13D Activist Fund

U.S. News evaluated 145 Mid-Cap Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 24.66 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 15.2%
1 Year 24.7%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks the investment objective is capital appreciation. The fund invests primarily in common stocks of U.S. companies that are the target of shareholder activism. The adviser defines an activist situation as one where an investor holds more than 5% of a company's shares and either (A) has a history of activist investing and/or (B) has a publicly disclosed catalyst for change such as seeking Board seats, improving operations and/or corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
13D Activist Fund has an expense ratio of 1.50 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

Top 13D Management Funds
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