Frank Value Instl (FNKIX)
| Fund Assets | 25.62M |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000,000 |
| Turnover | 100.08% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 4.29% |
| Dividend Growth | -41.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 18.30 |
| YTD Return | 11.65% |
| 1-Year Return | 28.63% |
| 5-Year Return | 78.00% |
| 52-Week Low | 14.29 |
| 52-Week High | 884.00 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Nov 3, 2010 |
About FNKIX
Frank Value Fund Institutional Class is an actively managed mutual fund focused on value investing within the U.S. equity market. The fund seeks long-term capital appreciation by identifying and investing in common stocks of companies deemed undervalued relative to their intrinsic worth. It employs a disciplined approach, emphasizing companies with strong financial positions, limited debt, robust management, and sound business models. The portfolio typically holds a concentrated selection of 20 to 30 small- and mid-cap U.S.-listed value equities, allowing for high conviction in its investments and freedom from index constraints. The fund’s strategy includes flexibility in sector allocation and the pursuit of special situations, such as spin-offs, aiming to capitalize on mispriced opportunities. Benchmark-agnostic in its construction, Frank Value Fund Institutional Class differentiates itself through patient, research-intensive security selection and a priority on minimizing downside risk. Launched in 2004 and managed by Frank Capital Partners LLC, the fund plays a specialized role in offering exposure to quality value stocks often overlooked by broader market indices.
Performance
FNKIX had a total return of 28.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.03%.
Top 10 Holdings
57.75% of assets| Name | Symbol | Weight |
|---|---|---|
| NRG Energy, Inc. | NRG | 8.58% |
| Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio | MISXX | 7.28% |
| Nintendo Co., Ltd. | NTDOY | 5.93% |
| Expedia Group, Inc. - Expedia, Inc. | n/a | 5.63% |
| Nexstar Media Group, Inc. | NXST | 5.44% |
| Molson Coors Beverage Company | TAP | 5.23% |
| United Natural Foods, Inc. | UNFI | 5.18% |
| Civeo Corp. | CVEO1EUR | 5.11% |
| Easterly Government Properties, Inc. | DEA | 4.73% |
| PayPal Holdings, Inc. | PYPL | 4.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.78437 | Dec 20, 2024 |
| Dec 21, 2023 | $1.33971 | Dec 21, 2023 |
| Dec 21, 2022 | $1.12226 | Dec 21, 2022 |
| Dec 21, 2021 | $0.72032 | Dec 21, 2021 |
| Dec 21, 2020 | $0.00035 | Dec 21, 2020 |
| Dec 20, 2019 | $0.07273 | Dec 20, 2019 |