Fund Evaluator:
FAM Dividend Focus Fund Investor (FAMEX)
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Best Performing in Mid-Cap Blend Over the Last Year
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Fund Details
FAM Dividend Focus Fund Investor Overview
FAM Dividend Focus Fund Investor (FAMEX) is an actively managed U.S. Equity Mid-Cap Blend fund. FAM launched the fund in 1996.
The investment seeks to provide current income as well as long-term capital appreciation. The fund's adviser employs a "value approach" in making its common stock selections. Generally, the adviser will attempt to remain fully invested in common stocks and securities that are convertible into common stocks, such as convertible bonds and convertible preferred stocks. The fund may invest in the securities of issuers of all sizes and market capitalizations.
About FAM Dividend Focus Fund Investor (FAMEX)
There are 2 members of the management team with an average tenure of 18.22 years: William Preston (2020), Paul Hogan (1996). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell Mid Cap TR USD index with a weighting of 100%. FAM Dividend Focus Fund Investor has 29 securities in its portfolio. The top 10 holdings constitute 58.1% 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.
FAM Dividend Focus Fund Investor is part of the Equity global asset class and is within the U.S. Equity fund group. FAM Dividend Focus Fund Investor has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.1%. There is 2.3% 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). FAM Dividend Focus Fund Investor has 2.6% of the portfolio in cash.
Assets Under Management
The fund has $636 million in total assets, which is below the $1 billion average for the Mid-Cap Blend 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.
FAMEX 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 FAM Dividend Focus Fund Investor expense ratio is high compared to funds in the Mid-Cap Blend category. FAM Dividend Focus Fund Investor has an expense ratio of 1.22%, which is 25% higher than its category average, making the fund expense ratio grade a D. 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. FAM Dividend Focus Fund Investor has a portfolio turnover rate of 5%, indicating that holds its assets around 0.2 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Blend category.
Recently, in the month of June 2026, FAM Dividend Focus Fund Investor returned 3.2%, which earned it a grade of D, as the Mid-Cap Blend category had an average return of 4.1%. 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.
FAM Dividend Focus Fund Investor has a trailing yield of 0.09%, which is below the 0.47% category average. The fund normally distributes its income quarterly and its capital gains 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.
FAM Dividend Focus Fund Investor Grades
Year to date, the fund has returned 2.6%, 12.7 percentage points worse than the category, which translates into a grade of F. The fund has returned -2.6% over the past year (grade of F), 6.7% over the past three years (grade of F) and 5.2% per year over the past five years (grade of F) and 10.7% per year over the past 10 years (grade of D).
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FAMEX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FAMEX Return (NAV) | 3.2% | 6.9% | -2.6% | 6.7% | 5.2% | 10.7% |
| FAMEX Grade | D | F | F | F | F | D |
| +/- Category | -0.9% | -7.5% | -24.6% | -8.1% | -3.0% | -0.3% |
| Mid-Cap Blend Avg | 4.1% | 14.4% | 22.0% | 14.7% | 8.2% | 11.0% |
| FAMEX Tax Cost Ratio | na | na | 0.9% | 0.6% | 0.5% | 0.7% |
FAMEX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FAMEX Return (NAV) | 2.6% | 1.9% | 7.6% | 19.7% | -13.4% | 25.6% | 13.2% | 32.6% | 0.1% | 12.6% | 21.6% |
| FAMEX Grade | F | F | F | A | B | C | C | A | A | F | A |
| +/- Category | -12.7% | -6.0% | -6.0% | 3.3% | 1.6% | 1.3% | -0.1% | 4.1% | 10.4% | -3.5% | 7.0% |
| Mid-Cap Blend Avg | 15.3% | 8.0% | 13.5% | 16.4% | -15.1% | 24.3% | 13.3% | 28.5% | -10.3% | 16.1% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 13.2% |
| Total Risk Index: | 1.09 - Above Average |
| Category Risk Index: | 0.84 - Low |
| Category Risk Grade: | A (6% Rank) |
| Beta: | 0.74 |
| R-Squared: | 53% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.1% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $636 Mil |
| Fund Total Assets: | $ 636 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 5% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 30.3 years | |||
| Average Tenure: 18.2 years | |||
| Managers (Year): Hogan Paul (1996), Preston William (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 29 |
| % in Top 10 Holdings: | 58.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 95.1% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.6% |
Purchase Information
| Fund Family: | FAM |
| Phone Number: | 800-932-3271 |
| Website: | www.famfunds.com |
| Status: | Open |
| Inception Date: | April 1, 1996 |
| Min. Initial Purchase: | $ 500 |
| Min. Initial IRA Purchase: | $ 100 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.22% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | FAM Dividend Focus Fund Investor |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
