Name
As of 12/13/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$362 M
Holdings in Top 10
51.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/13/2019Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AVFAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSummary Section
-
Fund Family NameN/A
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
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.
AVFAX - Performance
Return Ranking - Trailing
Period | AVFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -64.9% | 866.0% | 36.08% |
1 Yr | N/A | -70.4% | 906.3% | 18.31% |
3 Yr | N/A* | -33.6% | 50.0% | 26.64% |
5 Yr | N/A* | -36.3% | 41.2% | 16.75% |
10 Yr | N/A* | -14.8% | 33.0% | 36.81% |
* Annualized
Return Ranking - Calendar
Period | AVFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -58.1% | 80.6% | 36.18% |
2022 | N/A | -93.5% | 23.6% | 88.87% |
2021 | N/A | -55.3% | 69.8% | 23.77% |
2020 | N/A | -34.8% | 68.2% | 0.46% |
2019 | -21.7% | -40.3% | 22.5% | 96.45% |
Total Return Ranking - Trailing
Period | AVFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -64.9% | 866.0% | 36.08% |
1 Yr | N/A | -70.4% | 906.3% | 18.31% |
3 Yr | N/A* | -33.6% | 122.8% | 35.91% |
5 Yr | N/A* | -36.3% | 66.5% | 18.42% |
10 Yr | N/A* | -14.8% | 33.0% | 53.30% |
* Annualized
Total Return Ranking - Calendar
Period | AVFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -58.1% | 80.6% | 36.51% |
2022 | N/A | -53.1% | 23.6% | 92.58% |
2021 | N/A | -55.3% | 69.8% | 32.38% |
2020 | N/A | -34.8% | 70.7% | 0.46% |
2019 | -17.2% | -38.0% | 30.8% | 97.97% |
NAV & Total Return History
AVFAX - Holdings
Concentration Analysis
AVFAX | Category Low | Category High | AVFAX % Rank | |
---|---|---|---|---|
Net Assets | 362 M | 92.3 K | 15.3 B | 45.13% |
Number of Holdings | 65 | 1 | 1315 | 54.17% |
Net Assets in Top 10 | 140 M | -82 M | 4.21 B | 39.04% |
Weighting of Top 10 | 51.24% | 3.7% | 100.0% | 42.10% |
Top 10 Holdings
- Hallador Energy Co 7.94%
- Amerigo Resources Ltd 6.47%
- International Petroleum Corp 6.30%
- MEG Energy Corp 5.58%
- Kenmare Resources PLC 5.31%
- Peabody Energy Corp 4.77%
- Minera Alamos Inc 3.89%
- Orezone Gold Corp 3.77%
- Capital Ltd 3.72%
- Interfor Corp 3.50%
Asset Allocation
Weighting | Return Low | Return High | AVFAX % Rank | |
---|---|---|---|---|
Stocks | 98.98% | -169.40% | 100.14% | 6.33% |
Cash | 0.92% | -0.17% | 1041.68% | 91.05% |
Other | 0.10% | -895.56% | 38.46% | 41.05% |
Preferred Stocks | 0.00% | 0.00% | 18.93% | 60.96% |
Convertible Bonds | 0.00% | 0.00% | 10.56% | 63.43% |
Bonds | 0.00% | -332.80% | 45.33% | 66.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AVFAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 99.08% | 84.09% |
Technology | 0.00% | 0.00% | 99.85% | 94.97% |
Real Estate | 0.00% | 0.00% | 100.00% | 88.15% |
Industrials | 0.00% | 0.00% | 70.69% | 59.25% |
Healthcare | 0.00% | 0.00% | 100.00% | 94.81% |
Financial Services | 0.00% | 0.00% | 100.00% | 83.77% |
Energy | 0.00% | 0.00% | 100.00% | 6.33% |
Communication Services | 0.00% | 0.00% | 100.00% | 69.32% |
Consumer Defense | 0.00% | 0.00% | 69.13% | 93.51% |
Consumer Cyclical | 0.00% | 0.00% | 59.77% | 66.07% |
Basic Materials | 0.00% | 0.00% | 72.60% | 0.32% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AVFAX % Rank | |
---|---|---|---|---|
Non US | 70.16% | -48.75% | 65.94% | 0.31% |
US | 28.82% | -162.68% | 79.97% | 75.62% |
AVFAX - Expenses
Operational Fees
AVFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.08% | 45.48% | 55.68% |
Management Fee | N/A | 0.00% | 2.94% | 75.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | 40.69% |
Administrative Fee | N/A | 0.03% | 1.47% | 60.45% |
Sales Fees
AVFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | 97.12% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
AVFAX 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.
AVFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | 52.50% |
AVFAX - Distributions
Dividend Yield Analysis
AVFAX | Category Low | Category High | AVFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.31% | 53.93% |
Dividend Distribution Analysis
AVFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
AVFAX | Category Low | Category High | AVFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -4.31% | 6.50% | 86.93% |
Capital Gain Distribution Analysis
AVFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |