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BLUE CHIP INVESTOR FUNDS
0001162127
Blue Chip Investor Fund
Blue Chip Investor Fund
BCIFX
This <span id="xdx_90E_eoef--ShareholderReportAnnualOrSemiAnnual_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zlsvsmoNetN8">semi-annual shareholder report</span> contains important information about the Blue Chip Investor Fund ("Fund") for the period of January 1, 2025 to <span id="xdx_907_edei--DocumentPeriodEndDate_c20250101__20250630_zjvA6UQCZBF4">June 30, 2025</span>.
semi-annual shareholder report
2025-06-30
You can find additional information about the Fund at <span id="xdx_905_eoef--AddlInfoWebsite_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zafOjefLJYoS"><span class="NoBreak"> https://www.bcifx.com/literature</span></span>. You can also request this information by contacting us at <span id="xdx_90B_eoef--AddlInfoPhoneNumber_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zptkNYwYTeRN"><span class="NoBreak">1-877-673-3119</span></span>.
https://www.bcifx.com/literature
1-877-673-3119
<div class="section-header" style="font-weight: bold">What were the Fund costs for the last six months?</div>
<div class="section-subheader" style="margin-bottom: 8px; font-style: normal; font-weight: bold"><em>(based on a hypothetical $10,000 investment)</em></div>
<div class="section-body" style="margin-bottom: 8px"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid">
<tr class="header-row" style="background-color: Gainsboro">
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left">Fund</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">
Costs of a $10,000 Investment
</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">
Costs Paid as a Percentage of a $10,000 Investment
</th>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">Blue Chip Investor Fund</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_905_eoef--ExpensesPaidAmt_pp2d_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zXSGacolY32b">$50<sup></sup></span></td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_909_eoef--ExpenseRatioPct_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zBjfUUA5jPVX">1.00%<sup>1</sup></span></td>
</tr></table></div>
50
0.0100
The Fund's past performance is not a good predictor of the Fund's future performance.
<em><i>The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.</i></em>
Blue Chip Investor Fund
S&P 500
10665
10399
12299
12260
13465
14023
13153
15483
11313
16645
17664
23436
14996
20948
17258
25053
20168
31204
22112
35936
<img alt="Ad2 Performance Graph" src="fp0094693-3_sa51.jpg" style="width: 348px; height: 300px"/>
<div class="section-header" style="font-weight: bold">Average Annual Total Returns</div>
<div class="section-subheader" style="font-style: italic; margin-bottom: 8px"></div>
<div class="section-body" style="margin-bottom: 8px"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid">
<tr class="header-row" style="background-color: Gainsboro"><th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left"></th><th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">One Year</th><th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">Five Years</th><th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">Ten Years</th></tr><tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Blue Chip Investor Fund</td><td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_90B_eoef--AvgAnnlRtrPct_c20240701__20250630__oef--ClassAxis__custom--C000013026Member_zwImw4ooKAKJ">9.64%</span><sup></sup>
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_90B_eoef--AvgAnnlRtrPct_c20200701__20250630__oef--ClassAxis__custom--C000013026Member_zqsxb5e2zD4L">14.34%</span><sup></sup>
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_90B_eoef--AvgAnnlRtrPct_c20150701__20250630__oef--ClassAxis__custom--C000013026Member_zCnnat8ZOuyq">8.26%</span><sup></sup>
</td>
</tr><tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
S&P 500</td><td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_90D_eoef--AvgAnnlRtrPct_c20240701__20250630__oef--BroadBasedIndexAxis__custom--BlueChipInvestorFundBlueChipInvestorFundSampP500Member_zKSsZeRVYsH7">15.16%</span><sup></sup>
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_90E_eoef--AvgAnnlRtrPct_c20200701__20250630__oef--BroadBasedIndexAxis__custom--BlueChipInvestorFundBlueChipInvestorFundSampP500Member_zHdILh0iG0WG">16.64%</span><sup></sup>
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%">
<span id="xdx_904_eoef--AvgAnnlRtrPct_c20150701__20250630__oef--BroadBasedIndexAxis__custom--BlueChipInvestorFundBlueChipInvestorFundSampP500Member_zYK4fSPgto9b">13.65%</span><sup></sup>
</td>
</tr></table></div>
0.0964
0.1434
0.0826
0.1516
0.1664
0.1365
<div class="section-header" style="font-weight: bold">Fund Statistics</div>
<div class="section-subheader" style="font-style: italic; margin-bottom: 8px"></div>
<div class="section-body" style="margin-bottom: 8px">
<table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid">
<tr style="background-color: Gainsboro">
<td class="table-label" style="text-align: left">Net Assets ($)</td>
<td class="table-value" style="text-align: center; width: 15%"><span id="xdx_903_eus-gaap--AssetsNet_iI_uUSD_c20250630__oef--ClassAxis__custom--C000013026Member_zX1SVD0OekDi">$42,143,722</span></td>
</tr>
<tr>
<td class="table-label" style="text-align: left">Number of Portfolio Holdings</td>
<td class="table-value" style="text-align: center; width: 15%"><span id="xdx_908_eoef--HoldingsCount_iI_uShares_c20250630__oef--ClassAxis__custom--C000013026Member_zVDueLKt52ZL">16</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-label" style="text-align: left">Portfolio Turnover Rate (%)</td>
<td class="table-value" style="text-align: center; width: 15%"><span id="xdx_90B_eus-gaap--InvestmentCompanyPortfolioTurnover_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_z1ZCMvbFdeXK">0%</span></td>
</tr>
<tr>
<td class="table-label" style="text-align: left">Total Advisory Fees Paid ($)</td>
