CBLFX — Cornercap Balanced Fund

Data updated: 2021-06-10

CBLFX — Cornercap Balanced Fund. Money Market · 1.01% expense ratio · 18.1% 1-yr return. Holdings, fees, performance and SEC filings.

CBLFX Fund Overview

CBLFX — Cornercap Balanced Fund is a US mutual fund managed by CornerCap Group of Funds /VA/, 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: CornerCap Group of Funds /VA/
Category: Money Market
1-year return: 18.1%
Ticker: CBLFX
SEC CIK: 0000789280
SEC series ID: S000004376
Share class ID: C000012114

CBLFX Investment Objective and Strategy

Cornercap Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by CornerCap Group of Funds /VA/.

Investment objective

"The investment objective of the CornerCap Balanced Fund (the ""Balanced Fund"") is long-term capital appreciation and current income."

Principal investment strategy

"To meet its investment objective, the Balanced Fund typically invests between 50% and 75% of its total assets in equity securities (common stock and preferred stock) and between 25% and 50% of its total assets in fixed income securities (bonds and money market securities). The Balanced Fund may invest directly in equities or fixed income securities, or in exchange-traded funds (""ETFs"") or other investment companies that hold securities in which the Balanced Fund may directly invest. The Balanced Fund will invest at least 25% of its total assets in equity securities and at least 25% of its total assets in fixed income securities while pursuing its investment objective. Although the Balanced Fund may invest in equity securities of companies of any size, the Balanced Fund invests primarily in U.S.

common stocks of large-cap and mid-cap companies. The Adviser defines large-cap and mid-cap companies as those companies with market capitalizations within the range of the Russell 1000 Index at the time of purchase that the Adviser believes are attractively valued relative to the market. The market capitalization range of the Russell 1000 Index was $306 million to $909.3 billion as of June 30, 2018, and is expected to change frequently. The Adviser uses Fundametrics , the Adviser's proprietary quantitative research system, to select stocks for the Balanced Fund. Fundametrics evaluates all stocks in the Balanced Fund's investible universe with respect to over 120 fundamental factors. Fundametrics was designed to evaluate stocks on many of the same criteria used by a human analyst, but is done using a systematic approach that minimizes human emotion and bias.

Buy and sell decisions are determined by a subset of factors contained within the Fundametrics ""Alpha Composite"" and ""Financial Warnings Overlay"". The Alpha Composite is a combination of alpha seeking factors designed to identify stocks with potential for excess returns. The makeup of the Alpha Composite is primarily valuation-focused factors, but also includes certain growth, momentum and other factors with low correlations to value for diversification purposes. The Financial Warnings Overlay is then applied to the Balanced Fund's investible universe of stocks using a separate set of risk factors designed to identify stocks with risk levels that the Adviser believes will lead to under performance. The Financial Warnings Overlay is designed to avoid high risk stocks that otherwise have attractive valuation metrics.

Potential ""buy"" stocks - those that score highly with respect to the Alpha Composite and pass the Financial Warnings Overlay - are then evaluated with respect to whether they would improve portfolio diversification. The Balanced Fund typically sells stocks that score low on the Alpha Composite or are flagged by the Financial Warnings Overlay as presenting unreasonable risk. The Balanced Fund may invest in corporate fixed income securities of any maturity issued by companies of any size. Generally, the Balanced Fund invests in fixed income securities rated by Moody's Investors Service, Inc. (""Moody's"") or Standard & Poor's Ratings Services (""S&P"") in one of their respective four highest ratings (for Moody's, AAA, AA, A and BAA, and for S&P, AAA, AA, A and BBB), and holds these securities until maturity."

CBLFX Performance

Total returns for CBLFX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	18.1%

CBLFX Risk Information

Risk metrics for CBLFX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 17.9%

CBLFX Costs and Fees

CBLFX costs about $101 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.01%
Gross expense ratio: 1.21%
Portfolio turnover: 62%
Brokerage commissions: 5.50 bps of average net assets (SEC N-CEN)

CBLFX Cashflows

Over the 12 months to 2021-03, Cornercap Balanced Fund had net outflows of $33.00M, from monthly SEC N-PORT filings.

Month	Net flow
2021-03	−$11.70M
2021-02	−$5.91M
2021-01	−$3.43M
2020-12	−$724.39K
2020-11	−$3.82M
2020-10	−$2.52M

CBLFX Debt Constituents

No individual debt constituents are reported in Cornercap Balanced Fund's latest SEC N-PORT filing.

CBLFX Prospectus and SEC Filings

Official Cornercap Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market 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.