- What does HULEX invest in?
- The fund invests primarily in a diversified portfolio of common stocks, normally investing at least 80% of its net assets (plus borrowings for investment purposes) in large capitalization U.S. companies ("large cap companies") whose stocks are considered by the adviser to be undervalued. The adviser currently considers large cap companies to be those with market capitalizations in the range of those found in the Bloomberg U.S. 1000® Value Index, although the portfolio will generally consist of stocks with a market capitalization of $1 billion or above at time of initial purchase.
- What is the expense ratio of HULEX?
- Huber Select Large Cap Value Fund Institutional Class (HULEX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HULEX?
- Huber Select Large Cap Value Fund Institutional Class (HULEX) manages $491.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is HULEX actively managed or an index fund?
- HULEX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (HULEX's is 0.91%) because there's no security selection cost.
- When was HULEX launched?
- Huber Select Large Cap Value Fund Institutional Class (HULEX) launched in October 2011 and is managed by the fund issuer.
- How has HULEX performed?
- HULEX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
