PFPFX – Poplar Forest Partners A Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund seeks to deliver superior, risk-adjusted returns over full market cycles, by investing primarily in the common stocks of underappreciated companies and industries. It generally focuses on 25 to 35 companies with (i) an investment grade debt rating, (ii) a history of paying common stock dividends, and (iii) a market capitalization among the top 1,000 companies in the United States.

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
PFPFX	Poplar Forest Partners Fund Class A	No Load	Open			Dec 31, 2009	$51.38M	1.210%	Above Average	$25,000	$21.60M
IPFPX	Poplar Forest Partners Fund Institutional Class	Institutional	Open			Dec 31, 2009	$325.51M	0.960%	Above Average	$100,000	−$30.58M

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