Frohman All Funds

Asset Allocation

Position	Category/Sector	Target Weight
AEPGX American Funds EuroPacific Growth Fund Class A	Foreign Large Cap Equities	8.53%
CMNIX Calamos Market Neutral Income Fund Institutional Class		3.52%
CVGRX Calamos Growth Fund	Large Cap Growth Equities	3.32%
ETHSX Eaton Vance Worldwide Health Sciences Fund	Health & Biotech Equities	15.41%
FHIIX Federated Hermes High Income Bond Fund	High Yield Bonds	1.44%
FIDAX John Hancock Financial Industries Fund	Financials Equities	7.86%
FMUSX Federated Hermes Municipal Ultra Short Fund	Municipal Bonds	1.11%
LAFFX Lord Abbett Affiliated Fund	Large Cap Value Equities	20.83%
LAVLX Lord Abbett Mid Cap Stock Fund	Mid Cap Value Equities	1.41%
NCBVX PGIM Quant Solutions Mid-Cap Value Fund	Mid Cap Value Equities	21.60%
PHSTX Putnam Global Health Care Fund	Health & Biotech Equities	6.17%
PNGAX Putnam International Value Fund	Foreign Large Cap Equities	1.34%
POVSX Putnam International Equity Fund	Foreign Large Cap Equities	7.46%

Benchmark Against

Benchmark

S&P 500 Index

Rebalance

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Frohman All Funds, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.

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The earliest data available for this chart is Oct 24, 2000, corresponding to the inception date of FMUSX

Returns By Period

As of Apr 3, 2026, the Frohman All Funds returned -0.26% Year-To-Date and 8.79% of annualized return in the last 10 years.

	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	0.11%	-3.43%	-3.84%	-1.98%	16.08%	16.86%	10.37%	12.29%
Portfolio Frohman All Funds	0.86%	-2.86%	-0.26%	3.77%	14.14%	12.45%	7.06%	8.79%
Portfolio components:
PNGAX Putnam International Value Fund	1.41%	-0.39%	4.06%	7.35%	25.49%	17.84%	11.24%	9.54%
PHSTX Putnam Global Health Care Fund	0.87%	-4.27%	-2.30%	5.65%	8.35%	8.35%	7.08%	9.19%
LAVLX Lord Abbett Mid Cap Stock Fund	0.50%	-3.74%	0.77%	2.50%	10.59%	12.22%	7.36%	8.02%
LAFFX Lord Abbett Affiliated Fund	0.44%	-3.69%	1.65%	4.60%	16.04%	16.15%	9.70%	10.20%
FMUSX Federated Hermes Municipal Ultra Short Fund	0.00%	-0.20%	0.00%	0.16%	1.78%	2.97%	1.86%	1.59%
FIDAX John Hancock Financial Industries Fund	0.56%	-2.24%	-7.12%	-0.87%	3.16%	15.87%	6.32%	9.77%
CVGRX Calamos Growth Fund	1.27%	-3.54%	-8.90%	-7.99%	16.34%	19.63%	8.53%	12.71%
AEPGX American Funds EuroPacific Growth Fund Class A	1.86%	-2.89%	-1.12%	2.17%	23.03%	11.27%	2.48%	7.65%
POVSX Putnam International Equity Fund	1.61%	-2.78%	2.78%	5.23%	28.39%	15.03%	8.11%	8.47%
FHIIX Federated Hermes High Income Bond Fund	0.29%	-0.63%	-0.65%	0.68%	6.16%	7.34%	3.16%	5.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 25, 2000, Frohman All Funds's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, your investment would double in approximately 8.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +12.7%, while the worst month was Oct 2008 at -17.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, Frohman All Funds closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.3%, while the worst single day was Mar 16, 2020 at -10.9%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	3.03%	1.85%	-5.76%	0.86%									-0.26%
2025	4.99%	-0.43%	-3.50%	-0.95%	2.94%	3.14%	-0.77%	3.59%	1.65%	0.67%	3.35%	0.79%	16.23%
2024	0.41%	3.57%	3.99%	-3.96%	3.54%	-0.20%	4.07%	2.67%	0.00%	-1.65%	4.05%	-5.63%	10.74%
2023	5.02%	-2.95%	-1.38%	1.34%	-3.15%	5.61%	3.45%	-2.35%	-3.64%	-3.49%	7.75%	5.57%	11.34%
2022	-4.33%	-1.13%	1.88%	-6.34%	1.25%	-7.52%	5.68%	-4.04%	-7.50%	8.15%	6.61%	-3.52%	-11.81%
2021	-0.48%	4.34%	4.13%	4.14%	2.23%	-1.06%	1.06%	2.97%	-3.62%	4.69%	-3.30%	5.28%	21.74%

Benchmark Metrics

Frohman All Funds has an annualized alpha of 1.53%, beta of 0.85, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since October 25, 2000.

