Aegis Value Fund
Name
As of 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
16.3%
1 yr return
20.0%
3 Yr Avg Return
15.3%
5 Yr Avg Return
23.3%
Net Assets
$355 M
Holdings in Top 10
47.2%
52 WEEK LOW AND HIGH
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 11/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AVALX - Profile
Distributions
- YTD Total Return 16.3%
- 3 Yr Annualized Total Return 15.3%
- 5 Yr Annualized Total Return 23.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.25%
- Dividend Yield 0.5%
- 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 | 16.3% | -5.8% | 32.5% | 34.43% |
1 Yr | 20.0% | 5.8% | 46.4% | 94.81% |
3 Yr | 15.3%* | -11.2% | 72.0% | 2.66% |
5 Yr | 23.3%* | -2.3% | 53.0% | 1.28% |
10 Yr | 12.9%* | -2.7% | 28.1% | 1.64% |
* Annualized
Return Ranking - Calendar
Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -6.0% | 33.6% | 57.21% |
2022 | 10.3% | -36.7% | 212.9% | 1.21% |
2021 | 37.7% | -62.0% | 147.6% | 7.98% |
2020 | 11.1% | -24.8% | 31.3% | 7.63% |
2019 | 22.7% | -21.7% | 34.0% | 21.60% |
Total Return Ranking - Trailing
Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.3% | -5.8% | 32.5% | 34.43% |
1 Yr | 20.0% | 5.8% | 46.4% | 94.81% |
3 Yr | 15.3%* | -11.2% | 72.0% | 2.66% |
5 Yr | 23.3%* | -2.3% | 53.0% | 1.28% |
10 Yr | 12.9%* | -2.7% | 28.1% | 1.64% |
* Annualized
Total Return Ranking - Calendar
Period | AVALX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.1% | 1.8% | 35.4% | 71.39% |
2022 | 10.5% | -36.7% | 250.0% | 1.21% |
2021 | 37.7% | -3.0% | 157.9% | 12.72% |
2020 | 18.7% | -13.5% | 33.4% | 4.07% |
2019 | 25.7% | -1.5% | 34.3% | 23.73% |
NAV & Total Return History
AVALX - Holdings
Concentration Analysis
AVALX | Category Low | Category High | AVALX % Rank | |
---|---|---|---|---|
Net Assets | 355 M | 2.79 M | 54 B | 56.13% |
Number of Holdings | 81 | 10 | 1599 | 72.17% |
Net Assets in Top 10 | 154 M | 762 K | 3.2 B | 33.96% |
Weighting of Top 10 | 47.22% | 5.2% | 92.2% | 6.15% |
Top 10 Holdings
- International Petroleum Corp 7.45%
- Amerigo Resources Ltd 6.30%
- MEG Energy Corp 5.41%
- Hallador Energy Co 4.56%
- Kenmare Resources PLC 4.47%
- Natural Gas Services Group Inc 4.13%
- Bank of Cyprus Holdings PLC 4.08%
- Equinox Gold Corp 3.81%
- Interfor Corp 3.57%
- Capital Ltd 3.44%
Asset Allocation
Weighting | Return Low | Return High | AVALX % Rank | |
---|---|---|---|---|
Stocks | 94.53% | 7.22% | 105.88% | 91.51% |
Bonds | 5.16% | 0.00% | 79.66% | 1.89% |
Other | 0.26% | -1.83% | 31.19% | 25.94% |
Cash | 0.05% | 0.00% | 39.68% | 91.51% |
Preferred Stocks | 0.00% | 0.00% | 1.05% | 47.64% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 45.69% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AVALX % Rank | |
---|---|---|---|---|
Basic Materials | 67.30% | 0.00% | 67.30% | 0.24% |
Energy | 29.42% | 0.00% | 29.42% | 0.24% |
Financial Services | 2.06% | 0.00% | 35.71% | 99.52% |
Industrials | 0.65% | 0.65% | 48.61% | 100.00% |
Consumer Cyclical | 0.56% | 0.00% | 51.62% | 99.28% |
Utilities | 0.00% | 0.00% | 13.86% | 88.89% |
Technology | 0.00% | 0.00% | 34.03% | 100.00% |
Real Estate | 0.00% | 0.00% | 44.41% | 97.10% |
Healthcare | 0.00% | 0.00% | 25.76% | 99.28% |
Communication Services | 0.00% | 0.00% | 24.90% | 94.20% |
Consumer Defense | 0.00% | 0.00% | 13.22% | 98.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AVALX % Rank | |
---|---|---|---|---|
Non US | 76.17% | 0.00% | 76.17% | 0.24% |
US | 18.37% | 7.22% | 105.88% | 98.82% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AVALX % Rank | |
---|---|---|---|---|
Derivative | 0.26% | -1.83% | 6.37% | 3.77% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 92.92% |
Securitized | 0.00% | 0.00% | 17.64% | 44.74% |
Corporate | 0.00% | 0.00% | 100.00% | 47.44% |
Municipal | 0.00% | 0.00% | 0.04% | 44.74% |
Government | 0.00% | 0.00% | 56.51% | 45.01% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AVALX % Rank | |
---|---|---|---|---|
US | 5.16% | 0.00% | 74.79% | 1.89% |
Non US | 0.00% | 0.00% | 9.57% | 46.23% |
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% | 28.07% |
Management Fee | 1.20% | 0.00% | 1.50% | 99.05% |
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% | 28.03% |
AVALX - Distributions
Dividend Yield Analysis
AVALX | Category Low | Category High | AVALX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.55% | 0.00% | 14.14% | 45.52% |
Dividend Distribution Analysis
AVALX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
AVALX | Category Low | Category High | AVALX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.25% | -1.43% | 4.13% | 62.80% |
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 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 | 8.27 | 3.58 |