Overview

Investment Objective

James Aggressive Allocation Fund seeks to provide total return through a combination of growth and income. Preservation of capital in declining markets is a secondary objective.

Quick Stats03/31/2021

2.35%
Avg. Annual Return
5.42%
YTD Return
$11.21
Daily Price
04/19/2021
$24 M
Net Assets
Previous Month03/31/21
High: $11
Low: $10.48

Investment Strategy

The James Aggressive Allocation Fund is a portfolio comprised of both equity and debt securities that seeks return primarily through growth and income and secondarily through preservation of capital. Under normal circumstances, the Fund invests primarily in equity securities of foreign and domestic companies that the Adviser believes are undervalued, and in high quality fixed income securities. The Fund will normally hold both equity securities and fixed income securities, with typically at least 60% of its assets in equity securities and at least 15% of its assets in fixed income securities. On occasion, the Fund could hold as little as 50% in equity securities or as high as 100%.

Equity securities that the Fund will principally invest in are common stocks, preferred stocks and exchange traded funds ("ETFs") that invest primarily in equity securities. Some or all of the equity portion of the Fund may be invested in small and micro capitalization companies. Fixed income securities that the Fund will principally invest in are U.S. government securities, corporate bonds, municipal bonds and/or sovereign bonds of any maturity, as well as ETFs that invest primarily in such securities. Any non-U.S. government securities in the Fund's portfolio will consist primarily of issues rated "Baa2" or better by Moody's Investors Service, Inc. ("Moody's") or "BBB" or better by Standard & Poor's Ratings Group ("S&P") and unrated securities determined by the Adviser to be of equivalent quality, as well as high quality money market instruments.

Daily Prices (NAV)04/19/2021

Prices are usually updated each business day by 7 pm EST.

Ticker Expense Ratio Price / Share $ Change % Change 52 Week High 52 Week Low
JAVAX 0.99% 11.21 -0.06 -0.53 11.27 8.72
Date Fund Price $ Change %

Fund Performance

    Daily Price & YTD ReturnData as of 04/19/2021 Total % ReturnData as of 03/31/2021 Average AnnualTotal % Return as of 03/31/2021  
Fund Name Ticker Price / Share $ Change YTD YTD 1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr S.I.
Aggressive Allocation
Inception Date: 07/01/2015
Total Expense Ratio: (0.99%)
JAVAX 11.21 -0.06 8.41 5.42 1.96 5.42 30.57 1.73 4.28 - 2.35
65% Russell 3000 Index 35% Barclays U.S. Govt. 2.56 1.79 2.56 38.15 13.22 12.14 - 10.67
Russell 3000 Index 6.35 3.58 6.35 62.53 17.12 16.64 - 14.10
    Daily Price & YTD ReturnData as of 04/19/2021 Total % ReturnData as of 03/31/2021 Average AnnualTotal % Return as of 03/31/2021  
Fund Name Ticker Price / Share $ Change YTD YTD 1 Mo 3 Mo 1 Yr 3 Yr 5 Yr 10 Yr S.I.
Aggressive Allocation
Inception Date: 07/01/2015
Total Expense Ratio: (0.99%)
JAVAX 11.21 -0.06 8.41 5.42 1.96 5.42 30.57 1.73 4.28 - 2.35
65% Russell 3000 Index 35% Barclays U.S. Govt. 2.56 1.79 2.56 38.15 13.22 12.14 - 10.67
Russell 3000 Index 6.35 3.58 6.35 62.53 17.12 16.64 - 14.10

The performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The average annual total returns assume reinvestment of income, dividends and capital gains distributions and reflect changes in net asset value. You should note that the James Advantage Funds are professionally managed mutual funds while the indices are unmanaged, do not incur expenses and are not available for investment.

