Ariel Fund Institutional (ARAIX)
65.15
+0.51
(+0.79%)
USD |
Mar 30 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.67% | 2.665B | 0.76% | 33.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -167.86M | -11.95% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests in small/mid cap undervalued companies that show strong potential for growth. It invests primarily in equity securities of U.S. companies that have market capitalizations within the range of the companies in the Russell 2500TM Index, measured at the time of initial purchase. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ARGFX |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Value |
| Category Index | Russell Mid Cap Value TR USD |
| Global Category Name | US Equity Mid Cap |
| YCharts Categorization | US Mid Cap |
| YCharts Benchmark | Russell Midcap Total Return (^RMCTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Ariel Investments |
| Prospectus Benchmark Index | |
| Russell 2500 Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| John Rogers | 36.34 yrs |
| John Miller | 16.29 yrs |
| Kenneth Kuhrt | 11.17 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
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Category High
1 Year
% Rank:
78
-167.86M
-9.518B
Category Low
10.04B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 30, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 30, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Madison Square Garden Entertainment Corp Ordinary Shares - Class A | 4.85% | 58.98 | 3.13% |
| Affiliated Managers Group Inc | 4.25% | 142.42 | 2.46% |
| Mohawk Industries Inc | 3.99% | 100.23 | 4.02% |
| The Interpublic Group of Companies Inc | 3.94% | 37.24 | 2.13% |
| Boyd Gaming Corp | 3.90% | 64.13 | 2.74% |
| Paramount Global Class B | 3.75% | 22.32 | 2.81% |
| Lazard Ltd Shs A | 3.74% | 33.08 | 2.73% |
| Jones Lang LaSalle Inc | 3.56% | 145.48 | 3.02% |
| Mattel Inc | 3.53% | 18.41 | 3.20% |
| Royal Caribbean Group | 3.51% | 65.32 | 0.93% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | Upgrade |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
Basic Info
| Investment Strategy | |
| The investment seeks long-term capital appreciation. The fund invests in small/mid cap undervalued companies that show strong potential for growth. It invests primarily in equity securities of U.S. companies that have market capitalizations within the range of the companies in the Russell 2500TM Index, measured at the time of initial purchase. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | ARGFX |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Mid-Cap Value |
| Category Index | Russell Mid Cap Value TR USD |
| Global Category Name | US Equity Mid Cap |
| YCharts Categorization | US Mid Cap |
| YCharts Benchmark | Russell Midcap Total Return (^RMCTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Ariel Investments |
| Prospectus Benchmark Index | |
| Russell 2500 Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| John Rogers | 36.34 yrs |
| John Miller | 16.29 yrs |
| Kenneth Kuhrt | 11.17 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-30-23) | 0.76% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (3-31-16) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 12.80 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 12/30/2011 |
| Last Annual Report Date | 9/30/2022 |
| Last Prospectus Date | 2/1/2023 |
| Share Classes | |
| ARGFX | Inv |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |