Bruce (BRUFX)
| Fund Assets | 335.48M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 25.04 |
| Dividend Yield | 4.66% |
| Dividend Growth | -22.83% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 537.93 |
| YTD Return | 7.69% |
| 1-Year Return | 5.91% |
| 5-Year Return | 32.48% |
| 52-Week Low | 473.53 |
| 52-Week High | 550.20 |
| Beta (5Y) | 0.50 |
| Holdings | 43 |
| Inception Date | Mar 20, 1968 |
About BRUFX
Bruce Fund, Inc. is an open-end mutual fund categorized as a moderately aggressive allocation fund. Its primary objective is long-term capital appreciation, achieved mainly through investments in domestic common stocks and bonds, including convertible and zero coupon government bonds. The fund also selectively invests in micro-cap, small-cap, and sometimes distressed securities, employing a flexible approach across market capitalizations and sectors. Managed since 1983 by a highly experienced team, Bruce Fund is noted for a concentrated portfolio, with its top ten holdings accounting for a substantial portion of assets. While the allocation is predominantly U.S.-focused, it occasionally includes foreign securities via ADRs or GDRs, and may hold significant cash positions during transitional periods. Bruce Fund’s strategy involves a blend of growth and value investments, with an additional willingness to invest in lower-rated and defaulted bonds when they offer appealing yield-to-maturity characteristics. Recognized for its cost efficiency relative to peers and above-average yield, Bruce Fund plays a distinctive role in the balanced fund space by combining equity-like return goals with selective fixed income and alternative opportunistic investments.
Performance
BRUFX had a total return of 5.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.17%.
Top 10 Holdings
63.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley Instl Lqudty Govt Instl | MVRXX | 13.68% |
| The Allstate Corporation | ALL | 6.48% |
| AerCap Holdings N.V. | AER | 6.16% |
| U-Haul Holding Company | UHAL.B | 6.12% |
| Duke Energy Corporation | DUK | 5.87% |
| NextEra Energy, Inc. | NEE | 5.48% |
| AbbVie Inc. | ABBV | 5.43% |
| Abbott Laboratories | ABT | 5.17% |
| AT&T Inc. | T | 5.08% |
| Merck & Co., Inc. | MRK | 4.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $25.0411 | Dec 18, 2024 |
| Dec 18, 2023 | $32.4478 | Dec 18, 2023 |
| Dec 19, 2022 | $71.7431 | Dec 20, 2022 |
| Dec 17, 2021 | $104.4484 | Dec 20, 2021 |
| Dec 17, 2020 | $13.58264 | Dec 17, 2020 |
| Dec 17, 2019 | $12.01601 | Dec 17, 2019 |