AKRIX — Akre Focus Fund, Institutional Class

AKRIX Fund Overview

AKRIX — Akre Focus Fund, Institutional Class is a US mutual fund managed by Professionally Managed Portfolios, categorised as United States Mid Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Professionally Managed Portfolios
• Category: United States Mid Cap Blend / Core Industrials Equity
• Assets under management: $12.47B
• 1-year return: 14.7%
• Ticker: AKRIX
• SEC CIK: 0000811030
• SEC series ID: S000026760
• Share class ID: C000080287

AKRIX Investment Objective and Strategy

Akre Focus Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Professionally Managed Portfolios.

Investment objective

The Akre Focus Fund (the Fund) seeks to achieve long-term capital appreciation.

Principal investment strategy

Under normal market conditions, the Fund invests primarily in securities of companies listed on U.S. stock exchanges. Investments consist primarily of common stocks of companies of any size market capitalization range. The Fund may also invest in preferred stocks, warrants, options, and other equity-like instruments, such as partnership interests, limited liability company interests, business trust shares and rights, Real Estate Investment Trusts (REITs), and other securities that are convertible into equity securities. The Fund may invest up to 15% of its total assets in securities issued by foreign issuers, including in American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), Global Depositary Receipts (GDRs), and directly in foreign equity securities. Additionally, the Fund may participate in securities lending arrangements of up to 33-1/3% of its total asset value with brokers, dealers, and financial institutions (but not individuals) in order to increase the return on its portfolio.

Akre Capital Management, LLC (the Advisor) principally seeks to identify companies which may earn higher-than-average returns on shareholders equity; are managed, in the Advisors judgment, by individuals who have a history of treating public shareholders like partners; and have ample opportunity to reinvest excess profits at above-average rates. Once a potential investment is identified, the Advisor attempts to purchase shares at valuations the Advisor considers modest-to-reasonable, relative to the nature of the business, and the expected growth in economic value per share. The Fund is non-diversified under the Investment Company Act of 1940, as amended (the 1940 Act), and may invest a larger percentage of its assets in fewer issuers than diversified mutual funds. The Advisor may sell a security for a variety of reasons, including, without limitation: (1) a security subsequently fails to meet the Advisors initial investment criteria; (2) an issuer specific event, such as an acquisition or recapitalization that changes the fundamental operations of the company; (3) upon comparative analysis, a new security is judged to be more attractive than a current holding; (4) views change of the individual holdings as well as the general market; or (5) when something changes for the worse in the business model, management or governance, or future opportunity for reinvestment.

AKRIX Holdings

Top 10 holdings of Akre Focus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all AKRIX holdings

AKRIX Portfolio Allocation

Asset-class allocation of Akre Focus Fund by percentage of net assets, from the latest SEC N-PORT filing.

AKRIX Performance

Total returns for AKRIX (as of 2026-10-01), from SEC filings.

AKRIX Risk Information

Risk metrics for AKRIX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 14.11%

AKRIX Costs and Fees

AKRIX costs about $106 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.06%
• Gross expense ratio: 1.06%
• Portfolio turnover: 5%
• Brokerage commissions: 0.43 bps of average net assets (SEC N-CEN)

AKRIX Cashflows

Over the 12 months to 2025-07, Akre Focus Fund had net outflows of $1.61B, from monthly SEC N-PORT filings.

AKRIX Debt Constituents

No individual debt constituents are reported in Akre Focus Fund's latest SEC N-PORT filing.

AKRIX Prospectus and SEC Filings

Official Akre Focus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2024-11-20
• Prospectus (485BPOS) — filed 2022-11-18
• Prospectus supplement (497) — filed 2024-09-20
• Portfolio holdings (N-PORT) — filed 2025-09-26
• Portfolio holdings (N-PORT) — filed 2025-06-30
• Portfolio holdings (N-PORT) — filed 2025-03-31
• Annual census (N-CEN) — filed 2024-10-09
• Annual census (N-CEN) — filed 2023-10-10

Related Funds

Other United States Mid Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:

• Global X U.S. Infrastructure Development ETF (PAVE)
• First Trust RBA American Industrial Renaissance ETF (AIRR)
• State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF (XAR)
• iShares U.S. Infrastructure ETF (IFRA)
• Invesco S&P 500 Equal Weight Industrials ETF (RSPN)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.