USA Mutuals Vice Fund Class C Shares (VICCX)
| Fund Assets | 53.76M |
| Expense Ratio | 2.48% |
| Min. Investment | $2,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 2.65% |
| Dividend Growth | -70.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 21.75 |
| YTD Return | 14.50% |
| 1-Year Return | 17.43% |
| 5-Year Return | 29.33% |
| 52-Week Low | 18.54 |
| 52-Week High | 21.93 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Dec 8, 2011 |
About VICCX
USA Mutuals Vice Fund Class C Shares is a mutual fund designed to seek long-term capital growth through investments concentrated in companies operating within so-called "vice" industries. These industries include alcoholic beverages, defense and aerospace, gaming, and tobacco, sectors known for significant barriers to entry and consistent consumer demand. The fund typically allocates at least 80% of its net assets to equities from firms that derive a substantial portion of their revenues from these sectors, including both domestic and international issuers. The fund may also invest in common and preferred stocks as well as securities convertible to common shares, covering a range of company sizes from small to large capitalization. By focusing on these select industries, the fund aims to capitalize on their historically resilient business models and regulatory hurdles that can limit competition. The Vice Fund’s targeted approach provides exposure to areas of the market that may not be well-represented in traditional diversified portfolios, offering a unique portfolio diversification strategy within the broader equity market landscape.
Performance
VICCX had a total return of 17.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.71%.
Top 10 Holdings
57.44% of assets| Name | Symbol | Weight |
|---|---|---|
| BAE Systems plc | BA | 9.74% |
| Northrop Grumman Corporation | NOC | 7.91% |
| Philip Morris International Inc. | PM | 7.20% |
| RTX Corporation | RTX | 6.51% |
| Diageo plc | DGED | 4.96% |
| Heineken N.V. | HEIA | 4.72% |
| Alibaba Group Holding Limited | BABA | 4.34% |
| British American Tobacco PLC - BRIT AMER TO-ADR | n/a | 4.23% |
| Anheuser-Busch Inbev SA/NV - ANHEUSER-SPN ADR | n/a | 4.16% |
| Carlsberg A/S | CARL.B | 3.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $0.5814 | Dec 10, 2024 |
| Dec 7, 2023 | $1.9398 | Dec 8, 2023 |
| Dec 8, 2022 | $1.8057 | Dec 9, 2022 |
| Dec 9, 2021 | $3.9342 | Dec 9, 2021 |