CRM Long/Short Opportunities Fund Institutional Shares (CRIHX)
| Fund Assets | 414.46M |
| Expense Ratio | 2.27% |
| Min. Investment | $10,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 1.05 |
| Dividend Yield | 8.19% |
| Dividend Growth | 281.16% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 13.50 |
| YTD Return | 6.86% |
| 1-Year Return | 7.45% |
| 5-Year Return | 31.27% |
| 52-Week Low | 11.24 |
| 52-Week High | 13.67 |
| Beta (5Y) | 0.44 |
| Holdings | 92 |
| Inception Date | n/a |
About CRIHX
CRM Long/Short Opportunities Fund Institutional Shares is an open-end mutual fund that specializes in a long-short equity strategy, managed by Cramer Rosenthal McGlynn, LLC. The fund's primary objective is long-term capital appreciation, achieved by investing at least 80% of its assets in both long and short positions in equity and equity-related securities of U.S. and non-U.S. companies. It targets firms with market capitalizations within the S&P 500 Index range, spanning multiple sectors and regions. Utilizing fundamental analysis and proprietary research, the fund takes long positions in undervalued securities and short positions in those it deems overvalued or poised for underperformance. This approach aims to reduce broad market risk and capitalize on stock-specific opportunities. The fund has a significant allocation to mid- and large-cap value stocks, and includes investments in socially conscious companies that promote environmental responsibility. With a relatively high turnover rate, the fund is active in repositioning its portfolio based on evolving market conditions. CRM Long/Short Opportunities Fund Institutional Shares plays a role in providing portfolio diversification and alternative equity exposure for institutional investors seeking risk-adjusted returns beyond traditional long-only funds.
Performance
CRIHX had a total return of 7.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.51%.
Top 10 Holdings
41.55% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - T-Fund | TSTXX | 6.64% |
| Federated Treasury Obligations Fund | TOIXX | 6.64% |
| Victoria's Secret & Co. | VSCO | 4.39% |
| BankUnited, Inc. | BKU | 4.38% |
| First American Financial Corporation | FAF | 3.51% |
| Champion Homes, Inc. | SKY | 3.47% |
| ZoomInfo Technologies Inc. | GTM | 3.22% |
| Hayward Holdings, Inc. | HAYW | 3.20% |
| Bio-Techne Corporation | TECH | 3.12% |
| Evergy, Inc. | EVRG | 2.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $1.0459 | Dec 6, 2024 |
| Dec 7, 2023 | $0.2744 | Dec 8, 2023 |
| Dec 8, 2022 | $0.1767 | Dec 9, 2022 |
| Dec 9, 2021 | $0.0902 | Dec 10, 2021 |
| Dec 10, 2020 | $0.5811 | Dec 11, 2020 |
| Jan 7, 2020 | $0.43574 | Jan 7, 2020 |