Clarkston Founders Fund (CIMDX)
Under normal circumstances, the fund invests primarily in equity securities of U.S. medium market capitalization companies. It will, however, also invest in equity securities of smaller or larger companies. The fund seeks to achieve long-term capital appreciation while minimizing volatility and risk. To accomplish this goal, it invests in companies that the Adviser believes to be of high quality and believes to be undervalued relative to their expected long-term free cash flow. The fund is non-diversified.
Fund Info
| ISIN | US02110A6477 |
|---|---|
| CUSIP | 02110A647 |
| Issuer | Clarkston Funds |
| Inception Date | Jan 31, 2017 |
| Category | Mid Cap Value Equities |
| Min. Investment | $10,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
CIMDX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Clarkston Founders Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Clarkston Founders Fund had a return of -2.04% year-to-date (YTD) and 5.04% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.04% | 5.21% |
| 1 month | -5.77% | -4.30% |
| 6 months | 12.22% | 18.42% |
| 1 year | 5.04% | 21.82% |
| 5 years (annualized) | 8.11% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.25% | 2.60% | 3.12% | -6.56% | ||||||||
| 2023 | -4.33% | 7.93% | 5.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CIMDX is 16, indicating that it is in the bottom 16% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Clarkston Founders Fund(CIMDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Clarkston Founders Fund (CIMDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Clarkston Founders Fund granted a 1.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.89 | $0.07 | $0.13 | $0.40 | $0.23 | $0.05 |
Dividend yield | 1.65% | 1.62% | 6.38% | 0.44% | 0.91% | 3.32% | 2.28% | 0.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Clarkston Founders 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2017 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Clarkston Founders Fund. 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 Clarkston Founders Fund was 31.86%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current Clarkston Founders Fund drawdown is 7.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.86% | Feb 21, 2020 | 22 | Mar 23, 2020 | 53 | Jun 8, 2020 | 75 |
| -21.26% | May 11, 2021 | 352 | Sep 30, 2022 | — | — | — |
| -15.11% | Jan 29, 2018 | 229 | Dec 24, 2018 | 70 | Apr 5, 2019 | 299 |
| -13.77% | Jun 9, 2020 | 14 | Jun 26, 2020 | 44 | Aug 28, 2020 | 58 |
| -6.83% | Oct 26, 2020 | 3 | Oct 28, 2020 | 8 | Nov 9, 2020 | 11 |
Volatility
Volatility Chart
The current Clarkston Founders Fund volatility is 3.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.