The Torray Fund
Data updated: 2022-11-21
C000003868 — The Torray Fund. United States Value Equity · $285.02M AUM · 1.07% expense ratio. Holdings, fees, performance and SEC filings.
C000003868 Fund Overview
The Torray Fund is a US mutual fund managed by Torray Fund, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Torray Fund
- Category: United States Value Equity
- Assets under management: $285.02M
- 1-year return: -8.1%
- SEC CIK: 0000862696
- SEC series ID: S000001452
- Share class ID: C000003868
C000003868 Investment Objective and Strategy
The Torray Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Torray Fund.
Investment objective
The Torray Funds (the Fund) investment objectives are to build investor wealth over extended periods and to minimize shareholder capital gains tax liability by limiting the realization of long- and short-term gains.
Principal investment strategy
The Fund views common stock ownership as an investment in a business, and therefore invests for the long term, employing a value-oriented approach to security selection. The Fund invests principally in common stock of large-capitalization companies that generally have demonstrated records of profitability, conservative financial structures, and shareholder-oriented management. The Fund seeks to invest in such companies when it believes that valuations are modest relative to earnings, cash flow or asset values. Large capitalization companies are those with market capitalizations of $8 billion or more. Investments are held as long as the issuers fundamentals remain intact, and the Fund believes issuers shares are reasonably valued. Ordinarily, 90% or more of the Funds assets will be invested in common stocks to the extent the Fund can identify common stocks which satisfy its selection criteria, with the balance held in U.S.
Treasury securities or other cash equivalents. Although the number of holdings may vary, the Fund usually holds between 25 and 40 stocks, with positions in individual issuers generally ranging between 2% and 4% of the Funds assets. Generally, positions in individual issuers will not exceed 5% of Fund assets. The Fund will not invest in excess of 25% of its assets in any one industry and generally does not invest greater than 25% of its assets in any specific group of industries.
C000003868 Performance
Total returns for C000003868 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -8.1% |
| 3 years (annualised) | 1.1% |
C000003868 Risk Information
Risk metrics for C000003868, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.4%
C000003868 Costs and Fees
C000003868 costs about $107 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.07%
- Gross expense ratio: 1.16%
- Portfolio turnover: 36%
- Brokerage commissions: 2.21 bps of average net assets (SEC N-CEN)
C000003868 Cashflows
Over the 12 months to 2022-09, The Torray Fund had net inflows of $99.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | $2.25M |
| 2022-08 | $1.07M |
| 2022-07 | $5.72M |
| 2022-06 | $2.20M |
| 2022-05 | $1.97M |
| 2022-04 | $9.03M |
C000003868 Debt Constituents
No individual debt constituents are reported in The Torray Fund's latest SEC N-PORT filing.
C000003868 Prospectus and SEC Filings
Official The Torray Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-05-05
- Prospectus (485BPOS) — filed 2021-05-17
- Prospectus (485BPOS) — filed 2020-05-14
- Portfolio holdings (N-PORT) — filed 2022-11-21
- Portfolio holdings (N-PORT) — filed 2022-08-15
- Portfolio holdings (N-PORT) — filed 2022-05-16
- Annual census (N-CEN) — filed 2022-03-09
- Annual census (N-CEN) — filed 2021-03-10
Related Funds
Other United States Value Equity funds tracked on ABC INVEST:
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.