Patient Opportunity R (LMORX)

Fund Assets	1.79B
Expense Ratio	2.01%
Min. Investment	$1,000
Turnover	31.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	45.20
YTD Return	21.97%
1-Year Return	27.25%
5-Year Return	67.70%
52-Week Low	28.92
52-Week High	46.78
Beta (5Y)	n/a
Holdings	38
Inception Date	Dec 28, 2006

About LMORX

Patient Opportunity Trust Class R is a mutual fund structured with a flexible, value-oriented equity approach that emphasizes long-term capital growth. Managed by Patient Capital Management, the fund employs an opportunistic and contrarian investment philosophy, targeting undervalued opportunities across market cycles rather than following broader market trends. The fund is actively managed, maintaining a high active share of over 97%, which means its portfolio holdings significantly diverge from standard benchmarks like the S&P 500, offering diversification for investors seeking alternatives to traditional index exposure. The fund typically invests in a concentrated portfolio, with around 38 holdings, and spans various sectors, focusing primarily on mid-cap value equities. It may also allocate assets to debt securities of any credit quality, including high-yield bonds, to capitalize on a wider set of opportunities. The management team, led by an experienced portfolio manager, seeks to maximize returns by identifying companies and securities with compelling long-term growth prospects. With assets totaling approximately $1.3 billion and a moderate turnover rate, the fund aims to deliver sustained value over time for long-term-oriented investors.

• Fund Family: Patient Capital Management
• Category: Mid-Cap Value
• Stock Exchange: NASDAQ
• Ticker Symbol: LMORX
• Share Class: Class R
• Index: S&P 500 TR

Performance

LMORX had a total return of 27.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.82%.

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% Z	0.57%
FBRNX	Fidelity	Fidelity Advisor Stock Sel I	0.48%
FSSKX	Fidelity	Fidelity Stock Selec-Class K	0.36%
FSJHX	Fidelity	Fidelity Advisor Stock Sel M	0.98%
FEYAX	Fidelity	Fidelity Advisor Asset Manager 85% A	0.94%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MVISX	Class Is	1.42%
LMNOX	Class I	1.48%
LGOAX	Class A	1.74%
LMOFX	Class Fi	1.82%

Top 10 Holdings

47.18% of assets

Name	Symbol	Weight
Alphabet Inc.	GOOGL	5.95%
Citigroup Inc.	C	5.23%
Amazon.com, Inc.	AMZN	4.98%
QXO, Inc.	QXO	4.91%
UnitedHealth Group Incorporated	UNH	4.89%
NVIDIA Corporation	NVDA	4.81%
Norwegian Cruise Line Holdings Ltd.	NCLH	4.31%
Royalty Pharma plc	RPRX	4.27%
Meta Platforms, Inc.	META	4.24%
CVS Health Corporation	CVS	3.59%