Ariel Appreciation Fund Institutional Class (CAAIX)
| Fund Assets | 1.11B |
| Expense Ratio | 0.83% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 2.52 |
| Dividend Yield | 6.95% |
| Dividend Growth | -2.98% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 36.28 |
| YTD Return | -8.15% |
| 1-Year Return | 3.64% |
| 5-Year Return | 43.65% |
| 52-Week Low | 31.21 |
| 52-Week High | 45.55 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Dec 30, 2011 |
About CAAIX
CAAIX was founded on 2011-12-30 and is currently managed by Rogers Jr,Fidler. The Fund's investment strategy focuses on Mid-Cap with 0.84% total expense ratio. The minimum amount to invest in Ariel Investment Trust: Ariel Appreciation Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Ariel Investment Trust: Ariel Appreciation Fund; Institutional Class Shares seeks long-term growth by investing in equities of issues which are undervalued, but demonstrate potential for growth. CAAIX invests primarily in common stocks of U.S. companies and the Fund generally will have a weighted average market capitalization between $2 billion and $15 billion.
Performance
CAAIX had a total return of 3.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.99%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| CAAPX | Investor Class | 1.14% |
Top 10 Holdings
32.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Mattel, Inc. COM USD1.00 | MAT.US | 4.00% |
| Northern Trust Corporation COM USD1.666 | NTRS.US | 3.89% |
| The Interpublic Group of Companies, Inc. COM USD0.10 | IPG.US | 3.39% |
| Generac Holdings Inc. COM USD0.01 | GNRC.US | 3.28% |
| The Charles Schwab Corporation COM USD0.01 | SCHW.US | 3.09% |
| Carmax Inc COM USD0.50 | KMX.US | 3.02% |
| First American Financial Corporation COM USD0.00001 | FAF.US | 2.99% |
| Carlyle Group Inc COM | CG.US | 2.86% |
| Middleby Corp. COM USD0.01 | MIDD.US | 2.84% |
| Jones Lang LaSalle Incorporated COM USD0.01 | JLL.US | 2.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $2.52402 | Dec 18, 2024 |
| Dec 19, 2023 | $0.44866 | Dec 19, 2023 |
| Nov 21, 2023 | $2.15298 | Nov 21, 2023 |
| Dec 20, 2022 | $0.3752 | Dec 20, 2022 |
| Nov 22, 2022 | $3.72882 | Nov 22, 2022 |
| Dec 21, 2021 | $6.91827 | Dec 21, 2021 |