1919 Financial Services Fund Class A (SBFAX)
| Fund Assets | 120.29M |
| Expense Ratio | 1.46% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 3.08 |
| Dividend Yield | 9.62% |
| Dividend Growth | 9.88% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 30.43 |
| YTD Return | 3.86% |
| 1-Year Return | 22.38% |
| 5-Year Return | 100.03% |
| 52-Week Low | 26.08 |
| 52-Week High | 34.39 |
| Beta (5Y) | 0.84 |
| Holdings | 43 |
| Inception Date | Nov 16, 1998 |
About SBFAX
1919 Financial Services Fund Class A is a mutual fund focused on achieving long-term capital appreciation by investing primarily in the equity securities of companies within the financial sector. The fund typically allocates at least 80% of its net assets to common stocks of financial-related firms, including banks, insurance companies, asset managers, payment processors, and other financial services providers. These investments span companies of varying market capitalizations and can include domestic as well as international exposures, with up to 25% of assets potentially allocated to foreign securities. Managed by experienced professionals at 1919 Investment Counsel, LLC, the fund emphasizes bottom-up, fundamental research to identify attractively valued financial companies poised for growth. It seeks to participate in both cyclical and secular trends shaping the financial industry, aiming for diversification and risk management. The fund’s top holdings often include leading names like JPMorgan Chase, Chubb, Visa, and Bank of America, reflecting broad engagement across key financial subsectors. As a specialized equity fund, it plays a role in providing targeted exposure to the performance and evolution of the global financial services landscape within investor portfolios.
Performance
SBFAX had a total return of 22.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFSIX | Fidelity | Fidelity Advisor Financials Fund - Class I | 0.77% |
| FSRBX | Fidelity | Fidelity Select Banking Portfolio | 0.71% |
| FSPCX | Fidelity | Fidelity Select Insurance Portfolio | 0.69% |
| FIKBX | Fidelity | Fidelity Advisor Financials Fund - Class Z | 0.64% |
| FSVLX | Fidelity | Fidelity Select FinTech Portfolio | 0.75% |
Top 10 Holdings
48.87% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 8.53% |
| Chubb Limited | CB | 6.15% |
| Visa Inc. | V | 5.76% |
| Intercontinental Exchange, Inc. | ICE | 4.68% |
| Berkshire Hathaway Inc. | BRK.B | 4.39% |
| Coastal Financial Corporation | CCB | 4.39% |
| Bank of America Corporation | BAC | 4.16% |
| Ameriprise Financial, Inc. | AMP | 3.90% |
| Brown & Brown, Inc. | BRO | 3.79% |
| QCR Holdings, Inc. | QCRH | 3.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $3.07526 | Dec 10, 2024 |
| Dec 8, 2023 | $2.79883 | Dec 8, 2023 |
| Dec 9, 2022 | $0.67583 | Dec 9, 2022 |
| Dec 3, 2021 | $1.61773 | Dec 3, 2021 |
| Dec 4, 2020 | $1.36899 | Dec 4, 2020 |
| Dec 5, 2019 | $1.08655 | Dec 5, 2019 |