Leigh Baldwin Total Return Fund
Data updated: 2025-02-21
C000066369 — Leigh Baldwin Total Return Fund. United States Multi-Cap / All-Cap Blend / Core Equity · $7.99M AUM. Holdings, fees, performance and SEC filings.
C000066369 Fund Overview
Leigh Baldwin Total Return Fund is a US mutual fund managed by Frank Funds, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Frank Funds
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $7.99M
- 1-year return: 15.9%
- SEC CIK: 0001281790
- SEC series ID: S000022879
- Share class ID: C000066369
C000066369 Investment Objective and Strategy
Leigh Baldwin Total Return Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Frank Funds.
Investment objective
The Funds investment objective is to provide total return.
Principal investment strategy
The Fund seeks to achieve its investment objective by purchasing equity securities (including common stock, shares of other investment companies, and exchange traded funds) and selling covered calls to generate income to the Fund. The Fund may also purchase put options in conjunction with the covered calls to limit the risk of ownership of the underlying equity securities. The Fund may also hold cash and cash equivalents as a means of reducing the Funds volatility. The Fund will invest in the stocks of primarily U.S. domestic companies of any market capitalization selected based on fundamental research performed by the Funds investment adviser, Leigh Baldwin & Co., LLC (Leigh Baldwin or, as the Funds investment adviser, the Adviser). However, the Fund may also invest in sponsored and unsponsored American Depositary Receipts (ADRs) that represent an indirect investment in foreign companies.
In selecting the stocks for the Fund, the Adviser will focus on companies with long track records of positive earnings and dividend growth. Key factors of a companys growth prospects considered by the Adviser include strong company management and leadership, positive historic growth of company earnings and revenues, the companys leadership position relative to its industry peers, and the estimated sustainability of the companys current and future business plans. Stock investments will also be evaluated on their ability to generate consistent cash flow, via dividends and option income, without extreme price fluctuations. The Adviser will sell stocks for the Fund when the Adviser has determined that there has been a significant change, good or bad, regarding the factors described above. The Adviser will also sell stocks used to cover a call option sold by the Fund when the option is exercised by the holder of the option.
The Fund may also maintain a position in cash or cash equivalents so that the Adviser has sufficient resources to make investments consistent with the Funds investment objective as opportunities arise without having to sell other holdings.
C000066369 Holdings
Top 3 holdings of Leigh Baldwin Total Return Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| SPDR S&P 500 ETF Trust | 100.38% |
| Options Clearing Corp. | 0.09% |
| Morgan Stanley Institutional Liquidity Funds | 0.06% |
C000066369 Portfolio Allocation
Asset-class allocation of Leigh Baldwin Total Return Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.4% |
| Derivatives | 0.1% |
| Cash & Equivalents | 0.1% |
C000066369 Performance
Total returns for C000066369 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.9% |
| 3 years (annualised) | 5.9% |
C000066369 Risk Information
Risk metrics for C000066369, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.3%
C000066369 Costs and Fees
C000066369 costs about $210 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.10%
- Gross expense ratio: 3.32%
- Portfolio turnover: 1276%
- Brokerage commissions: 4.61 bps of average net assets (SEC N-CEN)
C000066369 Cashflows
Over the 12 months to 2024-12, Leigh Baldwin Total Return Fund had net outflows of $239.77K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | $59.37K |
| 2024-11 | $1.75K |
| 2024-10 | −$223.46K |
| 2024-09 | −$156.91K |
| 2024-08 | $29.78K |
| 2024-07 | $6.51K |
C000066369 Debt Constituents
No individual debt constituents are reported in Leigh Baldwin Total Return Fund's latest SEC N-PORT filing.
C000066369 Prospectus and SEC Filings
Official Leigh Baldwin Total Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus (485BPOS) — filed 2023-10-30
- Prospectus (485BPOS) — filed 2022-10-31
- Portfolio holdings (N-PORT) — filed 2025-02-21
- Portfolio holdings (N-PORT) — filed 2024-11-22
- Portfolio holdings (N-PORT) — filed 2024-08-19
- Annual census (N-CEN) — filed 2024-09-10
- Annual census (N-CEN) — filed 2023-09-08
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core 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.