This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (93.15%) than losses (90.43%) — typical of diversified or defensive assets.

Alpha: 1.53%

Beta: 0.85

R²: 0.91

Upside Capture: 93.15%

Downside Capture: 90.43%

Expense Ratio

Frohman All Funds has a high expense ratio of 1.20%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

Top 10 holdings

NCBVX

PGIM Quant Solutions Mid-Cap Value Fund

CVGRX

Calamos Growth Fund

PNGAX

Putnam International Value Fund

POVSX

Putnam International Equity Fund

FIDAX

John Hancock Financial Industries Fund

ETHSX

Eaton Vance Worldwide Health Sciences Fund

PHSTX

Putnam Global Health Care Fund

LAVLX

Lord Abbett Mid Cap Stock Fund

FHIIX

Federated Hermes High Income Bond Fund

CMNIX

Calamos Market Neutral Income Fund Institutional Class

Return for Risk

Risk / Return Rank

Frohman All Funds ranks 28 for risk / return — below 28% of portfolios on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

	Portfolio	Benchmark	Difference
Sharpe ratio Return per unit of total volatility	1.03	0.88	+0.15
Sortino ratio Return per unit of downside risk	1.50	1.37	+0.13
Omega ratio Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	1.39	1.39	0.00
Martin ratio Return relative to average drawdown	6.00	6.43	-0.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
PNGAX Putnam International Value Fund	77	1.57	2.06	1.31	2.32	8.69
PHSTX Putnam Global Health Care Fund	13	0.54	0.84	1.11	0.71	1.70
LAVLX Lord Abbett Mid Cap Stock Fund	23	0.70	1.08	1.15	0.95	4.02
LAFFX Lord Abbett Affiliated Fund	53	1.11	1.59	1.25	1.57	7.12
FMUSX Federated Hermes Municipal Ultra Short Fund	44	0.61	0.89	1.38	1.78	5.45
FIDAX John Hancock Financial Industries Fund	7	0.21	0.42	1.06	0.31	0.86
CVGRX Calamos Growth Fund	29	0.77	1.26	1.17	1.14	4.24
AEPGX American Funds EuroPacific Growth Fund Class A	67	1.43	1.93	1.28	1.93	7.25
POVSX Putnam International Equity Fund	80	1.68	2.19	1.32	2.40	9.39
FHIIX Federated Hermes High Income Bond Fund	86	1.70	2.31	1.45	2.52	11.03

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Frohman All Funds Sharpe ratios as of Apr 3, 2026 (values are recalculated daily):

1-Year: 1.03
5-Year: 0.51
10-Year: 0.55
All Time: 0.41

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.97 to 1.66, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Frohman All Funds compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

Frohman All Funds provided a 9.57% dividend yield over the last twelve months.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	9.57%	9.30%	4.45%	2.53%	4.35%	6.97%	3.63%	4.02%	9.29%	7.03%	6.02%	8.13%
Portfolio components:
PNGAX Putnam International Value Fund	2.85%	2.97%	3.89%	2.35%	1.63%	5.70%	1.84%	3.91%	4.34%	1.11%	2.23%	1.09%
PHSTX Putnam Global Health Care Fund	1.83%	1.79%	4.92%	5.62%	7.82%	11.98%	9.58%	5.72%	6.82%	17.31%	10.65%	13.06%
LAVLX Lord Abbett Mid Cap Stock Fund	6.99%	7.04%	9.70%	1.23%	8.40%	8.51%	1.19%	3.19%	6.55%	2.67%	0.60%	0.79%
LAFFX Lord Abbett Affiliated Fund	7.08%	7.49%	6.32%	1.69%	7.86%	3.86%	1.93%	4.31%	11.75%	11.96%	7.76%	10.67%
FMUSX Federated Hermes Municipal Ultra Short Fund	1.56%	3.10%	2.67%	2.42%	0.88%	0.25%	0.90%	1.74%	1.55%	1.05%	0.83%	0.60%
FIDAX John Hancock Financial Industries Fund	51.88%	48.19%	10.24%	1.91%	11.22%	23.08%	5.41%	7.56%	7.72%	6.10%	6.01%	0.93%
CVGRX Calamos Growth Fund	9.67%	8.81%	6.66%	4.48%	0.00%	12.17%	11.25%	9.71%	16.86%	13.75%	4.12%	35.24%
AEPGX American Funds EuroPacific Growth Fund Class A	13.85%	13.69%	4.56%	3.57%	1.72%	5.15%	0.17%	2.79%	6.33%	4.66%	1.24%	3.05%
POVSX Putnam International Equity Fund	10.31%	10.60%	1.13%	1.88%	0.00%	14.17%	2.56%	1.58%	6.42%	0.32%	3.09%	2.70%
FHIIX Federated Hermes High Income Bond Fund	5.44%	5.29%	5.36%	5.50%	5.70%	4.60%	4.97%	5.28%	5.75%	5.29%	5.14%	5.94%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Frohman All Funds. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Frohman All Funds was 51.78%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.

