Selected American Shares’ increasingly concentrated portfolio can and has worked against it, but its veteran managers have also proved themselves enough here and on other strategies to merit a Morningstar Analyst Rating of Bronze for its cheaper D shares, while its pricier S shares get Neutral.
Selected American Shares D SLADX
NAV / 1-Day Return
45.47
/
0.29
%
Total Assets
2.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.670%
Expense Ratio
0.670%
Fee Level
Below Average
Longest Manager Tenure
26.82
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
10,000
Status
Open
TTM Yield
0.74%
Turnover
12%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SLADX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SLADX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SLADX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SLADX’s parent organization’s priorities and whether they’re in line with investors’ interests.
More concentrated than in the past.
