Ariel Focus Fund Institutional Class (AFOYX)
| Fund Assets | 66.17M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 2.55% |
| Dividend Growth | -22.47% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 15.61 |
| YTD Return | -3.08% |
| 1-Year Return | 6.04% |
| 5-Year Return | 51.82% |
| 52-Week Low | 13.58 |
| 52-Week High | 18.12 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Dec 30, 2011 |
About AFOYX
AFOYX was founded on 2011-12-30. The Fund's investment strategy focuses on Growth with 0.75% total expense ratio. The minimum amount to invest in Ariel Investment Trust: Ariel Focus Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Ariel Investment Trust: Ariel Focus Fund; Institutional Class Shares seeks long-term capital appreciation by investing in undervalued companies that show strong potential for growth. AFOYX invests primarily in the stocks of companies with market capitalizations generally in excess of $10 billion at the time of initial purchase.
Performance
AFOYX had a total return of 6.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRVIX | Vanguard | Vanguard Russell 1000 Value Index Fund Institutional Shares | 0.07% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ARFFX | Investor Class | 1.00% |
Top 10 Holdings
50.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Snap-On Incorporated COM USD1 | SNA.US | 6.30% |
| The J M Smucker Company COM NPV | SJM.US | 6.26% |
| BOK Financial Corp COM USD0.00006 | BOKF.US | 6.03% |
| Mohawk Industries, Inc. COM USD0.01 | MHK.US | 5.27% |
| Chevron Corp. COM USD0.75 | CVX.US | 4.76% |
| Bank of America Corp. COM USD0.01 | BAC.US | 4.62% |
| Resideo Technologies Inc COM USD0.001 | REZI.US | 4.56% |
| Lockheed Martin Corporation COM USD1.00 | LMT.US | 4.44% |
| Phinia Inc. COMMON STOCK | PHIN.US | 4.42% |
| Affiliated Managers Group, Inc. COM USD0.01 | AMG.US | 4.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.39876 | Dec 18, 2024 |
| Dec 19, 2023 | $0.25072 | Dec 19, 2023 |
| Nov 21, 2023 | $0.26358 | Nov 21, 2023 |
| Dec 20, 2022 | $0.1952 | Dec 20, 2022 |
| Nov 22, 2022 | $1.01082 | Nov 22, 2022 |
| Dec 21, 2021 | $0.58896 | Dec 21, 2021 |