Monteagle Opportunity Equity Instl
HEQCX
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
- Ohio 44147 Chicago IL United States of America 60606
- IPO Date
- Jun 15, 2011
- CIK
- 0001055744
- Website
- harborfunds.com
- Similar Companies
- Business
- Monteagle Opportunity Equity Fund Institutional Class (HEQCX) is an open-end mutual fund that seeks growth of capital by investing substantially all of its assets in securities listed on national securities exchanges; it emphasizes long-term capital appreciation and safety of principal through a portfolio consisting primarily of common stocks of companies exhibiting undervalued assets, strong balance sheets, high earnings expectations, and quality management with growth potential. Under normal circumstances, the Fund allocates more than 90% of its total assets to such domestic common stocks across companies of any market capitalization, typically holding positions until issuer fundamentals change; up to 20% may be invested in U.S.-traded common stocks of foreign issuers or American Depositary Receipts. The Fund offers Investor Class shares (HEQFX) alongside Institutional Class shares, which require a $1,000,000 minimum initial investment for regular accounts and IRAs; it categorizes as a Mid-Cap Blend fund with a net expense ratio of 1.31% for Institutional Class, portfolio turnover of 54%, and total net assets of approximately $16 million as of recent data. The Fund operates within the U.S. equity segment, targeting individual, corporate, and institutional investors seeking value-oriented growth exposure; its portfolio features approximately 88.86% U.S. stocks, 10.53% non-U.S. stocks, and minimal cash holdings. Park Place Capital Corporation d/b/a Park Place Capital, headquartered at 2728 19th Place South, Suite 160, Homewood, Alabama 35209 and founded in 1988, serves as the investment adviser, managing over $698.6 million in assets as of August 31, 2024 and providing operational services under tiered fee schedules. G.W. Henssler & Associates, Ltd., based in Kennesaw, Georgia and providing sub-advisory services since the predecessor fund's inception in January 2016, handles day-to-day portfolio management through its Investment Committee. Recent major developments include the appointment of Jacob Keen, CFA, as Director of Investments, and Nick Antonucci, CVA, CEPA, as Director of Research, both joining William G. Lako, Jr., CFP, on the Fund's Investment Committee and assuming portfolio management responsibilities in September 2024. These changes strengthen the sub-adviser's team amid continued focus on fundamental analysis factors such as price, price history, and price-to-earnings ratios; no significant acquisitions, funding rounds, partnerships, or strategic shifts specific to HEQCX were reported in the last 1-2 years, with prospectus updates reflecting stable operations as of December 27, 2024.