Patient Opportunity Trust Class A (LGOAX)
| Fund Assets | 1.66B |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.05% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 41.01 |
| YTD Return | 8.00% |
| 1-Year Return | 29.97% |
| 5-Year Return | 54.77% |
| 52-Week Low | 29.30 |
| 52-Week High | 42.99 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | Feb 3, 2009 |
About LGOAX
Patient Opportunity Trust - Class A is a mutual fund focused on achieving long-term capital growth through a distinctive, value-oriented investment approach. Managed by an experienced team, the fund seeks out companies that are believed to be cyclically or secularly mispriced, spanning various investment styles, security types, industries, sectors, and market capitalizations. Operating with a high active share, the fund maintains a concentrated portfolio that is notably differentiated from broad market indices such as the S&P 500, offering diversification to investors with core equity holdings. The management team employs a contrarian and opportunistic strategy, aiming to maximize returns over multi-year periods through a flexible investment process. Patient Opportunity Trust – Class A has a history of navigating market cycles and maintains a relatively moderate portfolio turnover, reflecting its long-term perspective. The fund holds a mix of well-known companies as top holdings, with a focus on mid-cap stocks and a value tilt, positioning it as a complement to traditional equity portfolios in the mutual fund landscape.
Performance
LGOAX had a total return of 29.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.79%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
Top 10 Holdings
46.71% of assets| Name | Symbol | Weight |
|---|---|---|
| QXO, Inc. | QXO | 6.22% |
| Amazon.com, Inc. | AMZN | 5.57% |
| Citigroup Inc. | C | 5.04% |
| Alphabet Inc. | GOOGL | 4.83% |
| Meta Platforms, Inc. | META | 4.77% |
| Royalty Pharma plc | RPRX | 4.68% |
| NVIDIA Corporation | NVDA | 4.56% |
| Norwegian Cruise Line Holdings Ltd. | NCLH | 4.10% |
| CVS Health Corporation | CVS | 3.68% |
| Energy Transfer LP | ET | 3.25% |