Villere Balanced Fund (VILLX)

VILLX

As of 08/31/2021

Symbol
VILLX
Total Net Assets
$204.0M
Expense Ratio
0.99%
Number of Equity Holdings
25
Portfolio Turnover
25.3%
Inception Date
09/30/1999
Minimum Investment
$2,000
Subsequent Investments
$500
Sales Charge
None
CUSIP
742935539

INVESTMENT OBJECTIVE

The Villere Balanced Fund seeks to achieve long-term capital growth consistent with preservation of capital and balanced by current income.

OVERVIEW

The Balanced Fund invests primarily in small- and mid-cap companies through an active and selective investment approach, creating a concentrated equity portfolio of Villere’s 20-30 best ideas. The Fund pursues investment opportunities over the long term without a constraint of a benchmark, while targeting sustainable long-term growth with reasonable valuations. The Fund offers a mix of stock and bonds in a single fund, and includes a fixed income allocation of 20-50% to help balance risk and reduce volatility.

The Fund is potentially well-suited for investors who desire the diversified mix of stocks, bonds and cash offered by a balanced fund, while having some aggressiveness in terms of the underlying equity component.

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Performance

 

VILLX

NAV AS OF 09/24/2021

$26.62

DAILY NAV CHANGE

0.19% ($0.05)

MONTH-END RETURNS

As of 08/31/2021
TOTAL RETURN AVERAGE ANNUAL TOTAL RETURNS CUMULATIVE
1 month YTD 1 yr 3 yrs 5 yrs 10 yrs 15 yrs Since Inception
09/30/1999
Since Inception
09/30/1999
Villere Balanced Fund 2.22% 8.92% 25.66% 6.70% 8.53% 8.60% 7.43% 8.02% 442.40%
Lipper Balanced Funds Index 1.42% 11.44% 20.99% 11.73% 10.65% 9.47% 7.25% 6.40% 289.81%
S&P 500/Bloomberg Cap Int Govt/Cr Bd 1.92% 13.52% 19.64% 13.66% 12.74% 11.57% 8.64% 6.99% 339.74%
S&P 500 TR 3.04% 21.58% 31.17% 18.07% 18.02% 16.34% 10.90% 7.96% 436.12%

Expense Ratio: 0.99%

Quarter-end Returns

As of 06/30/2021
TOTAL RETURN AVERAGE ANNUAL TOTAL RETURNS CUMULATIVE
3 months YTD 1 yr 3 yrs 5 yrs 10 yrs 15 yrs Since Inception
09/30/1999
Since Inception
09/30/1999
Villere Balanced Fund 3.55% 7.05% 30.00% 7.51% 9.45% 7.73% 7.17% 8.00% 433.06%
Lipper Balanced Funds Index 3.10% 8.65% 26.44% 11.95% 10.71% 8.69% 7.24% 6.33% 280.05%
S&P 500 TR 8.55% 15.25% 40.79% 18.67% 17.65% 14.84% 10.73% 7.76% 408.23%
Bloomberg Barclays Intermediate Government/Credit Index 0.98% -0.90% 0.19% 4.70% 2.63% 2.76% 3.86% 4.37% 153.58%

Expense Ratio: 0.99%

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted.

Calendar year returns (%)

As of 08/31/2021
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 YTD
21.16% 8.85% 21.05% 22.89% -3.08% -8.24% 9.99% 9.13% -5.98% 21.85% 10.99% 8.92%
11.90% 0.74% 11.94% 16.39% 7.21% -0.42% 7.20% 14.10% -4.68% 19.58% 13.43% 11.44%

Composition

As of 8/31/2021

Portfolio Allocation

Top 10 Equity Holdings

As of  8/31/2021
Stryker Corp. 4.3%
First Hawaiian, Inc. 4.3%
ABIOMED, Inc. 4.2%
Ligand Pharmaceuticals, Inc. 4.2%
Palomar Holdings, Inc. 4.1%
Euronet Worldwide, Inc. 4.0%
Roper Technologies, Inc. 3.9%
Kearny Financial Corp. 3.7%
STERIS PLC 3.6%
Open Lending Corp. 3.5%
Total % of fund 39.8%

TOTAL PORTFOLIO HOLDINGS - PDF >>

EQUITY SECTOR ALLOCATION

As of  8/31/2021
As a % of equity assets
Financials 30.9%
Health Care 20.3%
Information Technology 16.5%
Consumer Discretionary 8.7%
Industrials 8.6%
Telecommunication Services 7.1%
Materials 5.6%
Energy 2.3%
Consumer Staples 0.0%
Real Estate 0.0%
Utilities 0.0%

Portfolio allocations, sector allocations, and holdings are subject to changes and are not recommendations to buy or sell any security.