Emerald Finance and Banking Innovation Fund - Investor (FFBFX)
| Fund Assets | 40.82M |
| Expense Ratio | 1.82% |
| Min. Investment | $2,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 1.90% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 29.39 |
| YTD Return | -3.51% |
| 1-Year Return | 12.97% |
| 5-Year Return | -34.10% |
| 52-Week Low | 25.10 |
| 52-Week High | 31.94 |
| Beta (5Y) | 1.21 |
| Holdings | 63 |
| Inception Date | Mar 16, 2010 |
About FFBFX
The Emerald Finance and Banking Innovation Fund Investor is a mutual fund specializing in the financial services sector. Its primary objective is long-term capital appreciation, with income as a secondary goal. The fund focuses its investments on the stocks of community banks, insurance companies, and a diverse range of institutions tied to the financial services industry, aiming to capture opportunities arising from innovation and evolving dynamics within the sector. Under normal conditions, the fund invests at least 80% of its assets in companies operating within the finance and banking fields. With a portfolio predominantly composed of small-value stocks, the fund holds a relatively concentrated number of equity positions, emphasizing exposure to financial innovation and community-oriented financial institutions. This approach positions the fund as a niche investment vehicle for those seeking targeted exposure to evolving segments of the U.S. financial services landscape, without reference to its trading venue or market performance.
Performance
FFBFX had a total return of 12.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.70%.
Top 10 Holdings
43.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Northeast Bank | NBN | 4.82% |
| Customers Bancorp, Inc. | CUBI | 4.68% |
| Pathward Financial, Inc. | CASH | 4.66% |
| Metropolitan Bank Holding Corp. | MCB | 4.65% |
| Axos Financial, Inc. | AX | 4.61% |
| Esquire Financial Holdings, Inc. | ESQ | 4.60% |
| LendingClub Corporation | LC | 4.14% |
| The Bancorp, Inc. | TBBK | 4.13% |
| Coastal Financial Corporation | CCB | 3.66% |
| First American Government Obligations Fund | FGXXX | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 10, 2024 | $0.5571 | Jul 11, 2024 |
| Dec 14, 2021 | $5.60389 | Dec 15, 2021 |
| Dec 17, 2018 | $7.71473 | Dec 18, 2018 |
| Dec 18, 2017 | $1.28587 | Dec 19, 2017 |