Wedgewood Fund (RWGIX)
The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that the sub-adviser believes have above-average growth prospects. It invests primarily in common stocks. The adviser considers companies with market capitalizations in excess of $5 billion to be large capitalization companies. The fund is non-diversified.
Fund Info
| ISIN | US76882K3068 |
|---|---|
| CUSIP | 76882K306 |
| Issuer | RiverPark Funds |
| Inception Date | Sep 30, 2010 |
| Category | Large Cap Growth Equities |
| Min. Investment | $50,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
RWGIX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: RWGIX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wedgewood 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
Wedgewood Fund had a return of 19.14% year-to-date (YTD) and 28.92% in the last 12 months. Over the past 10 years, Wedgewood Fund had an annualized return of 11.55%, outperforming the S&P 500 benchmark which had an annualized return of 10.88%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.14% | 18.13% |
| 1 month | 1.84% | 1.45% |
| 6 months | 7.78% | 8.81% |
| 1 year | 28.92% | 26.52% |
| 5 years (annualized) | 16.64% | 13.43% |
| 10 years (annualized) | 11.55% | 10.88% |
Monthly Returns
The table below presents the monthly returns of RWGIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.51% | 6.14% | 3.79% | -3.46% | 3.39% | 3.66% | -0.37% | 3.36% | 19.14% | ||||
| 2023 | 8.97% | -0.75% | 1.51% | 1.24% | 0.98% | 5.81% | 3.20% | -1.77% | -3.84% | -1.88% | 9.33% | 3.95% | 29.09% |
| 2022 | -7.67% | -7.74% | 4.70% | -10.16% | -0.87% | -7.24% | 9.93% | -3.66% | -9.60% | 3.71% | 7.62% | -6.20% | -26.13% |
| 2021 | -2.47% | 4.21% | 3.23% | 7.83% | -0.54% | 4.20% | 4.03% | 4.38% | -5.48% | 5.29% | -1.62% | 6.49% | 32.73% |
| 2020 | 0.42% | -5.88% | -11.61% | 15.66% | 7.28% | 2.03% | 7.05% | 8.57% | -4.69% | -1.92% | 9.18% | 4.80% | 31.48% |
| 2019 | 8.09% | 2.20% | 4.20% | 4.26% | -6.41% | 7.32% | 2.42% | -1.29% | -0.76% | 4.28% | 2.31% | 2.81% | 32.67% |
| 2018 | 5.73% | -3.60% | -2.78% | 0.52% | 4.04% | 0.33% | 2.45% | 4.58% | 1.32% | -8.09% | -0.11% | -9.64% | -6.37% |
| 2017 | 1.16% | 4.20% | 0.38% | -0.27% | 0.94% | -1.04% | 2.43% | -0.33% | 2.49% | 0.63% | 6.35% | 1.69% | 20.04% |
| 2016 | -5.41% | 0.25% | 6.67% | -2.58% | 1.05% | -0.31% | 2.88% | 0.72% | -0.65% | -1.19% | 2.71% | 0.81% | 4.55% |
| 2015 | -4.77% | 7.51% | -1.64% | 1.07% | -0.21% | -2.29% | 1.74% | -4.93% | -4.51% | 6.91% | -2.48% | -2.47% | -6.80% |
| 2014 | -2.49% | 4.65% | 0.11% | -0.72% | 1.90% | 0.33% | -0.38% | 3.29% | -2.44% | 3.49% | 2.26% | -0.55% | 9.53% |
| 2013 | 2.60% | 0.85% | 2.16% | -0.54% | 4.33% | -1.84% | 6.11% | -0.13% | 2.66% | 3.70% | 4.16% | 2.33% | 29.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RWGIX is 70, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Wedgewood Fund (RWGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Wedgewood Fund granted a 1.79% dividend yield in the last twelve months. The annual payout for that period amounted to $0.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.10 | $0.10 | $0.59 | $0.70 | $4.29 | $2.84 | $9.40 | $2.93 | $0.03 | $0.76 | $0.83 | $0.26 |
Dividend yield | 1.79% | 2.14% | 15.90% | 12.16% | 88.03% | 39.95% | 124.71% | 16.61% | 0.17% | 4.63% | 4.51% | 1.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Wedgewood 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.10 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.29 | $4.29 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.84 | $2.84 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.40 | $9.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.93 | $2.93 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2013 | $0.26 | $0.26 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Wedgewood 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 Wedgewood Fund was 47.12%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.
The current Wedgewood Fund drawdown is 0.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.12% | Dec 17, 2019 | 66 | Mar 23, 2020 | 227 | Feb 16, 2021 | 293 |
| -30.62% | Dec 30, 2021 | 200 | Oct 14, 2022 | 326 | Feb 2, 2024 | 526 |
| -22.81% | Sep 28, 2018 | 60 | Dec 24, 2018 | 84 | Apr 26, 2019 | 144 |
| -20.71% | May 22, 2015 | 183 | Feb 11, 2016 | 264 | Mar 1, 2017 | 447 |
| -16.41% | Jul 25, 2011 | 20 | Aug 19, 2011 | 103 | Jan 18, 2012 | 123 |
Volatility
Volatility Chart
The current Wedgewood Fund volatility is 3.40%, 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.