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LSV VALUE EQUITY FUND
mutual fund
LSVEX
Payout Change
Pending
Price as of:
$27.06
+0.2
+0.74%
primary theme
U.S. Large-Cap Value Equity
share class
LSVEX (Mutual Fund)
LSV VALUE EQUITY FUND
Payout Change
Pending
Price as of:
$27.06
+0.2
+0.74%
primary theme
U.S. Large-Cap Value Equity
share class
LSVEX (Mutual Fund)
LSV VALUE EQUITY FUND
Payout Change
Pending
Price as of:
$27.06
+0.2
+0.74%
primary theme
U.S. Large-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
8.4%
1 yr return
14.1%
3 Yr Avg Return
5.2%
5 Yr Avg Return
7.7%
Net Assets
$1.38 B
Holdings in Top 10
14.7%
52 WEEK LOW AND HIGH
$26.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$100,000
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
LSVEX - Profile
Distributions
- YTD Total Return 8.4%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.83%
- Dividend Yield 2.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameLSV VALUE EQUITY FUND
-
Fund Family NameLSV Fund
-
Inception DateMar 31, 1999
-
Shares Outstanding46764985
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJosef Lakonishok
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. This investment policy can be changed by the Fund upon 60 days’ prior written notice to shareholders. The equity securities in which the Fund invests are mainly common stocks. Although the Fund may invest in securities of companies of any size, the Fund generally invests in companies with market capitalizations of $1 billion or more at the time of purchase.
In selecting securities for the Fund, LSV Asset Management (the “Adviser” or “LSV”) focuses on companies whose securities, in the Adviser’s opinion, are out-of-favor (undervalued) in the marketplace at the time of purchase in light of factors such as the company’s earnings, book value, revenues or cash flow, but show signs of recent improvement. The Adviser believes that these out-of-favor securities will produce superior future returns if their future growth exceeds the market’s low expectations.
The Adviser uses a quantitative investment model to make investment decisions for the Fund. The investment model ranks securities based on fundamental measures of value (such as the price-to-earnings ratio) and indicators of near-term appreciation potential (such as recent price appreciation). The investment model selects stocks to buy from the higher-ranked stocks and selects stocks to sell from those whose rankings have decreased, subject to overall risk controls.
LSVEX - Performance
Return Ranking - Trailing
| Period | LSVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -32.7% | 51.5% | 89.03% |
| 1 Yr | 14.1% | -32.4% | 51.6% | 64.20% |
| 3 Yr | 5.2%* | -9.5% | 17.8% | 77.38% |
| 5 Yr | 7.7%* | -2.1% | 43.8% | 79.32% |
| 10 Yr | 7.6%* | 1.2% | 24.7% | 73.14% |
* Annualized
Return Ranking - Calendar
| Period | LSVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.5% | -16.9% | 46.1% | 60.79% |
| 2022 | -17.8% | -64.7% | 4.6% | 86.60% |
| 2021 | 13.5% | -44.2% | 57.5% | 63.66% |
| 2020 | -6.8% | -23.2% | 285.0% | 90.56% |
| 2019 | 19.3% | -21.4% | 48.5% | 47.98% |
Total Return Ranking - Trailing
| Period | LSVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -32.7% | 51.5% | 89.03% |
| 1 Yr | 14.1% | -32.4% | 51.6% | 64.20% |
| 3 Yr | 5.2%* | -9.5% | 17.8% | 77.38% |
| 5 Yr | 7.7%* | -2.1% | 43.8% | 79.32% |
| 10 Yr | 7.6%* | 1.2% | 24.7% | 73.14% |
* Annualized
Total Return Ranking - Calendar
| Period | LSVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.4% | -15.9% | 46.7% | 39.68% |
| 2022 | -5.8% | -42.0% | 8.5% | 52.19% |
| 2021 | 28.5% | 3.6% | 129.7% | 23.70% |
| 2020 | -1.6% | -22.6% | 304.8% | 85.14% |
| 2019 | 25.2% | -12.7% | 52.1% | 55.02% |
NAV & Total Return History
LSVEX - Holdings
Concentration Analysis
| LSVEX | Category Low | Category High | LSVEX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.38 B | 2.09 M | 163 B | 42.38% |
