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Fenimore Private Client Group
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Stock Update: Stock Yards Bancorp

Stock Yards was the second-worst performer with a loss of -$445,183.  The bank provides commercial lending, investment management, and trust services. Banks were one of the industries that trailed the market this quarter, which comes after a nice post-election run during which we trimmed about one-half of our position. There was no material news to warrant the stock’s quarterly decline.
 

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

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

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