The Robeco Boston Partners All Cap Value Investor Shares Fund (MUTF: BPAVX) is a diversified IRA fund that primarily seeks long-term growth of capital in value investments that the managers thing are bargain stocks to buy. Generating income via dividends is a secondary objective.
The Robeco Boston fund invests in the common securities of a broad universe of domestic and foreign issuers, and may also participate in initial public offerings and borrow for investment purposes. The All Cap Value fund may appeal to long-term investors as well as retirees.
Here are the specifics for the Robeco Boston Partners All Cap Value Investor Shares Fund for today’s mutual fund spotlight:
Investing Strategy: Most of the fund’s assets are invested in stocks, but it may invest up to 10% of net assets in securities that can be converted into common stock. Almost 98% of the fund’s assets are in stocks. Most of the remaining assets are in cash reserves.
Expense Ratio: The fund has an expense ratio of 0.95% and no transaction fee and is one of the lower priced funds in the large blend category sector. It also has a Morningstar Rating of five stars.
Top 5 Holdings: The top stocks in the Robeco Boston Partners All Cap Value Investor Shares Fund include financial company JPMorgan Chase & Co (NYSE: JPM) at 3.54%, pharmaceutical company Pfizer Inc. (NYSE: PFE) at 3.31%, information technology company International Business Machines Corp (NYSE: IBM) at 2.71% gas, chemicals and mining conglomerate Chevron Corporation (NYSE: CVX) at 2.67% and multi-industry holding company Loews Corporation (NYSE: L) at 2.22%.
Returns: The Robeco Boston Partners All Cap Value Investor Shares Fund had a 12-month return of 22.1%, underperforming the broader market’s 24% return over 1 year. Its 5-year return of 5.71% also underperformed the Dow Jones Industrial Average’s 14.11% return and the S&P 500’s 6.19 % return.
Other Fund Statistics
- Total Assets: $280.80 million (as of 7/8/11)
- Minimum Investment: $2,500
- Fund manager: Duilio Ramallo
- Manager’s Tenure: Since August 2005