| Ticker: | RPFRX |
| Manager: | Andrew Davis |
| Manager Since: | 01/94 |
| NAV (05/14/2013): | 32.16 |
| Objective: | Equity - Sector Real Est |
| Peer: | RE MB |
| Net Assets ($mil): | 206.50 |
| Inception: | 01/03/1994 |
RPFRX : Description
The fund was incepted in January 1994 and is managed by Davis Selected Advisers. The fund seeks total return through a combination of growth and income. To achieve this objective, the fund primarily invests at least 80% of its net assets in securities issued by companies engaged in the real estate industry. The fund offers dividends quarterly and capital gains annually.
RPFRX : Composition - 04/13
| Stocks | 81.58% |
| Foreign Stocks | 1.00% |
| Cash | 5.14% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 3.50% |
| Convertible | 9.72% |
| Other | 0.05% |
| Foreign Hedged | 0.00% |
RPFRX : Style Analysis - 04/13
| Large Growth | 4.70% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 10.52% |
| Foreign Stock | 4.70% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 32.82% |
| Foreign Bond | 0.00% |
RPFRX : Risk Analysis
| Beta v. S&P 500 | 0.98 |
| Beta v. EAFE | 0.01 |
| Beta v. Barclays Agg Bond | 2.04 |
| Alpha 3 Yr | 3.00 |
| Alpha 5 Yr | -2.30 |
| R-Sq 3 Yr | 0.73 |
| R-Sq 5 Yr | 0.69 |
| Std Dev 3 Yr | 14.80 |
| Std Dev 5 Yr | 30.34 |
| Sharpe 3 Yr | 1.00 |
| Sharpe 5 Yr | 0.25 |
RPFRX : Fees
| Expense Ratio | 1.01 |
| % Max Load | 4.75 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.21 |
| % Max Mgt Fee | 0.55 |
RPFRX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 25 |
RPFRX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 30.32 | 39.52 | 40.23 | 46.42 | 30.50 | 15.29 | 19.79 | 23.38 | 25.31 | 29.25 | 32.16 |
| Total Return (%) | 37.52 | 33.22 | 12.75 | 34.59 | -14.84 | -47.18 | 31.71 | 20.09 | 9.68 | 16.85 | 3.69 |
| Annual Dividend Yield (%) | 2.83 | 1.83 | 1.82 | 1.58 | 1.43 | 2.54 | 1.15 | 1.46 | 1.20 | 1.04 | 1.00 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 88.33 | 223.50 | 78.62 | 187.99 | -203.42 | -101.75 | 52.96 | 50.26 | 75.89 | 8.66 | -69.16 |
| Rel Performance-Obj.Ret.(%) | 13.17 | 14.07 | 13.63 | 18.82 | 12.66 | -64.10 | -0.57 | -32.61 | 91.85 | -55.49 | -21.93 |
| Ret.Quintile vs Obj(1 is best) | 2 | 3 | 3 | 3 | 2 | 5 | 3 | 4 | 1 | 4 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 190 | 313 | 373 | 573 | 461 | 203 | 234 | 246 | 181 | 207 | 207 |
| Annual Turnover (%) | 25.93 | 14.32 | 24.86 | 37.97 | 46.37 | 43.68 | 63.71 | 43.00 | 68.00 | 50.00 | 0.00 |
| Annual Dividend Paid ($) | 0.90 | 0.76 | 0.83 | 0.88 | 0.58 | 0.42 | 0.24 | 0.36 | 0.32 | 0.32 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 3.42 | 6.82 | 8.71 | 0.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
RPFRX : 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 04/13) | 1.95% | 3.69% | 5.02% | 3.69% | 9.30% | 13.72% | 2.76% | 9.70% | 7.30% | NA |
| Ret. Percentile vs. Obj. (1 is best) | 78 | 90 | 96 | 90 | 96 | 60 | 73 | 80 | 81 | NA |
RPFRX : Stock Portfolio Snapshot - 04/13
| Average Price/Earnings | 31.82 |
| Average Price/Book | 3.41 |
| Average EPS Growth | 27.01 |
| Average Market Value | 10,092.00 |
RPFRX : Stock Sector Breakout - 04/13
RPFRX : Top Holdings - 04/13
| Name | Weight | Shares |
|---|---|---|
| AMERICAN CAMPUS COMMUNITIES | 5.25 | 297,800 |
| SIMON PROPERTY GROUP INC | 5.03 | 83,332 |
| ALEXANDRIA REAL ESTATE EQUITI | 4.76 | 468,943 |
| RAYONIER INC | 3.48 | 175,960 |
| DIGITAL REALTY TRUST INC | 3.02 | 116,550 |
| DIGITAL REALTY TRUST | 3.12 | 4,815,000 |
| AVALONBAY COMMUNITIES | 3.11 | 60,040 |
| FOREST CITY ENTERPRISES - A | 3.07 | 498,154 |
| VORNADO REALTY TRUST | 3.29 | 107,584 |