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Trending ETFs

Cromwell Tran Sustainable Focus Fund

mutual fund
LIMIX
Payout Change
Suspended
Price as of:
$7.78 -0.03 -0.38%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (LIMIX) Investor (LIMAX)
LIMIX (Mutual Fund)

Cromwell Tran Sustainable Focus Fund

Payout Change
Suspended
Price as of:
$7.78 -0.03 -0.38%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (LIMIX) Investor (LIMAX)
LIMIX (Mutual Fund)

Cromwell Tran Sustainable Focus Fund

Payout Change
Suspended
Price as of:
$7.78 -0.03 -0.38%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (LIMIX) Investor (LIMAX)

Name

As of 12/19/2024

Price

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

Cromwell Tran Sustainable Focus Fund

LIMIX | Fund

$7.78

$31.1 M

0.00%

1.62%

Vitals

YTD Return

15.7%

1 yr return

18.0%

3 Yr Avg Return

-0.2%

5 Yr Avg Return

8.9%

Net Assets

$31.1 M

Holdings in Top 10

55.2%

52 WEEK LOW AND HIGH

$7.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 66.00%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$100,000

IRA

$2,500

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

Price

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

Cromwell Tran Sustainable Focus Fund

LIMIX | Fund

$7.78

$31.1 M

0.00%

1.62%

LIMIX - Profile

Distributions

  • YTD Total Return 15.7%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Cromwell Tran Sustainable Focus Fund
  • Fund Family Name
    Lateef
  • Inception Date
    Sep 06, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Quoc Tran

Fund Description

To achieve the Fund’s investment objective, Tran Capital Management, L.P., the investment sub-adviser (the “Tran Sub-Adviser” or “Sub-Adviser”) normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies with market capitalizations greater than $2 billion that have, in the Tran Sub-Adviser’s opinion, a competitive advantage. The Sub-Adviser uses an intensive fundamental due diligence research process to attempt to identify companies with owner-oriented management teams that, in the view of the Sub-Adviser, generate consistently high returns on capital. Additionally, the companies in which the Fund invests will, in the opinion of the Sub-Adviser, possess high margins, strong cash flow, zero-to-moderate debt and trade at a price below intrinsic value.
Under normal market conditions, the Fund will invest at least 80% of its assets in sustainable equity securities. For this purpose, the Sub-Adviser defines sustainable securities as those that score 3 or higher on its internal 5-point ESG scale based on the evaluation of factors described below. In ranking a company’s ESG criteria, the Sub-Adviser considers both the external impact of a company’s product or service and the company’s internal policies, controls, and interactions with shareholders, employees, and other stakeholders. External and internal factors are weighted equally. The Sub-Adviser does not employ negative screening and will consider all companies in all industries for the portfolio.
Through its investment process, the Sub-Adviser seeks to build an understanding of the competitive advantages, financial drivers, and key risks and uncertainties related to an investment under consideration. The Sub-Adviser believes that its “ESG” framework (as further described below) can aid in identifying sustainable franchises and may, in its view, better position the Fund to perform over the long term and through market cycles. The Sub-Adviser’s internally-developed ESG framework considers environmental, social, and governance risks and value-creation opportunities. The Sub-Adviser obtains information related to the application of its ESG framework through the Sub-Adviser’s own research and analysis of publicly available information, including information related to a company’s existing policies and actions related to social responsibility, as determined by the Sub-Adviser’s ESG framework. The Sub-Adviser also obtains data and information which is incorporated into its ESG framework through direct engagement with management teams of the Fund’s portfolio companies or potential portfolio companies.
The Sub-Adviser takes a qualitative approach to ESG integration. By assessing a security’s positive, neutral, or negative impact on these internal and external ESG issues, the Sub-Adviser aims to identify value-creating opportunities and avoid value-destructing risk. To the extent that the Sub-Adviser has strong data, evidence, and ability to estimate the materiality of ESG risks and opportunities, financial
models and valuation analysis may be adjusted to incorporate material factors. The Sub-Adviser weights its internal rating for a security’s acceptability under each ESG factor to make a decision.
External factors considered include, but are not limited to:
•a company’s contribution to climate change and goals for reaching net zero
•impact on natural resources
•promotion of clean, renewable, and green activities
•product safety and responsibility
•interaction with the communities served by the company
•promotion of access to information, healthcare, financing, etc.
•strength of ESG reporting and quality of disclosures and transparency
Internal factors considered include, but are not limited to:
•policies and actions that promote sustainability
•footprint of corporate facilities
•treatment of employees
•diversity & inclusion measures along with goals or policies for improvement
•having and enabling a culture of feedback
•diverse representation on the Board of Directors and executive team
•management alignment with shareholders
•strong checks and balances
The Fund is non-diversified, which means that a significant portion of the Fund’s assets may be invested in the securities of a single or small number of companies and/or in a more limited number of sectors than a diversified mutual fund. Although the Fund may not invest 25% or more of its net assets in one or more industries, the Fund may focus its investments from time to time in one or more sectors of the economy or stock market.
The Sub-Adviser chooses to sell securities from the portfolio when the fundamentals of the company are deteriorating or when the Sub-Adviser identifies better opportunities. When considering better opportunities, securities that may score poorly with respect to such factors may be purchased and retained by the Fund while the Fund may sell or not invest in securities that may score strongly on such factors because the Sub-Adviser considers the poor ESG security to be a better value. Securities in the Fund’s portfolio that score poorly (i.e., 2 or less on the Sub-Adviser’s 5-point scale) with respect to the ESG factors described above will not be counted towards the Fund’s 80% policy.
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LIMIX - Performance

