ASTON/Fairpointe Mid Cap Fund
| N | I | |
|---|---|---|
| CUSIP | 00078H315 | 00078H158 |
| Ticker | CHTTX | ABMIX |
| Share Class Inception | 9/19/1994 | 7/6/2004 |
| Gross Exp Ratio (%) | 1.11 | 0.86 |
| Net Exp Ratio (%) | 1.11 | 0.86 |
| NAV | 40.62 | 41.20 |
| NAV Change (%) |  0.05 | 0.05 |
| Dividend Frequency | Annual |
| Benchmark | S&P MidCap 400 Index |
| Morningstar Category | Mid-Cap Blend |
Overall Morningstar Rating™
Among 348 Mid-Cap Blend funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 4/30/13.
Fund Resources
Portfolio Managers
Thyra E. Zerhusen
Thyra E. Zerhusen
Ms. Zerhusen, Lead Manager since May 1999, is principal owner of Fairpointe Capital. Ms. Zerhusen previously served as the Chief Investment Officer and co-portfolio manager of the investment team at Optimum since October 2003. From April 1999 to September 2003, Ms. Zerhusen was employed at Talon Asset Management. She received her Diploma Ingenieur from the Swiss Federal Institute of Technology, and an MA in Economics from the University of Illinois. Ms. Zerhusen is a member of the Financial Analysts Federation, and is fluent in English, French, and German.
Marie L. Lorden
Marie L. Lorden
Ms. Lorden, co-Manager of the Fund since March 2009, joined Fairpointe Capital on April 30, 2011. Prior experience includes Optimum Investment Advisors from September 2003 to April 2011, Zurich Insurance Group, Driehaus Capital Management, and The Burridge Group. Ms. Lorden received her BS from Elmhurst College and her MBA from Keller Graduate School of Management.
Mary L. Pierson
Mary L. Pierson
Ms. Pierson, co-Manager of the Fund since March 2009, joined Fairpointe Capital on April 30, 2011. Prior experience includes Optimum Investment Advisors from May 2004 to April 2011, as well as 15 years with Harris Bankcorp and Harris Futures Corp. Ms. Pierson received her BA in Economics from DePauw University, her MA in Economics from Northwestern University, and her MBA in Finance from the University of Chicago.
Investment Strategy
The ASTON/Fairpointe Mid Cap Fund invests in mid-sized companies with strong franchises that management views as priced inefficiently relative to their earnings growth potential.
If you are an investment professional, login or register here for access to Aston’s research content. Discover the unique qualities that differentiate our Subadvisers at both the firm and strategy levels.
Objective
The fund seeks long-term total return through capital appreciation by investing primarily in common and preferred stocks, and convertible securities.
Risk Considerations
All investments contain risks and investors should consider the risks associated with investing in the Fund. Investments made in small and mid-size capitalization companies are subject to a higher degree of market risk because they tend to be more volatile and less liquid when compared to larger more established companies.
Mid-cap stocks are generally riskier than large-cap stocks due to greater volatility and less liquidity.
Top 25 Holdings
- Holdings as of April 30, 2012 (7 KB, PDF)
- Holdings as of May 31, 2012 (7 KB, PDF)
- Holdings as of July 31, 2012 (7 KB, PDF)
- Holdings as of August 31, 2012 (7 KB, PDF)
- Holdings as of October 31, 2012 (7 KB, PDF)
- Holdings as of November 30, 2012 (7 KB, PDF)
- Holdings as of January 31, 2013 (29 KB, PDF)
- Holdings as of February 28, 2013 (29 KB, PDF)
| Fund Stats (as of 3/31/13) | N Shares | I Shares |
|---|---|---|
| Origin Of Information | Baseline | Baseline |
| Sales Load | None | None |
| Total Net Assets (5/23/13) | $1,994,544,017.17 | $2,021,169,627.53 |
| Turnover | 32% | 32% |
| Minimum Investment | 2,500 | 1,000,000 |
| Alpha (3 yr.) | -4.08 | -3.84 |
| Beta (3 yr.) | 1.13 | 1.12 |
| R-Squared (3 yr.) | 0.94 | 0.94 |
| Standard Dev (3 yr.) | 20.67 | 20.66 |
| Sharpe Ratio (3 yr.) | 0.19 | 0.19 |
| Current Wtd Average P/E (trailing) | 13.40 | 13.40 |
| Current Wtd Average P/B (trailing) | 2.10 | 2.10 |
| Median Mkt Cap ($Mil) | 5,411 | 5,411 |
| Average Wtd Coupon | N/A | N/A |
| Effective Maturity | N/A | N/A |
| Sector Breakdown (as of 3/31/2013) | |
|---|---|
| Information Technology | 27.58% |
| Consumer Discretionary | 25.26% |
| Health Care | 15.01% |
| Industrials | 9.83% |
| Financials | 7.23% |
| Energy | 6.08% |
| Cash Equivalents & Other | 3.66% |
| Materials | 2.89% |
| Consumer Staples | 2.47% |
| Top 10 Holdings (as of 3/31/2013) | |||||
|---|---|---|---|---|---|
| Company | Ticker | CUSIP | Number of Shares | Market Value | % of Net Assets |
| BOSTON SCIENTIFIC CORP | BSX | 101137107 | 20,792,236 | $162,387,363.16 | 4.39% |
| DEVRY INC | DV | 251893103 | 4,531,000 | $143,859,250.00 | 3.89% |
| HOSPIRA INC | HSP | 441060100 | 4,309,626 | $141,485,021.58 | 3.82% |
| STAPLES INC | SPLS | 855030102 | 9,878,200 | $132,664,226.00 | 3.58% |
| NEW YORK TIMES CO-A | NYT | 650111107 | 11,747,554 | $115,126,029.20 | 3.11% |
| ITRON INC | ITRI | 465741106 | 2,425,198 | $112,529,187.20 | 3.04% |
| SOUTHWEST AIRLINES CO | LUV | 844741108 | 7,720,600 | $104,073,688.00 | 2.81% |
| GANNETT CO | GCI | 364730101 | 4,650,000 | $101,695,500.00 | 2.75% |
| INTERPUBLIC GROUP OF COS INC | IPG | 460690100 | 7,677,568 | $100,038,711.04 | 2.70% |
| CREE INC | CREE | 225447101 | 1,792,100 | $98,045,791.00 | 2.65% |
As the fund is actively managed, the securities as presented may not represent the current or future composition of the portfolio.
Funds
- All Funds
Large Cap Domestic Equity Funds
Domestic Equity Income Funds
Mid Cap Domestic Equity Funds
Small Cap Domestic Equity Funds
Global/International Funds
Alternative Funds
Sector Funds
Balanced Funds
Fixed Income Funds
Money Market Funds
- Shareholder Account Access
Shareholder Account Access
- Distributions/Capital Gains
Distributions/Capital Gains
- Need Help? Contact Us by E-mail
Need Help? Contact Us by E-mail
- Research - Our Subadvisers
Research - Our Subadvisers
- Performance
Performance
- Funds
Funds
My Pages
Click the "Add Page" icon located on the upper right side of each page to start creating your own personal navigation for this site.
