Philotimo Focused Growth and Income Fund

Overview

Philotimo Focused Growth and Income Fund is a non-diversified mutual fund that seeks to balance capital appreciation with income generation. The fund primarily invests in a focused portfolio comprising both equity and fixed income securities, generally holding between 10 and 20 positions in each asset class. Its equity exposure includes common stocks, preferred stocks, REITs, and convertible securities, with a strategy that combines growth-oriented investments and dividend-paying companies. Typically, the fund allocates about 75% of its assets to equities and 25% to fixed income, with an emphasis on maintaining roughly half the portfolio in income-generating securities. For fixed income, the fund invests in a broad range of instruments, including U.S. government securities, corporate and convertible bonds, focusing primarily on investment-grade assets but with flexibility to incorporate non-investment grade securities as needed. Sector allocation and asset class proportions are dynamically adjusted based on market and economic conditions, yielding a strategy that aims to capture both upside growth and income stability. As a non-diversified fund, it concentrates its investments, resulting in significant exposure to selected issuers and sectors, which distinguishes it within the balanced fund category. The fund's investment manager is Kanen Wealth Management LLC, led by David L. Kanen, who has over 25 years of experience in the investment industry. Under his leadership, the fund has demonstrated a commitment to active risk management and a focus on preserving investor capital while seeking opportunities for growth and income. The fund's performance has been competitive, with a 1-year total return of 23.72% as of November 30, 2025, placing it in the top percentile of its peer group. This performance reflects the fund's strategic approach to balancing growth and income objectives, leveraging both equity and fixed income investments to achieve its goals. Investors interested in the fund can access more information and investment options through the fund's official website, where they can find detailed reports, prospectuses, and contact information for further inquiries.

Investment Focus

• Minimum initial investment of $2,500

Portfolio Companies