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Trending ETFs

Aegis Value Fund

mutual fund
AVALX
Payout Change
Pending
Price as of:
$39.35 +0.71 +1.84%
primary theme
U.S. Small-Cap Value Equity
share class
AVALX (Mutual Fund)

Aegis Value Fund

Payout Change
Pending
Price as of:
$39.35 +0.71 +1.84%
primary theme
U.S. Small-Cap Value Equity
share class
AVALX (Mutual Fund)

Aegis Value Fund

Payout Change
Pending
Price as of:
$39.35 +0.71 +1.84%
primary theme
U.S. Small-Cap Value Equity
share class

Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Aegis Value Fund

AVALX | Fund

$39.35

$313 M

0.58%

$0.23

1.50%

Vitals

YTD Return

11.3%

1 yr return

22.2%

3 Yr Avg Return

10.5%

5 Yr Avg Return

21.5%

Net Assets

$313 M

Holdings in Top 10

44.9%

52 WEEK LOW AND HIGH

$38.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

$5,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Aegis Value Fund

AVALX | Fund

$39.35

$313 M

0.58%

$0.23

1.50%

AVALX - Profile

Distributions

  • YTD Total Return 11.3%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 21.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.25%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Aegis Value Fund
  • Fund Family Name
    Aegis
  • Inception Date
    Jun 29, 2000
  • Shares Outstanding
    8755037
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott Barbee

Fund Description

The Fund invests primarily in common stocks that the Advisor believes are significantly undervalued relative to the market based on fundamental accounting measures including book value (assets less liabilities), revenues, or cash flow. This strategy is commonly known as a “deep value” investment strategy. The Fund may invest in securities issued by companies of any market capitalization, including small- and mid-capitalization companies. The Fund considers a small-capitalization company to be a company with a market capitalization (the value of all outstanding stock) of less than $1 billion at the time of investment. The Fund has no percentage allocation for investments in small- or mid-capitalization companies, and the Fund may invest up to 100% of its portfolio in the securities of these companies. The Fund may also invest in the securities of foreign companies. The Advisor may hold a significant portion of the Fund’s portfolio in cash or cash equivalent instruments. If market conditions reduce the availability of securities with acceptable valuations, the Fund may, for extended periods, hold larger than usual cash reserves until securities with acceptable valuations become available.

The Fund may, from time to time, take temporary defensive positions in response to adverse market, economic, political or other conditions. To the extent the assets of the Fund are invested in temporary defensive positions, the Fund may not achieve its investment objective. For temporary defensive purposes, the Fund may invest in cash and/or short-term obligations.

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AVALX - Performance

Return Ranking - Trailing

Period AVALX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -7.5% 17.1% 2.74%
1 Yr 22.2% 2.3% 48.0% 39.50%
3 Yr 10.5%* -14.0% 67.9% 2.88%
5 Yr 21.5%* -2.9% 49.9% 1.29%
10 Yr 10.7%* -3.2% 27.2% 1.32%

* Annualized

Return Ranking - Calendar

Period AVALX Return Category Return Low Category Return High Rank in Category (%)
2023 10.6% -6.0% 33.6% 57.67%
2022 10.3% -36.7% 212.9% 1.17%
2021 37.7% -62.0% 147.6% 7.95%
2020 11.1% -24.8% 31.3% 7.65%
2019 22.7% -21.7% 34.0% 21.24%

Total Return Ranking - Trailing

Period AVALX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -7.5% 17.1% 2.74%
1 Yr 22.2% 2.3% 48.0% 39.50%
3 Yr 10.5%* -14.0% 67.9% 2.88%
5 Yr 21.5%* -2.9% 49.9% 1.29%
10 Yr 10.7%* -3.2% 27.2% 1.32%

* Annualized

Total Return Ranking - Calendar

Period AVALX Return Category Return Low Category Return High Rank in Category (%)
2023 13.1% 1.8% 35.4% 71.17%
2022 10.5% -36.7% 250.0% 1.17%
2021 37.7% -3.0% 157.9% 12.53%
2020 18.7% -13.5% 33.4% 3.95%
2019 25.7% -1.5% 34.3% 24.35%

