FAM Funds
Fenimore Private Client Group
Investment Advisors
About Fenimore

Investment Advisors

 

For Professional Investment Advisors


FAM Dividend Focus Fund Podcast: December 2018
Listen to an interview with Paul Hogan, Co-Manager - FAM Dividend Focus Fund (FAMEX)
(FAM Equity-Income Fund became FAM Dividend Focus Fund on June 30, 2019) 

  • FAM Dividend Focus Fund takes a distinct approach, applying a dividend growth focus to mid-cap stocks. In addition, the Fund maintains a concentrated portfolio and has a low turnover ratio given its high conviction holdings.
     
  • In the interview with Senior Vice President Anne Putnam, Paul discusses the Fund's approach and Morningstar ranking along with the broad investment climate and specific opportunities we are seeing.

Play FAM Dividend Focus Fund (FAMEX) Podcast

‚Äč

Paul C. Hogan, CFA
Co-Manager, FAMEX


 

Anne B. Putnam
Senior Vice President
 

FAM Dividend Focus Fund Performance & Expense Information Click Here

Rating, risk, and return values are relative to each fund’s Morningstar Category. Morningstar, an independent investment research firm, currently follows 382 mutual funds in its Mid-Cap Blend Category. The Morningstar RatingTM is a quantitative assessment of a fund’s past performance — both return and risk — as measured from 1 to 5 stars. It uses focused comparison groups to better measure fund manager skill. As always, the Morningstar RatingTM is intended for use as the first step in the fund evaluation process. A high rating alone is not a sufficient basis for investment decisions.

The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

The FAM Dividend Focus Fund received a 5-Star Overall Morningstar RatingTM for the 3-Year, 5-Star Overall Morningstar RatingTM for the 5-Year, and 4-Star Overall Morningstar RatingTM for the 10-Year periods ending 12/31/2018 among 382, 335, and 235 Mid-Cap Blend funds, respectively.

© 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The principal value and investment return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Please consider a fund’s investment objectives, risks, charges and expenses carefully before investing. Read our prospectus or summary prospectus.

 

Fenimore Asset Management, the independent investment advisor to FAM Funds, was established in 1974 with a focus on long-term, value investing.

While having the upside potential of concentrated small- to mid-cap portfolios, we seek to mitigate risk and preserve capital through our in-depth research process and active management. It is this same steadfast investment approach that has helped us navigate multiple economic and financial market cycles.

We invite you to discover how FAM Funds can differentiate your practice.

All investing involves risk including the possible loss of principal. Before investing, carefully read the fund’s prospectus which includes investment objectives, risks, charges, expenses and other information about the fund. Please call us at 800-932-3271 or visit famfunds.com for a prospectus or summary prospectus.

Securities offered through Fenimore Securities, Inc., Member FINRA/SIPC and advisory services offered through Fenimore Asset Management, Inc.

Join our
Mailing List >

800.932.3271 / 384 North Grand Street, Cobleskill, NY 12043
Copyright © 2019 FAM Funds | Privacy Policy | Terms of Use | Sitemap

Wealth Management & Value Investing | Albany NY
Long term, value investing is the focus at Fenimore Asset Management. We have been providing professional wealth management to Albany, NY for forty years!