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Stock Update: Landstar System

Landstar System was the third-largest contributor with a gain of $774,386.  Landstar is a worldwide, asset-light provider of integrated transportation management solutions. The firm delivers safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity owners, and employees.  This is a new position that we purchased on weakness at what we believe was an attractive valuation.

The portfolio is actively managed. For the FAM Small Cap Fund's current Top 10 Holdings to the most recent quarter-end, view its Portfolio Details.

To obtain the FAM Small Cap Fund's performance data that is current to the most recent month-end, click here.

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