Fund Returns

Ticker

JAVAX

03/31/21 1.96%
02/28/21 1.91%
01/31/21 1.45%
12/31/20 3.36%
11/30/20 6.10%

Calendar Year Total Returns

Holdings and Details

Top Five Sector Allocations03/31/2021

INFORMATION TECHNOLOGY 14.56%
CONSUMER DISCRETIONARY 10.13%
FINANCIALS 9.31%
INDUSTRIALS 9.31%
HEALTH CARE 8.07%

Total as % of Fund 51.38%

Top Five Industry Allocations03/31/2021

SEMICONDUCTOR EQUIPMENT 3.93%
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS 3.57%
INTERACTIVE MEDIA & SERVICES 3.32%
REGIONAL BANKS 3.31%
AGRICULTURAL & FARM MACHINERY 3.29%

Total as % of Fund 17.42%

Top Ten Equity Holdings (% of Fund)03/31/2021

Apple Inc 2.00%
ASML Holding NV 1.97%
Lam Research Corp 1.96%
Home Depot Inc/The 1.82%
Alphabet Inc 1.70%
AGCO Corp 1.68%
United Rentals Inc 1.65%
NetEase Inc 1.63%
Deere & Co 1.61%
PayPal Holdings Inc 1.60%

Total as % of Fund 17.62%

Region Exposure Top Three03/31/2021

United States of America 87.88%
International 5.96%
Netherlands 1.97%

Total as % of Fund 95.81%

Subject to change

Fund Characteristics03/31/2021

TickerJAVAX
Inception Date07/01/2015
Cusip470259789
Total Net Assets as of 04/19/2021 ($mil)$24.30
Price/Earnings Ratio (12m trailing) 29.62
Price/Book Ratio 9.65
Dividend Yield 1.17
Weighted Average Market Capitalization ($ mil) 247,857.7
Median Market Capitalization ($ mil)67,152.2
Total Number of Equity Issues64
Total Number of Debt Issues14
Portfolio Turnover Rate (annualized as of Fiscal Year-End 11/01/20)80.00%

Asset Allocation03/31/2021

Equity: 72.72%
Fixed: 21.55%
Cash: 4.98%
Other: 0.75%

Market Capitalization Equity Holdings03/31/2021

(Less than $250 mil ): 0%
($250 - $1,000 mil): 0%
($1,000 - $4,000 mil): 6.49%
($4,000 - $7,000 mil): 2.45%
(Greater than $7,000 mil): 91.06%

Fund Operating Expenses11/01/2020

Management Fee0.96%
Distribution (12b-1) Fee0.00%
Other Expenses0.02%
Acquired Fund Fees and Expenses(AFFE)0.01%
Total Annual Fund Operating Expenses0.99%

Risk Measures (3yr Trailing)03/31/2021

EX-Date Payable Date Reinvestment Price Dividend Type Dividend Amount
12/29/2020 12/30/2020 $10.27 Income $0.0886
12/27/2019 12/30/2019 $10.60 Income $0.1070
12/28/2018 12/31/2018 $9.30 Income $0.0886
12/28/2017 12/29/2017 $10.95 Income $0.0779
12/05/2017 12/06/2017 $10.80 Long Term Cap Gain $0.0000
12/29/2016 12/30/2016 $9.91 Income $0.0886
12/30/2015 12/31/2015 $9.18 Income $0.0313

NAV History

Previous Year Ending 12/31/20
High $10.68 01/17/2020
Low $7.77 03/23/2020
Previous Month Ending 03/31/21
High $11.00 03/15/2021
Low $10.48 03/04/2021

Daily NAV & Distributions

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Economic Outlook

  • Annual Outlook from Fund Advisor
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  • Forecast for Economy, Bonds, Stocks and International

Forms & Reports

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Important Disclosure

You should carefully consider the investment objectives, potential risks, management fees, and charges and expenses of the Fund before investing. The Fund's prospectus contains this and other information about the Fund, and should be read carefully before investing. You may obtain a current copy of the Fund's prospectus by calling 1-800-995-2637 or click here to view or download a prospectus online.

The performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The average annual total returns assume reinvestment of income, dividends and capital gains distributions and reflect changes in net asset value. You should note that the James Advantage Funds are professionally managed mutual funds while the indices are unmanaged, do not incur expenses and are not available for investment.

The performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The average annual total returns assume reinvestment of income, dividends, and capital gains distributions and reflect changes in net asset value. You should note that the James Advantage Funds are professionally managed mutual funds while the indices are unmanaged, do not incur expenses, and are not available for investment.

Mid, Small and Micro Cap investing involve greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat. Fund holdings and sector weightings are subject to change without notice. Past performance is no guarantee of future results.