Muhlenkamp Fund (MUHLX)
| Fund Assets | 282.36M |
| Expense Ratio | 1.24% |
| Min. Investment | $1,500 |
| Turnover | 9.30% |
| Dividend (ttm) | 2.44 |
| Dividend Yield | 3.10% |
| Dividend Growth | -51.86% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 79.70 |
| YTD Return | 7.68% |
| 1-Year Return | 26.18% |
| 5-Year Return | 75.34% |
| 52-Week Low | 60.48 |
| 52-Week High | 84.43 |
| Beta (5Y) | 0.60 |
| Holdings | 25 |
| Inception Date | Nov 1, 1988 |
About MUHLX
The Muhlenkamp Fund is a no-load mutual fund with a multi-cap core strategy, established in 1988 and managed by Muhlenkamp & Company, Inc. Its primary objective is to maximize total after-tax returns for shareholders by seeking both capital appreciation and income from dividends and interest. The fund invests in a diversified portfolio of common stocks across various market capitalizations, selecting companies considered highly profitable and undervalued based on metrics like return-on-equity and price-to-earnings ratios. The fund maintains a relatively concentrated portfolio, typically holding around 25-27 equity positions, and may allocate a significant portion to cash or equivalents for flexibility and risk management. It is open to individual and institutional investors, with a minimum initial investment of $1,500 and no sales charges. The Muhlenkamp Fund serves as a core equity holding for investors seeking exposure to value-oriented, fundamentally researched stocks and is managed with a disciplined, patient approach that considers both domestic and select foreign opportunities, making it a notable presence among actively managed U.S. equity funds.
Performance
MUHLX had a total return of 26.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FZAPX | Fidelity | Fidelity Advisor Stock Selector All Cap Fund - Class Z | 0.51% |
| FMAMX | Fidelity | Fidelity Advisor Stock Selector All Cap Fund - Class A | 0.89% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector All Cap Fund - Class I | 0.63% |
| FDSSX | Fidelity | Fidelity Stock Selector All Cap Fund | 0.60% |
| FEYIX | Fidelity | Fidelity Advisor Asset Manager 85% - Class I | 0.73% |
Top 10 Holdings
58.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 8.10% |
| Agnico Eagle Mines Limited | AEM | 6.23% |
| EQT Corporation | EQT | 6.20% |
| Rush Enterprises, Inc. | RUSHA | 6.08% |
| MasTec, Inc. | MTZ | 5.66% |
| First American Government Obligations Fund | FGXXX | 5.57% |
| Royal Gold, Inc. | RGLD | 5.50% |
| McKesson Corporation | MCK | 5.39% |
| Berkshire Hathaway Inc. | BRK.B | 5.09% |
| NMI Holdings, Inc. | NMIH | 4.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2025 | $2.4356 | Dec 26, 2025 |
| Dec 27, 2024 | $5.05918 | Dec 27, 2024 |
| Dec 28, 2023 | $0.55327 | Dec 28, 2023 |
| Dec 30, 2022 | $3.74928 | Dec 30, 2022 |
| Dec 30, 2021 | $4.44271 | Dec 30, 2021 |
| Dec 30, 2020 | $4.91247 | Dec 30, 2020 |