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Forester Value Fund
FVRLX (Mutual Fund)
Forester Value Fund
Name
As of 10/04/2024Price
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
Vitals
YTD Return
8.9%
1 yr return
10.5%
3 Yr Avg Return
1.7%
5 Yr Avg Return
1.4%
Net Assets
$3.45 M
Holdings in Top 10
44.7%
52 WEEK LOW AND HIGH
$5.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.80%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
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
FVRLX - Profile
Distributions
- YTD Total Return 8.9%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.78%
- Dividend Yield 2.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameForester Value Fund
-
Fund Family NameForester Funds, Inc.
-
Inception DateDec 31, 2010
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Forester
Fund Description
THE FORESTER VALUE FUND invests in the stocks of large U.S. companies that it believes are undervalued and have great appreciation potential. It may also take defensive positions when the manager believes that the overall stock market is highly valued or that market conditions warrant it.
The Fund generally purchases a stock only at a price Forester Capital Management ("Forester Capital"), the Fund’s investment manager (the “manager”), deems significantly below the intrinsic value of the company - Forester Capital's estimate of the amount a buyer would pay to own the entire company. Forester Capital performs its own fundamental analysis of the company.
The Fund places special focus on companies whose current market prices are low in relation to earnings and have great appreciation potential. In addition to stocks with low prices relative to earnings, Forester Capital also considers factors such as the following about the issuer:
Book-to-market value
Price-to-cash flow ratio
Price-to-sales ratio
Earnings estimates for the next 12 months
Five-year return on equity
Under normal market conditions, the fund invests at least 65% of its net assets (at market value at the time of purchase) in the common stocks of large companies that have market capitalizations greater than $5.0 billion. The Fund may emphasize sectors more or less than the S&P 500. The Fund may also invest in stock index options.
The Fund may sell a stock when Forester Capital thinks the stock is too expensive compared to Forester Capital's estimate of the company's intrinsic value, changing circumstances affect the original reasons for a company's purchase, a company exhibits deteriorating fundamentals or more attractive alternatives exist.
MARKET EXPOSURE. In order to try to enhance returns, the manager may vary the Fund's exposure to the overall stock market. The manager may reduce market exposure when the manager believes that the overall stock market is highly valued or that market conditions warrant it. During these defensive periods, the Fund may invest some or all of its assets in stock index options, money market funds, U.S. Treasury or U.S. Agency fixed income instruments with a maturity of less than five years.
FVRLX - Performance
Return Ranking - Trailing
| Period | FVRLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -12.5% | 31.0% | 60.13% |
| 1 Yr | 10.5% | -10.6% | 41.2% | 75.16% |
| 3 Yr | 1.7%* | -11.0% | 25.2% | 79.56% |
| 5 Yr | 1.4%* | -2.9% | 24.3% | 95.20% |
| 10 Yr | -0.3%* | -4.0% | 11.2% | 93.06% |
* Annualized
Return Ranking - Calendar
| Period | FVRLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -16.7% | -17.3% | 43.8% | 98.69% |
| 2022 | 11.2% | -54.0% | 17.4% | 5.80% |
| 2021 | -1.0% | -40.0% | 54.1% | 77.27% |
| 2020 | -45.7% | -47.6% | 88.4% | 98.41% |
| 2019 | -4.3% | -20.3% | 62.6% | 94.12% |
Total Return Ranking - Trailing
| Period | FVRLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -12.5% | 31.0% | 60.13% |
| 1 Yr | 10.5% | -10.6% | 41.2% | 75.16% |
| 3 Yr | 1.7%* | -11.0% | 25.2% | 79.56% |
| 5 Yr | 1.4%* | -2.9% | 24.3% | 95.20% |
| 10 Yr | -0.3%* | -4.0% | 11.2% | 93.06% |
* Annualized
Total Return Ranking - Calendar
| Period | FVRLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -14.5% | -14.5% | 43.8% | 100.00% |
| 2022 | 12.1% | -54.0% | 50.3% | 8.70% |
| 2021 | -0.1% | -40.0% | 61.6% | 87.88% |
| 2020 | 0.2% | -29.9% | 91.0% | 72.22% |
| 2019 | 1.5% | -17.9% | 79.4% | 89.92% |
NAV & Total Return History
FVRLX - Holdings
Concentration Analysis
| FVRLX | Category Low | Category High | FVRLX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.45 M | 1.08 M | 6.67 B | 97.39% |
| Number of Holdings | 40 | 3 | 2209 | 73.20% |
| Net Assets in Top 10 | 1.42 M | 625 K | 2.41 B | 97.39% |
| Weighting of Top 10 | 44.66% | 2.1% | 101.8% | 52.94% |
Top 10 Holdings
- US Government Treasury Bill. 0.000%, 09/02/24 15.56%
- US Government Treasury Bill, 0.00%, 8/22/2024 6.24%
