| Ticker: | ITEAX |
| Manager: | Brian Rogers |
| Manager Since: | 01/06 |
| NAV (05/23/2013): | 15.18 |
| Objective: | Equity - Income |
| Peer: | IN LV |
| Net Assets ($mil): | 45.96 |
| Inception: | 01/31/2006 |
The fund was incepted in December 1998 and is managed by ING Investments. The fund seeks high total return for taxable investors on an after-tax basis through a diversified portfolio of stocks. Under normal market conditions, the fund operates as a diversified fund and invests at least 80% of its total assets in a portfolio of equity securities whose returns depend upon stock market prices. The portfolio managers manage the fund's portfolio in a manner that attempts to reduce net realized capital gains each year. An emphasis is placed on common stocks of companies which have strong appreciation potential. The fund expects investments to be in common stocks of large, mid-sized, and small companies. The portfolio managers attempt to minimize tax consequences to investors by focusing on non-dividend paying of low-dividend paying stocks and by reducing annual portfolio turnover. Dividends and capital gains, if any, are d...
| Stocks | 95.02% |
| Foreign Stocks | 4.15% |
| Cash | 5.27% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.75% |
| Convertible | 0.00% |
| Other | -1.04% |
| Foreign Hedged | 0.00% |
| Large Growth | 7.28% |
| Large Value | 58.91% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 7.28% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 26.78% |
| Foreign Bond | 0.00% |
| Beta v. S&P 500 | 0.94 |
| Beta v. EAFE | 0.04 |
| Beta v. Barclays Agg Bond | -0.38 |
| Alpha 3 Yr | -2.06 |
| Alpha 5 Yr | -0.75 |
| R-Sq 3 Yr | 0.98 |
| R-Sq 5 Yr | 0.97 |
| Std Dev 3 Yr | 15.51 |
| Std Dev 5 Yr | 20.38 |
| Sharpe 3 Yr | 0.76 |
| Sharpe 5 Yr | 0.32 |
| Expense Ratio | 1.40 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.75 |
| % Max Mgt Fee | 0.64 |
| Min Initial Investment | 0 |
| Min Subsequent Investment | 0 |
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 15.28 | 15.00 | 8.41 | 10.34 | 11.68 | 11.34 | 15.18 | ||||
| Total Return (%) | 2.70 | -35.91 | 24.59 | 14.51 | -1.17 | 16.68 | 12.91 | ||||
| Annual Dividend Yield (%) | 0.00 | 3.77 | 1.23 | 1.26 | 1.68 | 1.58 | 1.40 | ||||
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -27.89 | 10.93 | -18.31 | -5.52 | -32.76 | 6.91 | 1.70 | ||||
| Rel Performance-Obj.Ret.(%) | 0.34 | -37.12 | 12.33 | 13.63 | -24.94 | 42.95 | 22.95 | ||||
| Ret.Quintile vs Obj(1 is best) | 4 | 4 | 2 | 2 | 4 | 1 | 2 | ||||
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 25 | 13 | 18 | 28 | 36 | 46 | 46 | ||||
| Annual Turnover (%) | 27.00 | 33.00 | 14.00 | 16.00 | 22.00 | 14.00 | 0.00 | ||||
| Annual Dividend Paid ($) | 0.00 | 0.37 | 0.13 | 0.15 | 0.20 | 0.21 | 0.00 | ||||
| Annual Capital Gains Paid($) | 0.73 | 1.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 1.52% | 7.22% | 15.27% | 12.91% | 19.62% | 10.71% | 4.54% | NA | NA | NA |
| Ret. Percentile vs. Obj. (1 is best) | 73 | 22 | 17 | 33 | 7 | 58 | 54 | NA | NA | NA |
| Average Price/Earnings | 22.00 |
| Average Price/Book | 3.61 |
| Average EPS Growth | 7.92 |
| Average Market Value | 64,332.00 |
| Name | Weight | Shares |
|---|---|---|
| GENERAL ELECTRIC CO | 2.72 | 1,890,100 |
| JPMORGAN CHASE + CO | 2.61 | 868,744 |
| CHEVRON CORP | 2.40 | 324,190 |
| EXXON MOBIL CORP | 2.17 | 366,324 |
| AMERICAN EXPRESS CO COM | 1.53 | 388,900 |
| AT&T CORP | 1.79 | 777,303 |
| ROYAL DUTCH SHELL PLC ADR | 1.66 | 351,500 |
| US BANCORP | 1.62 | 739,600 |
| WELLS FARGO + CO | 1.88 | 804,700 |