Beck Mack + Oliver Partners Fund
BMPEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Three Canal Plaza Portland ME United States of America 4101
- IPO Date
- Dec 1, 2009
- CIK
- 0000315774
- Website
- beckmack.com
- Similar Companies
- Business
- Beck Mack + Oliver Partners Fund (BMPEX) is a non-diversified open-end mutual fund that seeks long-term capital appreciation consistent with the preservation of capital by investing primarily in a concentrated portfolio of common stocks and securities convertible into or exercisable for common stocks issued by domestic and foreign companies of any size, including small- and mid-capitalization firms; the fund may also invest in securities of business development companies and other registered investment companies that invest in such entities, with decisions driven by intensive fundamental research to identify financially strong businesses with attractive growth prospects trading at discounts to intrinsic value. The fund emphasizes sectors such as financial services, healthcare, technology, industrials, and consumer cyclical, with top holdings including Blackstone Inc., RadNet Inc., Apollo Global Management Inc., Microsoft Corp., and Alphabet Inc.; it benchmarks performance against the S&P 500 Index and maintains a low portfolio turnover rate, recently at 11%. Managed by Beck Mack + Oliver LLC, a partner-owned investment adviser founded in 1931 and headquartered at 565 Fifth Avenue, New York, New York, the firm oversees approximately $5.9 billion in total assets across separately managed accounts, equity and fixed income strategies, cash management, and this mutual fund, serving high-net-worth individuals, institutions, endowments, and family offices primarily in the United States. The fund, originally established as a commingled vehicle in April 1991 and converted to a mutual fund series of Forum Funds Trust in December 2009, features a net expense ratio of 1.00%, daily pricing, a minimum initial investment of $2,500, and portfolio managers Richard Fitzgerald (since 2016) and John Ellis (since 2023). Recent developments include portfolio adjustments as of mid-2025, with new positions in Fiserv Inc., Ryan Specialty Holdings Inc., Bel Fuse Inc., Cummins Inc., and The Goldman Sachs Group Inc., alongside increased stakes in Ferguson Enterprises and Ashtead Group PLC, reflecting ongoing active management amid a total net asset value of approximately $76 million.