M.D. Sass Equity Income Plus Fund

Overview | Fund Facts & Characteristics | Performance | Holdings & Sectors | Fact Sheets

Fund Facts & Characteristics as of 9/30/17

Inception Date          6/28/13

 

Institutional Class

Ticker MDEIX
Cusip 89834E633
Gross Expense Ratio 1.09%
Net Expense Ratio* 0.75%
Minimum Investment $1,000,000
Sub. Minimum Investment $25,000
Weighted Average Market Cap $36.0B
Weighted Avg. P/E '18 est. 13.2x
2018 EPS Growth Rate 17.80%
30 Day SEC Yield - subsidized 2.05%
30 Day SEC Yield - unsubsidized 1.63%
Dividend Yield 2.61%
   

 

Investor Class

Ticker MDEPX
Cusip 89834E617
Gross Expense Ratio 1.44%
Net Expense Ratio* 1.10%
Minimum Investment $2,500
Sub. Minimum Investment $100
Weighted Average Market Cap $35.9B
Weighted Avg. P/E '18 est. 13.2x
2018 EPS Growth Rate 17.74%
30 Day SEC Yield - subsidized 1.60%
30 Day SEC Yield - unsubsidized 1.21%
Dividend Yield 2.61%
   

*The Adviser has contractually agreed to waive its fees through September 28, 2018.

 

Morningstar Rating

MDEIX 3-Star Overall Morningstar Rating™ as of 9/30/17 out of 79 Option Writing Funds.

The Overall Morningstar Rating™ for a fund is derived from a weighted average of the fund's three-year Morningstar Rating™ metrics, which are based on risk-adjusted return performance.

 

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Click here for standardized performance.

 

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating (based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. As of 9/30/17, the MD Sass Short Term US Government Agency Income Fund was rated 3-Stars against the following numbers of Short Government funds over the following time periods: 104 funds in the last three- and 94 funds in the last five-years. The M.D. Sass Equity Income Plus Fund (Institutional Class) was rated 3 stars against the following numbers of Option Writing Funds over the following time periods: 79 funds in the last three years.

EPS Growth is not a measure of the Fund's future performance.

Dividend Yield: A financial ratio that shows how much a company pays out in dividends each year relative to its share price. In the absence of any capital gains, the dividend yield is the return on investment for a stock.

The Price to Earnings (P/E) Ratio: is calculated by dividing current price of the stock by the company's trailing 12 months' earnings per share.