Excelsior Value & Restructuring Fund - UMBIX
16706 views
Rate Now: 1 2 3 4

average rating: 3.80 / 5 ratings
DESCRIPTION:

Date updated:12-06-2007

The fund has a 5 star rating from Morningstar and is run by David Williams. He is a managing director with U.S. Trust Company of New York. Since he took over the Excelsior Value & Restructuring fund (UMBIX) in 1992, it has returned an annualized 17%.

In a recent interview Williams was asked about his strategy and responded with:

"We buy cheap stocks and we buy companies that are restructuring. There are a lot of cheap stocks out there, but we think companies that are restructuring have a performance edge."

Excelsior Value and Restructuring Fund is an open-end fund incorporated in the USA. The Fund's objective is long-term capital appreciation. The Fund invests at least 65% of its assets in common stocks of U.S. and foreign companies whose share price does not reflect the economic value of the company's assets and where restructuring will serve to highlight the true value of the company.

Current Returns:

1 yr: +8.54
3 yr: +12.94
5 yr: +19.94

From 10-31-07 filing.

symbol name last price % change open
  • +
  • PBR
    Petroleo Brasilei
  • $65.72
  • -2.06%
  • $67.85

No Analysis added

People owning PBR also tend to own: AAAINVAPABBDBTUCHKCNX

TheStreet.com Rating: A+ What is this?

  • +
  • AMX
    America Movil
  • $51.62
  • +0.62%
  • $51.60

No Analysis added

People owning AMX also tend to own: AMTAMZNCCICVCDISHGOOGHAR

TheStreet.com Rating: A- What is this?

  • +
  • HRS
    Harris Cp
  • $49.57
  • +2.99%
  • $48.17

No Analysis added

People owning HRS also tend to own: AAPLCAFCMECNSDGSNXTTASR

TheStreet.com Rating: A- What is this?

  • +
  • CNX
    Cons Energy Inc
  • $94.83
  • -0.77%
  • $96.16

No Analysis added

People owning CNX also tend to own: AAAINVAPABBDBTUCHKCSCO

TheStreet.com Rating: A- What is this?

  • +
  • PCU
    Southern Copper C
  • $108.86
  • -2.42%
  • $112.99

No Analysis added

People owning PCU also tend to own: DEBSDLXEXPOHRBKCPLENLIZ

TheStreet.com Rating: A- What is this?

  • +
  • COP
    Conocophillips
  • $91.84
  • +1.20%
  • $91.42

No Analysis added

People owning COP also tend to own: ADSAIZAPCAVTCHICCXDIIB.PK

TheStreet.com Rating: A What is this?

  • +
  • DVN
    Devon Energy Cp (
  • $117.85
  • -0.87%
  • $119.01

No Analysis added

People owning DVN also tend to own: AAAINVAPABBDBTUCHKCNX

TheStreet.com Rating: A+ What is this?

  • +
  • BDK
    Black Decker Cp
  • $56.53
  • +1.56%
  • $55.77

No Analysis added

People owning BDK also tend to own: JNJMSFTCNXTCTXSGOOGGSKJDSUD

TheStreet.com Rating: C+ What is this?

  • Page 1 of 4
  • 1
  • 2
  • 3
  • 4
previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
You Ask, Altucher Answers

7-2-08 I've been responding to a new batch of questions posed by members of the Stockpickr community on Stockpickr Answers. Anybody can ask, respond or comment at St...

07.02.08 | 10:48 AM
Where Else Can You Find Stockpic...

Here are a few of the places where you can find Stockpickr content. Rocket Stocks: Each week, we lay out a group of stocks that have the potential to move higher in the...

07.01.08 | 13:18 PM
You Ask, Peltier Answers

07-01-08 On Stockpickr Answers, David Peltier responded to a new batch of questions posed by members of the Stockpickr community. Peltier writes two weekly newsletters...

07.01.08 | 10:26 AM
Firearms Stocks

Because of the news that the U.S. Supreme Court ruled in a 5-to-4 decision that citizens have a constitutional right to keep guns for self-defense, investors have been taki...

07.01.08 | 09:30 AM
more articles
Cartoon Thread
11.15.07 | 20:31 PM From author Peter on Post Street
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
Fav research/homework website
07.01.08 | 15:33 PM From author Jeffrey owns SuckingLess.com
"Top Performing Portfolios&...
07.03.08 | 20:04 PM From author johnson60
more forums
recent answers | popular answers
bubble(4)
Q. Dear Jim, I have a question abou...
07.04.08 | 15:26 PM Asked by bag smasher

A. Well said berberick...

show all recent stockpickr answers
today 's lists
Low Priced NYSE Stocks

This portfolio consists of NYSE stocks that are trading for less than $5 per share and are profitable. more

Biggest % Gainers

Here is the stock list of some of the largest % gainers from the prior trading day. more

Mid-Cap Value Plays

This is a screen of mid cap stocks, i.e. with market capitalizations between $1 billion and $5 billion that also have a P/E less than or equal to 10 and a quick ratio of gr... more

show all today's lists