Excelsior Value & Restructuring Fund - UMBIX
22542 views
Rate Now:
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.
-
PBR
Petroleo Brasilei - $47.61
- +0.66%
- $48.30
No Analysis added
-
AMX
America Movil - $45.80
- +1.62%
- $45.78
No Analysis added
-
HRS
Harris Cp - $43.26
- +0.37%
- $43.34
No Analysis added
-
CNX
Cons Energy Inc - $44.50
- +0.70%
- $44.84
No Analysis added
-
PCU
Southern Copper C - $33.04
- +1.01%
- $33.015
No Analysis added
-
COP
Conocophillips - $51.25
- +0.99%
- $51.07
No Analysis added
-
DVN
Devon Energy Cp ( - $67.07
- +0.93%
- $67.51
No Analysis added
-
BDK
Black Decker Cp - $60.01
- -3.21%
- $61.08
No Analysis added
- Top Professional Portfolios
- 1. Navellier & Associ...
- 2. Fidelity Contrafund - ...
- 3. Argus Management
- 4. WisdomTree Intl Consum...
- 5. Charlie Munger
- show all
- Top Do-It-Yourself Portfolios
- » John Shier
- » Joy
- » tsamanuli Portfolio 1
- » brueckenc Portfolio 1
- » Fundsonly Portfolio 1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
'Fast Money' Portfolios of the Week
By Roberto Pedone Posted on Nov. 5, 2009 The traders on CNBC’s “Fast Money” told their viewers what they must know after Warren Buffett announced on Tuesday his l...
11.05.09 | 12:05 PM
Squeezing the Shorts: Late Earni...
By Jonas Elmerraji Posted on Nov. 4, 2009 For investors who seek out short-squeeze opportunities, there’s no time as important as earnings season. Earnings are one of...
11.04.09 | 15:18 PM
Cramer's Take on Headline Stocks...
By Stockpickr Staff Posted on Nov. 4, 2009 Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is...
11.04.09 | 11:12 AM
Dividend Stocks for the Week
more articles
By Jonas Elmerraji Posted on Nov. 4, 2009 Up one day and down the next -- it seems as though investors can’t make up their minds. But when the stock market churns and...
11.04.09 | 08:07 AM
The Presidential/Political Thread
01.02.08 | 08:05 AM From author
Dave Cox
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author
Valerie J
General market Technical Analysi...
11.14.07 | 22:55 PM From author
ZA
Nymph's Trading Daily Trading Diary
more forums
04.13.09 | 01:10 AM From author
Trading Nymph
Q.
TYpically teh more desirable hig...
11.05.09 | 17:40 PM Asked by
The Quant
Q.
Steel....playing catch up now. ...
03.24.09 | 11:34 AM Asked by
dgbkr
A. The only one I own : SLX,
too hard pick a winner out all of them
today 's lists
Analyst Upgrades
Analyst Upgrades for Nov. 2, 2009. Read more here. more
TheStreet.com TV Videos
These are some of the stocks mentioned on TheStreet.com TV on Sept. 2. Click the URL below each stock to watch the videos. more
Stocks With Unusual Option Activity
Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more
Comments not available