Leuthold Grizzly Short Fund (GRZZX)
| Fund Assets | 40.16M |
| Expense Ratio | 2.85% |
| Min. Investment | $10,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 10.63% |
| Dividend Growth | 32.19% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 5.11 |
| YTD Return | -8.09% |
| 1-Year Return | -12.05% |
| 5-Year Return | -50.84% |
| 52-Week Low | 5.06 |
| 52-Week High | 6.66 |
| Beta (5Y) | -1.03 |
| Holdings | 114 |
| Inception Date | Jun 19, 2000 |
About GRZZX
The Leuthold Grizzly Short Fund is an actively managed mutual fund focused on an inverse equity trading strategy. Its primary objective is capital appreciation through short selling, which involves borrowing and selling stocks or exchange-traded funds with the intent to profit from price declines. The fund maintains a 100% net short equity exposure, providing investors with a dedicated short-bias option in their portfolios. The fund employs a quantitative, formula-driven approach to select and rank a liquid universe of U.S. equities that appear vulnerable to underperformance or price depreciation, aiming to instill investment discipline and reduce emotional bias in decision-making. Its portfolio is diversified across sectors, with short positions taken primarily in U.S. companies. The minimum investment requirement is relatively high compared to standard funds, reflecting its specialized strategy. Serving as a potential hedge during equity market downturns, the Leuthold Grizzly Short Fund stands out for its role in risk management and market diversification. It is positioned for investors who seek exposure to declining equity markets or wish to offset long-only risks within broader portfolios. However, due to the complexities and risks associated with short selling, the fund is generally more suitable for experienced and active investors.
Performance
GRZZX had a total return of -12.05% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.19%.
Top 10 Holdings
193.91% of assets| Name | Symbol | Weight |
|---|---|---|
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 101.37% |
| US BANK MMDA - USBGFS 9 | n/a | 78.44% |
| United States Treasury Bills 0% | B.0 04.17.25 | 15.92% |
| US DOLLARS | n/a | 0.00% |
| Hillenbrand, Inc. | HI | -0.25% |
| The Chemours Company | CC | -0.28% |
| Valaris Limited | VAL | -0.31% |
| Stepan Company | SCL | -0.32% |
| Adient plc | ADNT | -0.32% |
| Tronox Holdings plc | TROX | -0.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.18528 | Dec 12, 2024 |
| Sep 12, 2024 | $0.20585 | Sep 12, 2024 |
| Mar 14, 2024 | $0.18176 | Mar 14, 2024 |
| Dec 14, 2023 | $0.13287 | Dec 14, 2023 |
| Sep 14, 2023 | $0.09556 | Sep 14, 2023 |
| Jun 15, 2023 | $0.09011 | Jun 15, 2023 |