MH Elite Fund of Funds (MHEFX)
| Fund Assets | 28.83M |
| Expense Ratio | 1.84% |
| Min. Investment | $10,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 7.23% |
| Dividend Growth | -12.58% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Jan 9, 2026 |
| Previous Close | 9.61 |
| YTD Return | 0.42% |
| 1-Year Return | 7.93% |
| 5-Year Return | 22.00% |
| 52-Week Low | 8.28 |
| 52-Week High | 9.81 |
| Beta (5Y) | 0.94 |
| Holdings | 16 |
| Inception Date | n/a |
About MHEFX
MH Elite Fund of Funds is a diversified mutual fund designed to achieve long-term capital appreciation by investing primarily in a carefully selected portfolio of 12 to 25 unaffiliated open-end mutual funds. The fund allocates at least 80% of its assets to these underlying funds, which themselves focus on common stocks of U.S.-based mid and large capitalization companies, typically with a market capitalization above $2.5 billion. MH Elite Fund of Funds strategically blends value, blend, and growth-oriented funds, generally maintaining a mix of about 70% large-cap and 30% mid-cap exposure. This multi-manager, multi-style approach aims to balance risk and return across economic cycles, leveraging the expertise and asset allocations of various fund managers. The fund is notable for its disciplined fund selection process, emphasizing performance consistency, management tenure, and cost efficiency by investing in institutional or advisor share classes when possible. By providing broad diversification across equity styles and market segments, MH Elite Fund of Funds serves as a core holding for investors seeking multi-fund diversification within a single product, with a focus on capital growth rather than income generation.
Performance
MHEFX had a total return of 7.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.33%.
Top 10 Holdings
76.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund Investor Shares | NASDX | 10.71% |
| Vanguard Tax-Managed Capital App Adm | VTCLX | 8.24% |
| Putnam Large Cap Value Fund | PEIYX | 8.18% |
| Fidelity Mega Cap Stock Fund | FGRTX | 7.88% |
| BNY Mellon Dynamic Value Fund | DRGVX | 7.67% |
| Putnam Core Equity Fund R6 | PMYTX | 7.36% |
| Federated Hermes MDT All Cap Core R6 | QKACX | 6.64% |
| Fidelity Large Cap Growth Index Fund | FSPGX | 6.62% |
| Fidelity 500 Index Fund | FXAIX | 6.52% |
| Federated Hermes MDT Large Cap Value Fund Institutional Shares | FMSTX | 6.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 9, 2026 | $0.70234 | Jan 9, 2026 |
| Jan 10, 2025 | $0.80343 | Jan 10, 2025 |
| Jan 10, 2024 | $0.45512 | Jan 10, 2024 |
| Jan 11, 2022 | $0.8614 | Jan 11, 2022 |
| Jan 8, 2021 | $0.55529 | Jan 8, 2021 |
| Jan 9, 2020 | $0.29661 | Jan 9, 2020 |