Open an account Secure login Tax Information
James Advantage Funds
1.800.99.JAMES (1-800-995-2637)

Long-Short (JAZZX)


NAV as of: 02/22/2017 $14.03 - Daily NAV change: $-0.03 (-0.21%)
Fund CharacteristicsAs 0f: 01/31/2017
TickerJAZZX
Inception Date05/23/2011
Cusip470259797
Total Net Assets as of 02/22/2017 ($mil)$22.68
Price/Earnings Ratio (12m trailing)17.13
Price/Book Ratio3.97
Dividend Yield2.06
Weighted Average Market Capitalization ($ mil)44,202.2
Median Market Capitalization ($ mil)11,727.0
Total Number of Equity Issues61
Portfolio Turnover Rate (annualized as of Fiscal Year-End 11/01/16)171.00%

Fund Operating Expenses: Prospectus 11/01/2016

Management Fee1.25%
Distribution (12b-1) Fee0.25%
Other Expenses0.75%
Acquired Fund Fees and Expenses(AFFE)0.03%
Dividend Expense on Securites sold short0.25%
Total Annual Fund Operating Expenses2.53%

Market Capitalization Equity HoldingsAs of: 01/31/2017

(Less than $250 mil )0.00%
($250 - $1,000 mil)0.28%
($1,000 - $4,000 mil)30.50%
($4,000 - $7,000 mil)8.80%
(Greater than $7,000 mil)60.42%
Total 100.00%

Risk Measures (3yr Trailing)As of: 01/31/2017

Beta0.68
R-Squared0.64
Standard Deviation8.98
Sharpe Ratio0.42

Capture Ratios (3yr Trailing)As of: 01/31/2017

Up CaptureDown CaptureOverall
vs. Benchmark Index49.29%77.77%63.38%

Top 5 Contributors to PerformanceAs of: 01/31/2017

MCDERMOTT INTL INC
UNITED RENTALS INC
LYDALL INC
CELANESE CORP-SERIES A
JPMORGAN CHASE & CO

Fund Income DataAs of: 01/31/2017

Average Duration to Worst Warning: number_format() expects parameter 1 to be double, string given in /home/bculpepper/www.jamesfunds.com/httpdocs/common/holdings-data-left.php on line 478

Market Capitalization Equity HoldingsAs of: 01/31/2017

(Less than $250 mil ) 0.00%
($250 - $1,000 mil) 0.00%
($1,000 - $4,000 mil) 0.00%
($4,000 - $7,000 mil) 0.00%
(Greater than $7,000 mil) 100.00%
Total100.00%

Short CharacteristicsAs of: 01/31/2017

Price/Book Ratio 13.03
Dividend Yield 0.77
Weighted Average Market Capitalization ($mil) 50,298.0
Median Market Capitalization ($mil) 18,303.7
Total Number of Equity Issues 24.00
Fund CharacteristicsAs 0f: 12/31/2016
TickerJAZZX
Inception Date05/23/2011
Cusip470259797
Total Net Assets as of 02/22/2017 ($mil)$22.68
Price/Earnings Ratio (12m trailing)17.14
Price/Book Ratio3.72
Dividend Yield2.06
Weighted Average Market Capitalization ($ mil)45,179.3
Median Market Capitalization ($ mil)10,699.6
Total Number of Equity Issues62
Portfolio Turnover Rate (annualized as of Fiscal Year-End 11/01/16)171.00%

Fund Operating Expenses: Prospectus 11/01/2016

Management Fee1.25%
Distribution (12b-1) Fee0.25%
Other Expenses0.75%
Acquired Fund Fees and Expenses(AFFE)0.03%
Dividend Expense on Securites sold short0.25%
Total Annual Fund Operating Expenses2.53%

Market Capitalization Equity HoldingsAs of: 12/31/2016

(Less than $250 mil )0.00%
($250 - $1,000 mil)0.28%
($1,000 - $4,000 mil)30.51%
($4,000 - $7,000 mil)8.83%
(Greater than $7,000 mil)60.38%
Total 100.00%

Risk Measures (3yr Trailing)As of: 12/31/2016

Beta0.70
R-Squared0.65
Standard Deviation9.28
Sharpe Ratio0.21

Capture Ratios (3yr Trailing)As of: 12/31/2016

Up CaptureDown CaptureOverall
vs. Benchmark Index48.54%81.81%59.33%

Top 5 Contributors to PerformanceAs of: 12/31/2016

JPMORGAN CHASE & CO
CELANESE CORP-SERIES A
MCDERMOTT INTL INC
LYDALL INC
TORO COMPANY

Fund Income DataAs of: 12/31/2016

Average Duration to Worst Warning: number_format() expects parameter 1 to be double, string given in /home/bculpepper/www.jamesfunds.com/httpdocs/common/holdings-data-left.php on line 478

Market Capitalization Equity HoldingsAs of: 12/31/2016

(Less than $250 mil ) 0.00%
($250 - $1,000 mil) 0.00%
($1,000 - $4,000 mil) 0.00%
($4,000 - $7,000 mil) 0.79%
(Greater than $7,000 mil) 99.21%
Total100.00%

Short CharacteristicsAs of: 12/31/2016

Price/Book Ratio 11.81
Dividend Yield 0.81
Weighted Average Market Capitalization ($mil) 47,608.9
Median Market Capitalization ($mil) 17,261.8
Total Number of Equity Issues 25.00

