The Fund’s objective seeks to provide long-term capital appreciation by investing in a concentrated portfolio of Small to Mid-Cap U.S. companies.
PHILLIP COOK Co-CIO & Principal
Fact Sheet
Commentary
Summary Prospectus
Prospectus
Annual Report
Semi-Annual Report
SAI
Schedule F (12.31.2021)
Share Class | Ticker | Inception Date | Expense Ratio (Gross/Net)* | Minimum Initial Investment | 12b-1 Fees |
Class N | SSEFX | 04/10/2012 | 1.49%/1.34% | $2,000 | 0.25% |
Class I | SSEIX | 04/10/2012 | 1.24%/1.09% | $100,000 |
Fund | Fund Assets | Holdings | 5-Year Turnover | Weighted Avg. Market Cap |
U.S. Equity Fund | $48 million | 20 | 29.5% | $7.5 billion |
As of 05/26/2022 | ||
Ticker | NAV | Daily Change ($) |
SSEFX | $15.37 | +$0.25 |
SSEIX | $15.30 | +$0.24 |
Month-end Performance as of 4/30/2022
1 Month | QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
SSEFX (%) | -5.65 | -5.65 | -5.29 | -6.40 | 12.97 | 6.84 | 8.18 | 8.41 |
SSEIX (%) | -5.61 | -5.61 | -5.20 | -6.16 | 13.24 | 7.11 | 8.45 | 8.68 |
Russell 2500 (%) | -8.52 | -8.52 | -13.84 | -11.73 | 9.20 | 9.44 | 11.17 | 11.58 |
Russell 2500 Value (%) | -6.78 | -6.78 | -8.18 | -3.70 | 9.10 | 7.69 | 10.33 | 10.74 |
Quarter-end Performance as of 3/31/2022
1 Month | QTD | YTD | 1 Year | 3 Year | 5 Year | Since Inception | |
SSEFX (%) | 3.60 | 0.37 | 0.37 | 2.97 | 16.56 | 8.33 | 9.12 |
SSEIX (%) | 3.62 | 0.44 | 0.44 | 3.20 | 16.86 | 8.60 | 9.39 |
Russell 2500 (%) | 1.59 | -5.82 | -5.82 | 0.34 | 13.79 | 11.57 | 12.69 |
Russell 2500 Value (%) | 2.11 | -1.50 | -1.50 | 7.73 | 12.98 | 9.19 | 11.62 |
Calendar year performance
2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
SSEFX (%) | 22.44 | 13.10 | 31.27 | -23.38 | 10.41 | 16.35 | -10.82 | 1.12 | 36.45 |
SSEIX (%) | 22.67 | 13.75 | 31.60 | -23.13 | 10.67 | 16.60 | -10.60 | 1.35 | 36.84 |
Russell 2500 (%) | 18.18 | 19.99 | 27.77 | -10.00 | 16.81 | 17.59 | -2.90 | 7.07 | 36.80 |
Russell 2500 Value (%) | 27.78 | 4.88 | 23.56 | -12.36% | 10.36 | 25.20 | -5.49 | 7.11 | 33.32 |
Ticker | Name | GICS Sector | % of Fund |
DAR | Darling Ingredients, Inc. | Consumer Staples | 7.67% |
DY | Dycom Industries, Inc. | Industrials | 5.74% |
UNVR | Univar Solutions USA, Inc. | Industrials | 5.71% |
BCO | The Brink's Co. | Industrials | 5.28% |
AGCO | AGCO Corp. | Industrials | 5.07% |
WSO | Watsco, Inc. | Industrials | 5.05% |
PII | Polaris, Inc. | Consumer Discretionary | 5.00% |
CR | Crane Co. | Industrials | 4.95% |
CCMP | CMC Materials, Inc. | Information Technology | 4.85% |
TKR | Timken Co. | Industrials | 4.84% |
MUSA | Murphy USA, Inc. | Consumer Discretionary | 4.65% |
THO | Thor Industries, Inc. | Consumer Discretionary | 4.47% |
BR | Broadridge Financial Solutions, Inc. | Information Technology | 4.17% |
AWI | Armstrong World Industries, Inc. | Industrials | 4.07% |
SAM | The Boston Beer Co, Inc. | Consumer Staples | 3.75% |
IEX | IDEX Corp. | Industrials | 3.68% |
WRK | WestRock Co. | Materials | 3.42% |
CLH | Clean Harbors, Inc. | Industrials | 3.15% |
