Fort Pitt Capital Total Return Fund (FPCGX)

Overview

The fund in consideration operates primarily within the United States, channeling its investments predominantly into common stocks of both large and mid-sized companies. The target companies for investment are those that the advisor discerns to be profitable, possessing a return on equity (ROE) that either matches or exceeds that of their contemporaries. A significant criterion for the selection of these companies is their valuation based on the price-to-earnings (P/E) ratio, with a specific focus on those entities the advisor believes to be undervalued. This approach underscores the fund's investment philosophy, which leans towards identifying and investing in undervalued stocks that show potential for growth. One of the unique features of this fund is its flexible allocation strategy between equity and fixed income securities, allowing it to adapt its investment portfolio according to the prevailing market conditions and opportunities, rather than adhering to a fixed allocation model.

Products and Services

• Investment in Common Stocks

  This service revolves around the acquisition of shares in considerable and medium-sized U.S. companies that are judged to be lucrative and have an ROE comparable to or greater than their competitors. The advisor's strategy seeks out companies undervalued by the market as indicated by their P/E ratio, aiming to capitalize on the eventual market correction that will recognize the company's true value.

• Flexible Allocation Strategy

  Unlike many traditional investment funds that maintain a fixed ratio of asset classes, this fund offers a dynamic allocation strategy between equity and fixed income securities. This flexibility allows the fund to optimize returns by adjusting its investment portfolio in response to market conditions and investment opportunities, which may vary over time.