The current Frohman All Funds drawdown is 5.04%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-51.78%	Oct 15, 2007	352	Mar 9, 2009	888	Sep 13, 2012	1240
-36.64%	Jan 21, 2020	44	Mar 23, 2020	166	Nov 16, 2020	210
-30.77%	May 22, 2001	346	Oct 9, 2002	307	Dec 29, 2003	653
-21.03%	Jan 5, 2022	186	Sep 30, 2022	345	Feb 15, 2024	531
-19.87%	Jun 24, 2015	161	Feb 11, 2016	226	Jan 4, 2017	387

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 13 assets, with an effective number of assets of 7.16, reflecting the diversification based on asset allocation. This number of effective assets indicates a moderate level of diversification, where some assets may have a more significant influence on overall performance.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	Benchmark	FMUSX	FHIIX	CMNIX	PHSTX	ETHSX	PNGAX	POVSX	FIDAX	AEPGX	CVGRX	NCBVX	LAVLX	LAFFX	Portfolio
Benchmark	1.00	-0.01	0.32	0.72	0.75	0.74	0.71	0.72	0.83	0.76	0.90	0.86	0.88	0.93	0.93
FMUSX	-0.01	1.00	0.10	0.01	0.01	0.01	-0.01	0.00	-0.03	0.01	-0.01	-0.01	-0.01	-0.01	-0.00
FHIIX	0.32	0.10	1.00	0.34	0.25	0.26	0.39	0.40	0.30	0.40	0.30	0.32	0.33	0.31	0.36
CMNIX	0.72	0.01	0.34	1.00	0.55	0.56	0.62	0.63	0.63	0.63	0.70	0.67	0.68	0.69	0.72
PHSTX	0.75	0.01	0.25	0.55	1.00	0.92	0.61	0.62	0.62	0.62	0.68	0.65	0.69	0.72	0.80
ETHSX	0.74	0.01	0.26	0.56	0.92	1.00	0.60	0.63	0.62	0.64	0.71	0.65	0.69	0.71	0.81
PNGAX	0.71	-0.01	0.39	0.62	0.61	0.60	1.00	0.96	0.67	0.90	0.65	0.71	0.71	0.73	0.81
POVSX	0.72	0.00	0.40	0.63	0.62	0.63	0.96	1.00	0.65	0.91	0.68	0.69	0.70	0.72	0.81
FIDAX	0.83	-0.03	0.30	0.63	0.62	0.62	0.67	0.65	1.00	0.66	0.72	0.86	0.85	0.88	0.88
AEPGX	0.76	0.01	0.40	0.63	0.62	0.64	0.90	0.91	0.66	1.00	0.74	0.70	0.72	0.74	0.82
CVGRX	0.90	-0.01	0.30	0.70	0.68	0.71	0.65	0.68	0.72	0.74	1.00	0.78	0.81	0.81	0.85
NCBVX	0.86	-0.01	0.32	0.67	0.65	0.65	0.71	0.69	0.86	0.70	0.78	1.00	0.94	0.90	0.93
LAVLX	0.88	-0.01	0.33	0.68	0.69	0.69	0.71	0.70	0.85	0.72	0.81	0.94	1.00	0.92	0.93
LAFFX	0.93	-0.01	0.31	0.69	0.72	0.71	0.73	0.72	0.88	0.74	0.81	0.90	0.92	1.00	0.95
Portfolio	0.93	-0.00	0.36	0.72	0.80	0.81	0.81	0.81	0.88	0.82	0.85	0.93	0.93	0.95	1.00

The correlation results are calculated based on daily price changes starting from Oct 25, 2000

Frohman All Funds

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Benchmark Metrics

Expense Ratio

Top 10 holdings

Return for Risk

Risk / Return Rank

Return / Risk — by metrics

Sharpe ratio

Sortino ratio

Omega ratio

Calmar ratio

Martin ratio

Sharpe Ratio

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table