|
|
 |
| |
|
Home > Financial Services > Mutual Funds > Croft
Croft
The firm provides investment advisory and portfolio management services to the Croft-Leominster Value Fund and the Croft-Leominster Income Fund. These no-load funds have a minimum investment of 2,000 dollars for a regular account and 500 dollars for an Individual Retirement Account. The Value Fund invests in a diversified portfolio of common stocks and is most appropriate for investors seeking long term growth. The Income Fund invests in predominately investment grade corporate bonds and other fixed income securities, and pays a quarterly dividend.
Croft Funds Investment Objectives such as the Value fund's objective is to seek growth of capital as with all other funds. It invests primarily in common stocks which are believed by the Investment Manager to be undervalued and have good prospects for capital appreciation; Income Fund like This fund's investment objective is to seek a high level of current income with moderate risk of principal. The Income Fund invests primarily, under normal market conditions, at least 65 percent of its total assets, in a diversified portfolio of investment grade, fixed-income securities.
Croft-Leominster Income fund seeks current income consistent with moderate risk of principal. The fund normally invests at least 65 percent of assets in investment-grade fixed-income securities, or in unrated securities judged by the advisor to be of comparable quality. The fund generally holds multiple issues across multiple industries in order to minimize credit and event risks. The fund may invest up to 34 percent of assets in debt rated as low as CCC. It may invest up to 35 percent of assets in investment-grade convertibles, preferred stocks, and common stocks.
Croft-Leominster Value Fund normally invests at least 65 percent of assets in common stocks management judges to be undervalued and that have good prospects for capital appreciation. Management employs a value-oriented, and at times contrarian, approach to select investments, focusing on companies with low valuations relative to future earnings growth, cash flow, and asset value. The fund invests primarily in common stocks of mid- and large-size companies. It may invest up to 35 percent of assets in warrants, investment-grade convertibles, preferred stocks, and corporate debt. It may hold up to 10 percent of assets in debt rated as low as CCC.
The fund is professionally managed and monitored very diligently by the fund managers. So if you wish to invest in this fund rest assured that your investment is in good hands.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mutual Funds
|
|
|
|
|
|
|