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Jacob Internet Fund
mutual fund
JAMFX
Payout Change
Suspended
Price as of:
$6.16
+0.15
+2.5%
primary theme
Technology Sector Equity
share class
JAMFX (Mutual Fund)
Jacob Internet Fund
Payout Change
Suspended
Price as of:
$6.16
+0.15
+2.5%
primary theme
Technology Sector Equity
share class
JAMFX (Mutual Fund)
Jacob Internet Fund
Payout Change
Suspended
Price as of:
$6.16
+0.15
+2.5%
primary theme
Technology Sector Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
19.1%
1 yr return
19.1%
3 Yr Avg Return
-14.1%
5 Yr Avg Return
9.9%
Net Assets
$55.5 M
Holdings in Top 10
54.9%
52 WEEK LOW AND HIGH
$6.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.48%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JAMFX - Profile
Distributions
- YTD Total Return 19.1%
- 3 Yr Annualized Total Return -14.1%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.88%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJacob Internet Fund
-
Fund Family NameJacob
-
Inception DateDec 14, 1999
-
Shares Outstanding13381544
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRyan Jacob
Fund Description
The Fund seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its assets in securities of companies in Internet and Internet-related industries. The Fund primarily invests in common stocks and securities convertible into common stocks, but may invest up to 35% in fixed income or debt securities. The Fund may invest without limitation in foreign securities, including securities of emerging market countries (i.e., those that are in the early stages of their industrial cycles), so that the Fund has the flexibility to take full advantage of investment opportunities in Internet companies and companies in Internet-related industries. The Adviser currently does not expect to invest more than 50% of the Fund’s net assets in foreign companies. The Adviser selects investments in companies that derive a substantial portion of their revenue from Internet businesses and businesses in Internet-related industries or those that are aggressively developing and expanding their Internet and Internet-related business operations. Such investments generally will be selected from companies in the following groups: media, e-commerce, computer software, internet service providers, internet portals, wireless/broadband access, and telecommunications.
The Fund invests in companies that emphasize research and development with respect to proprietary products and services for Internet users and businesses, because the Adviser believes that these stocks have the greatest potential to rise in value. Many Internet companies are newer and have small to medium market capitalizations. The Adviser’s overall process of stock selection for the Fund is not based on the capitalization of or size of the company but rather on an assessment of the company’s fundamental prospects. The Fund generally seeks to purchase securities as long-term investments, but when circumstances warrant, securities may be sold without regard to the length of time they have been held to reduce risk or volatility or to respond to changing fundamental information.
The Fund intends to hold some cash, short-term debt obligations, government securities or other high-quality investments for reserves to cover redemptions and unanticipated expenses, to seek income, or to maintain liquidity while seeking appropriate investments.
The Fund may lend its portfolio securities to seek to generate additional income.
JAMFX - Performance
Return Ranking - Trailing
| Period | JAMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.1% | -16.5% | 68.8% | 84.33% |
| 1 Yr | 19.1% | -19.2% | 68.0% | 82.03% |
| 3 Yr | -14.1%* | -29.1% | 18.7% | 99.06% |
| 5 Yr | 9.9%* | -10.3% | 30.7% | 85.86% |
| 10 Yr | 11.9%* | 2.0% | 26.3% | 86.67% |
* Annualized
Return Ranking - Calendar
| Period | JAMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.6% | -5.6% | 96.9% | 71.76% |
| 2022 | -59.5% | -73.9% | -16.4% | 96.71% |
| 2021 | 9.6% | -44.6% | 51.5% | 42.45% |
| 2020 | 92.9% | 5.5% | 154.1% | 3.03% |
| 2019 | 7.7% | -3.0% | 63.7% | 96.28% |
Total Return Ranking - Trailing
| Period | JAMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.1% | -16.5% | 68.8% | 84.33% |
| 1 Yr | 19.1% | -19.2% | 68.0% | 82.03% |
| 3 Yr | -14.1%* | -29.1% | 18.7% | 99.06% |
| 5 Yr | 9.9%* | -10.3% | 30.7% | 85.86% |
| 10 Yr | 11.9%* | 2.0% | 26.3% | 86.67% |
* Annualized
Total Return Ranking - Calendar
| Period | JAMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 34.6% | -2.3% | 96.9% | 79.63% |
| 2022 | -59.5% | -67.5% | -5.9% | 97.65% |
| 2021 | 12.8% | -17.8% | 59.2% | 66.98% |
| 2020 | 123.2% | 17.5% | 157.5% | 1.01% |
| 2019 | 21.7% | 7.5% | 66.9% | 96.81% |
NAV & Total Return History
JAMFX - Holdings
Concentration Analysis
| JAMFX | Category Low | Category High | JAMFX % Rank | |
|---|---|---|---|---|
| Net Assets | 55.5 M | 4.67 M | 81.2 B | 84.86% |
| Number of Holdings | 32 | 10 | 321 | 89.45% |
| Net Assets in Top 10 | 24.5 M | 1.67 M | 56.8 B | 85.78% |
| Weighting of Top 10 | 54.89% | 12.6% | 100.0% | 43.58% |
