Ancora Special Oppourtunity Fund

C000012953 Fund Overview

Ancora Special Oppourtunity Fund is a US mutual fund managed by Ancora Trust, categorised as 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: Ancora Trust
• Category: Value Equity
• Assets under management: $13.20M
• SEC CIK: 0001260667
• SEC series ID: S000004760
• Share class ID: C000012953

C000012953 Investment Objective and Strategy

Ancora Special Oppourtunity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ancora Trust.

Investment objective

The investment objective of Ancora Special Opportunity Fund (the Fund) is to obtain a high total return, through a combination of income and capital appreciation in the value of its shares.

Principal investment strategy

The Fund pursues its objective of obtaining a high total return by seeking out and investing in companies which the Advisor believes have the potential for superior returns. Under normal circumstances, at least 80% of the assets of the Fund will be invested in publicly traded equity securities of such companies (such as common stock, preferred stock and securities convertible into common or preferred stock), including equity securities of closed-end funds. Examples of companies in which the Fund may invest include (i) companies which have lost significant market value, if the Advisor believes the fortunes of these companies may be more favorable in the future, (ii) companies which are undergoing financial restructuring or which may be repositioning themselves in the marketplace for their products or services, and (iii) companies having products or services which are new and untested or which may gain wider acceptance in the future.

Securities in the Fund will tend to be of companies with micro and small capitalizations (that is, with market capitalizations of less than $2 billion), but this will not be a requirement. The Fund may also invest in common and preferred shares of closed-end investment companies (also known as closed-end funds) and shares of ETFs.)

C000012953 Costs and Fees

C000012953 costs about $284 per $10,000 invested per year in fund expenses.

• Net expense ratio: 2.84%
• Gross expense ratio: 2.84%
• Portfolio turnover: 103%
• Brokerage commissions: 21.26 bps of average net assets (SEC N-CEN)

C000012953 Cashflows

Over the 12 months to 2020-03, Ancora Special Oppourtunity Fund had net inflows of $333.28K, from monthly SEC N-PORT filings.

C000012953 Debt Constituents

No individual debt constituents are reported in Ancora Special Oppourtunity Fund's latest SEC N-PORT filing.

C000012953 Prospectus and SEC Filings

Official Ancora Special Oppourtunity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-05-07
• Prospectus (485BPOS) — filed 2019-05-13
• Prospectus (485BPOS) — filed 2018-05-17
• Portfolio holdings (N-PORT) — filed 2020-05-29
• Annual census (N-CEN) — filed 2020-03-11
• Annual census (N-CEN) — filed 2019-03-11

Related Funds

Other Value Equity funds tracked on ABC INVEST:

• ICON Fund (ICNCX)
• Leland Real Asset Opportunities Fund (GHTAX)
• American Beacon The London Company Income Equity ETF (TLIE)
• FT Vest Laddered Autocallable Buffer & Resilient Income ETF (ACYB)
• Janus Henderson International Equity Enhanced Income ETF (JIDO)

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.