NAV & Total Return History


AVALX - Holdings

Concentration Analysis

AVALX Category Low Category High AVALX % Rank
Net Assets 313 M 2.13 M 52.9 B 56.39%
Number of Holdings 81 10 1578 68.95%
Net Assets in Top 10 167 M 180 K 3.01 B 34.47%
Weighting of Top 10 44.92% 5.2% 88.4% 6.41%

Top 10 Holdings

  1. International Petroleum Corp 5.94%
  2. MEG Energy Corp 5.28%
  3. Amerigo Resources Ltd 5.14%
  4. Kenmare Resources PLC 4.77%
  5. Interfor Corp 4.73%
  6. Hallador Energy Co 4.69%
  7. Algoma Steel Group Inc 4.19%
  8. Natural Gas Services Group Inc 3.65%
  9. Bank of Cyprus Holdings PLC 3.27%
  10. Peabody Energy Corp 3.24%

Asset Allocation

Weighting Return Low Return High AVALX % Rank
Stocks
96.70% 1.79% 104.11% 79.22%
Bonds
1.88% 0.00% 73.18% 2.74%
Cash
1.16% 0.00% 42.88% 57.99%
Other
0.26% -1.78% 40.01% 23.29%
Preferred Stocks
0.00% 0.00% 2.62% 41.10%
Convertible Bonds
0.00% 0.00% 2.63% 38.19%

Stock Sector Breakdown

Weighting Return Low Return High AVALX % Rank
Basic Materials
67.30% 0.00% 67.30% 0.23%
Energy
29.42% 0.00% 29.42% 0.23%
Financial Services
2.06% 0.00% 35.71% 99.53%
Industrials
0.65% 0.65% 48.61% 100.00%
Consumer Cyclical
0.56% 0.00% 51.62% 99.30%
Utilities
0.00% 0.00% 13.86% 89.02%
Technology
0.00% 0.00% 34.03% 100.00%
Real Estate
0.00% 0.00% 44.41% 96.50%
Healthcare
0.00% 0.00% 25.76% 99.30%
Communication Services
0.00% 0.00% 24.90% 93.69%
Consumer Defense
0.00% 0.00% 13.22% 98.36%

Stock Geographic Breakdown

Weighting Return Low Return High AVALX % Rank
Non US
67.90% 0.00% 67.90% 0.23%
US
28.80% 1.79% 104.11% 98.86%

Bond Sector Breakdown

Weighting Return Low Return High AVALX % Rank
Derivative
0.26% -1.78% 8.53% 1.37%
Cash & Equivalents
0.00% 0.00% 100.00% 89.50%
Securitized
0.00% 0.00% 17.64% 36.36%
Corporate
0.00% 0.00% 100.00% 40.78%
Municipal
0.00% 0.00% 0.04% 36.36%
Government
0.00% 0.00% 56.51% 36.62%

Bond Geographic Breakdown

Weighting Return Low Return High AVALX % Rank
US
1.88% 0.00% 70.25% 2.74%
Non US
0.00% 0.00% 2.93% 38.81%

AVALX - Expenses

Operational Fees

AVALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.50% 0.05% 37.04% 29.00%
Management Fee 1.20% 0.00% 1.50% 99.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% 60.50%

Sales Fees

AVALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AVALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AVALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 7.00% 252.00% 28.53%

AVALX - Distributions

Dividend Yield Analysis

AVALX Category Low Category High AVALX % Rank
Dividend Yield 0.58% 0.00% 14.14% 45.43%

Dividend Distribution Analysis

AVALX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

AVALX Category Low Category High AVALX % Rank
Net Income Ratio 0.25% -1.43% 4.13% 63.32%

Capital Gain Distribution Analysis

AVALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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AVALX - Fund Manager Analysis

Managers

Scott Barbee


Start Date

Tenure

Tenure Rank

May 15, 1998

24.06

24.1%

Mr. Barbee serves as managing director and portfolio manager with AFC, his employer since 1997. Previously, he was an equity research analyst with an investment management boutique Donald Smith & Company. Prior to that, from 1993 to 1995, he was an oil service equity research analyst and later an oil service investment banking analyst at Simmons & Company. Mr. Barbee graduated from Rice University in 1993 and received an MBA degree from the Wharton School at the University of Pennsylvania in 1997. He holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.2 3.58