LHCG | LHC Group, Inc. | Health Care | 3.01% |
WU | Western Union Co. | Information Technology | 2.77% |
Cash & Equivalents | Cash | 8.72% |
Class N Distributions
Ex-Date | Total Distribution | Income | Short-term Cap Gains | Long-term Cap Gains |
14-Dec-21 | $2.1765 | - | - | $2.1765 |
16-Dec-20 | $0.0566 | $0.0566 | - | - |
16-Dec-19 | $0.1256 | $0.1256 | - | - |
27-Dec-18 | $0.7198 | $0.0472 | - | $0.6726 |
27-Dec-17 | $0.0022 | $0.0022 | - | - |
27-Dec-16 | $0.0178 | $0.0178 | - | - |
28-Dec-15 | $0.5057 | $0.0243 | - | $0.4814 |
26-Dec-14 | $0.3224 | - | $0.1521 | $0.1703 |
27-Mar-14 | $0.0888 | - | $0.0042 | $0.0846 |
20-Dec-13 | $0.1728 | $0.0143 | $0.0750 | $0.0835 |
20-Dec-12 | $0.8879 | $0.0707 | $0.1392 | $0.6780 |
Class I Distributions
Ex-Date | Total Distribution | Income | Short-term Cap Gains | Long-term Cap Gains |
14-Dec-21 | $2.1765 | - | - | $2.1765 |
16-Dec-20 | $0.0935 | $0.0935 | - | - |
16-Dec-19 | $0.1532 | $0.1532 | - | - |
27-Dec-18 | $0.8110 | $0.1384 | - | $0.6726 |
27-Dec-17 | $0.0478 | $0.0478 | - | - |
27-Dec-16 | $0.0500 | $0.0500 | - | - |
28-Dec-15 | $0.5602 | $0.0759 | - | $0.4843 |
26-Dec-14 | $0.3369 | $0.0142 | $0.1524 | $0.1703 |
27-Mar-14 | $0.0954 | $0.0066 | $0.0042 | $0.0846 |
20-Dec-13 | $0.1848 | $0.0263 | $0.0750 | $0.0835 |
20-Dec-12 | $0.8997 | $0.0825 | $0.1392 | $0.6780 |
MICHAEL COOK
Founder, Chief Executive Officer and Co-Chief Investment Officer
Mr. Cook is the Founder, Chief Executive Officer and Co-Chief Investment Officer of SouthernSun Asset Management. In his over 35 years of experience as a research analyst and portfolio manager, Mr. Cook has developed a unique investment philosophy and process that serves as the core of SouthernSun’s strategies. Mr. Cook has appeared on CNBC, Fox Business News, and Bloomberg TV and has been featured in Bloomberg Markets Magazine, Barron’s, and The Wall Street Journal as well as several other widely respected investment-oriented publications. Mr. Cook is an Associate Fellow and a member of the Principal’s Inner Circle at Green Templeton College, University of Oxford. He serves on the Advisory Council of the Fogelman College of Business and Economics at the University of Memphis and on the boards of Cave Pictures Publishing, Omeq Medical, Thriving Cities Group and Kinrise Real Estate, Ltd. Mr. Cook also is the co-founder of LauraBelle Productions.
PHILLIP COOK
Co-Chief Investment Officer & Principal
Mr. Cook joined SouthernSun in 2006. He is responsible for coordination of research and communication within the Investment Team and is responsible for the research and analysis of existing portfolio companies as well as new ideas. He also provides input on portfolio management and construction. Prior to joining SouthernSun, Mr. Cook served as the Analyst to the Chairman and CEO of Trivest Partners, a Miami-based private equity firm focused on middle-market LBOs. He received his B.S. in International Business, summa cum laude, from Auburn University. Mr. Cook serves on the Board of Su Casa Family Ministries.