- Alamos Gold, Inc. 3.39%
- Teva Pharmaceutical Industries Ltd. 3.12%
- Amgen, Inc. 2.95%
- UnitedHealth Group, Inc. 2.88%
- Dominion Energy, Inc. 2.77%
- Oracle Corp. 2.66%
- The Travelers Companies, Inc. 2.56%
- First Energy Corp. 2.53%
Asset Allocation
| Weighting | Return Low | Return High | FVRLX % Rank | |
|---|---|---|---|---|
| Stocks | 74.34% | 0.00% | 100.92% | 40.52% |
| Bonds | 21.80% | 0.00% | 90.68% | 12.42% |
| Cash | 2.20% | 0.00% | 99.60% | 94.12% |
| Other | 1.66% | -48.19% | 99.35% | 17.65% |
| Preferred Stocks | 0.00% | -1.01% | 6.36% | 94.12% |
| Convertible Bonds | 0.00% | -0.02% | 4.48% | 95.17% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FVRLX % Rank | |
|---|---|---|---|---|
| Healthcare | 20.70% | 0.00% | 100.00% | 12.10% |
| Consumer Defense | 17.03% | 0.00% | 19.75% | 4.84% |
| Utilities | 12.88% | 0.00% | 21.71% | 4.84% |
| Energy | 11.88% | 0.00% | 32.57% | 6.45% |
| Financial Services | 11.14% | 0.00% | 83.83% | 64.52% |
| Technology | 8.45% | 0.00% | 43.24% | 84.68% |
| Industrials | 6.65% | 0.00% | 31.93% | 82.26% |
| Basic Materials | 5.57% | 0.00% | 28.58% | 25.00% |
| Communication Services | 2.96% | 0.00% | 32.32% | 82.26% |
| Consumer Cyclical | 2.68% | 0.00% | 88.83% | 93.55% |
| Real Estate | 0.05% | 0.00% | 10.93% | 74.19% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FVRLX % Rank | |
|---|---|---|---|---|
| US | 74.34% | 0.00% | 100.92% | 34.64% |
| Non US | 0.00% | -3.42% | 69.12% | 95.42% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FVRLX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 2.09% | -0.01% | 86.52% | 67.97% |
| Derivative | 1.66% | -48.19% | 99.35% | 16.34% |
| Securitized | 0.00% | 0.00% | 13.59% | 97.22% |
| Corporate | 0.00% | 0.00% | 79.13% | 97.22% |
| Municipal | 0.00% | 0.00% | 0.07% | 97.22% |
| Government | 0.00% | 0.00% | 58.54% | 97.92% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FVRLX % Rank | |
|---|---|---|---|---|
| US | 21.80% | 0.00% | 85.75% | 12.42% |
| Non US | 0.00% | 0.00% | 12.72% | 97.39% |
FVRLX - Expenses
Operational Fees
| FVRLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.52% | 0.42% | 8.51% | 83.01% |
| Management Fee | 0.89% | 0.00% | 2.50% | 18.30% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 76.83% |
| Administrative Fee | N/A | 0.03% | 1.54% | 71.82% |
Sales Fees
| FVRLX 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% | 4.00% | N/A |
Trading Fees
| FVRLX 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.
| FVRLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.80% | 0.00% | 446.00% | 13.45% |
FVRLX - Distributions
Dividend Yield Analysis
| FVRLX | Category Low | Category High | FVRLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.38% | 0.00% | 27.22% | 32.24% |
Dividend Distribution Analysis
| FVRLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| FVRLX | Category Low | Category High | FVRLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.78% | -3.33% | 2.16% | 7.95% |
Capital Gain Distribution Analysis
| FVRLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.139 | OrdinaryDividend |
| Dec 28, 2022 | $0.057 | OrdinaryDividend |
| Dec 29, 2021 | $0.051 | OrdinaryDividend |
| Dec 29, 2020 | $4.932 | OrdinaryDividend |
| Dec 23, 2019 | $0.658 | OrdinaryDividend |
| Dec 21, 2018 | $0.073 | OrdinaryDividend |
| Dec 21, 2017 | $0.047 | OrdinaryDividend |
| Dec 22, 2016 | $0.010 | OrdinaryDividend |
| Dec 28, 2015 | $0.036 | OrdinaryDividend |
| Dec 30, 2014 | $0.059 | OrdinaryDividend |
| Dec 27, 2013 | $0.062 | OrdinaryDividend |
| Dec 28, 2012 | $0.071 | OrdinaryDividend |
| Dec 22, 2011 | $0.020 | OrdinaryDividend |
FVRLX - Fund Manager Analysis
Managers
Thomas Forester
Start Date
Tenure
Tenure Rank
Sep 10, 1999
22.74
22.7%
Mr. Forester is also the Chief Investment Officer for Forester Capital Management, an investment management firm he founded in 1999, headquartered in Lake Forest, Illinois. In that role, Mr. Forester is responsible for investment strategy, asset allocation, portfolio construction, security selection and trading. Prior to founding Forester Capital Management, Mr. Forester was an officer and portfolio manager with Scudder Investments’ Dreman Value Advisors, managing a $1.4 billion portfolio. Earlier in his career, Mr. Forester managed assets at Peregrine Capital Management and Thomas White International. Having been involved with the securities business since 1992, Mr. Forester has extensive money management experience. Mr. Forester, CFA, holds a B.A. degree in Economics (with honors) from the University of Colorado and an MBA from the Kellogg School at Northwestern University. Mr. Forester also studied at the London Business School.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 23.55 | 6.04 | 7.93 |