<td class="table-value" style="text-align: center; width: 15%"><span id="xdx_90D_eoef--AdvisoryFeesPaidAmt_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zO3k66btciaS">$126,189</span></td>
</tr> <tr style="background-color: Gainsboro">
<td class="table-label" style="text-align: left">
Total Advisory Fees Before Waiver ($)
</td>
<td class="table-value" style="text-align: center; width: 15%">
$204,412
</td>
</tr>
</table>
</div>
42143722
16
0
126189
<div class="section" style="break-inside: avoid; margin-bottom: 8px">
<div class="section-header" style="font-weight: bold">What did the Fund invest in?</div>
<div class="section-subheader" style="font-style: italic; margin-bottom: 8px"></div>
<div class="section" style="break-inside: avoid; margin-bottom: 8px">
<div id="xdx_989_eoef--LargestHoldingsTableTextBlock_c20250101__20250630__oef--ClassAxis__custom--C000013026Member_zE1AWns9wAFR">
<div class="section-header centered" style="font-weight: bold; display: flex; align-items: center; justify-content: center; text-align: center">Top Ten Holdings (% of Net Assets)</div>
<div class="section-subheader centered" style="font-style: italic; margin-bottom: 8px; display: flex; align-items: center; justify-content: center; text-align: center"></div>
<div class="section-body graph" style="margin-bottom: 8px"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid">
<tr class="header-row" style="background-color: Gainsboro">
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left">
</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px"></th>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Berkshire Hathaway Inc. - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_900_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--BerkshireHathawayIncClassAMember_zcLUDH1cP9Mm">25.94%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
AerCap Holdings N.V.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_901_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--AerCapHoldingsNVMember_zotl6vOjjSij">10.22%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Alphabet Inc. - Class C
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_908_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--AlphabetIncClassCMember_z94lwBBBUjVr">9.26%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Markel Group, Inc.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_906_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--MarkelGroupIncMember_zmInPz8UFYmE">8.29%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Brookfield Corporation - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90F_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--BrookfieldCorporationClassAMember_zNP0wotdFv1a">7.94%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
LKQ Corporation
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90C_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--LKQCorporationMember_z6m33Rey02r5">5.44%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
The Walt Disney Company
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90C_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--TheWaltDisneyCompanyMember_zQLo2jZN2N8f">5.00%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
First Citizens BancShares, Inc. - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90E_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--FirstCitizensBancSharesIncClassAMember_zd4gooItRHVs">4.64%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Goldman Sachs Financial Square Government Fund Institutional Class
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_907_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--GoldmanSachsFinancialSquareGovernmentFundInstitutionalClassMember_zrRDwOhqEQd8">4.10%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
CarMax, Inc.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_906_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--CarMaxIncMember_zHrkBKOB06io">3.83%</span></td>
</tr>
</table></div>
<div class="section-body" style="margin-bottom: 8px"></div>
</div>
</div>
</div>
<div class="section" style="break-inside: avoid; margin-bottom: 8px">
<div class="section-header centered" style="font-weight: bold; display: flex; align-items: center; justify-content: center; text-align: center"></div>
<div class="section-subheader centered" style="font-style: italic; margin-bottom: 8px; display: flex; align-items: center; justify-content: center; text-align: center"></div>
<div class="section-body graph" style="margin-bottom: 8px"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid; display: none">
<tr class="header-row" style="background-color: Gainsboro">
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left">
</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px"></th>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"></td>
</tr>
</table></div>
<div class="section-body" style="margin-bottom: 8px"></div>
</div>
<div class="section" style="break-inside: avoid; margin-bottom: 8px">
<div class="section-header centered" style="font-weight: bold; display: flex; align-items: center; justify-content: center; text-align: center">Sectors (% of Net Assets)</div>
<div class="section-subheader centered" style="font-style: italic; margin-bottom: 8px; display: flex; align-items: center; justify-content: center; text-align: center"></div>
<div class="section-body graph" style="margin-bottom: 8px; text-align: center"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid; display: none">
<tr class="header-row" style="background-color: Gainsboro">
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left">
Sector</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px">% of Net Assets</th>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Diversified Companies
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_904_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--DiversifiedCompaniesMember_zgdCv0wzix56">25.94%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Financials
