Ariel Fund Institutional Class (ARAIX)
| Fund Assets | 2.79B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 4.21 |
| Dividend Yield | 6.27% |
| Dividend Growth | 14.36% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 68.58 |
| YTD Return | -5.26% |
| 1-Year Return | 4.13% |
| 5-Year Return | 69.94% |
| 52-Week Low | 57.30 |
| 52-Week High | 84.08 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Dec 30, 2011 |
About ARAIX
ARAIX was founded on 2011-12-30 and is currently managed by Rogers Jr,Miller,Kuhrt. The Fund's investment strategy focuses on Growth with 0.72% total expense ratio. The minimum amount to invest in Ariel Investment Trust: Ariel Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Ariel Investment Trust: Ariel Fund; Institutional Class Shares seeks long-term appreciation by investing primarily in equity securities of issuers which are undervalued, but demonstrate potential for growth. ARAIX invests principally in companies with market capitalizations between $1 billion and $5 billion.
Performance
ARAIX had a total return of 4.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.35%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ARGFX | Investor Class | 1.00% |
Top 10 Holdings
39.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Adtalem Global Education Inc COM USD0.01 | ATGE.US | 4.54% |
| The J M Smucker Company COM NPV | SJM.US | 4.35% |
| Madison Square Garden Entertainment Corp New COM CL A | MSGE.US | 4.26% |
| Boyd Gaming Corporation COM USD0.01 | BYD.US | 3.98% |
| Paramount Global CLASS B COM | PARA.US | 3.97% |
| Carlyle Group Inc COM | CG.US | 3.94% |
| Northern Trust Corporation COM USD1.666 | NTRS.US | 3.80% |
| Mattel, Inc. COM USD1.00 | MAT.US | 3.78% |
| Prestige Consumer Healthcare Inc COM USD0.01 | PBH.US | 3.69% |
| Mohawk Industries, Inc. COM USD0.01 | MHK.US | 3.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $4.21254 | Dec 18, 2024 |
| Dec 19, 2023 | $0.4918 | Dec 19, 2023 |
| Nov 21, 2023 | $3.19191 | Nov 21, 2023 |
| Dec 20, 2022 | $0.49717 | Dec 20, 2022 |
| Nov 22, 2022 | $5.34483 | Nov 22, 2022 |
| Dec 21, 2021 | $0.29698 | Dec 21, 2021 |