Summary
The fund seeks capital appreciation and current income by investing in companies across any size in the United States.
The investment process is designed to highlight companies in the benchmark index that are trading at a discount to their estimated intrinsic value.
Next, the research team focuses on high-quality companies that exhibit characteristics such as sustainable competitive advantages, conservative capital structure, prudent management team, and attractive financials.
Then the manager constructs a diver
Link
Directors
Jan 12, 2024- Peter W. Davidson
- Candace K. Beinecke
- John P. Arnhold
- Paul J. Lawler
- Mehdi Mahmud
- Jean D. Hamilton
- Lisa Anderson
- James E. Jordan
- William M. Kelly
- Mandakini Puri
Chief Compliance Officer
- Seth Gelman
Fund Manager(s)
Price
Company Name |
Holding |
| Oracle Corp. | 6.43 % |
| Texas Instruments, Inc. | 6.41 % |
| Alphabet, Inc. | 6.05 % |
| Comcast Corp. | 5.5 % |
| UnitedHealth Group, Inc. | 5.18 % |
| Home Depot, Inc. (The) | 4.79 % |
| TE Connectivity Ltd. | 4.68 % |
| Schindler Holding AG | 4.23 % |
| HCA Healthcare, Inc. | 4.11 % |
| Philip Morris International, Inc. | 4.08 % |
| More |
Documents
Performance
YTD
2.2%
3 Year
-3.48%
5 Year
-6.83%
Best
31.05%
2013
Worst
-30.7%
2008
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 6.3% | 6.8% | -9.6% | 4.7% | -23.7% | 18.7% | -3% | 7.5% | -3.1% | 0.8% |
| Q2 | -1.9% | 8.1% | -13.4% | 8.7% | 18.6% | 0.8% | 3.5% | 2.4% | -4% | 0.8% |
| Q3 | - | -2.9% | -7.6% | -13.2% | -11.2% | - | -0.5% | 6.9% | 6.8% | -9.8% |
| Q4 | - | 0.3% | 8.2% | 6.6% | 12.9% | 4% | -21.2% | 2.5% | -1.4% | 5.3% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.6% | 1.1% | 3.4% | -4.5% | - | - | - | - | - | - | - | - |
| 2023 | 6.1% | -2.5% | 3.2% | 3.3% | -1.4% | 6.1% | 4.6% | -2.4% | -4.8% | -3.5% | 7.4% | -3.1% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2% | 13% | -22% | 5% | -9% | 27% | -24% | 22% | -2% | -4% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| FEFAX | 2% | 13% | -22% | 5% | -9% | 27% | -24% | 22% | -2% | -4% |
| Russell 3000 | - | - | -10% | 23% | 1% | 23% | -11% | 10% | 15% | -6% |
| Alpha | 2% | 13% | -12% | -18% | -10% | 5% | -13% | 11% | -17% | 3% |