Excelsior Value & Restructuring Fund - UMBIX
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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
  • $47.61
  • +0.66%
  • $48.30

No Analysis added

People owning PBR also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B What is this?

  • +
  • AMX
    America Movil
  • $45.80
  • +1.62%
  • $45.78

No Analysis added

People owning AMX also tend to own: AMATAMTBIDUFMCNKRYRACKSTP

TheStreet.com Rating: B- What is this?

  • +
  • HRS
    Harris Cp
  • $43.26
  • +0.37%
  • $43.34

No Analysis added

People owning HRS also tend to own: AAPLCAFCMECNSDGSNXTTASR

TheStreet.com Rating: B What is this?

  • +
  • CNX
    Cons Energy Inc
  • $44.50
  • +0.70%
  • $44.84

No Analysis added

People owning CNX also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: B What is this?

  • +
  • PCU
    Southern Copper C
  • $33.04
  • +1.01%
  • $33.015

No Analysis added

People owning PCU also tend to own: DEBSDLXEXPOHRBKCPLENLIZ

TheStreet.com Rating: C What is this?

  • +
  • COP
    Conocophillips
  • $51.25
  • +0.99%
  • $51.07

No Analysis added

People owning COP also tend to own: AAALLAPCBUDCVXDOWGSK

TheStreet.com Rating: C- What is this?

  • +
  • DVN
    Devon Energy Cp (
  • $67.07
  • +0.93%
  • $67.51

No Analysis added

People owning DVN also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: C- What is this?

  • +
  • BDK
    Black Decker Cp
  • $60.01
  • -3.21%
  • $61.08

No Analysis added

People owning BDK also tend to own: JNJMSFTCNXTCTXSGOOGGSKJDSUD

TheStreet.com Rating: C What is this?

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