| Ticker: | EUEYX |
| Manager: | Samuel Lieber |
| Manager Since: | 09/93 |
| NAV (05/23/2013): | 26.56 |
| Objective: | Equity - Sector Real Est |
| Peer: | RE MB |
| Net Assets ($mil): | 59.62 |
| Inception: | 09/01/1993 |
EUEYX : Description
The fund was incepted in September 1993 and is managed by Alpine Management & Research, LLC. The fund seeks long-term capital growth. The U.S. fund invests primarily in the equity securities of United States issuers which are principally engaged in the real estate industry or own significant real estate assets. Dividends and capital gains are generally paid annually.
EUEYX : Composition - 05/13
| Stocks | 92.03% |
| Foreign Stocks | 69.54% |
| Cash | 6.09% |
| Bonds | 1.83% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | 0.05% |
| Foreign Hedged | 0.00% |
EUEYX : Style Analysis - 05/13
| Large Growth | 0.00% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 17.88% |
| Foreign Stock | 0.00% |
| Emerging Market | 33.85% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
EUEYX : Risk Analysis
| Beta v. S&P 500 | 0.49 |
| Beta v. EAFE | 0.63 |
| Beta v. Barclays Agg Bond | 0.15 |
| Alpha 3 Yr | -3.05 |
| Alpha 5 Yr | -4.74 |
| R-Sq 3 Yr | 0.77 |
| R-Sq 5 Yr | 0.74 |
| Std Dev 3 Yr | 21.01 |
| Std Dev 5 Yr | 36.60 |
| Sharpe 3 Yr | 0.65 |
| Sharpe 5 Yr | 0.17 |
EUEYX : Fees
| Expense Ratio | 1.51 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | 1.00 |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 1.00 |
EUEYX : Purchase Choices:
| Min Initial Investment | 1000000 |
| Min Subsequent Investment | 0 |
EUEYX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 29.87 | 38.96 | 41.14 | 37.72 | 28.59 | 12.56 | 18.18 | 21.54 | 17.17 | 24.39 | 26.56 |
| Total Return (%) | 81.97 | 39.42 | 9.67 | -0.40 | -22.83 | -55.63 | 46.67 | 18.97 | -19.84 | 43.25 | 9.43 |
| Annual Dividend Yield (%) | 0.00 | 0.19 | 0.05 | 0.18 | 1.73 | 0.92 | 1.24 | 0.39 | 0.52 | 0.80 | 0.73 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 532.83 | 285.54 | 47.81 | -161.97 | -283.33 | -186.28 | 202.53 | 39.08 | -219.45 | 272.64 | -33.13 |
| Rel Performance-Obj.Ret.(%) | 457.67 | 76.11 | -17.18 | -331.14 | -67.25 | -148.63 | 149.00 | -43.79 | -203.49 | 208.49 | -27.33 |
| Ret.Quintile vs Obj(1 is best) | 1 | 1 | 4 | 5 | 5 | 5 | 1 | 4 | 5 | 1 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 157 | 302 | 557 | 262 | 116 | 47 | 55 | 62 | 49 | 60 | 60 |
| Annual Turnover (%) | 86.00 | 73.00 | 34.00 | 19.00 | 49.00 | 68.00 | 135.00 | 90.00 | 59.00 | 24.00 | 0.00 |
| Annual Dividend Paid ($) | 0.00 | 0.08 | 0.02 | 0.08 | 0.52 | 0.12 | 0.24 | 0.08 | 0.09 | 0.20 | 0.00 |
| Annual Capital Gains Paid($) | 1.25 | 2.56 | 1.58 | 3.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EUEYX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 3.81% | 4.29% | 13.86% | 9.43% | 31.88% | 11.46% | -0.27% | 6.12% | 5.04% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 88 | 93 | 89 | 87 | 7 | 92 | 94 | 94 | 98 | NA |
EUEYX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 19.94 |
| Average Price/Book | 2.16 |
| Average EPS Growth | 16.50 |
| Average Market Value | 4,884.00 |
EUEYX : Stock Sector Breakout - 05/13
EUEYX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| OCWEN FINANCIAL | 3.61 | 60,771 |
| MULTIPLAN EMPREENDIMENTO | 3.54 | 80,290 |
| IGUATEMI EMPRESA DE SHOPPING | 3.19 | 144,280 |
| TAG TEGERNSEE IMMOBILIEN | 2.94 | 159,090 |
| ROBINSONS LAND CORP | 2.21 | 2,751,363 |
| DIRECIONAL ENGENHARIA SA | 2.66 | 230,654 |
| LPN DEVELOPMENT PLC | 2.44 | 2,200,000 |
| LXB RETAIL PROPERTIES PLC | 2.22 | 778,923 |
| HULIC CO LTD | 2.70 | 280,000 |