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

Long-Short (JAZZX)


NAV as of: 04/23/2019 $10.78 - Daily NAV change: $0.00 (0.00%)
Fund CharacteristicsAs 0f: 03/31/2019
TickerJAZZX
Inception Date05/23/2011
Cusip470259797
Total Net Assets as of 04/23/2019 ($mil)$16.82
Price/Earnings Ratio (12m trailing)13.64
Price/Book Ratio4.65
Dividend Yield2.27
Weighted Average Market Capitalization ($ mil)109,466.2
Median Market Capitalization ($ mil)37,442.5
Total Number of Equity Issues47
Portfolio Turnover Rate (annualized as of Fiscal Year-End 11/01/18)171.00%

Fund Operating Expenses: Prospectus 11/01/2018

Management Fee1.24%
Distribution (12b-1) Fee0.25%
Other Expenses0.02%
Acquired Fund Fees and Expenses(AFFE)0.02%
Dividend Expense on Securites sold short0.07%
Total Annual Fund Operating Expenses1.61%

Market Capitalization Equity HoldingsAs of: 03/31/2019

(Less than $250 mil )0.00%
($250 - $1,000 mil)0.00%
($1,000 - $4,000 mil)11.82%
($4,000 - $7,000 mil)0.00%
(Greater than $7,000 mil)88.18%
Total 100.00%

Risk Measures (3yr Trailing)As of: 03/31/2019

Beta0.87
R-Squared0.81
Standard Deviation10.51
Sharpe Ratio0.08

Capture Ratios (3yr Trailing)As of: 03/31/2019

Up CaptureDown CaptureOverall
vs. Benchmark Index44.74%102.61%43.60%

Top 5 Contributors to PerformanceAs of: 03/31/2019

AVERY DENNISON CORP
MICRON TECHNOLOGY INC
CISCO SYSTEMS INC
THE TRAVELERS COMPANIES, INC
MOTOROLA SOLUTIONS INC

Fund Income DataAs of: 03/31/2019

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: 03/31/2019

(Less than $250 mil ) 0.00%
($250 - $1,000 mil) 0.00%
($1,000 - $4,000 mil) 0.00%
($4,000 - $7,000 mil) 22.67%
(Greater than $7,000 mil) 77.33%
Total100.00%

Short CharacteristicsAs of: 03/31/2019

Total Number of Equity Issues 0.00
Fund CharacteristicsAs 0f: 03/31/2019
TickerJAZZX
Inception Date05/23/2011
Cusip470259797
Total Net Assets as of 04/23/2019 ($mil)$16.82
Price/Earnings Ratio (12m trailing)13.64
Price/Book Ratio4.65
Dividend Yield2.27
Weighted Average Market Capitalization ($ mil)109,466.2
Median Market Capitalization ($ mil)37,442.5
Total Number of Equity Issues47
Portfolio Turnover Rate (annualized as of Fiscal Year-End 11/01/18)171.00%

Fund Operating Expenses: Prospectus 11/01/2018

Management Fee1.24%
Distribution (12b-1) Fee0.25%
Other Expenses0.02%
Acquired Fund Fees and Expenses(AFFE)0.02%
Dividend Expense on Securites sold short0.07%
Total Annual Fund Operating Expenses1.61%

Market Capitalization Equity HoldingsAs of: 03/31/2019

(Less than $250 mil )0.00%
($250 - $1,000 mil)0.00%
($1,000 - $4,000 mil)11.82%
($4,000 - $7,000 mil)0.00%
(Greater than $7,000 mil)88.18%
Total 100.00%

Risk Measures (3yr Trailing)As of: 03/31/2019

Beta0.87
R-Squared0.81
Standard Deviation10.51
Sharpe Ratio0.08

Capture Ratios (3yr Trailing)As of: 03/31/2019

Up CaptureDown CaptureOverall
vs. Benchmark Index44.74%102.61%43.60%

Top 5 Contributors to PerformanceAs of: 03/31/2019

AVERY DENNISON CORP
MICRON TECHNOLOGY INC
CISCO SYSTEMS INC
THE TRAVELERS COMPANIES, INC
MOTOROLA SOLUTIONS INC

Fund Income DataAs of: 03/31/2019

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: 03/31/2019

(Less than $250 mil ) 0.00%
($250 - $1,000 mil) 0.00%
($1,000 - $4,000 mil) 0.00%
($4,000 - $7,000 mil) 22.67%
(Greater than $7,000 mil) 77.33%
Total100.00%

