1919 Financial Services Fund Class C (SFSLX)
| Fund Assets | 120.29M |
| Expense Ratio | 2.19% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 2.86 |
| Dividend Yield | 10.82% |
| Dividend Growth | 9.54% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 26.73 |
| YTD Return | 3.44% |
| 1-Year Return | 21.50% |
| 5-Year Return | 92.87% |
| 52-Week Low | 22.95 |
| 52-Week High | 30.49 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Nov 16, 1998 |
About SFSLX
The 1919 Financial Services Fund Class C is a mutual fund that seeks long-term capital appreciation by investing primarily in companies within the financial sector, both domestically and internationally. Managed by 1919 Investment Counsel, LLC, the fund adopts a flexible approach, targeting financial-related companies of any size, from large multinational banks to smaller niche firms. Its diversified portfolio includes holdings across various segments such as banks, insurance companies, credit-service providers, and financial technology firms, allowing investors to participate in both cyclical and secular growth trends within the financial industry. The fund is distinguished by a significant allocation to its top holdings, emphasizing quality and risk management through fundamental, proprietary research. It serves investors looking to gain focused exposure to the financial sector, leveraging in-depth analysis and active management to navigate market dynamics and capture opportunities among financial services enterprises worldwide.
Performance
SFSLX had a total return of 21.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.00%.
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 | $2.86341 | Dec 10, 2024 |
| Dec 8, 2023 | $2.61412 | Dec 8, 2023 |
| Dec 9, 2022 | $0.43549 | Dec 9, 2022 |
| Dec 3, 2021 | $1.47045 | Dec 3, 2021 |
| Dec 4, 2020 | $1.13691 | Dec 4, 2020 |
| Dec 5, 2019 | $0.91783 | Dec 5, 2019 |