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Morningstar

Applied Finance Dividend Institutional AFAZX

Morningstar Medalist Rating
Medalist Rating as of | See Applied Finance Investment Hub
  • NAV / 1-Day Return 11.57  /  +1.05 %
  • Total Assets 27.7 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 2.66%
  • Turnover 7%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:08 PM GMT+0

Morningstar’s Analysis AFAZX

Will AFAZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AFAZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFAZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AFAZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Applied Finance Dividend Institutional's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AFAZX

More AFAZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Marathon Petroleum Corp

3.79 1.0 Mil
Energy

Eli Lilly and Co

3.52 962,315
Healthcare

Eaton Corp PLC

3.23 883,490
Industrials

RTX Corp

3.12 852,159
Industrials

Verizon Communications Inc

3.11 850,417
Communication Services

Target Corp

3.05 834,037
Consumer Defensive

Chevron Corp

2.94 802,480
Energy

Public Service Enterprise Group Inc

2.94 802,364
Utilities

JPMorgan Chase & Co

2.92 798,981
Financial Services

Ameriprise Financial Inc

2.92 797,225
Financial Services