Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
1.23% 241.30M 4.50% 77.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-7.660M 72.86% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide a high level of income while maintaining the potential for growth. Under normal market conditions, the fund will invest without limit primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol LMCJX
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--70% to 85% Equity
Category Index Morningstar Mod Agg Tgt Risk TR USD
Prospectus Objective Income
Fund Owner Firm Name Miller Value Funds
Prospectus Benchmark Index
ICE BofA US High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Bill Miller 7.09 yrs
Bill Miller 7.09 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 33
-7.660M
-4.545B Category Low
548.08M 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 March 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
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As of April 09, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
-14.76%
14.07%
16.41%
-8.19%
24.63%
-2.93%
17.38%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
10.39%
-5.45%
-7.36%
6.64%
3.50%
-8.22%
18.37%
-2.75%
15.35%
8.30%
-1.58%
10.50%
13.27%
-5.16%
18.84%
4.88%
7.73%
3.20%
-3.01%
6.81%
20.51%
-8.92%
26.40%
13.49%
7.24%
5.09%
-2.49%
7.82%
16.71%
-6.52%
22.16%
14.08%
8.33%
As of April 09, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (4-9-21) 4.50%
30-Day SEC Yield (2-28-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 11.97
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
Bond
Current Yield 6.61%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of December 31, 2020

Fund Details

Key Dates
Inception Date 2/28/2014
Last Annual Report Date 9/30/2020
Last Prospectus Date 1/31/2021
Share Classes
LCMNX C
LMCKX Other
LMCLX Inst
LMCMX Other
Attributes
Enhanced Index Fund No
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

Asset Allocation

As of December 31, 2020.
Type % Net % Long % Short
Cash 1.20% Upgrade Upgrade
Stock 46.54% Upgrade Upgrade
Bond 45.11% Upgrade Upgrade
Convertible 3.15% Upgrade Upgrade
Preferred 3.28% Upgrade Upgrade
Other 0.72% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Bed Bath & Beyond 5.165%
8.52% -- --
Alliance Resource Operating Partners Lp/Alliance Resource Finance Corp 7.5%
5.98% -- --
Apollo Global Management Inc Class A 5.28% 47.03 1.01%
The Chemours Co 4.91% 27.85 1.53%
Atlas Corp 4.89% 14.14 0.57%
Lumen Technologies Inc 7.6%
4.80% -- --
Curo Group Holdings Corp 8.25%
4.22% -- --
Diebold Nixdorf Incorporated 8.5%
4.13% -- --
Onemain Holdings Inc 4.07% 54.84 0.98%
Alrosa Pjsc
3.57% -- --

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load Upgrade
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks to provide a high level of income while maintaining the potential for growth. Under normal market conditions, the fund will invest without limit primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol LMCJX
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--70% to 85% Equity
Category Index Morningstar Mod Agg Tgt Risk TR USD
Prospectus Objective Income
Fund Owner Firm Name Miller Value Funds
Prospectus Benchmark Index
ICE BofA US High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Bill Miller 7.09 yrs
Bill Miller 7.09 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (4-9-21) 4.50%
30-Day SEC Yield (2-28-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 11.97
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
Bond
Current Yield 6.61%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of December 31, 2020

Fund Details

Key Dates
Inception Date 2/28/2014
Last Annual Report Date 9/30/2020
Last Prospectus Date 1/31/2021
Share Classes
LCMNX C
LMCKX Other
LMCLX Inst
LMCMX Other
Attributes
Enhanced Index Fund No
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