About LMCLX
Miller Income Fund Class I is an actively managed mutual fund that focuses on generating a high level of income while maintaining the potential for capital growth. The fund primarily pursues high-yielding income securities, targeting companies whose shares are trading below their assessed intrinsic value. Employing a flexible investment approach, it allocates assets across various sectors, including consumer cyclical, communication services, financial services, real estate, healthcare, and corporate bonds. Notable holdings often represent a significant portion of the portfolio, with the top ten investments typically accounting for over half of assets, reflecting a concentrated strategy. Classified within the moderately aggressive allocation category, Miller Income Fund Class I seeks to balance income generation with long-term capital appreciation, making it relevant for investors seeking diversified exposure to undervalued yield opportunities across multiple asset classes. The fund is institutional in nature and is noted for its actively managed style, sector flexibility, and focus on income-driven strategies within the broader financial market landscape.
Fund Family Miller Value Funds
Category Allocation--70% to 85% Equity
Stock Exchange NASDAQ
Ticker Symbol LMCLX
Share Class Class I
Index ICE BofA US High Yield TR USD
LMCLX had a total return of 2.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.39%.
