Scharf ETF (LOGIX)
| Fund Assets | 413.14M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000,000 |
| Turnover | 32.94% |
| Dividend (ttm) | 2.77 |
| Dividend Yield | 5.04% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 54.36 |
| YTD Return | 6.09% |
| 1-Year Return | 4.74% |
| 5-Year Return | 62.93% |
| 52-Week Low | 48.47 |
| 52-Week High | 55.32 |
| Beta (5Y) | 0.75 |
| Holdings | 32 |
| Inception Date | Dec 30, 2011 |
About LOGIX
Scharf Fund Institutional Class is an actively managed mutual fund designed primarily for institutional investors seeking long-term capital appreciation. Its investment philosophy centers on identifying equity securities that present a compelling balance of significantly higher appreciation potential relative to downside risk over the long term. The fund employs a flexible approach, investing in companies of all market capitalizations, both within the United States and globally, including emerging markets—allocating up to 50% of assets to foreign issuers and up to 25% in emerging markets. Key features of this fund include its focus on value-oriented stocks with strong fundamentals, such as consistent earnings growth, solid cash flows, and robust balance sheets. The portfolio typically holds about 30 positions, reflecting high conviction in selected companies and resulting in a concentrated structure—over half of the assets reside in its top 10 holdings, which span sectors like healthcare, technology, financial services, and consumer defensive. The management process emphasizes rigorous valuation metrics, margin of safety, and patience, aiming to outperform in up markets while preserving capital during downturns. This class requires a substantial minimum investment, catering to larger institutions, and charges a competitive expense ratio for its category.
Performance
LOGIX had a total return of 4.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LOGRX | Retail Class | 1.14% |
Top 10 Holdings
51.17% of assets| Name | Symbol | Weight |
|---|---|---|
| McKesson Corporation | MCK | 6.98% |
| Microsoft Corporation | MSFT | 5.87% |
| Berkshire Hathaway Inc | BRKB | 5.73% |
| Fiserv, Inc. | FI | 5.08% |
| Oracle Corporation | ORCL | 4.90% |
| Occidental Petroleum Corporation | OXY | 4.82% |
| Brookfield Corporation | BN | 4.74% |
| Markel Group Inc. | MKL | 4.55% |
| Visa Inc. | V | 4.27% |
| Novartis AG | NVS | 4.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 18, 2025 | $0.21455 | Aug 18, 2025 |
| Dec 17, 2024 | $2.55501 | Dec 17, 2024 |
| Dec 12, 2023 | $4.47318 | Dec 12, 2023 |
| Dec 14, 2022 | $2.47707 | Dec 14, 2022 |
| Dec 14, 2021 | $5.40744 | Dec 14, 2021 |
| Dec 8, 2020 | $1.76678 | Dec 8, 2020 |