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13D Activist A (DDDAX)

15.86 Down 0.14(0.88%) Apr 28

Profile as of Mar 30, 2016Get Profile for:
13D Activist A
c/o Gemini Fund Services, LLC17605 WRIGHT STREETOMAHA NE 68130
Phone: 877-413-3228
Fund Overview 
Category:Mid-Cap Blend
Fund Family:13D Management LLC
Net Assets:239.24M
Year-to-Date Return:1.33%
Morningstar Rating:2 stars
Fund Inception Date:Dec 28, 2011
Morningstar Style Box 
Mid-Cap Blend
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Ken Squire
Lead Manager since Dec 28, 2011
Ken Squire, Managing Director of 13D Management LLC, founded 13D Management in 2010. Mr. Squire is also the founder and principal of 13D Monitor/Activist, a research firm specializing in reporting to subscribers on 13D filings and shareholder activism. Prior to founding 13D Monitor/Activist in 2006, Mr. Squire was a private equity investor as a principal of LSC Investors and Crown Capital Group, where he worked on various investments in public and private companies, starting in 1997. Previously, Mr. Squire was an associate in the Corporate and Securities Department at Weil, Gotshal & Manges, LLP in their New York law office from 1992 to 1997. Mr. Squire holds a B.S. with a concentration in finance from New York University's Stern School and a J.D. from New York University School of Law where he was an editor of Law Review.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:2,500
Min Initial Investment, AIP:2,500
Min Subsequent Investment:500
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:100
DDDAX can be purchased from 20 brokerages.

Fund Summary 
The investment seeks capital appreciation. The fund invests primarily in common stocks of U.S. companies of any market capitalization that are the target of shareholder activism. The adviser defines an activist situation as one where an investor holds more than 5% of a company's shares and either (A) has a history of activist investing and/or (B) has a publicly disclosed catalyst for change such as seeking Board seats, improving operations and/or corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 15, 2014) : 0.00
Annual Holdings Turnover (Dec 29, 2015) : 122.00%
Average for Category:53.59%
Fees & Expenses 
ExpenseDDDAXCategory Avg
Annual Report Expense Ratio (net):1.75%1.16%
Prospectus Net Expense Ratio:1.75%N/A
Prospectus Gross Expense Ratio:1.75%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:5.75%5.46%
Max Deferred Sales Load: N/A1.74%
3 Yr Expense Projection*:1,094505
5 Yr Expense Projection*:1,469770
10 Yr Expense Projection*:2,5191,592
* Per $10,000 invested