Fort Pitt Capital Total Return Fund
Data updated: 2024-06-10
C000100439 — Fort Pitt Capital Total Return Fund. United States Large Cap Value Equity · $62.05M AUM. Holdings, fees, performance and SEC filings.
C000100439 Fund Overview
Fort Pitt Capital Total Return Fund is a US mutual fund managed by Advisors Series Trust, categorised as United States Large Cap 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: Advisors Series Trust
- Category: United States Large Cap Value Equity
- Assets under management: $62.05M
- 1-year return: 22.4%
- SEC CIK: 0001027596
- SEC series ID: S000032592
- Share class ID: C000100439
C000100439 Investment Objective and Strategy
Fort Pitt Capital Total Return Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors Series Trust.
Investment objective
"The Fort Pitt Capital Total Return Fund (the ""Fund"") seeks to realize the combination of long-term capital appreciation and income that will produce maximum total return."
Principal investment strategy
"The Fund has a long-term investment outlook and generally undertakes a ""buy and hold"" strategy in order to reduce turnover and maximize after-tax returns. Under normal market conditions, the Fund will invest primarily in common stocks of large and mid-sized U.S. companies that the Advisor considers to be profitable and which have returns on equity near or higher than their peers, and that the Advisor believes are undervalued as measured by their price-to-earnings (""P/E"") ratio. Return on equity measures how much profit a company generates with the money that shareholders have invested in the company, and is calculated by dividing net income by shareholder equity. The Fund currently considers companies with a market capitalization between $2 billion and $10 billion to be mid-sized companies and companies with a market capitalization over $10 billion to be large-sized companies.
The Fund also may purchase small capitalization stocks (companies with less than $2 billion in market capitalization). A portion of the Fund's assets may also be invested in fixed income investments (primarily U.S. government obligations) w hen the Advisor determines that prospective returns from fixed income securities are competitive with those of common stocks. The percentage of assets allocated between equity and fixed income securities is flexible rather than fixed. The Fund will only invest in fixed income investments which are rated investment grade, or BBB and above as defined by Standard & Poor's Ratings Services (""Standard & Poor's "") or Baa and above by Moody's Investors Service, Inc. (""Moody's""). The Fund may invest in fixed income investments of any maturity. The Fund also may invest up to 10% of its net assets in the securities of foreign issuers, and may invest without limit in American Depositary Receipts (""ADRs""), which are equity securities traded on U.S.
exchanges, that are generally issued by banks or trust companies to evidence ownership of foreign equity securities. The Fund may also invest up to 10% of its net assets in other mutual funds, including exchange-traded funds (""ETFs""). With respect to the selection of stocks in which the Fund invests, the Advisor identifies stocks for investment using its own research and analysis techniques, and supplements its internal research with the research and analysis of major U.S. investment and brokerage firms."
C000100439 Holdings
Top 10 holdings of Fort Pitt Capital Total Return Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Parker-Hannifin Corp | 8.76% |
| Advanced Micro Devices Inc | 7.28% |
| Microsoft Corp | 6.63% |
| Arthur J Gallagher & Co | 6.29% |
| Thermo Fisher Scientific Inc | 4.34% |
| Alphabet Inc | 4.00% |
| Constellation Brands Inc | 3.79% |
| Abbott Laboratories | 3.75% |
| Charles Schwab Corp/The | 3.69% |
| Coherent Corp | 3.61% |
C000100439 Portfolio Allocation
Asset-class allocation of Fort Pitt Capital Total Return Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.1% |
| Cash & Equivalents | 1.0% |
C000100439 Performance
Total returns for C000100439 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.4% |
| 3 years (annualised) | 5.2% |
C000100439 Risk Information
Risk metrics for C000100439, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.3%
C000100439 Costs and Fees
C000100439 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.17%
- Portfolio turnover: 19%
- Brokerage commissions: 0.82 bps of average net assets (SEC N-CEN)
C000100439 Cashflows
Over the 12 months to 2024-04, Fort Pitt Capital Total Return Fund had net inflows of $22.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-04 | −$547.16K |
| 2024-03 | −$761.46K |
| 2024-02 | −$483.92K |
| 2024-01 | $720.23K |
| 2023-12 | $13.45M |
| 2023-11 | $3.45M |
C000100439 Debt Constituents
No individual debt constituents are reported in Fort Pitt Capital Total Return Fund's latest SEC N-PORT filing.
C000100439 Prospectus and SEC Filings
Official Fort Pitt Capital Total Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-23
- Prospectus (485BPOS) — filed 2023-02-23
- Prospectus (485BPOS) — filed 2022-02-24
- Portfolio holdings (N-PORT) — filed 2024-06-10
- Portfolio holdings (N-PORT) — filed 2024-03-22
- Portfolio holdings (N-PORT) — filed 2023-12-26
- Annual census (N-CEN) — filed 2024-01-16
- Annual census (N-CEN) — filed 2023-01-17
Related Funds
Other United States Large Cap 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.