Summary
The fund seeks capital appreciation in the long term by investing in mid-and large-size companies in the United States.
The flexible equity investment process seeks to identify attractive or improving businesses that are trading at reasonable valuations and not yet recognized by the market.
The research team looks for companies that demonstrate favorable business economics supported by enduring competitive advantages, capable and trustworthy management, positive industry dynamics and sensible capital allocation.
Link
Fund Manager(s)
Price
Documents
Performance
YTD
7.8%
3 Year
16.48%
5 Year
71.01%
Best
40.82%
2009
Worst
-40.51%
2008
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 5.4% | 9.2% | -7% | 8% | -21.3% | 14.3% | 0.2% | 6% | -1.4% | 0.6% |
| Q2 | - | 9.9% | -16.1% | 9.2% | 23.9% | 3.5% | 7.6% | 3.8% | -0.6% | -1.2% |
| Q3 | - | -1.1% | -5.9% | -4.5% | 6.7% | 0.8% | 6.2% | 4.9% | 7.5% | -6.6% |
| Q4 | - | 10.1% | 3.6% | 6.6% | 11.5% | 6.9% | -15.3% | 6.8% | 3.6% | 4.3% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.2% | 5.9% | 2.9% | -2.2% | - | - | - | - | - | - | - | - |
| 2023 | 8.3% | -1.9% | 2.7% | 1.7% | 0.9% | 7.1% | 3.8% | -0.4% | -4.3% | -2.6% | 10.8% | 2.1% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 8% | 31% | -24% | 20% | 16% | 30% | 0% | 24% | 9% | -3% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| BAFAX | 8% | 31% | -24% | 20% | 16% | 30% | - | 24% | 9% | -3% |
| Russell 1000 Index | - | - | -19% | 25% | 19% | 29% | -7% | 19% | 10% | -1% |
| Alpha | 8% | 31% | -5% | -5% | -3% | 1% | - | 4% | -1% | -2% |