13D Activist Fund Class I (DDDIX)
| Fund Assets | 99.74M |
| Expense Ratio | 1.51% |
| Min. Investment | $1,000,000 |
| Turnover | 88.00% |
| Dividend (ttm) | 0.96 |
| Dividend Yield | 4.58% |
| Dividend Growth | -11.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 4, 2025 |
| Previous Close | 20.86 |
| YTD Return | 0.91% |
| 1-Year Return | -0.08% |
| 5-Year Return | 3.65% |
| 52-Week Low | 15.98 |
| 52-Week High | 22.26 |
| Beta (5Y) | 0.97 |
| Holdings | 21 |
| Inception Date | Dec 28, 2011 |
About DDDIX
The 13D Activist Fund is a unique, event-driven mutual fund that invests primarily in the common stocks of U.S. companies targeted by shareholder activism. Its strategy centers on identifying and investing in 20 to 40 situations where prominent activist investors have filed Schedule 13D disclosures, indicating their intention to influence a company's management or strategic direction. By focusing on companies with a market capitalization above $1 billion and leveraging the expertise of leading activist investors, the fund seeks to capitalize on the potential value creation that can arise from catalysts like board changes, operational improvements, or corporate restructurings. The fund employs a rigorous selection process, analyzing the activist's track record, the nature of the proposed activism, and the sector, to assess the likelihood of successful outcomes. It offers investors diversified exposure to multiple activist campaigns, rather than relying on a single manager or style. The 13D Activist Fund provides a distinct opportunity to participate in a niche segment of the market associated with shareholder engagement and corporate change initiatives, aiming for long-term growth and uncorrelated returns relative to the broader equity market.
Performance
DDDIX had a total return of -0.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.66%.
Top 10 Holdings
61.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Mercury Systems, Inc. | MRCY | 9.83% |
| Qorvo, Inc. | QRVO | 7.49% |
| Viasat, Inc. | VSAT | 7.25% |
| Autoliv, Inc. | ALV | 6.39% |
| Pearson plc | PSO | 6.01% |
| Twilio Inc. | TWLO | 5.63% |
| Asbury Automotive Group, Inc. | ABG | 4.83% |
| Southwest Gas Holdings, Inc. | SWX | 4.63% |
| Exelixis, Inc. | EXEL | 4.60% |
| Janus Henderson Group plc | JHG | 4.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 4, 2025 | $0.9626 | Dec 5, 2025 |
| Dec 6, 2024 | $1.092 | Dec 9, 2024 |
| Dec 6, 2023 | $0.8487 | Dec 7, 2023 |
| Dec 7, 2022 | $1.926 | Dec 8, 2022 |
| Dec 8, 2021 | $2.5262 | Dec 8, 2021 |
| Dec 9, 2020 | $1.7327 | Dec 9, 2020 |