| Ticker: | TISHX |
| Manager: | Walter Holick |
| Manager Since: | 03/10 |
| NAV (05/17/2013): | 21.62 |
| Objective: | Equity - Sector Utilities |
| Peer: | UT LV |
| Net Assets ($mil): | 119.40 |
| Inception: | 01/18/1984 |
The fund was incepted in January 1984 and is managed by Deutsche Investment. The fund seeks to maximize total return. The fund seeks to achieve this objective through a combination of long-term growth of capital and, to a lesser extent, current income. Under normal circumstances, the fund invests at least 80% of its assets in securities of companies in the communications field. The fund is one of the oldest mutual funds focusing primarily on telecommunications stocks In selecting investments, the fund's management team choose companies engaged in communications research, development, manufacturing and/or the sale of communications services, technology, equipment or products. This includes both traditional communications companies and companies that engage in new information-based applications. Portfolio holdings may include common stocks as well as dividend and interest-paying securities of companies in the communica...
| Stocks | 93.87% |
| Foreign Stocks | 26.10% |
| Cash | 7.68% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | -1.55% |
| Foreign Hedged | 0.00% |
| Large Growth | 21.59% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 21.59% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 28.95% |
| Foreign Bond | 0.00% |
| Beta v. S&P 500 | 0.45 |
| Beta v. EAFE | 0.32 |
| Beta v. Barclays Agg Bond | 0.62 |
| Alpha 3 Yr | 3.54 |
| Alpha 5 Yr | -0.47 |
| R-Sq 3 Yr | 0.79 |
| R-Sq 5 Yr | 0.76 |
| Std Dev 3 Yr | 13.36 |
| Std Dev 5 Yr | 24.09 |
| Sharpe 3 Yr | 1.10 |
| Sharpe 5 Yr | 0.29 |
| Expense Ratio | 1.72 |
| % Max Load | 5.75 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | 2.00 |
| % Max 12 B1 Fee | 0.24 |
| % Max Mgt Fee | 0.98 |
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 50 |
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 13.86 | 16.80 | 19.30 | 23.38 | 23.26 | 9.57 | 14.35 | 17.37 | 16.50 | 18.90 | 21.62 |
| Total Return (%) | 22.87 | 21.21 | 14.88 | 21.14 | -0.51 | -57.40 | 52.56 | 22.34 | -1.61 | 17.10 | 12.48 |
| Annual Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.25 | 1.65 | 1.00 | 3.24 | 2.10 | 1.86 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -58.18 | 103.39 | 99.90 | 53.44 | -60.08 | -203.95 | 261.39 | 72.78 | -37.15 | 11.07 | -2.56 |
| Rel Performance-Obj.Ret.(%) | 29.72 | -12.99 | 24.07 | -31.03 | -159.67 | -195.81 | 304.72 | 114.57 | -66.93 | 54.86 | -21.06 |
| Ret.Quintile vs Obj(1 is best) | 4 | 4 | 3 | 4 | 5 | 5 | 1 | 1 | 4 | 2 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 286 | 284 | 295 | 329 | 269 | 87 | 124 | 124 | 105 | 107 | 119 |
| Annual Turnover (%) | 62.00 | 34.00 | 21.00 | 27.00 | 39.00 | 118.00 | 148.00 | 168.00 | 74.00 | 73.00 | 0.00 |
| Annual Dividend Paid ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.25 | 0.18 | 0.56 | 0.42 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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) | 4.93% | 8.52% | 13.24% | 12.48% | 20.59% | 13.87% | 4.16% | 7.90% | 1.72% | 6.40% |
| Ret. Percentile vs. Obj. (1 is best) | 32 | 82 | 72 | 80 | 59 | 57 | 50 | 85 | 94 | 72 |
| Average Price/Earnings | 21.56 |
| Average Price/Book | 2.77 |
| Average EPS Growth | 9.14 |
| Average Market Value | 73,263.00 |
| Name | Weight | Shares |
|---|---|---|
| AT&T CORP | 13.26 | 440,000 |
| VODAFONE GROUP PLC SP ADR | 10.12 | 4,500,000 |
| VERIZON COMMUNICATIONS INC | 8.51 | 220,000 |
| COMCAST CORP CL A | 6.35 | 190,000 |
| CROWN CASTLE INTL CORP | 3.87 | 60,000 |
| CENTURYLINK INC | 4.55 | 130,000 |
| TELEFONICA SA | 4.49 | 370,000 |
| BT GROUP PLC SPON ADR | 4.38 | 1,300,000 |
| TIME WARNER CABLE | 6.08 | 70,000 |