Asset AllocationAs of: 01/31/2017

Longs 98.21%
Cash 11.30%
Shorts -9.51%
Total 100.00%

Top Five Sector AllocationsAs of: 01/31/2017

Basic Materials 15.91%
Technology 15.84%
Finance 14.31%
Industrial 12.93%
Consumer Non-Cyclical 12.05%
Total as % of Fund71.05%

Top Five Industry AllocationsAs of: 01/31/2017

Utilities-Electric 6.61%
Aerospace-Defense 5.97%
Chemicals-Diversified 5.30%
Chemicals-Specialty 4.91%
Utilities-Telecommunications 4.90%
Total as % of Fund27.70%
 

Top Ten Equity Holdings (% of Fund)As of: 11/30/2016

Celanese Corp 4.03%
Travelers Cos Inc/The 3.69%
Northrop Grumman Corp 3.22%
JPMorgan Chase & Co 2.95%
Vonage Holdings Corp 2.59%
Lydall Inc 2.54%
Goodyear Tire & Rubber Co/The 2.47%
American Outdoor Brands Corp 2.32%
Verizon Communications Inc 2.21%
Edison International 2.19%
Total as % of Fund28.21%

Region Exposure Top ThreeAs of: 01/31/2017

United States of America 96.98%
United Kingdom 1.75%
Canada 0.70%
Total as % of Fund99.43%

Bottom 5 Contributors to PerformanceAs of: 01/31/2017

SMITH & WESSON HOLDING CORP
BARRICK GOLD CORP F
WORKDAY INC CLASS A (short)
TESLA MOTORS INC (short)
VANECK VECTORS JR GOLD MINER ETF

Top Five Sector Allocations (Fixed) As of: 01/31/2017

Total as % of Fund0.00%

Top Five Industry Allocations (Fixed) As of: 01/31/2017

Total as % of Fund0.00%

Top Five Sector Allocations (Shorts Only) As of: 01/31/2017

Technology -2.65%
Energy -2.55%
Consumer Non-Cyclical -1.40%
Consumer Cyclical -1.28%
International -0.84%
Total as % of Fund-8.72%

Top Five Industry Allocations (Shorts Only) As of: 01/31/2017

Oil-Drilling -1.71%
Information Processing-Software & Services -1.56%
Other (Consumer Non-Cyclical) -0.96%
Retail-Special Lines -0.85%
Foreign-Trading In Adrs -0.84%
Total as % of Fund-5.93%

Asset AllocationAs of: 12/31/2016

Longs 95.75%
Cash 13.22%
Shorts -8.97%
Total 100.00%

Top Five Sector AllocationsAs of: 12/31/2016

Basic Materials 15.28%
Technology 15.22%
Finance 14.34%
Industrial 12.22%
Consumer Non-Cyclical 11.80%
Total as % of Fund68.86%

Top Five Industry AllocationsAs of: 12/31/2016

Utilities-Electric 6.44%
Aerospace-Defense 5.95%
Utilities-Telecommunications 4.96%
Chemicals-Diversified 4.93%
Chemicals-Specialty 4.81%
Total as % of Fund27.09%
 

Top Ten Equity Holdings (% of Fund)As of: 10/31/2016

Celanese Corp 3.80%
Travelers Cos Inc/The 3.60%
Northrop Grumman Corp 3.02%
Vonage Holdings Corp 2.76%
American Outdoor Brands Corp 2.69%
JPMorgan Chase & Co 2.61%
Edison International 2.39%
Goodyear Tire & Rubber Co/The 2.39%
PNM Resources Inc 2.24%
Verizon Communications Inc 2.18%
Total as % of Fund27.69%

Region Exposure Top ThreeAs of: 12/31/2016

United States of America 96.86%
United Kingdom 1.85%
Canada 0.71%
Total as % of Fund99.43%

Bottom 5 Contributors to PerformanceAs of: 12/31/2016

SMITH & WESSON HOLDING CORP
AVERY DENNISON CORP
DST SYSTEMS INC
RR DONNELLEY & SONS
BAKER HUGHES INC (short)

Top Five Sector Allocations (Fixed) As of: 12/31/2016

Total as % of Fund0.00%

Top Five Industry Allocations (Fixed) As of: 12/31/2016

Total as % of Fund0.00%

Top Five Sector Allocations (Shorts Only) As of: 12/31/2016

Technology -2.71%
Energy -2.62%
Consumer Non-Cyclical -1.32%
Consumer Cyclical -1.16%
International -0.79%
Total as % of Fund-8.59%

Top Five Industry Allocations (Shorts Only) As of: 12/31/2016

Oil-Drilling -1.76%
Information Processing-Software & Services -1.33%
Other (Consumer Non-Cyclical) -0.88%
Foreign-Trading In Adrs -0.79%
Retail-Special Lines -0.78%
Total as % of Fund-5.53%

Daily NAV & Distributions

Sign Up to receive an email of our quarterly Distributions and our daily NAVs updated
nightly at 7PM EST

Economic Outlook

  • Annual Outlook from Fund Advisor
  • Provides recommendation for Investors
  • Forecast for Economy, Bonds, Stocks and International
Download

Forms & Reports

Need a specific form or application?
From Individual Accounts to Corporate Applications, we have them here!
Get Forms
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.

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.
© 2017 James Advantage Funds

James Advantage Funds are offered only to US citizens and residents and any information on the website is intended solely for that purpose. Nothing on this web site should be considered a solicitation to buy or an offer to sell any James funds in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. For international investors please see Institutional.

Distributed by ALPS Distributors, Inc. 1290 Broadway, Ste 1100, Denver, CO 80203 (Member FINRA)