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James Long-Short  JAZZX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2014-10-31
Out of
Long/Short Equity Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar?
Style Box™
What is this?
As of 2014-08-31
Day Change
$ 0.02
  
NAV (2014-11-21)
$ 14.00
  
YTD Return % (2014-11-21)
8.61%
  
Total Assets ($ mil)
29
View Data Definitions
  Performance    
Growth of $10,000 Fund: James Long-Short
(from 2011-05-23 to 2014-10-31) Category: Long/Short Equity
Index: S&P 500 TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2014-11-21
Inception date: 2011-05-23 10yr and Inception Returns as of 2014-10-31
YTD Returns as of 2014-11-21
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
(2011-05-23)
Fund 8.61 9.80 16.04 --- --- 9.85
+/- Category 5.77 5.41 6.79 --- --- ---
+/- S&P 500 TR USD -5.10 -7.49 -6.62 --- --- ---
  Standardized Return %   After Tax Returns % as of
  as of as of 2014-10-31   On Distribution 2014-10-31
On Distr &
Sales of Shrs
1 Yr Annualized --- 12.72   12.72 7.20
5 Yr Annualized --- ---   --- ---
10 Yr Annualized --- ---   --- ---
Inception(2011-05-23) --- 10.01   9.85 ---
Max Front Load % Max Back Load % Net Exp Ratio % Gross Expense Ratio %
--- --- 1.50 2.57
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. For performance data current to the most recent month-end, please call 800-995-2637 or visit www.jamesfunds.com.
  Portfolio Profile    
Asset Allocation
% of Net Assets
Cash 13.5
Stocks 86.5
Bonds 0.0
Other 0.0
Foreign Stocks 2.2
(as a % of Assets)
Data through 2014-08-31
 
Holding Status
Total Number of Stock Holdings 49 Turnover % 171
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 65.06 ending as of 2014-09-30
View Data Definitions
Data through 2014-08-31
  Other Information
Fund Inception: 2011-05-23
Portfolio Manager  (Start Date)
Frank James   (2011-05-23)
Dr. Frank James, Ph.D. is the Founder and Chairman of James Investment Research. Dr. James earned his Ph.D. from Rensselaer Polytechnic Institute in 1967. His dissertation, The Implications of Trend Persistency in Portfolio Management, provided a computer-based study of the price movements of every security listed on the New York Stock Exchange between 1926 and 1960. The results of his research in identifying securities with high probability of future appreciation continue to be used in the firm today. Dr. James was formerly in charge of the graduate management program, and a professor of Management and Statistics, at the Air Force Institute of Technology. His current responsibilities include overseeing the company's innovative investment management and research, and managing the firm's legal and financial matters. Dr. James maintains the firm’s dedication to providing its employees with a productive work environment supported by state-of-art technology
R. Brian Culpepper   (2011-05-23)
Brian is a member of the Investment Committe. In addition to portfolio duties, he spends a lot of time on stock and mutual fund analysis. He is a graduate of Wright State University in Dayton, Ohio where he earned a double Bachelor of Science degree in Management Information Systems and Management in 1995 and an MBA in 2005. He also earned the designation Chartered Mutual Fund Counselor from the College for Financial Planning.
David W. James   (2011-05-23)
David brings a genius for research to our investment committee and portfolio team. He is one of only three senior analysts preparing our weekly stock and bond market reports. David frequently presents white papers on areas that significantly impact portfolio construction and performance. He was brought up in the business starting back in 1980, and has been essential in the development of our sector allocation and stock slection processes. David has attended Florida State University and Wright State University and is a CFA charter holder.
Barry R. James   (2011-05-23)
Barry received his undergraduate degree from The United States Air Force Academy and his Master’s Degree from Boston University. He joined James Investment Research in its beginning years before a tour of duty as an instructor/fighter pilot with the United States Air Force. He returned to the company in 1986. Barry currently oversees the management of James Investment Research and is a senior member of the Investment Committee. As company spokesman he is often interviewed on TV and radio or quoted in print.
Thomas L. Mangan   (2011-05-23)
Tom is a graduate of the Ohio State University and earned his MBA from the University of Notre Dame in 1974. Tom had over 20 years experience in the securities industry, including positions in New York, London, and Chicago before joining James Investment Research in 1994. He is a member of the Investment Committee. In addition, Tom is Chief Financial Officer of the James Advantage Funds.
Ann M. Shaw   (2011-05-23)
Ann is a senior member of the Investment Committee and has been involved in portfolio analysis and client service with James since 1978. She received her Bachelor’s Degree from Capital University. Ann’s CFP designation brings essential knowledge and expertise to our individual client base. Ann’s management responsibilities include overseeing the day-today operations of the company, including human resources, MIS, trading, clearing and administration.
Brian P. Shepardson   (2011-05-23)
Brian has been with James since 1999. Since that time, he has taken on many duties including analysis of stocks, bonds and mutual funds. In addition to the Chartered Financial Analyst designation, he obtained his BBA from the University of Cincinnati in 1996.
Trent D. Dysert   (2014-11-01)
Trent Dysert is a Portfolio Manager with James Investment Research, Inc. Trent’s responsibilities included market and equity research. Trent earned his Bachelor of Science degree in Finance from the University of Dayton in 2003. Trent had previously worked at Ameriprise Financial before starting at James Investment Research, Inc. in the summer of 2006.
Matthew G. Watson   (2014-11-01)
Matthew G. Watson joined the James Investment Research, Inc in 2007 and is a portfolio manager. Mr. Watson supports the accounting, compliance and research functions. In 2007 he graduated Magna Cum Laude from Wright State University in Dayton, Ohio where he earned a double Bachelor of Science degree in Accounting and Finance. Mr. Watson also completed The Master of Accountancy program at Wright State University. He was a Level 3 candidate for the CFA Program.
Sales Charge %
(taken from prospectus dated 2014-11-01)
Front: None
Deferred: None
Expense Ratio % 1.50
based on net assets
(taken from annual report dated 2014-06-30)
Correspondence Information
James Advantage Funds
P.O. Box 8
Alpha,  OH  45301
USA
Telephone:
800-995-2637
Data on this page does not include the fund's short positions (if any).
Show Data Definitions
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© Copyright 2014 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.

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