Muhlenkamp Fund (MUHLX)
| Fund Assets | 273.47M |
| Expense Ratio | 1.24% |
| Min. Investment | $1,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 2.44 |
| Dividend Yield | 3.03% |
| Dividend Growth | -51.86% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 80.36 |
| YTD Return | 9.89% |
| 1-Year Return | 20.61% |
| 5-Year Return | 68.19% |
| 52-Week Low | 67.66 |
| 52-Week High | 84.43 |
| Beta (5Y) | 0.59 |
| 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 20.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.07%.
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% - Class Z | 0.56% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.54% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.42% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 1.04% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.92% |
Top 10 Holdings
55.53% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund Class X | FGXXX | 7.57% |
| EQT Corporation | EQT | 6.84% |
| Agnico Eagle Mines Limited | AEM | 6.16% |
| Newmont Corporation | NEM | 6.03% |
| Rush Enterprises, Inc. | RUSHA | 5.90% |
| Royal Gold, Inc. | RGLD | 5.85% |
| McKesson Corporation | MCK | 5.28% |
| Berkshire Hathaway Inc | BRKB | 4.51% |
| SLB N.V. | SLB | 3.89% |
| Westinghouse Air Brake Technologies Corporation | WAB | 3.49% |
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 |