Huber Small Cap Value Fund
Fund
HUSEX
Price as of:
$24.74
- $0.07
- 0.28%
Primary Theme
fund company
Name
As of 04/18/2024Price
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
-5.5%
1 yr return
8.8%
3 Yr Avg Return
3.1%
5 Yr Avg Return
8.4%
Net Assets
$67.4 M
Holdings in Top 10
47.8%
52 WEEK LOW AND HIGH
$24.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.48%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 75.60%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
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
HUSEX - Profile
Distributions
- YTD Total Return -5.5%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.03%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHuber Small Cap Value Fund
-
Fund Family NameHuber Funds
-
Inception DateJun 29, 2007
-
Shares Outstanding1165124
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Huber
Fund Description
The Small Cap Value Fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in common stocks of small capitalization U.S. companies (“small cap companies”) whose stocks are considered by the Adviser to be undervalued. The Adviser currently considers small cap companies to be those with market capitalizations of $3.0 billion or less and/or those with market capitalizations in the range of those found in the Bloomberg US 2000 Value Index. The market capitalization range of the Bloomberg US 2000 Value Index changes constantly, but as of January 31, 2024, the market capitalization range was between $16.8 million and $8.4 billion. Market capitalization is measured at the time of initial purchase. While the Small Cap Value Fund is diversified, the Fund may hold a higher concentration in certain issuers.
The Small Cap Value Fund may also make significant investments in securities of non-U.S. issuers (“foreign securities”), including issuers in emerging markets. The Fund will invest primarily in domestic U.S. securities but reserves the right to invest up to 20% of its net assets in American Depositary Receipts (“ADRs”), dollar-denominated foreign securities, or directly in foreign securities. Should appropriate investment opportunities be available, the Fund may invest in initial public offerings (“IPOs”) but not in an amount that exceeds 50% of the Fund’s total assets. Additionally, the Fund may invest in Rule 144A and other restricted equity securities but not in an amount that exceeds 15% of the Fund’s total assets. From time to time, the Fund may be invested in securities of companies in the same economic sector.As of October 31, 2023, 28.5% of the Fund’s total investments were invested in the financial sector.
The Adviser employs a value investing style, investing in stocks which, in the Adviser’s opinion, trade at a significant discount to the present value of future cash flows. The Adviser attempts to identify out-of-favor stocks that represent solid fundamental value. The Adviser identifies these investment opportunities by employing a disciplined, bottom-up investment process that emphasizes internally generated fundamental research. The process includes an initial review, in-depth analysis, and employment of the Adviser’s proprietary valuation methodology. The Fund strives for tax efficiency which may include tax loss harvesting (i.e., periodically selling positions that have depreciated in value to realize capital losses that can be used to offset capital gains realized by the Fund) and other tools at the Adviser’s disposal.
HUSEX - Performance
Return Ranking - Trailing
| Period | HUSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.5% | -13.8% | 6.6% | 82.93% |
| 1 Yr | 8.8% | -5.6% | 30.6% | 72.73% |
| 3 Yr | 3.1%* | -14.1% | 66.2% | 30.70% |
| 5 Yr | 8.4%* | -4.5% | 46.9% | 28.82% |
| 10 Yr | 4.3%* | -3.9% | 25.9% | 88.25% |
* Annualized
Return Ranking - Calendar
| Period | HUSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.5% | -18.4% | 33.6% | 14.13% |
| 2022 | -4.8% | -36.7% | 212.9% | 3.38% |
| 2021 | 28.3% | -62.0% | 147.6% | 22.51% |
| 2020 | -5.8% | -24.8% | 31.3% | 87.17% |
| 2019 | 34.0% | -30.1% | 34.0% | 0.25% |
Total Return Ranking - Trailing
| Period | HUSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.5% | -13.8% | 6.6% | 82.93% |
| 1 Yr | 8.8% | -5.6% | 30.6% | 72.73% |
| 3 Yr | 3.1%* | -14.1% | 66.2% | 30.70% |
| 5 Yr | 8.4%* | -4.5% | 46.9% | 28.82% |
| 10 Yr | 4.3%* | -3.9% | 25.9% | 88.25% |
* Annualized
Total Return Ranking - Calendar
| Period | HUSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.1% | -15.5% | 35.4% | 29.36% |
| 2022 | -4.8% | -36.7% | 250.0% | 14.19% |
| 2021 | 29.8% | -3.2% | 157.9% | 56.61% |
| 2020 | -5.1% | -13.5% | 33.4% | 90.50% |
