FAM Dividend Focus Fund Investor
FAMEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Cobleskill NY 12043 Cobleskill NY United States of America 12043
- IPO Date
- Mar 29, 1996
- CIK
- 0000797136
- Website
- fenimoreasset.com
- Similar Companies
- Business
- FAM Dividend Focus Fund Investor (FAMEX) is an open-end mutual fund that seeks current income and long-term capital appreciation through a value-oriented investment approach focused on mid-cap companies with histories of growing dividends. Managed by Fenimore Asset Management, Inc., the fund primarily invests at least 65% of its assets in income-producing common stocks of established companies demonstrating strong balance sheets, sustainable competitive advantages, and consistent dividend growth; its portfolio emphasizes sectors such as industrials, technology, and healthcare, with top holdings including Trane Technologies plc, Arthur J. Gallagher & Co., and Stryker Corp. The Investor Class shares feature a net expense ratio of 1.22%, no sales loads, and a minimum initial investment of $500, targeting long-term investors seeking dividend income and capital growth. Launched on April 1, 1996, and headquartered in Cobleskill, New York, the fund operates from offices in the U.S. Capital Region and serves investors nationwide through separately managed accounts and the FAM Funds family. In 2024, the fund initiated a new position in Houlihan Lokey, Inc., a leader in mid-market M&A advisory, restructuring, and valuation services, while adding to holdings such as Broadridge Financial Solutions, Entegris, and HEICO Corp.; it fully exited positions in Air Products and Chemicals and T. Rowe Price due to strategic concerns over renewable hydrogen investments and structural headwinds in asset management, respectively, and trimmed stakes in Trane Technologies, Avery Dennison, and Microchip Technology to manage risk. Portfolio managers Paul Hogan and William Preston continue to oversee operations, supported by the recent promotion of Hunter Frayne to Investment Research Analyst after earning the CFA designation. As of December 31, 2024, total net assets stood at approximately $750 million.