LSVEX: LSV Value Equity

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LSVEX LSV Value Equity


Profile

LSVEX - Profile

Vitals

  • YTD Return -2.5%
  • 3 Yr Annualized Return -0.7%
  • 5 Yr Annualized Return 1.8%
  • Net Assets $2.98 B
  • Holdings in Top 10 19.7%

52 WEEK LOW AND HIGH

$26.79
$24.06
$28.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.65%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.5%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    LSV Value Equity Fund
  • Fund Family Name
    LSV Fund
  • Inception Date
    Mar 31, 1999
  • Shares Outstanding
    103918144
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Josef 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. 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.


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Categories

Performance

LSVEX - Performance

Return Ranking - Trailing

Period LSVEX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -4.6% 5.8% 94.83%
1 Yr 1.9% -39.0% 21.5% 78.90%
3 Yr -0.7%* -20.6% 17.1% 62.29%
5 Yr 1.8%* -19.9% 13.4% 36.32%
10 Yr 8.3%* -12.6% 17.6% 13.24%

* Annualized

Return Ranking - Calendar

Period LSVEX Return Category Return Low Category Return High Rank in Category (%)
2019 19.3% -32.1% 48.5% 47.04%
2018 -20.4% -62.4% 16.7% 75.45%
2017 10.7% -16.4% 22.0% 37.90%
2016 14.6% -27.9% 31.0% 13.75%
2015 -4.3% -43.1% 1.3% 11.71%

Total Return Ranking - Trailing

Period LSVEX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.5% -4.6% 5.8% 94.83%
1 Yr 1.9% -39.0% 21.5% 78.70%
3 Yr 3.9%* -18.6% 17.1% 57.35%
5 Yr 5.6%* -13.1% 13.4% 37.29%
10 Yr 11.2%* -4.3% 17.6% 11.21%

* Annualized

Total Return Ranking - Calendar

Period LSVEX Return Category Return Low Category Return High Rank in Category (%)
2019 19.3% -32.1% 48.5% 47.14%
2018 -14.6% -37.1% 17.4% 64.61%
2017 18.3% -9.5% 25.7% 20.59%
2016 17.6% -27.9% 32.2% 15.52%
2015 -2.6% -28.9% 3.9% 22.80%

NAV & Total Return History


Holdings

LSVEX - Holdings

Concentration Analysis

LSVEX Category Low Category High LSVEX % Rank
Net Assets 2.98 B 1.12 M 89 B 17.51%
Number of Holdings 177 1 1180 13.11%
Net Assets in Top 10 627 M 86.3 K 24.7 B 24.72%
Weighting of Top 10 19.69% 6.1% 186.4% 91.89%

Top 10 Holdings

  1. JPMorgan Chase & Co 2.58%
  2. Citigroup Inc 2.56%
  3. Verizon Communications Inc 2.53%
  4. Intel Corp 2.40%
  5. Pfizer Inc 2.26%
  6. Bank of America Corp 2.19%
  7. Amgen Inc 1.50%
  8. Cummins Inc 1.35%
  9. Ameriprise Financial Inc 1.19%
  10. Valero Energy Corp 1.14%

Asset Allocation

Weighting Return Low Return High LSVEX % Rank
Stocks
100.52% 85.33% 135.68% 1.22%
Preferred Stocks
0.00% 0.00% 7.57% 48.41%
Other
0.00% -0.58% 28.16% 47.85%
Convertible Bonds
0.00% -0.01% 6.51% 46.35%
Bonds
0.00% -0.52% 67.93% 48.22%
Cash
-0.52% -98.49% 14.13% 98.31%

Stock Sector Breakdown

Weighting Return Low Return High LSVEX % Rank
Financial Services
27.32% 0.00% 61.09% 21.79%
Healthcare
13.32% 0.00% 35.93% 61.89%
Industrials
12.62% 0.00% 40.09% 18.58%
Consumer Cyclical
10.99% 0.00% 34.09% 10.94%
Technology
10.80% 0.00% 26.75% 34.06%
Consumer Defense
5.73% 0.00% 32.00% 75.38%
Communication Services
5.17% 0.00% 25.61% 75.57%
Energy
4.94% 0.00% 19.35% 85.75%
Basic Materials
4.01% 0.00% 23.37% 30.47%
Real Estate
2.89% 0.00% 20.28% 59.53%
Utilities
2.22% 0.00% 59.22% 76.23%

Stock Geographic Breakdown

Weighting Return Low Return High LSVEX % Rank
US
100.11% 80.46% 133.82% 1.12%
Non US
0.41% 0.00% 18.95% 89.61%

Expenses

LSVEX - Expenses

Operational Fees

LSVEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.00% 27.58% 84.98%
Management Fee 0.55% 0.00% 1.50% 39.53%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 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 1.00% 5.50% 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 18.00% 0.00% 431.00% 13.28%

Distributions

LSVEX - Distributions

Dividend Yield Analysis

LSVEX Category Low Category High LSVEX % Rank
Dividend Yield 0.00% 0.00% 7.78% 70.51%

Dividend Distribution Analysis

LSVEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

LSVEX Category Low Category High LSVEX % Rank
Net Income Ratio 2.28% -0.63% 4.13% 15.76%

Capital Gain Distribution Analysis

LSVEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LSVEX - Fund Manager Analysis

Managers

Josef Lakonishok


Start Date

Tenure

Tenure Rank

Mar 31, 1999

20.85

20.9%

Josef Lakonishok is a Founding Partner, CEO and CIO of LSV Asset Management. 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. Dr. Lakonishok is one of the top contributors to major financial journals

Menno Vermeulen


Start Date

Tenure

Tenure Rank

Mar 31, 1999

20.85

20.9%

Menno Vermeulen, CFA, is a Partner, Portfolio Manager and Senior Quantitative Analyst of LSV. Mr. 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, the largest pension plan in Europe and one of the largest in the world. At ABP, Mr. Vermeulen was responsible for the development and implementation of quantitative active investment strategies. In this capacity, he built the database and conducted research that led to a quantitative tactical country allocation model. Mr. Vermeulen developed and wrote the PC-based software to implement, update and maintain this model. He was also the Portfolio Manager and responsible for implementing this strategy with futures. Mr. Vermeulen holds a masters degree in Econometrics from Erasmus University at Rotterdam.

Puneet Mansharamani


Start Date

Tenure

Tenure Rank

Jan 13, 2006

14.06

14.1%

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 for the Worldwide Web. Prior to this experience, Mr. Mansharamani was a Systems Consultant for Maximations, Inc. where he was responsible for systems development and programming Mainframe and databases used to calculate revenue streams as well as executive reporting. Mr. Mansharamani was also a Systems Analyst for Case Western Reserve University. Mr. Mansharamani earned a B.S. in Engineering from Delhi University, Delhi College of Engineering in 1995 and an M.S. in Engineering at Case Western Reserve University, Case School of Engineering (2001).

Greg Sleight


Start Date

Tenure

Tenure Rank

Jul 01, 2014

5.59

5.6%

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

5.59

5.6%

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 a Major in Electrical Engineering from Washington University in St. Louis in 2000. Mr. Lakonishok also received an M.B.A from the University of Chicago - Booth School of Business in 2009, graduating with honors with a dual- concentration in Analytical Finance and Accounting.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 84.26 6.99 4.38