|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Financial Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Small |
|
|
Value |
|
|
|
|
|
|
|
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ -0.36 |
|
|
| NAV (2009-11-10) |
| $ 16.07 |
|
|
| YTD Return % (2009-11-10) |
| 12.46% |
|
|
| Total Assets ($ mil) |
| 196 |
|
| Growth of $10,000 |
 |
Fund: |
FBR Small Cap Financial |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Financial |
|
 |
Index: |
S&P 500 TR |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-10 |
| Inception date: 1996-12-31 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-10 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
16.45 |
25.14 |
-6.13 |
-1.22 |
10.10 |
10.47 |
| +/- Category |
-3.90 |
18.17 |
9.26 |
4.27 |
8.07 |
--- |
| +/- S&P 500 TR |
-7.07 |
-23.66 |
-0.23 |
-1.90 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
21.62 |
11.43 |
-3.10 |
0.58 |
11.27 |
11.31 |
| Month-End (as of 2009-10-31) |
11.34 |
5.89 |
-6.81 |
-1.47 |
10.10 |
10.47 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
5.41 |
-9.14 |
-3.68 |
8.57 |
--- |
| On Distribution & Sale of Shares |
--- |
3.80 |
-5.85 |
-1.29 |
8.83 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
 |
--- |
|
| # of compared funds covered (3 yrs : out of 107 funds), (5 yrs : out of 101 funds), (10 yrs : out of 59 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
1.00%.
|
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
 |
Information |
0.00 |
 |
Software |
0.00 |
 |
Hardware |
0.00 |
 |
Media |
0.00 |
 |
Telecommunications |
0.00 |
|
|
|
 |
Service |
95.77 |
 |
Healthcare |
0.00 |
 |
Consumer Services |
0.00 |
 |
Business Services |
0.00 |
 |
Financial Services |
95.77 |
|
|
|
 |
Manufacturing |
4.23 |
 |
Consumer Goods |
0.00 |
 |
Industrial Materials |
4.23 |
 |
Energy |
0.00 |
 |
Utilities |
0.00 |
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
5.5 |
 |
Stocks |
94.5 |
|
Bonds |
0.0 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.9 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
82 |
|
Turnover % |
147 |
| Total Number of Bond Holdings |
0 |
|
30 Day SEC Yield % |
0.29 |
| % of Assets in Top 10 Holdings |
24.94 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Sector |
P/E |
YTD
Return % |
% of Net
Assets |
|
|
|
|
|
|
 |
Webster Financial Corporation |
|
--- |
-10.74 |
3.06 |
 |
Astoria Financial Corporation |
|
19.84 |
-33.68 |
3.03 |
|
Fifth Third Bancorp |
|
--- |
21.07 |
2.74 |
|
First Horizon National Corporation |
|
--- |
31.51 |
2.36 |
|
Dime Community Bancshares, Inc. |
|
15.65 |
-8.35 |
2.32 |
|
 |
|
Washington Federal Inc. |
|
25.91 |
27.34 |
2.32 |
|
Comerica Incorporated |
|
15.38 |
41.36 |
2.31 |
|
KeyCorp |
|
--- |
-31.78 |
2.29 |
|
Fulton Financial Corp. |
|
--- |
-11.02 |
2.27 |
|
Zions Bancorporation |
|
--- |
-48.39 |
2.24 |
|
|
 |
Data through 2009-09-30 |
|
| YTD Return through 2009-11-20 |
|
| Fund Inception: 1996-12-31 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
David Ellison (1996-12-31) |
|
|
|
Ellison is currently a portfolio manager with FBR Fund Advisers, Inc. Previously, he was a portfolio manager with Fidelity Investments. Ellison joined Fidelity in 1983 as an analyst following savings and loans, investment brokers, money managers, consumer finance, mortgage banking, electrical equipment, and shipping.
Ellison is a member of the Boston Security Analysts Society. He has written articles for American Banker and Worth Magazine. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-02-28) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
1.49 |
based on net assets
(taken from annual report dated 2008-10-31)
|
|
| Correspondence Information |
1001 19th St North
Arlington,
VA
22209
USA |
|
|
|
|
|