| Number of Holdings | 178 | 2 | 1727 | 15.43% |
| Net Assets in Top 10 | 242 M | 466 K | 39.5 B | 51.54% |
| Weighting of Top 10 | 14.73% | 4.4% | 99.1% | 96.91% |
Top 10 Holdings
- EXXON MOBIL CORP COMMON STOCK 2.06%
- COMCAST CORP-CLASS A COMMON STOCK 1.68%
- ATT INC COMMON STOCK 1.52%
- MERCK CO. INC. COMMON STOCK 1.51%
- WELLS FARGO CO COMMON STOCK 1.40%
- CITIGROUP INC COMMON STOCK 1.34%
- BANK OF NEW YORK MELLON CORP COMMON STOCK 1.34%
- JOHNSON JOHNSON COMMON STOCK 1.32%
- STATE STREET CORP COMMON STOCK 1.29%
- VERIZON COMMUNICATIONS INC COMMON STOCK 1.27%
Asset Allocation
| Weighting | Return Low | Return High | LSVEX % Rank | |
|---|---|---|---|---|
| Stocks | 99.12% | 4.16% | 102.49% | 31.24% |
| Other | 0.70% | -2.59% | 39.89% | 10.20% |
| Cash | 0.18% | 0.00% | 17.28% | 91.30% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 25.35% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 20.96% |
| Bonds | 0.00% | 0.00% | 97.99% | 24.32% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LSVEX % Rank | |
|---|---|---|---|---|
| Financial Services | 23.25% | 0.00% | 58.05% | 17.00% |
| Healthcare | 16.08% | 0.00% | 30.08% | 64.12% |
| Technology | 13.19% | 0.00% | 54.02% | 27.95% |
| Industrials | 11.38% | 0.00% | 42.76% | 51.84% |
| Consumer Cyclical | 10.54% | 0.00% | 22.74% | 8.40% |
| Consumer Defense | 7.05% | 0.00% | 34.10% | 67.99% |
| Communication Services | 5.69% | 0.00% | 26.58% | 50.80% |
| Energy | 5.18% | 0.00% | 54.00% | 80.08% |
| Basic Materials | 3.98% | 0.00% | 20.01% | 33.52% |
| Real Estate | 2.31% | 0.00% | 90.54% | 55.15% |
| Utilities | 1.35% | 0.00% | 27.04% | 82.44% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LSVEX % Rank | |
|---|---|---|---|---|
| US | 99.12% | 4.16% | 102.49% | 25.54% |
| Non US | 0.00% | 0.00% | 24.08% | 44.71% |
LSVEX - Expenses
Operational Fees
| LSVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.03% | 14.82% | 73.43% |
| Management Fee | 0.55% | 0.00% | 1.50% | 45.40% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| LSVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| LSVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| LSVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 488.00% | 5.03% |
LSVEX - Distributions
Dividend Yield Analysis
| LSVEX | Category Low | Category High | LSVEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.08% | 0.00% | 16.67% | 55.71% |
Dividend Distribution Analysis
| LSVEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| LSVEX | Category Low | Category High | LSVEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.83% | -1.51% | 4.28% | 22.32% |
Capital Gain Distribution Analysis
| LSVEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.591 | OrdinaryDividend |
| Dec 22, 2023 | $1.292 | CapitalGainLongTerm |
| Dec 29, 2022 | $0.604 | OrdinaryDividend |
| Dec 22, 2022 | $2.859 | OrdinaryDividend |
| Dec 30, 2021 | $0.586 | OrdinaryDividend |
| Dec 22, 2021 | $3.189 | OrdinaryDividend |
| Dec 30, 2020 | $0.616 | OrdinaryDividend |
| Dec 22, 2020 | $0.796 | OrdinaryDividend |
| Dec 30, 2019 | $0.589 | OrdinaryDividend |
| Dec 19, 2019 | $0.766 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.497 | OrdinaryDividend |
| Dec 20, 2018 | $0.053 | CapitalGainShortTerm |
| Dec 20, 2018 | $1.124 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.506 | OrdinaryDividend |
| Dec 20, 2017 | $0.135 | CapitalGainShortTerm |
| Dec 20, 2017 | $1.339 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.539 | OrdinaryDividend |
| Dec 20, 2016 | $0.149 | CapitalGainLongTerm |
| Dec 30, 2015 | $0.418 | OrdinaryDividend |
| Dec 30, 2014 | $0.366 | OrdinaryDividend |
| Dec 30, 2013 | $0.322 | OrdinaryDividend |
| Dec 28, 2012 | $0.328 | OrdinaryDividend |
| Dec 29, 2011 | $0.284 | OrdinaryDividend |
| Dec 30, 2010 | $0.211 | OrdinaryDividend |
| Dec 30, 2009 | $0.282 | OrdinaryDividend |
| Dec 30, 2008 | $0.380 | OrdinaryDividend |
