ASTON/River Road Dividend All Cap Value Fund
| N | I | |
|---|---|---|
| CUSIP | 00078H133 | 00080Y876 |
| Ticker | ARDEX | ARIDX |
| Share Class Inception | 6/28/2005 | 6/28/2007 |
| Gross Exp Ratio (%) | 1.15 | 0.9 |
| Net Exp Ratio (%) | 1.12 | 0.87 |
| 30 Day Yield (03/31/12) | 2.40 | 2.64 |
| NAV | 10.97 | 10.96 |
| NAV Change | 0.00 |  0.09 |
| Dividend Frequency | Monthly |
| Benchmark | Russell 3000 Value Index |
| Morningstar Category | Mid-Cap Value |
Overall Morningstar Rating™
Among 351 Mid-Cap Value funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 4/30/12.
Fund Resources
Portfolio Managers
Henry W. Sanders, III, CFA
Henry W. Sanders, III, CFA
Mr. Sanders is Executive Vice President of River Road. Prior to co-founding River Road, he was a Senior Vice President and Portfolio Manager for Commonwealth Trust Company (Commonwealth SMC) from 2002 to 2005. Before that, he served as President for Bridges Capital Management and Vice President for PRIMCO Capital Management. Mr. Sanders received his BS from Bellarmine University and his MBA from Boston College.
Thomas S. Forsha, CFA
Thomas S. Forsha, CFA
Mr. Forsha is a Vice President of River Road. Previously, he served as an Equity Analyst and Portfolio Manager at ABN AMRO from 1998 to 2005, where he was responsible for management of the North America equity allocation of the firm's Global High Income Equity Fund. He received his BS in Finance from The Ohio State University Fisher College of Business and his MBA from The University of Chicago Graduate School of Business in 2006.
James C. Shircliff, CFA
James C. Shircliff, CFA
Mr. Shircliff is the CEO and Chief Investment Officer of River Road. Prior to founding River Road, he served as a Portfolio Manager and Director of Research for SMC Capital Inc., an affiliate of Commonwealth Trust Company (Commonwealth SMC) from 1998 to 2005. He has also served as a Special Situations Analyst and Fund Manager for Oppenheimer Management Company and as a Partner and Director of Research for Southeastern Asset Management. Mr. Shircliff has more than 30 years of investment management experience. He received his BS from the University of Louisville.
Investment Strategy
The Fund is closed to new investors. Please see current prospectus for exceptions.
The ASTON/River Road Dividend All Cap Value Fund invests in a diversified, multi-cap portfolio of income producing equity securities with yields that management believes will exceed the Russell 3000 Value Index.
Objective
The Fund seeks to provide high current income and, secondarily, long-term capital appreciation.
Risk Considerations
Mid-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity.
| Fund Stats (as of 3/31/12) | N Shares | I Shares |
|---|---|---|
| Origin Of Information | The Bank of New York Mellon Corporation and FactSet Research Systems | The Bank of New York Mellon Corporation and FactSet Research Systems |
| Sales Load | None | None |
| Total Net Assets (5/22/12) | $323,602,670.21 | $506,654,790.46 |
| Turnover | 28% | 28% |
| Minimum Investment | 2,500 | 1,000,000 |
| Alpha (3 yr.) | 5.40 | 5.64 |
| Beta (3 yr.) | 0.66 | 0.66 |
| R-Squared (3 yr.) | 0.93 | 0.93 |
| Standard Dev (3 yr.) | 11.85 | 11.87 |
| Sharpe Ratio (3 yr.) | 0.48 | 0.48 |
| Current Wtd Average P/E (trailing) | 15.00 | 15.00 |
| Current Wtd Average P/B (trailing) | 2.11 | 2.11 |
| Median Mkt Cap ($Mil) | 15,236 | 15,236 |
| Average Wtd Coupon | N/A | N/A |
| Effective Maturity | N/A | N/A |
| Sector Breakdown (as of 4/30/12) | |
|---|---|
| Consumer Staples | 17.73% |
| Industrials | 15.52% |
| Consumer Discretionary | 13.58% |
| Financials | 12.25% |
| Information Technology | 8.12% |
| Health Care | 7.96% |
| Utilities | 5.96% |
| Telecommunication Services | 5.81% |
| Energy | 5.80% |
| Cash Equivalents & Other | 4.77% |
| Materials | 2.50% |
| Top Ten Holdings (as of 4/30/12) | |||||
|---|---|---|---|---|---|
| Company | Ticker | CUSIP | Number of Shares | Market Value | % of Net Assets |
| INTEL CORP | INTC | 458140100 | 863,540 | $24,524,536.00 | 2.86% |
| AUTOMATIC DATA PROCESSING | ADP | 53015103 | 371,745 | $20,676,456.90 | 2.41% |
| GENERAL MILLS INC | GIS | 370334104 | 512,510 | $19,931,513.90 | 2.33% |
| NORFOLK SOUTHERN CORP | NSC | 655844108 | 260,765 | $19,017,591.45 | 2.22% |
| KIMBERLY-CLARK CORP | KMB | 494368103 | 240,170 | $18,846,139.90 | 2.20% |
| PEPSICO INC | PEP | 713448108 | 276,410 | $18,243,060.00 | 2.13% |
| VODAFONE GROUP PLC-SP ADR | VOD | 92857W209 | 654,455 | $18,213,482.65 | 2.13% |
| UNITED PARCEL SERVICE-CL B | UPS | 911312106 | 230,750 | $18,030,805.00 | 2.11% |
| CHUBB CORP | CB | 171232101 | 237,395 | $17,346,452.65 | 2.02% |
| WASTE MANAGEMENT INC | WM | 94106L109 | 475,895 | $16,275,609.00 | 1.90% |
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.
