Patient Opportunity FI (LMOFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
48.67
+0.25 (0.52%)
Sep 12, 2025, 4:00 PM EDT
0.52%
Fund Assets1.78B
Expense Ratio1.82%
Min. Investment$1,000
Turnover31.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close48.42
YTD Return23.47%
1-Year Return41.20%
5-Year Return73.55%
52-Week Low30.31
52-Week High48.89
Beta (5Y)n/a
Holdings41
Inception DateFeb 13, 2004

About LMOFX

Patient Opportunity Trust Class FI is an actively managed mutual fund focused on long-term capital growth through a value-oriented, contrarian investment approach. Managed by Patient Capital Management, the fund seeks to identify and invest in 30 to 50 companies that are believed to be significantly undervalued across various industries, sectors, and market capitalizations. Its strategy emphasizes flexibility, allowing investment in both domestic and select foreign equities, with approximately 87% of assets allocated to U.S. stocks and around 10% in foreign holdings. The fund distinguishes itself with a high active share—typically above 95%—making it a potential diversifier in a broad equity portfolio and offering differentiation from the S&P 500 benchmark. Led by an experienced management team, including Samantha McLemore, CFA, the fund’s concentrated portfolio and willingness to depart from mainstream investment trends can result in above-average volatility, but also offers the potential for significant long-term outperformance through market cycles. Since its inception in 2004, Patient Opportunity Trust Class FI has aimed to deliver disciplined, opportunistic value investing for investors seeking an alternative to conventional equity funds.

Fund Family Patient Capital Management
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol LMOFX
Share Class Class Fi
Index S&P 500 TR

Performance

LMOFX had a total return of 41.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.65%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIQCXFidelityFidelity Advisor Asset Manager 85% Z0.57%
FBRNXFidelityFidelity Advisor Stock Sel I0.48%
FSSKXFidelityFidelity Stock Selec-Class K0.36%
FSJHXFidelityFidelity Advisor Stock Sel M0.98%
FEYAXFidelityFidelity Advisor Asset Manager 85% A0.94%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MVISXClass Is1.42%
LMNOXClass I1.48%
LGOAXClass A1.74%
LMORXClass R2.01%

Top 10 Holdings

51.05% of assets
NameSymbolWeight
QXO, Inc.QXO6.80%
Amazon.com, Inc.AMZN6.09%
Citigroup Inc.C5.51%
Alphabet Inc.GOOGL5.28%
Meta Platforms, Inc.META5.22%
Royalty Pharma plcRPRX5.12%
NVIDIA CorporationNVDA4.99%
Norwegian Cruise Line Holdings Ltd.NCLH4.48%
CVS Health CorporationCVS4.03%
Energy Transfer LPET3.55%
View More Holdings