Fund Evaluator:
Neiman Large Cap Value A (NEAMX)
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Fund Details
Neiman Large Cap Value A Overview
Neiman Large Cap Value A (NEAMX) is an actively managed U.S. Equity Large Value fund. Neiman Funds launched the fund in 2012.
The investment seeks long-term capital appreciation. The fund invests primarily in common stocks of large capitalization companies that the investment adviser believes are undervalued. Large capitalization companies are defined as those with market capitalizations within the universe of the S&P 500 Index at the time of purchase. Under normal circumstances, it will invest at least 80% of total assets in common stocks of large capitalization companies.
About Neiman Large Cap Value A (NEAMX)
There are 1 members of the management team with an average tenure of 23.43 years: Daniel Neiman (2003). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Neiman Large Cap Value A has 34 securities in its portfolio. The top 10 holdings constitute 45.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Neiman Large Cap Value A is part of the Equity global asset class and is within the U.S. Equity fund group. Neiman Large Cap Value A has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.5%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Neiman Large Cap Value A has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NEAMX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Neiman Large Cap Value A expense ratio is high compared to funds in the Large Value category. Neiman Large Cap Value A has an expense ratio of 1.30%, which is 40% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Neiman Large Cap Value A. By way of comparison, the average portfolio turnover is 63% for the Large Value category.
Recently, in the month of August 2026, Neiman Large Cap Value A returned 2.6%, which earned it a grade of A, as the Large Value category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Neiman Large Cap Value A has a trailing yield of 0.68%, which is below the 1.17% category average. The fund normally distributes its income semi-annually and its capital gains semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Neiman Large Cap Value A Grades
Year to date, the fund has returned 22.4%, 6.3 percentage points better than the category, which translates into a grade of A. The fund has returned 31.0% over the past year (grade of A), 19.9% over the past three years (grade of A) and 12.1% per year over the past five years (grade of B) and 10.7% per year over the past 10 years (grade of D).
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NEAMX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NEAMX Return (NAV) | 2.6% | 5.2% | 31.0% | 19.9% | 12.1% | 10.7% |
| NEAMX Grade | A | D | A | A | B | D |
| +/- Category | 1.0% | -1.0% | 9.4% | 2.6% | 1.4% | -0.7% |
| Large Value Avg | 1.6% | 6.2% | 21.6% | 17.3% | 10.7% | 11.4% |
| NEAMX Tax Cost Ratio | na | na | 0.3% | 0.4% | 1.0% | 1.3% |
NEAMX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NEAMX Return (NAV) | 22.4% | 18.7% | 13.5% | 6.1% | -5.2% | 23.7% | -6.0% | 23.5% | -8.3% | 19.0% | 10.4% |
| NEAMX Grade | A | A | C | F | C | D | F | D | C | B | F |
| +/- Category | 6.3% | 3.6% | -0.7% | -5.7% | 0.9% | -2.0% | -9.8% | -2.1% | 0.1% | 2.5% | -4.1% |
| Large Value Avg | 16.1% | 15.1% | 14.1% | 11.8% | -6.1% | 25.7% | 3.9% | 25.6% | -8.5% | 16.5% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 10.2% |
| Total Risk Index: | 0.84 - Average |
| Category Risk Index: | 0.86 - Low |
| Category Risk Grade: | A (6% Rank) |
| Beta: | 0.69 |
| R-Squared: | 76% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.7% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Semi-Annually |
| Total Assets: | $52 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 0% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 23.4 years | |||
| Average Tenure: 23.4 years | |||
| Managers (Year): Neiman Daniel (2003) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 45.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 99.5% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | Neiman Funds |
| Phone Number: | 877-385-2720 |
| Website: | www.neimanfunds.com |
| Status: | Open |
| Inception Date: | August 1, 2012 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.30% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Neiman Large Cap Value No-Load |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
