Pin Oak Equity
Pin Oak Equity is an all-cap equity fund that focuses on companies with attractive valuation and strong competitive advantages. The Fund concentrates in a select number of sectors and holdings; it seeks the Manager’s best ideas, regardless of company’s size.
Inception Date
Aug 03 1992Number of Holdings
23Investment Goal
Pin Oak Equity Fund seeks long-term capital growth by investing primarily in stocks of any size selected for their growth potential at attractive prices.
Investment Approach
Pin Oak invests primarily in common stocks of U.S. companies. The Fund will generally hold between 25 and 40 common stocks. Our investment process is both top-down and bottom-up; the process involves identifying what we believe to be the most attractive sectors and then narrowing the search to individual stocks, where we employ both quantitative and qualitative factors. The Manager focuses on the long-term merits of an investment, placing significant weight on the durability of the business and the company’s valuation. Perhaps the greatest asset of the fund is the longer time horizon – relative to other market participants. An increasingly short-term oriented market affords greater opportunity for long-term investors, especially when the manager is willing to concentrate in a limited number of sectors and hold out-of-consensus positions. We believe that focusing on the long-term, emphasizing what matters (durability and valuation), and being willing to go against the crowd give us the best chance to outperform the benchmark and our peers over the long-term.
Literature
|
Pin Oak Factsheet
|
View |
|
Pin Oak Summary Prospectus
|
View |
|
Annual Report
|
View |
|
Semi-Annual Report
|
View |
|
Statutory Prospectus
|
View |
|
Statement of Additional Information (SAI)
|
View |
Fund Performance
| POGSX | Morningstar US Market Index | |
|---|---|---|
| 1 Year | -24.95 | -16.78 |
| 3 Year | 2.43 | 9.63 |
| 5 Year | 5.10 | 9.88 |
| 10 Year | 10.45 | 12.47 |
| Inception Date | Aug 03, 1992 |
| POGSX | Morningstar US Market Index | |
|---|---|---|
| 1 Year | -24.35 | -17.78 |
| 3 Year | 1.62 | 7.58 |
| 5 Year | 4.55 | 8.67 |
| 10 Year | 9.72 | 11.40 |
| Inception Date | Aug 03, 1992 |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an Investor’s shares, when redeemed, may not be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-462-5386.
The Morningstar U.S. Market Index is a diversified broad market index that targets 97% market capitalization coverage of the investable universe. One cannot invest directly in an index. The Lipper Multi-Cap Core Funds Average is an average of funds that invest in a variety of market capitalization ranges without concentrating 75% of their equity assets in any one market capitalization range over an extended period of time. Multi-cap core funds typically have an average price-to-earnings ratio, price-to-book ratio, and three-year sales-per-share growth value, compared to the S&P SuperComposite 1500 Index.
Pin Oak Equity Fund ("the Fund") is not sponsored, endorsed, sold or promoted by Morningstar, Inc. or any of its affiliates (all such entities, collectively, "Morningstar Entities"). The Morningstar Entities make no representation or warranty, express or implied, to individuals who invest in the Fund or any member of the public regarding the advisability of investing in equity securities generally or in the Fund in particular or the ability of the Fund to track the Morningstar U.S. Index or general equity market performance. THE MORNINGSTAR ENTITIES DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF PIN OAK EQUITY OR ANY DATA INCLUDED THEREIN AND MORNINGSTAR ENTITIES SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. One cannot invest directly in an index.
Daily
Closing price as of 11/25/2022| Share Price | $66.85 |
| Change | +0.06% |
| Year-to-Date Performance | -22.3% |
Fund Managers
.jpeg)
Portfolio Manager
Managing Member
experience
with Oak
Portfolio Holdings
As of Sep 30, 2022
| Holding | Ticker | |
|---|---|---|
| 9.5 | Alphabet, Inc. | GOOG |
| 9.5 | Amazon.com, Inc. | AMZN |
| 8.1 | McKesson Corp. | MCK |
| 7.0 | Charles Schwab Corp./The | SCHW |
| 5.3 | Amdocs Ltd. | DOX |
| 5.0 | Gentex Corp. | GNTX |
| 4.6 | Assurant, Inc. | AIZ |
| 4.6 | KLA-Tencor Corp. | KLAC |
| 4.6 | Visa, Inc. | V |
| 4.0 | Paychex, Inc. | PAYX |
| 3.4 | Amgen, Inc. | AMGN |
| 3.3 | Medtronic PLC | MDT |
| 3.2 | Bank of New York Mellon Corp./The | BK |
| 3.2 | Meta Platforms, Inc. | META |
| 3.2 | Intuitive Surgical, Inc. | ISRG |
| 3.1 | PayPal Holdings, Inc. | PYPL |
| 3.0 | eBay, Inc. | EBAY |
| 2.9 | Illumina, Inc. | ILMN |
| 2.8 | Alphabet, Inc. | GOOGL |
| 2.2 | GSK PLC | GSK |
| 1.7 | Activision Blizzard, Inc. | ATVI |
| 1.6 | Gilead Sciences, Inc. | GILD |
| 1.5 | Quest Diagnostics, Inc. | DGX |
Important Risk Information:
Mutual fund investing involves risk, including the possible loss of principal. Funds that emphasize investments in technology generally will experience greater price volatility. There are additional risks associated with investing in a single-sector fund with a limited number of holdings versus a more broadly diversified portfolio, including greater sensitivity to economic, political, or regulatory developments impacting the sector. Diversification does not ensure a profit or guarantee against loss. Funds that emphasize investments in smaller or mid-sized companies may experience greater price volatility. Funds that emphasize investments in larger companies may underperform and be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of successful smaller companies. Growth investing has the risk of being more sensitive to changes in current or expected earnings.
The security holdings are presented to illustrate examples of the securities that the fund has bought an the diversity of areas in which the funds may invest, and may not be representative of the fund's current or future investments. Portfolio holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.