| Ticker: | FLMVX |
| Manager: | Team Managed |
| Manager Since: | NA |
| NAV (05/20/2013): | 33.02 |
| Objective: | Equity - Growth |
| Peer: | GR MB |
| Net Assets ($mil): | 4599.18 |
| Inception: | 11/13/1997 |
FLMVX : Description
Incepted in November 1997, the fund is managed by Robert Fleming Inc. Robert Fleming is a wholly owned subsidiary of J.P. Morgan Chase & Co., a bank holding company. The fund seeks to provide long-term growth from mid-capitalization stocks. The fund invests at least 80% of its assets in medium-sized U.S. companies with market capitalizations between $1 billion and $20 billion. The fund applies a value-oriented strategy to find stocks selling at attractive prices and diversifies its assets across a broad range of industrial sectors to minimize volatility. The fund distributes dividends and net capital gains, if any, annually.
FLMVX : Composition - 05/13
| Stocks | 95.86% |
| Foreign Stocks | 2.64% |
| Cash | 5.15% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -1.01% |
| Foreign Hedged | 0.00% |
FLMVX : Style Analysis - 05/13
| Large Growth | 32.67% |
| Large Value | 40.73% |
| Small Growth | 0.00% |
| Small Value | 16.78% |
| Foreign Stock | 32.67% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
FLMVX : Risk Analysis
| Beta v. S&P 500 | 1.11 |
| Beta v. EAFE | -0.15 |
| Beta v. Barclays Agg Bond | -0.17 |
| Alpha 3 Yr | 2.72 |
| Alpha 5 Yr | 3.71 |
| R-Sq 3 Yr | 0.95 |
| R-Sq 5 Yr | 0.93 |
| Std Dev 3 Yr | 14.65 |
| Std Dev 5 Yr | 19.75 |
| Sharpe 3 Yr | 1.10 |
| Sharpe 5 Yr | 0.55 |
FLMVX : Fees
| Expense Ratio | 0.74 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.65 |
FLMVX : Purchase Choices:
| Min Initial Investment | 3000000 |
| Min Subsequent Investment | 0 |
FLMVX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 18.77 | 22.30 | 23.58 | 26.13 | 24.53 | 15.55 | 19.26 | 23.47 | 23.75 | 27.99 | 33.02 |
| Total Return (%) | 30.61 | 21.07 | 9.44 | 17.31 | 2.83 | -32.90 | 26.75 | 23.34 | 2.41 | 20.48 | 13.50 |
| Annual Dividend Yield (%) | 0.41 | 0.45 | 0.82 | 1.28 | 0.91 | 1.02 | 1.72 | 1.14 | 1.12 | 1.35 | 1.19 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 19.28 | 102.02 | 45.55 | 15.15 | -26.62 | 41.01 | 3.31 | 82.78 | 3.18 | 44.90 | 7.62 |
| Rel Performance-Obj.Ret.(%) | 6.40 | 105.50 | -12.76 | 66.10 | -52.71 | 62.20 | -50.76 | 65.42 | 54.49 | 62.07 | 25.61 |
| Ret.Quintile vs Obj(1 is best) | 3 | 1 | 2 | 1 | 4 | 1 | 4 | 1 | 1 | 1 | 1 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 332 | 1,215 | 1,652 | 2,289 | 2,146 | 1,162 | 1,817 | 2,528 | 2,850 | 4,599 | 4,599 |
| Annual Turnover (%) | 51.00 | 32.00 | 40.00 | 90.00 | 31.00 | 47.00 | 34.00 | 41.00 | 30.00 | 0.00 | |
| Annual Dividend Paid ($) | 0.08 | 0.10 | 0.21 | 0.37 | 0.25 | 0.17 | 0.35 | 0.28 | 0.28 | 0.40 | 0.00 |
| Annual Capital Gains Paid($) | 0.10 | 0.31 | 0.61 | 1.15 | 2.06 | 0.69 | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 |
FLMVX : 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) | 0.79% | 7.73% | 15.54% | 13.50% | 21.83% | 15.15% | 8.96% | 11.31% | 12.19% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 62 | 8 | 30 | 19 | 3 | 2 | 3 | 6 | 1 | NA |
FLMVX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 21.11 |
| Average Price/Book | 3.47 |
| Average EPS Growth | 10.27 |
| Average Market Value | 10,265.00 |
FLMVX : Stock Sector Breakout - 05/13
FLMVX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| LOEWS CORP | 1.78 | 3,860,000 |
| ENERGEN CORP | 1.74 | 2,965,000 |
| KOHLS CORP | 1.61 | 2,817,000 |
| BALL CORP | 1.55 | 3,270,000 |
| EQT CORP | 1.29 | 1,959,000 |
| AMERIPRISE FINANCIAL INC | 1.53 | 2,414,000 |
| REPUBLIC SERVICES INC | 1.52 | 4,928,000 |
| M + T BANK CORP | 1.33 | 1,250,000 |
| MARSH & MCLENNAN CO | 1.54 | 4,056,000 |