WP Large Cap Income Plus Fund Institutional Class (WPLCX)
| Fund Assets | 25.54M |
| Expense Ratio | 2.21% |
| Min. Investment | $2,000 |
| Turnover | 3.80% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 19.79 |
| YTD Return | 9.94% |
| 1-Year Return | 28.12% |
| 5-Year Return | 29.31% |
| 52-Week Low | 15.58 |
| 52-Week High | 20.61 |
| Beta (5Y) | 1.16 |
| Holdings | 17 |
| Inception Date | Oct 10, 2013 |
About WPLCX
WP Large Cap Income Plus Fund Institutional Class is an open-end mutual fund focused on achieving total return by investing primarily in large-cap U.S. companies. The fund maintains a policy of allocating at least 80% of its assets to large-cap domestic equity securities and exchange traded funds that hold large-cap stocks. It targets firms with substantial market capitalization typically characterized by lower valuations and higher dividend yields, aligning with a value investing style. The fund is managed by WP Trust and has notable portfolio concentrations in information technology and financial sector leaders, with significant holdings in companies such as Apple Inc., Microsoft Corp., JPMorgan Chase & Co., and Bank of America Corp. This concentrated approach differentiates it from peers, with the top ten holdings representing a substantial majority of its assets. The fund aims to serve investors seeking growth and income potential from established U.S. companies, playing a role within the large value segment of the equity mutual fund market.
Performance
WPLCX had a total return of 28.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.14%.
Top 10 Holdings
95.89% of assets| Name | Symbol | Weight |
|---|---|---|
| ImmunityBio, Inc. | IBRX | 17.10% |
| Apple Inc. | AAPL | 15.90% |
| JPMorgan Chase & Co. | JPM | 13.44% |
| Bank of America Corporation | BAC | 12.18% |
| Microsoft Corporation | MSFT | 11.30% |
| Wells Fargo & Company | WFC | 8.30% |
| Mitsubishi UFJ Financial Group, Inc. | MUFG | 5.61% |
| Exxon Mobil Corporation | XOM | 4.36% |
| UBS Group AG | UBSG | 3.90% |
| Berkshire Hathaway Inc. | BRK.B | 3.80% |