5.9 in Long-Short
U.S. News evaluated 75 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 4 / 5 Stars |
| Lipper | 1 1 5 4 5 |
| Zacks Investment Research | 3 (Hold) |
| Standard & Poor's | 3 / 5 Stars |
| TheStreet.com | D (Sell) |
Fund Overview
The investment seeks to provide a high current return with short-term risk less than or equal to 40% of the stock market. The fund typically invests up to 75% of assets in common stocks and options on any size companies on which options are traded on a national securities exchange. It also normally invests at least 25% of total assets in fixed- income securities including U.S. government obligations, mortgage and asset-backed securities, corporate bonds, collateralized mortgage obligations, and/or other fixed-income instruments.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 4.2% |
| 1 Year | 2.8% |
| 3 Years (Annualized) | 9.4% |
| 5 Years (Annualized) | 1.3% |
| 10 Years (Annualized) | 3.9% |
Performance
The fund has returned 2.76 percent over the past year, 9.44 percent over the past three years, 1.32 percent over the past five years, and 3.87 percent over the past decade.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 32.62 | 0.0 | 32.62 |
| Stocks | 65.74 | 0.0 | 65.74 |
| Bonds | 3.32 | 0.0 | 3.32 |
| Other | 0.0 | 1.69 | -1.69 |
| Foreign Bonds | 0.0 | 0.0 | 0.0 |
| Foreign Stocks | 0.0 | 0.0 | 0.0 |
| Convertible | 0.0 | 0.0 | 0.0 |
| Preferred | 0.0 | 0.0 | 0.0 |
Updated 12.31.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 12.31.2011
| Ticker | YTD Return % | % Net Assets | |
|---|---|---|---|
| Temporary Invt Fd | --- | --- | 8.49 |
| Berkshire Hathaway Inc B | BRK.B | 7.26 | 1.8 |
| Chubb Corp | CB | 1.43 | 1.71 |
| Exxon Mobil Corporation | XOM | 3.28 | 1.66 |
| Chevron Corp | CVX | 2.55 | 1.41 |
Fees
Bridgeway Managed Volatility Fund has an expense ratio of 0.94 percent.
