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Name

As of 11/21/2024

Price

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

LSV VALUE EQUITY FUND

LVAEX | Fund

$29.79

$1.38 B

1.75%

$0.52

0.93%

Vitals

YTD Return

19.8%

1 yr return

30.0%

3 Yr Avg Return

8.4%

5 Yr Avg Return

10.4%

Net Assets

$1.38 B

Holdings in Top 10

14.7%

52 WEEK LOW AND HIGH

$29.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/21/2024

Price

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

LSV VALUE EQUITY FUND

LVAEX | Fund

$29.79

$1.38 B

1.75%

$0.52

0.93%

LVAEX - Profile

Distributions

  • YTD Total Return 19.8%
  • 3 Yr Annualized Total Return 8.4%
  • 5 Yr Annualized Total Return 10.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.59%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    LSV VALUE EQUITY FUND
  • Fund Family Name
    LSV Fund
  • Inception Date
    Mar 31, 1999
  • Shares Outstanding
    18596108
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • 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. 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.

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LVAEX - Performance

Return Ranking - Trailing

Period LVAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.8% -10.0% 41.5% 50.00%
1 Yr 30.0% 0.2% 56.7% 28.48%
3 Yr 8.4%* -3.5% 31.5% 50.75%
5 Yr 10.4%* 0.1% 45.8% 61.12%
10 Yr 8.6%* 1.5% 25.1% 65.76%

* Annualized

Return Ranking - Calendar

Period LVAEX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -16.9% 46.1% 60.46%
2022 -17.8% -64.7% 4.6% 87.10%
2021 13.5% -44.2% 57.5% 62.85%
2020 -6.9% -23.2% 285.0% 91.12%
2019 19.2% -21.4% 48.5% 49.75%

Total Return Ranking - Trailing

Period LVAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.8% -10.0% 41.5% 50.00%
1 Yr 30.0% 0.2% 56.7% 28.48%
3 Yr 8.4%* -3.5% 31.5% 50.75%
5 Yr 10.4%* 0.1% 45.8% 61.12%
10 Yr 8.6%* 1.5% 25.1% 65.76%

* Annualized

Total Return Ranking - Calendar

Period LVAEX Return Category Return Low Category Return High Rank in Category (%)
2023 12.1% -15.9% 46.7% 41.75%
2022 -6.0% -42.0% 8.5% 54.30%
2021 28.2% 3.6% 129.7% 25.31%
2020 -1.8% -22.6% 304.8% 86.88%
2019 24.9% -12.7% 52.1% 60.00%

NAV & Total Return History

LVAEX - Holdings

Concentration Analysis

LVAEX Category Low Category High LVAEX % Rank
Net Assets 1.38 B 126 K 163 B 42.00%
Number of Holdings 178 2 1727 15.44%
Net Assets in Top 10 242 M 433 K 37.8 B 52.39%
Weighting of Top 10 14.73% 4.4% 99.1% 97.88%

Top 10 Holdings

  1. EXXON MOBIL CORP COMMON STOCK 2.06%
  2. COMCAST CORP-CLASS A COMMON STOCK 1.68%
  3. ATT INC COMMON STOCK 1.52%
  4. MERCK CO. INC. COMMON STOCK 1.51%
  5. WELLS FARGO CO COMMON STOCK 1.40%
  6. CITIGROUP INC COMMON STOCK 1.34%
  7. BANK OF NEW YORK MELLON CORP COMMON STOCK 1.34%
  8. JOHNSON JOHNSON COMMON STOCK 1.32%
  9. STATE STREET CORP COMMON STOCK 1.29%
  10. VERIZON COMMUNICATIONS INC COMMON STOCK 1.27%

Asset Allocation

Weighting Return Low Return High LVAEX % Rank
Stocks 		99.12% 7.19% 103.40% 35.85%
Other 		0.70% -2.59% 36.68% 10.94%
Cash 		0.18% 0.00% 36.15% 88.97%
Preferred Stocks 		0.00% 0.00% 15.27% 31.43%
Convertible Bonds 		0.00% 0.00% 3.66% 26.50%
Bonds 		0.00% 0.00% 78.06% 29.78%

Stock Sector Breakdown

Weighting Return Low Return High LVAEX % Rank
Financial Services 		23.25% 0.00% 58.05% 16.70%
Healthcare 		16.08% 0.00% 30.08% 63.64%
Technology 		13.19% 0.00% 54.02% 28.11%
Industrials 		11.38% 0.00% 42.76% 51.76%
Consumer Cyclical 		10.54% 0.00% 22.74% 8.26%
Consumer Defense 		7.05% 0.00% 34.10% 68.46%
Communication Services 		5.69% 0.00% 26.58% 50.83%
Energy 		5.18% 0.00% 54.00% 80.33%
Basic Materials 		3.98% 0.00% 21.69% 33.58%
Real Estate 		2.31% 0.00% 90.54% 55.75%
Utilities 		1.35% 0.00% 27.04% 82.75%

Stock Geographic Breakdown

Weighting Return Low Return High LVAEX % Rank
US 		99.12% 7.19% 103.40% 29.14%
Non US 		0.00% 0.00% 24.08% 48.07%

LVAEX - Expenses

Operational Fees

LVAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.03% 14.82% 49.08%
Management Fee 0.55% 0.00% 1.50% 44.33%
12b-1 Fee 0.25% 0.00% 1.00% 32.26%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

LVAEX 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

LVAEX 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.

LVAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 0.00% 488.00% 5.15%

LVAEX - Distributions

Dividend Yield Analysis

LVAEX Category Low Category High LVAEX % Rank
Dividend Yield 1.75% 0.00% 16.67% 60.35%

Dividend Distribution Analysis

LVAEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

LVAEX Category Low Category High LVAEX % Rank
Net Income Ratio 1.59% -1.51% 4.28% 35.94%

Capital Gain Distribution Analysis

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

Distributions History

View More +

LVAEX - 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 8.09 0.25

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