| 2019 | 34.3% | -17.4% | 34.3% | 0.25% |
NAV & Total Return History
HUSEX - Holdings
Concentration Analysis
| HUSEX | Category Low | Category High | HUSEX % Rank | |
|---|---|---|---|---|
| Net Assets | 67.4 M | 2.13 M | 52.9 B | 83.81% |
| Number of Holdings | 43 | 10 | 1578 | 92.34% |
| Net Assets in Top 10 | 31.7 M | 180 K | 3.01 B | 68.93% |
| Weighting of Top 10 | 47.85% | 0.3% | 88.4% | 5.26% |
Top 10 Holdings
- KBR Inc 7.04%
- First Citizens BancShares Inc/NC 6.12%
- Golar LNG Ltd 5.97%
- Miller Industries Inc/TN 5.16%
- Upbound Group Inc 4.74%
- TETRA Technologies Inc 4.37%
- Commercial Vehicle Group Inc 4.24%
- Carter Bankshares Inc 3.54%
- WT Offshore Inc 3.37%
- Lions Gate Entertainment Corp 3.31%
Asset Allocation
| Weighting | Return Low | Return High | HUSEX % Rank | |
|---|---|---|---|---|
| Stocks | 96.41% | 0.99% | 104.11% | 81.40% |
| Cash | 4.86% | 0.00% | 99.01% | 18.82% |
| Preferred Stocks | 0.00% | 0.00% | 2.62% | 7.66% |
| Other | 0.00% | -1.78% | 40.01% | 35.45% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 3.77% |
| Bonds | 0.00% | 0.00% | 73.18% | 7.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HUSEX % Rank | |
|---|---|---|---|---|
| Financial Services | 28.52% | 0.00% | 35.71% | 12.75% |
| Energy | 19.77% | 0.00% | 29.42% | 1.34% |
| Industrials | 12.86% | 0.65% | 48.61% | 88.59% |
| Consumer Cyclical | 10.11% | 0.00% | 51.62% | 63.31% |
| Healthcare | 7.26% | 0.00% | 25.76% | 35.57% |
| Technology | 6.56% | 0.00% | 34.03% | 82.77% |
| Basic Materials | 6.12% | 0.00% | 67.30% | 38.03% |
| Communication Services | 3.84% | 0.00% | 24.90% | 16.55% |
| Real Estate | 2.52% | 0.00% | 44.41% | 85.46% |
| Utilities | 2.43% | 0.00% | 13.86% | 52.13% |
| Consumer Defense | 0.00% | 0.00% | 13.22% | 96.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HUSEX % Rank | |
|---|---|---|---|---|
| US | 93.09% | 0.96% | 104.11% | 88.40% |
| Non US | 3.33% | 0.00% | 67.90% | 7.22% |
HUSEX - Expenses
Operational Fees
| HUSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.48% | 0.05% | 37.04% | 31.29% |
| Management Fee | 0.99% | 0.00% | 1.50% | 86.40% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.38% |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| HUSEX 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
| HUSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 0.50% | 2.00% | 46.15% |
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.
| HUSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 75.60% | 7.00% | 252.00% | 80.95% |
HUSEX - Distributions
Dividend Yield Analysis
| HUSEX | Category Low | Category High | HUSEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.50% | 0.00% | 14.65% | 81.84% |
Dividend Distribution Analysis
| HUSEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| HUSEX | Category Low | Category High | HUSEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.03% | -1.43% | 4.13% | 75.84% |
Capital Gain Distribution Analysis
| HUSEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.124 | OrdinaryDividend |
| Dec 10, 2021 | $0.267 | OrdinaryDividend |
| Dec 11, 2020 | $0.129 | OrdinaryDividend |
| Dec 11, 2019 | $0.044 | OrdinaryDividend |
| Dec 11, 2018 | $0.079 | OrdinaryDividend |
| Dec 12, 2017 | $0.181 | OrdinaryDividend |
| Dec 12, 2016 | $0.228 | OrdinaryDividend |
| Dec 08, 2015 | $0.171 | OrdinaryDividend |
| Dec 16, 2014 | $0.022 | OrdinaryDividend |
HUSEX - Fund Manager Analysis
Managers
Joseph Huber
Start Date
Tenure
Tenure Rank
Jun 29, 2007
14.93
14.9%
Joe Huber is the Chief Executive Officer and Chief Investment Officer at Huber Capital Management LLC. Prior to founding Huber Capital Management he was a Principal and Director of Research for Hotchkis and Wiley Capital Management, overseeing more than $40 billion in U.S. value asset portfolios. He built a research platform which utilized best practices of fundamental research combined with behavioral psychology to capitalize on the art piece of investing, creating a unique and value-added investment approach. Prior to joining Hotchkis and Wiley, Mr. Huber served as Portfolio Manager and Director for Merrill Lynch Asset Management and as Portfolio Manager for Goldman Sachs Asset Management in New York. Mr. Huber received his BA in statistics and econometrics from Northwestern University where he was departmental valedictorian and received the Directors Award for top graduating GPA amongst student athletes. He received his MBA from University of Chicago with concentrations in accounting and finance, where he was elected to the Beta Gamma Sigma honor society. He is an Associate in the Society of Actuaries (A.S.A.).
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.15 | 3.58 |