Greenspring Fund Inc
Data updated: 2023-08-23
C000016098 — Greenspring Fund Inc. Money Market · $122.01M AUM · 1.11% expense ratio · 10.4% 1-yr return. Holdings, fees, performance and SEC filings.
C000016098 Fund Overview
Greenspring Fund Inc is a US mutual fund managed by Greenspring Fund Inc, 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: Greenspring Fund Inc
- Category: Money Market
- Assets under management: $122.01M
- 1-year return: 10.4%
- SEC CIK: 0000711322
- SEC series ID: S000005877
- Share class ID: C000016098
C000016098 Investment Objective and Strategy
Greenspring Fund Inc describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Greenspring Fund Inc.
Investment objective
The Greenspring Funds (the Fund) primary investment objective is long-term capital appreciation through a total return approach to investing.
Principal investment strategy
The Fund invests in stocks its investment adviser, Corbyn Investment Management, Inc. (Corbyn or the Adviser), believes are undervalued at the time of purchase and fixed income investments, including corporate, convertible, and high yield bonds (sometimes referred to as below investment grade bonds or junk bonds) that have the potential to provide income, capital appreciation or a combination of both. The Fund invests primarily in securities of U.S. issuers. The Fund may invest in companies of any market capitalization that its Adviser believes are undervalued relative to historical valuations, the companys peers, the securities market in general or its value as a private company and provide an attractive risk/reward value. The Adviser utilizes a bottom-up approach whereby it researches individual companies regardless of the industry.
The Funds investment style is typically referred to as a value investing approach. The Fund may also invest in companies in the process of financial restructuring or liquidation. If the Fund cannot find securities that meet its investment criteria, or for cash management purposes, it may invest in high-quality, short-term money market instruments, including money market funds. The size of the Funds cash reserves may reflect the Advisers ability to find securities that meet its investment strategies rather than the market outlook.
C000016098 Holdings
Top 10 holdings of Greenspring Fund Inc by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Republic Services Inc | 7.54% |
| KBR Inc | 5.06% |
| J2 Global Inc | 4.68% |
| First American Treasury Obliga | 4.50% |
| Alphabet Inc | 4.41% |
| Primis Financial Corp | 3.68% |
| United Parcel Service Inc | 3.36% |
| Medtronic PLC | 3.10% |
| Cisco Systems Inc/Delaware | 3.00% |
| Johnson Controls International | 2.96% |
C000016098 Portfolio Allocation
Asset-class allocation of Greenspring Fund Inc by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 86.9% |
| Fixed Income | 7.7% |
| Cash & Equivalents | 5.3% |
C000016098 Performance
Total returns for C000016098 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 10.4% |
| 3 years (annualised) | 15.2% |
C000016098 Risk Information
Risk metrics for C000016098, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.0%
C000016098 Costs and Fees
C000016098 costs about $111 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.11%
- Gross expense ratio: 1.11%
- Portfolio turnover: 11%
- Brokerage commissions: 4.09 bps of average net assets (SEC N-CEN)
C000016098 Cashflows
Over the 12 months to 2023-06, Greenspring Fund Inc had net inflows of $48.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-06 | $2.54M |
| 2023-05 | $3.28M |
| 2023-04 | $12.27M |
| 2023-03 | $1.81M |
| 2023-02 | $2.65M |
| 2023-01 | $1.10M |
C000016098 Debt Constituents
Largest debt holdings of Greenspring Fund Inc by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| J2 Global | 0.82% |
| Tennant Co. | 0.72% |
| Fireeye, Inc. | 0.68% |
| Welbilt, Inc. | 0.67% |
| Cinemark USA, Inc. | 0.47% |
| Spectrum Brands, Inc. | 0.44% |
| Credit Acceptanc | 0.37% |
| United Rentals North Am | 0.36% |
| Cdk Global, Inc. | 0.27% |
| Mpt Oper Partnersp/finl | 0.26% |
C000016098 Prospectus and SEC Filings
Official Greenspring Fund Inc filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-26
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-28
- Portfolio holdings (N-PORT) — filed 2023-08-23
- Portfolio holdings (N-PORT) — filed 2023-05-22
- Portfolio holdings (N-PORT) — filed 2023-03-01
- Annual census (N-CEN) — filed 2023-03-14
- Annual census (N-CEN) — filed 2022-02-25
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.