Ariel Focus Fund (ARFFX)
The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of companies of any size in order to provide investors access to superior opportunities in companies of all market capitalizations. The fund’s strategy is rooted in the contrarian investment philosophy of the Adviser, which depends on three interrelated tenets: patience, focus and independent thinking. It is non-diversified.
Share Price Chart
Loading data...
Performance
The chart shows the growth of $10,000 invested in Ariel Focus Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $24,723 for a total return of roughly 147.23%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Ariel Focus Fund had a return of -3.82% year-to-date (YTD) and -15.89% in the last 12 months. Over the past 10 years, Ariel Focus Fund had an annualized return of 7.10%, while the S&P 500 had an annualized return of 9.86%, indicating that Ariel Focus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -10.87% | -3.13% |
| Year-To-Date | -3.82% | 2.92% |
| 6 months | -2.15% | 2.02% |
| 1 year | -15.89% | -11.46% |
| 5 years (annualized) | 4.03% | 7.79% |
| 10 years (annualized) | 7.10% | 9.86% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 7.42% | -1.58% | ||||||||||
| 2022 | -10.71% | 12.95% | 2.78% | -3.46% |
Dividend History
Ariel Focus Fund granted a 8.63% dividend yield in the last twelve months. The annual payout for that period amounted to $1.17 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.17 | $1.17 | $0.56 | $0.35 | $0.14 | $0.84 | $0.79 | $0.13 | $1.46 | $1.56 | $0.80 | $0.13 |
Dividend yield | 8.63% | 8.30% | 3.57% | 2.69% | 1.19% | 8.82% | 7.14% | 1.37% | 18.48% | 16.69% | 9.34% | 2.13% |
Monthly Dividends
The table displays the monthly dividend distributions for Ariel Focus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.14 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.12 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.13 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.11 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 | $0.13 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.46 | $0.11 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.09 |
| 2012 | $0.13 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Ariel Focus Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Ariel Focus Fund is 57.66%, recorded on Mar 9, 2009. It took 976 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.66% | Jun 5, 2007 | 442 | Mar 9, 2009 | 976 | Jan 24, 2013 | 1418 |
| -43.22% | Jan 21, 2020 | 44 | Mar 23, 2020 | 179 | Dec 4, 2020 | 223 |
| -26.97% | May 22, 2015 | 183 | Feb 11, 2016 | 206 | Dec 5, 2016 | 389 |
| -24.39% | Sep 24, 2018 | 64 | Dec 24, 2018 | 253 | Dec 26, 2019 | 317 |
| -24.35% | Apr 21, 2022 | 113 | Sep 30, 2022 | — | — | — |
| -10.88% | Jun 7, 2021 | 125 | Dec 1, 2021 | 81 | Mar 29, 2022 | 206 |
| -9.8% | Jan 29, 2018 | 44 | Apr 2, 2018 | 120 | Sep 20, 2018 | 164 |
| -9.73% | May 9, 2006 | 48 | Jul 18, 2006 | 59 | Oct 10, 2006 | 107 |
| -9.21% | Sep 2, 2014 | 32 | Oct 15, 2014 | 47 | Dec 22, 2014 | 79 |
| -6.61% | Feb 21, 2007 | 15 | Mar 13, 2007 | 30 | Apr 25, 2007 | 45 |
Volatility Chart
Current Ariel Focus Fund volatility is 26.74%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.