Ariel Focus Fund Investor Class (ARFFX) Fund Details & Analysis

Fund Information

Fund Category Mid-Cap Value

Fund Family Ariel Investments

Fund Style Large

ISIN US04035F1075

CUSIP 04035F107

Inception Date 2005-06-30

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $94.58 Million

Share Class Net Assets $67.29 Million

Expense Ratio 1.00%

Expense Ratio Date 2026-02-01

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 10.69%

1-Year Return 10.42%

3-Year Return 18.85%

5-Year Return 8.67%

NAV $19.26

Previous Close Price $19.26

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Ariel Focus Fund Investor Class

The fund invests primarily in equity securities of companies of any size in order to provide investors access to superior opportunities in companies of all market capitalizations. The fund’s strategy is rooted in the contrarian investment philosophy of the Adviser, which depends on four interrelated tenets: Active Patience®, Independent Thinking, Focused Expertise, and Bold Teamwork. It is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 21565.74%

Giant 0.00%

Large 23.46%

Medium 18.84%

Micro 12.89%

Small 40.35%

Value & Growth Metrics

Book-Value Growth % 5.72%

Cash-Flow Growth % 2.60%

Dividend Yield % 1.75%

Historical Earnings % 10.86%

Long-Term Earnings % 8.63%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.00%	0.00%
Cash	4.45%	4.45%	0.00%	1.92%	0.00%
Non US Stock	4.50%	4.50%	0.00%	4.94%	1.29%
Not Classified	0.00%	0.00%	0.00%	0.02%	0.00%
Other	0.00%	0.00%	0.00%	0.89%	0.00%
US Stock	91.05%	91.05%	0.00%	92.44%	98.71%

Top Holdings

Name	Weight	Owned	Change
Goldman Sachs Group, Inc. COM USD0.01	5.88%	-	-
Oracle Corp. COM USD0.01	6.60%	-	-
Snap-On Incorporated COM USD1	4.53%	-	-
BOK Financial Corp COM USD0.00006	5.44%	-	-
Bank of America Corp. COM USD0.01	5.22%	-	-
Mohawk Industries, Inc. COM USD0.01	4.74%	-	-
Lockheed Martin Corporation COM USD1.00	4.44%	-	-
APA Corp. COM	5.45%	-	-
Resideo Technologies Inc COM USD0.001	5.38%	-	-
Phinia Inc. COMMON STOCK	5.01%	-	-
The J M Smucker Company COM NPV	6.26%	-	-
Chevron Corp. COM USD0.75	4.77%	-	-
Affiliated Managers Group, Inc. COM USD0.01	4.67%	-	-
Johnson Johnson COM USD1.00	5.40%	-	-
Barrick Mining Corp. COM SHS	4.73%	-	-
Prestige Consumer Healthcare Inc COM USD0.01	4.91%	-	-
SLB Ltd. COM USD0.01	5.27%	-	-
PHINIA INC COMMON STOCK	5.77%	-	-
JOHNSON JOHNSON COM USD1.00	5.65%	-	-
AFFILIATED MANAGERS GROUP INC COM USD0.01	5.48%	-	-
BOK FINANCIAL CORP COM USD0.00006	5.43%	-	-
BANK OF AMERICA CORP COM USD0.01	5.03%	-	-
SNAP-ON INC COM USD1	4.62%	-	-
BARRICK MINING CORP COM SHS	4.50%	-	-
NORTHERN INSTITUTIONAL FUNDS TREAS PRT PRMR	4.44%	-	-
SLB LTD COM USD0.01	4.31%	-	-
MOHAWK INDUSTRIES INC COM USD0.01	3.92%	-	-

See the full breakdown of ARFFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	98.75%	100.00%	0.00%
Bond Sector	Corporate	0.00%	1.12%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	0.00%
Bond Sector	Government	0.00%	0.12%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	0.00%	0.00%	0.00%
Cyclical	Basic Materials	6.47%	4.52%	0.00%	4.64%
Cyclical	Consumer Cyclical	16.46%	10.20%	0.00%	7.88%
Cyclical	Financial Services	25.99%	17.42%	0.00%	17.49%
Cyclical	Real Estate	0.00%	5.85%	0.00%	5.16%
Defensive	Consumer Defensive	0.00%	6.12%	0.00%	8.46%
Defensive	Healthcare	16.98%	11.42%	0.00%	11.13%
Defensive	Utilities	0.00%	6.07%	0.00%	8.66%
Sensitive	Communication Services	4.81%	2.78%	0.00%	2.20%
Sensitive	Energy	12.22%	6.97%	0.00%	12.92%
Sensitive	Industrials	13.22%	14.95%	0.00%	11.00%
Sensitive	Technology	3.85%	13.69%	0.00%	10.47%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.71%	-	-
Americas	North America	96.12%	100.00%	98.71%
Greater Asia	Asia Developed	0.14%	-	-
Greater Asia	Asia Emerging	0.36%	-	0.31%
Greater Asia	Australasia	0.00%	-	-
Greater Asia	Japan	0.33%	-	-
Greater Europe	Africa/Middle East	0.05%	-	-
Greater Europe	Europe Developed	1.35%	-	0.55%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.94%	-	0.44%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-18	$0.175	$0.175	USD	-	-	-	-
2023-12-19	$0.223	$0.223	USD	-	2023-12-18	2023-12-19	Annual
2022-12-20	$0.164	$0.164	USD	-	2022-12-19	2022-12-20	Annual
2021-12-21	$0.135	$0.135	USD	-	2021-12-20	2021-12-21	Annual
2020-12-22	$0.122	$0.122	USD	2020-12-22	2020-12-21	2020-12-22	Annual
2019-12-17	$0.143	$0.143	USD	2019-12-17	2019-12-16	2019-12-17	Annual
2018-12-27	$0.132	$0.132	USD	2018-12-27	2018-12-26	2018-12-27	Annual
2017-12-28	$0.114	$0.114	USD	2017-12-28	2017-12-27	2017-12-28	Annual
2016-12-29	$0.131	$0.131	USD	2016-12-29	2016-12-28	2016-12-29	Annual
2015-12-30	$0.130	$0.130	USD	2015-12-30	2015-12-29	2015-12-30	Annual
2014-12-30	$0.106	$0.106	USD	2014-12-30	2014-12-29	2014-12-30	Annual
2013-12-30	$0.094	$0.094	USD	2013-12-30	2013-12-27	2013-12-30	Annual
2012-12-27	$0.130	$0.130	USD	2012-12-27	2012-12-26	2012-12-27	Annual
2011-12-29	$0.058	$0.058	USD	-	2011-12-28	2011-12-29	Annual
2010-12-29	$0.027	$0.027	USD	-	2010-12-28	2010-12-29	Annual
2010-04-30	$0.040	$0.040	USD	-	-	-	-
2009-12-29	$0.036	$0.036	USD	-	2009-12-28	2009-12-29	Annual
2008-12-29	$0.055	$0.055	USD	-	2008-12-26	2008-12-29	Annual
2007-12-27	$0.041	$0.041	USD	-	2007-12-26	2007-12-27	Annual
2006-12-28	$0.047	$0.047	USD	-	2006-12-27	2006-12-28	Other

View the full dividend history for ARFFX.

Ariel Focus Fund Investor Class NMFQS:ARFFX