Cromwell Long Short Fund Class Institutional (MFLDX)
| Fund Assets | 87.39M |
| Expense Ratio | 1.91% |
| Min. Investment | $25,000 |
| Turnover | 108.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 1.10% |
| Dividend Growth | -46.75% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 24.90 |
| YTD Return | 9.03% |
| 1-Year Return | 11.20% |
| 5-Year Return | n/a |
| 52-Week Low | 20.75 |
| 52-Week High | 25.11 |
| Beta (5Y) | n/a |
| Holdings | 141 |
| Inception Date | Jul 31, 2007 |
About MFLDX
The Cromwell Long Short Fund Institutional Class is an actively managed mutual fund designed to pursue long-term capital appreciation while aiming to reduce volatility compared to the overall equity market. This fund employs a long/short equity strategy, primarily investing in large- and mid-capitalization U.S. companies. The management team utilizes a disciplined blend of fundamental and quantitative research to identify undervalued or high-growth potential stocks for long positions, while taking short positions in companies viewed as overvalued or facing specific market risks. Typically, the fund maintains about 80–100% of its net assets in long positions and 10–30% in short positions, allowing for dynamic risk management and diversification across sectors such as technology, financial services, and consumer goods. The fund’s structure is intended to provide investors with exposure to equity markets while also seeking to limit downside risk, making it relevant for those looking for alternative approaches within their equity allocation. The Cromwell Long Short Fund Institutional Class leverages the expertise of an experienced investment team with a long-term, systematic approach to equity market opportunities.
Performance
MFLDX had a total return of 11.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.89%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MFADX | Investor Class | 2.16% |
Top 10 Holdings
34.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.08% |
| NVIDIA Corporation | NVDA | 4.98% |
| Apple Inc. | AAPL | 4.27% |
| Alphabet Inc. | GOOGL | 4.02% |
| Amazon.com, Inc. | AMZN | 3.89% |
| Visa Inc. | V | 3.08% |
| JPMorgan Chase & Co. | JPM | 2.74% |
| Mastercard Incorporated | MA | 2.16% |
| Philip Morris International Inc. | PM | 1.78% |
| Johnson & Johnson | JNJ | 1.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.27626 | Dec 27, 2024 |
| Dec 27, 2023 | $0.51875 | Dec 27, 2023 |
| Dec 28, 2022 | $0.1521 | Dec 28, 2022 |