| Dec 28, 2007 | $0.353 | OrdinaryDividend |
| Dec 13, 2007 | $0.157 | CapitalGainShortTerm |
| Dec 13, 2007 | $0.922 | CapitalGainLongTerm |
| Dec 28, 2006 | $0.282 | OrdinaryDividend |
| Dec 14, 2006 | $0.077 | CapitalGainShortTerm |
| Dec 14, 2006 | $0.256 | CapitalGainLongTerm |
| Dec 29, 2005 | $0.164 | OrdinaryDividend |
| Dec 15, 2005 | $0.025 | CapitalGainShortTerm |
| Dec 15, 2005 | $0.262 | CapitalGainLongTerm |
| Dec 30, 2004 | $0.213 | OrdinaryDividend |
| Dec 16, 2004 | $0.014 | CapitalGainShortTerm |
| Dec 16, 2004 | $0.384 | CapitalGainLongTerm |
| Jan 30, 2004 | $0.005 | OrdinaryDividend |
| Dec 31, 2003 | $0.007 | ExtraDividend |
| Dec 15, 2003 | $0.063 | CapitalGainShortTerm |
| Dec 15, 2003 | $0.065 | CapitalGainLongTerm |
| Dec 15, 2003 | $0.151 | OrdinaryDividend |
| Dec 31, 2002 | $0.121 | OrdinaryDividend |
| Dec 18, 2002 | $0.005 | CapitalGainLongTerm |
| Dec 31, 2001 | $0.136 | OrdinaryDividend |
| Dec 13, 2001 | $0.086 | CapitalGainShortTerm |
| Dec 13, 2001 | $0.217 | CapitalGainLongTerm |
LSVEX - Fund Manager Analysis
Managers
Josef Lakonishok
Start Date
Tenure
Tenure Rank
Mar 31, 1999
23.18
23.2%
Dr. Lakonishok joined LSV in 1994, where he currently serves as Chief Executive Officer, Chief Investment Officer, Partner and Portfolio Manager Dr. Lakonishok has more than 30 years of investment and research experience. Dr. Lakonishok was, until 2004, the William G. Karnes Professor of Finance at the College of Commerce & Business Administration at the University of Illinois at Urbana-Champaign. Before that, he held staff and visiting professorships at Tel Aviv University, Cornell University, the University of North Carolina at Chapel Hill, and the University of British Columbia.
Menno Vermeulen
Start Date
Tenure
Tenure Rank
Mar 31, 1999
23.18
23.2%
Menno Vermeulen, CFA, is a Partner, Portfolio Manager and Senior Quantitative Analyst of LSV. Dr. Lakonishok joined LSV in 1994. Vermeulen has more than 21 years of investment experience. At LSV, Mr. Vermeulen has developed and written the software for our quantitative models and portfolio management system. He leads our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Vermeulen is also involved in the research process at LSV. Prior to joining LSV, he worked at ABP
Puneet Mansharamani
Start Date
Tenure
Tenure Rank
Jan 13, 2006
16.39
16.4%
Puneet Mansharamani, CFA, is a Partner, Portfolio Manager and Quantitative Analyst of LSV. Mr. Mansharamani has more than 14 years of investment experience. At LSV, Mr. Mansharamani is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Prior to joining LSV, Mr. Mansharamani was an Analyst at Institutional Trust National City Corporation. His responsibilities included project management, systems development and designing financial and analytical applications fo
Greg Sleight
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
Greg Sleight is a Partner, Portfolio Manager and Quantitative Analyst of LSV. At LSV, Mr. Sleight is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Sleight received a B.S. in Material Science & Engineering from the University of Illinois in 2000 and an M.B.A. in Econometrics, Economics & Analytic Finance from the University of Chicago in 2006.
Guy Lakonishok
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
Guy Lakonishok, CFA is a Partner, Portfolio Manager and Quantitative Analyst at LSV. Prior to joining LSV, Mr. Lakonishok was a Vice President in the Quantitative Equity group at BlackRock. His responsibilities included research, portfolio implementation, system development and performance attribution. Prior to this experience, Mr. Lakonishok was an analyst in the Quantitative Equity group at Weiss, Peck, and Greer, where he was responsible for developing portfolio analytics and assisting in the day-to-day management of the portfolios. Mr. Lakonishok received a B.S. in Applied Science with
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
