MOATX::Investor Shares
CASTX::Class C Shares
Sector Weightings (%)1
As of 9/30/19
| Sector | Fund | S&P 500 |
|---|---|---|
| Cash & Cash Equivalents2 | 29.75 | 0.00 |
| Financials | 19.41 | 12.90 |
| Materials | 11.58 | 2.70 |
| Consumer Discretionary | 8.73 | 10.10 |
| Health Care | 7.63 | 13.70 |
| Consumer Staples | 7.35 | 7.60 |
| Energy | 7.53 | 4.50 |
| Utilities | 4.20 | 3.60 |
| Real Estate | 3.00 | 3.20 |
| Industrials | 0.82 | 9.30 |
| Information Technology | 0 | 21.90 |
| Communication Services | 0 | 10.40 |
Top Ten Holdings (%)1
As of 9/30/19
| Cash & Cash Equivalents2 | 29.75 |
| Berkshire Hathaway Inc. – Class B | 6.92 |
| Enbridge Inc. (Canada) | 6.05 |
| Sanofi SA ADR (France) | 5.27 |
| Loews Corporation | 5.13 |
| Brookfield Asset Management Inc. – Class A (Canada) | 5.05 |
| Dominion Energy, Inc. | 4.20 |
| CVS Health Corp. | 4.06 |
| Royal Gold, Inc. | 3.83 |
| Liberty Global plc – Class C (United Kingdom) | 3.50 |
Fund Data
As of 9/30/19
| Total Net Assets | $115.7M |
| Inception Date | 6/30/10 |
| Number of Holdings | 22 |
| Distribution Frequency | Annually |
| Ticker – Investor Class Ticker – Class C |
MOATX CASTX |
| Benchmark | S&P 500 TR |
Portfolio Characteristics3
For the five years ending 9/30/19
| Alpha | -0.37 |
| Beta | 0.52 |
| Standard Deviation | 7.15 |
| Up Capture | 53.00 |
| Down Capture | 53.00 |
| R Squared | 74.87 |
1. Percent of Fund’s total net assets
2. Represents cash equivalents and other assets less liabilities
3. Alpha measures the excess return of an investment vehicle, such as a mutual fund, relative to the return of its benchmark, given its level of risk (as measured by beta). Beta is a measure of the portfolios sensitivity to the market. Standard deviation is use to measure an investment’s historic volatility. The up capture and down capture ratios are statistical measures of a manager’s overall performance in upward moving and downward moving markets, respectively. R-Squared is a statistical measure that represents the percentage of a fund or security’s movements that can be explained by movements in a benchmark index.