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Aegis Value Fund
mutual fund
AVALX
Payout Change
Pending
Price as of:
$35.62
+0.24
+0.68%
primary theme
U.S. Small-Cap Value Equity
share class
AVALX (Mutual Fund)
Aegis Value Fund
Payout Change
Pending
Price as of:
$35.62
+0.24
+0.68%
primary theme
U.S. Small-Cap Value Equity
share class
AVALX (Mutual Fund)
Aegis Value Fund
Payout Change
Pending
Price as of:
$35.62
+0.24
+0.68%
primary theme
U.S. Small-Cap Value Equity
share class
Name
As of 12/24/2024Price
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
8.7%
1 yr return
7.6%
3 Yr Avg Return
12.2%
5 Yr Avg Return
17.5%
Net Assets
$355 M
Holdings in Top 10
47.6%
52 WEEK LOW AND HIGH
$35.4
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 12/24/2024Price
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
AVALX - Profile
Distributions
- YTD Total Return 8.7%
- 3 Yr Annualized Total Return 12.2%
- 5 Yr Annualized Total Return 17.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.25%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAegis Value Fund
-
Fund Family NameAegis
-
Inception DateJun 29, 2000
-
Shares Outstanding8755037
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott 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.
AVALX - Performance
Return Ranking - Trailing
| Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -13.9% | 26.2% | 50.00% |
| 1 Yr | 7.6% | -14.1% | 25.5% | 53.59% |
| 3 Yr | 12.2%* | -7.2% | 72.4% | 3.19% |
| 5 Yr | 17.5%* | -4.0% | 50.6% | 2.58% |
| 10 Yr | 13.4%* | -2.0% | 27.3% | 1.65% |
* Annualized
Return Ranking - Calendar
| Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.6% | -6.0% | 33.6% | 57.07% |
| 2022 | 10.3% | -33.6% | 212.9% | 1.23% |
| 2021 | 37.7% | -62.0% | 147.6% | 8.10% |
| 2020 | 11.1% | -24.8% | 31.3% | 7.49% |
| 2019 | 22.7% | -21.7% | 34.0% | 21.95% |
Total Return Ranking - Trailing
| Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.7% | -13.9% | 26.2% | 50.00% |
| 1 Yr | 7.6% | -14.1% | 25.5% | 53.59% |
| 3 Yr | 12.2%* | -7.2% | 72.4% | 3.19% |
| 5 Yr | 17.5%* | -4.0% | 50.6% | 2.58% |
| 10 Yr | 13.4%* | -2.0% | 27.3% | 1.65% |
* Annualized
Total Return Ranking - Calendar
| Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.1% | 1.8% | 35.4% | 71.22% |
| 2022 | 10.5% | -25.2% | 250.0% | 1.23% |
| 2021 | 37.7% | -3.0% | 157.9% | 12.91% |
| 2020 | 18.7% | -13.5% | 33.4% | 4.13% |
| 2019 | 25.7% | -1.5% | 34.3% | 23.85% |
NAV & Total Return History
AVALX - Holdings
Concentration Analysis
| AVALX | Category Low | Category High | AVALX % Rank | |
|---|---|---|---|---|
| Net Assets | 355 M | 3.29 M | 63 B | 55.74% |
| Number of Holdings | 77 | 10 | 1568 | 72.97% |
| Net Assets in Top 10 | 168 M | 279 K | 3.62 B | 32.06% |
| Weighting of Top 10 | 47.63% | 5.2% | 92.1% | 7.19% |
Top 10 Holdings
- Amerigo Resources Ltd 6.62%
- International Petroleum Corp 6.15%
- Hallador Energy Co 5.12%
- Kenmare Resources PLC 4.81%
- Bank of Cyprus Holdings PLC 4.60%
- MEG Energy Corp 4.40%
- Equinox Gold Corp 4.12%
- Interfor Corp 4.10%
- Algoma Steel Group Inc 4.06%
- Natural Gas Services Group Inc 3.63%
Asset Allocation
| Weighting | Return Low | Return High | AVALX % Rank | |
|---|---|---|---|---|
| Stocks | 95.33% | 6.25% | 105.02% | 87.08% |
| Bonds | 4.50% | 0.00% | 90.12% | 1.67% |
| Other | 0.25% | -1.07% | 38.91% | 24.16% |
| Preferred Stocks | 0.00% | 0.00% | 1.05% | 7.66% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 4.37% |
| Cash | 0.00% | 0.00% | 37.64% | 95.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AVALX % Rank | |
|---|---|---|---|---|
| Basic Materials | 67.30% | 0.00% | 67.30% | 0.25% |
