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Morningstar

LS Opportunity Fund Institutional Class LSOFX

Morningstar Medalist Rating
Medalist Rating as of | See Long Short Investment Hub
  • NAV / 1-Day Return 16.53  /  0.24 %
  • Total Assets 157.3 Mil
  • Adj. Expense Ratio
    1.970%
  • Expense Ratio 3.000%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Mid Blend
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield —
  • Turnover 75%

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

Morningstar’s Analysis LSOFX

Will LSOFX 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 LSOFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LSOFX 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 LSOFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin LS Opportunity Fund Institutional Class'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 LSOFX

More LSOFX Holdings
  • Current Portfolio Date
  • Equity Holdings 101
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings 17.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

31.79
48,259,464
Cash and Equivalents

Invesco Shrt-Trm Inv Treasury Instl

4.15
6,305,335
Cash and Equivalents

Progressive Corp

3.27
4,960,864
Financial Services

Arthur J. Gallagher & Co

3.15
4,784,215
Financial Services

Berkshire Hathaway Inc Class B

3.14
4,773,500
Financial Services

Globe Life Inc

3.01
4,567,712
Financial Services

Pioneer Natural Resources Co

2.82
4,280,968
Energy

Leidos Holdings Inc

2.63
3,996,320
Technology

Brown & Brown Inc

2.59
3,924,451
Financial Services

Eaton Corp PLC

2.54
3,856,730
Industrials