Morningstar

Muhlenkamp Fund MUHLX

Medalist Rating as of Aug 31, 2026 See Muhlenkamp Investment Hub

Strategy

The investment seeks to maximize total after-tax return to its shareholders through capital appreciation, and income from dividends and interest, consistent with reasonable risk. The fund principally invests in a diversified list of common stocks of companies of any capitalization, determined by the investment adviser to be highly profitable, yet undervalued. The Adviser looks for companies the advisor believes to have above-average profitability, as measured by corporate return-on-equity, and that sell at below-average prices, as measured by price-to-earnings-ratios.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MUHLX	Muhlenkamp Fund	No Load	Open			Nov 1, 1988	$270.04M	1.240%	High	$1,500	−$25.53M

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