Return Ranking - Trailing

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -6.1% 52.5% 87.27%
1 Yr 18.0% -4.9% 55.1% 89.73%
3 Yr -0.2%* -23.8% 24.5% 96.01%
5 Yr 8.9%* -15.0% 30.3% 95.23%
10 Yr 9.3%* -5.5% 21.7% 94.15%

* Annualized

Return Ranking - Calendar

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
2023 26.0% -74.1% 72.4% 71.72%
2022 -41.5% -85.9% 4.7% 85.91%
2021 3.9% -52.4% 60.5% 64.92%
2020 13.7% -34.3% 145.0% 89.62%
2019 22.1% -6.9% 49.4% 68.60%

Total Return Ranking - Trailing

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -6.1% 52.5% 87.27%
1 Yr 18.0% -4.9% 55.1% 89.73%
3 Yr -0.2%* -23.8% 24.5% 96.01%
5 Yr 8.9%* -15.0% 30.3% 95.23%
10 Yr 9.3%* -5.5% 21.7% 94.15%

* Annualized

Total Return Ranking - Calendar

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
2023 26.0% -4.6% 72.4% 84.40%
2022 -35.1% -61.7% 5.6% 78.50%
2021 25.2% -39.8% 118.1% 26.94%
2020 29.5% 2.8% 149.2% 72.74%
2019 41.8% -5.2% 49.4% 1.63%

NAV & Total Return History

LIMIX - Holdings

Concentration Analysis

LIMIX Category Low Category High LIMIX % Rank
Net Assets 31.1 M 296 K 317 B 95.83%
Number of Holdings 30 2 3061 91.38%
Net Assets in Top 10 17.4 M 126 K 150 B 95.28%
Weighting of Top 10 55.21% 0.7% 205.0% 43.59%

Top 10 Holdings

  1. Microsoft Corp 7.84%
  2. Amazon.com Inc 6.35%
  3. Talen Energy Corp 6.25%
  4. Danaher Corp 6.21%
  5. NVIDIA Corp 5.86%
  6. Meta Platforms Inc 4.91%
  7. Taiwan Semiconductor Manufacturing Co Ltd 4.81%
  8. T-Mobile US Inc 4.60%
  9. Ferguson Enterprises Inc 4.36%
  10. Entegris Inc 4.03%

Asset Allocation

Weighting Return Low Return High LIMIX % Rank
Stocks 		99.52% 0.00% 123.52% 28.58%
Cash 		0.57% 0.00% 173.52% 62.61%
Preferred Stocks 		0.00% 0.00% 8.45% 38.75%
Other 		0.00% -36.56% 42.58% 45.37%
Convertible Bonds 		0.00% 0.00% 1.94% 29.73%
Bonds 		0.00% 0.00% 102.71% 31.67%

Stock Sector Breakdown

Weighting Return Low Return High LIMIX % Rank
Technology 		29.86% 0.00% 65.70% 70.27%
Healthcare 		16.10% 0.00% 39.76% 19.64%
Consumer Cyclical 		14.67% 0.00% 62.57% 58.36%
Financial Services 		12.65% 0.00% 43.06% 23.82%
Basic Materials 		8.80% 0.00% 18.91% 2.18%
Communication Services 		8.55% 0.00% 66.40% 70.45%
Industrials 		7.26% 0.00% 30.65% 36.64%
Energy 		2.12% 0.00% 41.09% 26.45%
Utilities 		0.00% 0.00% 16.07% 49.64%
Real Estate 		0.00% 0.00% 16.05% 77.00%
Consumer Defense 		0.00% 0.00% 25.50% 91.27%

Stock Geographic Breakdown

Weighting Return Low Return High LIMIX % Rank
US 		99.52% 0.00% 123.52% 20.69%
Non US 		0.00% 0.00% 75.46% 51.91%

LIMIX - Expenses

Operational Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.62% 0.01% 28.71% 14.75%
Management Fee 0.85% 0.00% 1.50% 89.95%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 17.39%

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.

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 316.74% 75.54%

LIMIX - Distributions

Dividend Yield Analysis

LIMIX Category Low Category High LIMIX % Rank
Dividend Yield 0.00% 0.00% 27.58% 60.58%

Dividend Distribution Analysis

LIMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

LIMIX Category Low Category High LIMIX % Rank
Net Income Ratio -0.31% -6.13% 3.48% 49.54%

Capital Gain Distribution Analysis

LIMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

LIMIX - Fund Manager Analysis

Managers

Quoc Tran

Start Date

Tenure

Tenure Rank

Sep 06, 2007

14.74

14.7%

Quoc Tran, MBA — Chief Investment Officer, Portfolio Manager and Managing Partner, joined Lateef Investment Management LP in 2005 and led a management buyout of the firm in 2017. In 2002, Quoc joined Wallace R. Weitz & Co. and held various positions in portfolio management and research. Prior to that, he spent five years at Goldman Sachs and Co. as an institutional sales professional, and left the company as Vice President and Director in the Equities Division. Mr. Tran is a member of the Board of Trustees of Bates College and serves on various committees, including the Bates College Investment Committee where he is Chair of Equities. Mr. Tran received a B.A. degree with high honors in Rhetoric from Bates College and his MBA in Finance and Competitive Strategy at the University of Chicago where he was also a Business Fellow.

Michael Im

Start Date

Tenure

Tenure Rank

Sep 01, 2020

1.75

1.8%

Michael Im, CFA, MBA, Vice President, Associate Portfolio Manager and Senior Research Analyst, joined Lateef in 2013. Prior to Lateef, Mike was an Analyst at Kiitos Capital Management and was an Equity Research Associate at Dodge & Cox. Mike received a B.S. degree, with high honors, in Business Administration from the University of California, Berkeley (Phi Beta Kappa) and an MBA, with honors, from the University of Chicago, Booth School of Business. Mike is a CFA Charterholder and a member of the CFA Society of San Francisco.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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