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_907_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--FinancialsMember_zaQ1mfDwMoGR">20.87%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Industrials
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_901_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--IndustrialsMember_zlplYWjr36Ll">12.70%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Information Technology
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90D_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--InformationTechnologyMember_zP34BCZkwSwA">11.46%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Consumer Discretionary
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90E_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--ConsumerDiscretionaryMember_zOaNDIoMzBAl">10.34%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Communication Services
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_901_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--CommunicationServicesMember_zOTVIXVhfOLx">8.27%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Consumer Staples
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90F_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--ConsumerStaplesMember_zV9JvVcCCSeU">3.23%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Energy
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90D_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--EnergyMember_zYRIsRT7A23r">3.11%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Net Assets*
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_908_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__oef--IndustrySectorAxis__custom--NetAssetsMember_z5vZrQJnRLVG">4.08%</span></td>
</tr>
</table><img alt="Af Image" src="fp0094693-3_sa52.jpg" style="width: 348px; height: 350px"/></div>
<div class="section-body" style="margin-bottom: 8px"><table class="k-table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid"><tr><td style="width: 25px"></td><td></td></tr><tr><td><p>*</p></td><td><p style="text-align: left">Net Assets represent cash equivalents and liabilities in excess of other assets.</p></td></tr></table></div>
<p style="margin: 0"> </p>
</div>
<div class="section-header centered" style="font-weight: bold; display: flex; align-items: center; justify-content: center; text-align: center">Top Ten Holdings (% of Net Assets)</div>
<div class="section-subheader centered" style="font-style: italic; margin-bottom: 8px; display: flex; align-items: center; justify-content: center; text-align: center"></div>
<div class="section-body graph" style="margin-bottom: 8px"><table class="table" style="border: #000000 0px none; width: 100%; border-collapse: collapse; margin-bottom: 0px; margin-top: 0px; font-size: 8pt; break-inside: avoid">
<tr class="header-row" style="background-color: Gainsboro">
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px; text-align: left">
</th>
<th class="table-column-header" style="border-bottom: black 1px solid; padding: 4px; font-weight: bold; margin-bottom: 8px"></th>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Berkshire Hathaway Inc. - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_900_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--BerkshireHathawayIncClassAMember_zcLUDH1cP9Mm">25.94%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
AerCap Holdings N.V.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_901_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--AerCapHoldingsNVMember_zotl6vOjjSij">10.22%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Alphabet Inc. - Class C
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_908_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--AlphabetIncClassCMember_z94lwBBBUjVr">9.26%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
Markel Group, Inc.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_906_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--MarkelGroupIncMember_zmInPz8UFYmE">8.29%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Brookfield Corporation - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90F_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--BrookfieldCorporationClassAMember_zNP0wotdFv1a">7.94%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
LKQ Corporation
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90C_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--LKQCorporationMember_z6m33Rey02r5">5.44%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
The Walt Disney Company
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90C_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--TheWaltDisneyCompanyMember_zQLo2jZN2N8f">5.00%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
First Citizens BancShares, Inc. - Class A
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_90E_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--FirstCitizensBancSharesIncClassAMember_zd4gooItRHVs">4.64%</span></td>
</tr>
<tr>
<td class="table-column-value" style="padding: 4px; text-align: left">
Goldman Sachs Financial Square Government Fund Institutional Class
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_907_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--GoldmanSachsFinancialSquareGovernmentFundInstitutionalClassMember_zrRDwOhqEQd8">4.10%</span></td>
</tr>
<tr style="background-color: Gainsboro">
<td class="table-column-value" style="padding: 4px; text-align: left">
CarMax, Inc.
</td>
<td class="table-column-value" style="padding: 4px; text-align: center; width: 15%"><span id="xdx_906_eoef--PctOfNav_iI_c20250630__oef--ClassAxis__custom--C000013026Member__us-gaap--InvestmentTypeAxis__custom--CarMaxIncMember_zHrkBKOB06io">3.83%</span></td>
</tr>
</table></div>
<div class="section-body" style="margin-bottom: 8px"></div>
0.2594
0.1022
0.0926
0.0829
0.0794
0.0544
0.0500
0.0464
0.0410
0.0383
0.2594
0.2087
0.1270
0.1146
0.1034
0.0827
0.0323
0.0311
0.0408