Leuthold Select Industries Fund
Morningstar Rating™ Overall among 375 Mid-Cap Blend funds as of 03.31.23 based on risk-adjusted returns.†
|Retail (LSLTX)||$32.96 ($-0.20)||15.40%||Jun 2000|
Download the quarterly report to get the latest update in printable form on the Leuthold Select Industries Fund including performance, statistics, and commentary.Quarterly Report
|Performance as of 09/30/2023||LSLTX||S&P 500||S&P MidCap 400||S&P 600 SmallCap|
|Since Inception (LSLTX-6/19/2000)||8.24||6.67||8.67||8.87|
Performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. For performance data current to the most recent month-end, please call Leuthold Funds’ Shareholder Services, toll-free: 1-800-273-6886.
The S&P 600 Small Cap Index is an index of small-cap stocks which tracks a broad range of small-sized companies that meet specific liquidity and stability requirements, determined by the specific metrics as public float, market capitalization, and finanical viability among other factors.
S&P 500 is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy. The S&P 500 is an index only and cannot be invested in directly. Performance return figures are historical and reflect the change in share price, reinvested distributions, change in net asset value, and capital gains distributions, if any.
- The S&P 600 Small Cap Index and S&P 500 are indexes only and cannot be invested in directly. Fund performance return figures are historical and reflect the change in share price, reinvested distributions, change in net asset value, and capital gains distributions, if any.
Expense Ratio Disclosure: Per the Prospectus dated 1/31/2023, annual net operating expense after expense reimbursement is 1.50%; gross operating expense before reimbursement is 1.86%. Adviser has contractually agreed to reimburse the Fund for ordinary operating expenses >1.50%. In any of the following three fiscal years, the Adviser may recover waived fees. Current contract runs through 11/13/2023. Please refer to the Prospectus for a more detailed explanation of the expense ratios.
|Individual Retirement Account (IRA):||$1,000|
|Regular (non-IRA) Account:||$10,000|
*Risks of Investing
As disclosed in the prospectus, the risks of investing in the Fund include, but are not limited to, interest rate risk, market risk, short sale risk, high portfolio turnover risk, currency risk, foreign securities risk, emerging markets risk, foreign securities risk, asset allocation risk, and quantitative investment approach risk. Investing in foreign securities presents risks that may be greater than U.S. securities. These risks include, but are not limited to, currency rate fluctuations, regulatory differences, accounting standards, higher trading costs, and political risks. Please read the prospectus carefully before you invest (1-800-273-6886).
† Morningstar Rating™ or “star rating”: For funds with at least a 3-year history, a risk-adjusted-return measure is calculated to account for variation in monthly performance, placing more emphasis on downward variations and rewarding consistency. The top 10% of funds in each category receive 5 stars, next 22.5%=4 stars, next 35%=3 stars, next 22.5%=2 stars, and bottom 10%=1 star. The “Overall” Rating is derived from a weighted average of the 3-, 5-, and 10-year ratings. Within the Mid-Cap Blend category for the 3-, 5-, and 10-year periods, respectively, LSLTX is rated 4, 4, and 5 stars, among 375, 351, and 224 funds. ©2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Leuthold Funds’ adviser pays a license fee for the use of Morningstar Ratings™