Short CharacteristicsAs of: 03/31/2019

Total Number of Equity Issues 0.00

Asset AllocationAs of: 03/31/2019

Longs 87.00%
Cash 16.48%
Shorts -3.48%
Total 100.00%

Top Five Sector AllocationsAs of: 03/31/2019

Finance 20.30%
Technology 18.81%
Industrial 10.47%
Consumer Cyclical 10.42%
Consumer Non-Cyclical 10.08%
Total as % of Fund70.08%

Top Five Industry AllocationsAs of: 03/31/2019

Utilities-Electric 5.82%
Information Processing-Indiv Comput-Network 4.79%
Banks-Multinational 4.53%
Drugs-Ethical 4.35%
Insurance-Property & Casualty 4.33%
Total as % of Fund23.82%
 

Top Ten Equity Holdings (% of Fund)As of: 03/31/2019

JPMorgan Chase & Co 4.53%
Travelers Cos Inc/The 4.33%
Celanese Corp 4.23%
Deere & Co 3.95%
Avery Dennison Corp 3.93%
Pfizer Inc 3.16%
Cisco Systems Inc 2.93%
Motorola Solutions Inc 2.75%
United Rentals Inc 2.67%
Micron Technology Inc 2.61%
Total as % of Fund35.08%

Region Exposure Top ThreeAs of: 03/31/2019

United States of America 100.00%
Argentina 0.00%
42 4,200.00%
Total as % of Fund4,300.00%

Bottom 5 Contributors to PerformanceAs of: 03/31/2019

SAGE THERAPEUTICS INC (short)
MATTEL INC (short)
INCYTE CORPORATION (short)
KROGER CO.
WYNN RESORTS LTD (short)

Top Five Sector Allocations (Fixed) As of: 03/31/2019

Total as % of Fund0.00%

Top Five Industry Allocations (Fixed) As of: 03/31/2019

Total as % of Fund0.00%

Top Five Sector Allocations (Shorts Only) As of: 03/31/2019

Technology -2.80%
Finance -0.68%
Not Applicable 0.00%
Total as % of Fund-3.48%

Top Five Industry Allocations (Shorts Only) As of: 03/31/2019

Medical-Biotechnology -2.01%
Other (Technology) -0.79%
Banks-Multinational -0.68%
Not Classified 0.00%
Total as % of Fund-3.48%

Asset AllocationAs of: 03/31/2019

Longs 87.00%
Cash 16.48%
Shorts -3.48%
Total 100.00%

Top Five Sector AllocationsAs of: 03/31/2019

Finance 20.30%
Technology 18.81%
Industrial 10.47%
Consumer Cyclical 10.42%
Consumer Non-Cyclical 10.08%
Total as % of Fund70.08%

Top Five Industry AllocationsAs of: 03/31/2019

Utilities-Electric 5.82%
Information Processing-Indiv Comput-Network 4.79%
Banks-Multinational 4.53%
Drugs-Ethical 4.35%
Insurance-Property & Casualty 4.33%
Total as % of Fund23.82%
 

Top Ten Equity Holdings (% of Fund)As of: 03/31/2019

JPMorgan Chase & Co 4.53%
Travelers Cos Inc/The 4.33%
Celanese Corp 4.23%
Deere & Co 3.95%
Avery Dennison Corp 3.93%
Pfizer Inc 3.16%
Cisco Systems Inc 2.93%
Motorola Solutions Inc 2.75%
United Rentals Inc 2.67%
Micron Technology Inc 2.61%
Total as % of Fund35.08%

Region Exposure Top ThreeAs of: 03/31/2019

United States of America 100.00%
Argentina 0.00%
42 4,200.00%
Total as % of Fund4,300.00%

Bottom 5 Contributors to PerformanceAs of: 03/31/2019

SAGE THERAPEUTICS INC (short)
MATTEL INC (short)
INCYTE CORPORATION (short)
KROGER CO.
WYNN RESORTS LTD (short)

Top Five Sector Allocations (Fixed) As of: 03/31/2019

Total as % of Fund0.00%

Top Five Industry Allocations (Fixed) As of: 03/31/2019

Total as % of Fund0.00%

Top Five Sector Allocations (Shorts Only) As of: 03/31/2019

Technology -2.80%
Finance -0.68%
Not Applicable 0.00%
Total as % of Fund-3.48%

Top Five Industry Allocations (Shorts Only) As of: 03/31/2019

Medical-Biotechnology -2.01%
Other (Technology) -0.79%
Banks-Multinational -0.68%
Not Classified 0.00%
Total as % of Fund-3.48%

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.

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.
© 2019 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)