| Energy | 29.42% | 0.00% | 29.42% | 0.25% |
| Financial Services | 2.06% | 0.00% | 35.71% | 99.51% |
| Industrials | 0.65% | 0.65% | 48.61% | 100.00% |
| Consumer Cyclical | 0.56% | 0.35% | 51.62% | 99.51% |
| Utilities | 0.00% | 0.00% | 13.86% | 83.09% |
| Technology | 0.00% | 0.00% | 27.23% | 100.00% |
| Real Estate | 0.00% | 0.00% | 44.41% | 94.85% |
| Healthcare | 0.00% | 0.00% | 25.76% | 98.77% |
| Communication Services | 0.00% | 0.00% | 17.58% | 89.71% |
| Consumer Defense | 0.00% | 0.00% | 13.22% | 96.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AVALX % Rank | |
|---|---|---|---|---|
| Non US | 77.52% | 0.00% | 77.52% | 0.24% |
| US | 17.81% | 6.25% | 105.02% | 98.80% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | AVALX % Rank | |
|---|---|---|---|---|
| Derivative | 0.25% | -1.07% | 3.43% | 2.15% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 86.84% |
| Securitized | 0.00% | 0.00% | 17.64% | 4.11% |
| Corporate | 0.00% | 0.00% | 100.00% | 9.32% |
| Municipal | 0.00% | 0.00% | 0.04% | 4.11% |
| Government | 0.00% | 0.00% | 56.51% | 4.93% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | AVALX % Rank | |
|---|---|---|---|---|
| US | 4.50% | 0.00% | 83.86% | 1.67% |
| Non US | 0.00% | 0.00% | 6.26% | 5.50% |
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% | 27.75% |
| Management Fee | 1.20% | 0.00% | 1.50% | 99.04% |
| 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 | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | 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% | 28.22% |
AVALX - Distributions
Dividend Yield Analysis
| AVALX | Category Low | Category High | AVALX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.05% | 0.00% | 14.14% | 44.98% |
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% | 62.99% |
Capital Gain Distribution Analysis
| AVALX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.371 | OrdinaryDividend |
| Dec 13, 2024 | $0.485 | CapitalGainShortTerm |
| Dec 13, 2024 | $2.052 | CapitalGainLongTerm |
| Dec 15, 2023 | $0.229 | OrdinaryDividend |
| Dec 15, 2023 | $0.560 | CapitalGainLongTerm |
| Dec 16, 2022 | $0.051 | OrdinaryDividend |
| Dec 04, 2020 | $1.394 | OrdinaryDividend |
| Dec 20, 2019 | $0.047 | OrdinaryDividend |
| Dec 20, 2019 | $0.400 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.955 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.243 | OrdinaryDividend |
| Dec 02, 2015 | $0.004 | OrdinaryDividend |
| Dec 02, 2014 | $2.776 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.216 | CapitalGainShortTerm |
| Dec 23, 2013 | $0.462 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.035 | OrdinaryDividend |
| Dec 21, 2012 | $0.011 | OrdinaryDividend |
| Jun 22, 2010 | $0.004 | ExtraDividend |
| Dec 22, 2009 | $0.002 | OrdinaryDividend |
| Dec 19, 2008 | $0.156 | CapitalGainShortTerm |
| Dec 19, 2008 | $0.345 | OrdinaryDividend |
| Dec 21, 2007 | $0.426 | CapitalGainShortTerm |
| Dec 21, 2007 | $0.452 | CapitalGainLongTerm |
| Dec 21, 2007 | $0.125 | OrdinaryDividend |
| Dec 19, 2006 | $0.905 | CapitalGainShortTerm |
| Dec 19, 2006 | $4.398 | CapitalGainLongTerm |
| Dec 19, 2006 | $0.137 | OrdinaryDividend |
| Dec 15, 2005 | $0.090 | CapitalGainShortTerm |
| Dec 15, 2005 | $1.580 | CapitalGainLongTerm |
| Dec 15, 2005 | $0.190 | OrdinaryDividend |
| Dec 21, 2004 | $0.090 | CapitalGainShortTerm |
| Dec 21, 2004 | $0.780 | CapitalGainLongTerm |
| Dec 19, 2003 | $0.280 | CapitalGainLongTerm |
| Dec 18, 2002 | $0.450 | CapitalGainShortTerm |
| Dec 18, 2002 | $0.040 | CapitalGainLongTerm |
| Dec 18, 2002 | $0.020 | OrdinaryDividend |
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 | 8.23 | 3.58 |
