USA Mutuals Vitium Global Fund
Data updated: 2021-04-05
C000014988 — USA Mutuals Vitium Global Fund. Money Market · $109.70M AUM · 1.49% expense ratio. Holdings, fees, performance and SEC filings.
C000014988 Fund Overview
USA Mutuals Vitium Global Fund is a US mutual fund managed by USA Mutuals, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: USA Mutuals
- Category: Money Market
- Assets under management: $109.70M
- 1-year return: -0.9%
- SEC CIK: 0001137095
- SEC series ID: S000005505
- Share class ID: C000014988
C000014988 Investment Objective and Strategy
USA Mutuals Vitium Global Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by USA Mutuals.
Investment objective
The investment objective of the USA Mutuals Vice Fund (the Vice Fund or the Fund) is long-term growth of capital.
Principal investment strategy
The Vice Fund, a diversified investment company, invests primarily in equity securities ( i.e. , common stocks, preferred stocks and securities convertible into common stocks) of small, medium and large capitalization companies, which include U.S. issuers and foreign issuers, including those whose securities are traded in foreign jurisdictions, as well as those whose securities are traded in the U.S. as American Depositary Receipts (ADRs). Under normal market conditions, the Vice Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies that derive a significant portion of their revenues from a group of vice industries that includes the alcoholic beverages, defense/aerospace, gaming and tobacco industries. The Fund will concentrate at least 25% of its net assets in this group of four vice industries (but no more than 80% of its net assets in any single industry).
The Vice Fund will also participate in other strategies in an attempt to generate incremental returns, including short selling of securities and certain options strategies. Use of these strategies may vary depending upon market and other conditions, and may be limited by regulatory and other constraints to which the Fund is subject. For cash management purposes or due to a lack of suitable investment opportunities, the Vice Fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities. For temporary defensive purposes, the Fund may invest up to 100% of its total assets in high-quality, short-term debt securities and money market instruments. These short-term debt securities and money market instruments include commercial paper, certificates of deposit, bankers acceptances, shares of money market mutual funds, U.S.
Government securities and repurchase agreements.
C000014988 Performance
Total returns for C000014988 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.9% |
C000014988 Risk Information
Risk metrics for C000014988, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 31.8%
C000014988 Costs and Fees
C000014988 costs about $149 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.49%
- Gross expense ratio: 1.67%
- Portfolio turnover: 32%
- Brokerage commissions: 4.09 bps of average net assets (SEC N-CEN)
C000014988 Cashflows
Over the 12 months to 2020-12, USA Mutuals Vitium Global Fund had net inflows of $47.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $7.60M |
| 2020-11 | $3.95M |
| 2020-10 | $2.68M |
| 2020-09 | $2.20M |
| 2020-08 | $3.97M |
| 2020-07 | $3.71M |
C000014988 Debt Constituents
No individual debt constituents are reported in USA Mutuals Vitium Global Fund's latest SEC N-PORT filing.
C000014988 Prospectus and SEC Filings
Official USA Mutuals Vitium Global Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-12
- Prospectus (485BPOS) — filed 2019-08-06
- Prospectus (485BPOS) — filed 2018-08-10
- Portfolio holdings (N-PORT) — filed 2021-02-10
- Portfolio holdings (N-PORT) — filed 2020-11-25
- Portfolio holdings (N-PORT) — filed 2020-08-14
- Annual census (N-CEN) — filed 2021-04-05
- Annual census (N-CEN) — filed 2020-06-08
Related Funds
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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.