Thomas White American Opportunities Fund Investor Class
TWAOX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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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
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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
- One Financial Place,
- IPO Date
- Jan 2, 2019
- CIK
- 0000918949
- Similar Companies
- Business
- Thomas White American Opportunities Fund Investor Class (TWAOX) is a mutual fund that seeks long-term capital growth by investing at least 80% of its net assets in equity securities, principally common stocks of mid- and small-size U.S. companies selected through a valuation-driven investment style; it benchmarks performance against the Russell Midcap Index and employs a relatively low portfolio turnover approach to limit shareholder taxes. The fund offers Investor Class shares with no front-end or back-end loads, a redemption fee of up to 2.00%, and operates within the Lord Asset Management Trust, advised by Thomas White International, Ltd., which provides systematic equity strategies including U.S. large- and mid-cap portfolios. Founded in 1999 and headquartered in Chicago, Illinois, at 440 South LaSalle Street, Suite 3900, the fund targets institutional and retail investors seeking exposure to undervalued U.S. mid-cap opportunities with greater price fluctuation potential compared to larger companies. The fund maintains a focused portfolio of domestic equities without fixed income or derivatives as core holdings, emphasizing stock selectivity by a senior investment committee led by Thomas S. White, Jr., Chairman and Chief Investment Officer of the adviser. It serves taxable and tax-exempt accounts across the U.S., with assets under management recently reported around $4 million as of late 2022. Geographically, operations center on U.S. markets, with advisory support from Thomas White International's Chicago headquarters and its Bangalore research office. In July 2023, Thomas White International, Ltd., the fund's longtime investment adviser, was acquired by Ramirez Asset Management, with former TWI professionals transitioning to the Ramirez Equity team, marking a significant ownership and operational shift for the fund's management. No major new product launches, funding rounds, or additional acquisitions involving the fund directly have been reported since inception through 2025; the structure remains part of the Thomas White Funds family under Lord Asset Management Trust. This acquisition enhances the adviser's resources while preserving the fund's core mid-cap value strategy amid stable regulatory filings with the SEC.