Top 10 Holdings
- Doximity Inc 6.45%
- Powerfleet Inc NJ 6.40%
- MongoDB Inc 6.18%
- Inspired Entertainment Inc 5.88%
- DraftKings Inc 5.62%
- Cantaloupe Inc 5.35%
- Zillow Group Inc 5.27%
- Block Inc 5.13%
- Cloudflare Inc 4.42%
- OptimizeRx Corp 4.18%
Asset Allocation
| Weighting | Return Low | Return High | JAMFX % Rank | |
|---|---|---|---|---|
| Stocks | 100.05% | 0.00% | 100.77% | 4.13% |
| Cash | 1.86% | 0.00% | 26.97% | 44.04% |
| Preferred Stocks | 0.00% | 0.00% | 8.64% | 78.44% |
| Other | 0.00% | -0.04% | 26.87% | 76.15% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 72.94% |
| Bonds | 0.00% | 0.00% | 88.05% | 72.94% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JAMFX % Rank | |
|---|---|---|---|---|
| Technology | 52.19% | 2.80% | 100.00% | 86.70% |
| Communication Services | 19.67% | 0.00% | 97.05% | 7.34% |
| Financial Services | 10.23% | 0.00% | 38.36% | 9.63% |
| Healthcare | 10.14% | 0.00% | 25.57% | 7.80% |
| Consumer Cyclical | 7.37% | 0.00% | 32.97% | 44.95% |
| Real Estate | 0.40% | 0.00% | 15.05% | 24.31% |
| Utilities | 0.00% | 0.00% | 5.17% | 72.94% |
| Industrials | 0.00% | 0.00% | 38.68% | 93.12% |
| Energy | 0.00% | 0.00% | 1.24% | 72.02% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 77.06% |
| Basic Materials | 0.00% | 0.00% | 2.38% | 73.85% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JAMFX % Rank | |
|---|---|---|---|---|
| US | 100.05% | 0.00% | 100.77% | 3.67% |
| Non US | 0.00% | 0.00% | 63.81% | 86.70% |
JAMFX - Expenses
Operational Fees
| JAMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.48% | 0.08% | 5.04% | 5.53% |
| Management Fee | 1.25% | 0.03% | 1.95% | 97.25% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 63.03% |
| Administrative Fee | N/A | 0.00% | 0.50% | 24.56% |
Sales Fees
| JAMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| JAMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 37.50% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JAMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 0.69% | 281.00% | 60.69% |
JAMFX - Distributions
Dividend Yield Analysis
| JAMFX | Category Low | Category High | JAMFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.82% | 80.73% |
Dividend Distribution Analysis
| JAMFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Annual |
Net Income Ratio Analysis
| JAMFX | Category Low | Category High | JAMFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.88% | -2.30% | 2.08% | 97.66% |
Capital Gain Distribution Analysis
| JAMFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2021 | $0.291 | OrdinaryDividend |
| Dec 09, 2020 | $1.192 | CapitalGainLongTerm |
| Dec 06, 2019 | $0.573 | CapitalGainLongTerm |
| Dec 06, 2018 | $0.366 | CapitalGainLongTerm |
| Dec 06, 2017 | $0.116 | CapitalGainShortTerm |
| Dec 06, 2017 | $0.440 | CapitalGainLongTerm |
| Dec 19, 2016 | $0.027 | CapitalGainShortTerm |
| Dec 19, 2016 | $0.172 | CapitalGainLongTerm |
| Dec 18, 2015 | $0.489 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.443 | CapitalGainLongTerm |
JAMFX - Fund Manager Analysis
Managers
Ryan Jacob
Start Date
Tenure
Tenure Rank
Dec 13, 1999
22.48
22.5%
Ryan I. Jacob is the Lead Portfolio Manager of Jacob Funds. Mr. Jacob is the founder and Chief Executive Officer of the Adviser, as well as President of Jacob Funds Inc.. Mr. Jacob served as Chief Portfolio Manager. Mr. Jacob also served as a financial analyst for Lepercq, de Neuflize & Co. Inc. from September 1998 to June 1999 and as an analyst for Horizon Asset Management from October 1994 through August 1998. Mr. Jacob also served as the Director of Research for IPO Value Monitor, an investment related research service from 1996 to August 1998. Previously, Mr. Jacob was an assistant portfolio manager in the private clients group at Bankers Trust from October 1992 through October 1994. Mr. Jacob, a graduate of Drexel University.
Francis Alexander
Start Date
Tenure
Tenure Rank
Dec 13, 1999
22.48
22.5%
Francis J. Alexander is a Co-Portfolio Manager of Jacob FundS. He was Chief Portfolio Manager from October 21, 1996 (inception) through December 19, 1997 and thereafter was a portfolio manager of that fund while Mr. Jacob served as Chief Portfolio Manager. Mr. Alexander was a portfolio manager with Lepercq, de Neuflize & Co. Inc. from May 1998 to March 2002. He has served as President of Alexander Capital Management, Inc. since 1985. Mr. Alexander received his Bachelor of Arts from Notre Dame University and his Master of Business Administration from St. John’s University.
Darren Chervitz
Start Date
Tenure
Tenure Rank
Oct 01, 2012
9.67
9.7%
Darren Chervitz is the Lead Portfolio Manager and Co-Portfolio Manager of Jacob Asset Management of New York LLC. He has served as the Director of Research for Jacob Asset Management of New York LLC since 1999. Prior to his employment with the Adviser, Mr. Chervitz was a financial editor and reporter for CBS MarketWatch from August 1996 to July 1999. Mr. Chervitz was also a technology stock analyst for ZDTV from August 1996 to July 1999.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.19 | 1.41 |
