Pzena Small Cap Value Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
28.8%
3 Yr Avg Return
6.8%
5 Yr Avg Return
10.4%
Net Assets
$49.4 M
Holdings in Top 10
33.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PZISX - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return 6.8%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePzena Small Cap Value Fund
-
Fund Family NamePzena
-
Inception DateApr 27, 2016
-
Shares Outstanding7609370
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBenjamin Silver
Fund Description
PZISX - Performance
Return Ranking - Trailing
Period | PZISX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -11.0% | 11.2% | 75.11% |
1 Yr | 28.8% | -1.2% | 37.3% | 6.67% |
3 Yr | 6.8%* | -14.1% | 68.9% | 10.72% |
5 Yr | 10.4%* | -3.9% | 47.9% | 15.79% |
10 Yr | N/A* | -3.5% | 26.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | PZISX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.4% | -18.4% | 33.6% | 1.55% |
2022 | -19.1% | -36.7% | 212.9% | 66.82% |
2021 | 26.5% | -62.0% | 147.6% | 29.77% |
2020 | -1.3% | -24.8% | 31.3% | 70.48% |
2019 | 24.2% | -30.1% | 34.0% | 17.21% |
Total Return Ranking - Trailing
Period | PZISX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -11.0% | 11.2% | 75.11% |
1 Yr | 28.8% | -1.2% | 37.3% | 6.67% |
3 Yr | 6.8%* | -14.1% | 68.9% | 10.72% |
5 Yr | 10.4%* | -3.9% | 47.9% | 15.79% |
10 Yr | N/A* | -3.5% | 26.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PZISX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.0% | -15.5% | 35.4% | 2.21% |
2022 | -5.1% | -36.7% | 250.0% | 15.58% |
2021 | 28.4% | -3.2% | 157.9% | 62.33% |
2020 | 0.2% | -13.5% | 33.4% | 72.14% |
2019 | 25.0% | -17.4% | 34.3% | 25.69% |
NAV & Total Return History
PZISX - Holdings
Concentration Analysis
PZISX | Category Low | Category High | PZISX % Rank | |
---|---|---|---|---|
Net Assets | 49.4 M | 2.13 M | 52.9 B | 87.06% |
Number of Holdings | 47 | 10 | 1578 | 88.16% |
Net Assets in Top 10 | 16.6 M | 180 K | 3.01 B | 83.11% |
Weighting of Top 10 | 33.37% | 0.3% | 88.4% | 16.70% |
Top 10 Holdings
- Masonite International Corp 3.73%
- CNO Financial Group Inc 3.72%
- MRC Global Inc 3.64%
- Resideo Technologies Inc 3.56%
- Steelcase Inc 3.37%
- ScanSource Inc 3.29%
- Olin Corp 3.22%
- Korn Ferry 3.05%
- Axis Capital Holdings Ltd 3.00%
- Belden Inc 2.78%
Asset Allocation
Weighting | Return Low | Return High | PZISX % Rank | |
---|---|---|---|---|
Stocks | 97.72% | 0.99% | 104.11% | 65.57% |
Cash | 2.28% | 0.00% | 99.01% | 38.60% |
Preferred Stocks | 0.00% | 0.00% | 2.62% | 31.36% |
Other | 0.00% | -1.78% | 40.01% | 50.66% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 28.44% |
Bonds | 0.00% | 0.00% | 73.18% | 30.26% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PZISX % Rank | |
---|---|---|---|---|
Financial Services | 28.39% | 0.00% | 35.71% | 15.25% |
Industrials | 21.89% | 0.65% | 48.61% | 16.82% |
Technology | 13.31% | 0.00% | 34.03% | 11.21% |
Consumer Cyclical | 9.91% | 0.00% | 51.62% | 65.25% |
Energy | 9.45% | 0.00% | 29.42% | 32.29% |
Basic Materials | 7.04% | 0.00% | 67.30% | 19.06% |
Consumer Defense | 6.25% | 0.00% | 13.22% | 16.82% |
Healthcare | 2.24% | 0.00% | 25.76% | 89.46% |
Real Estate | 1.52% | 0.00% | 44.41% | 86.32% |
Utilities | 0.00% | 0.00% | 13.86% | 84.53% |
Communication Services | 0.00% | 0.00% | 24.90% | 93.50% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PZISX % Rank | |
---|---|---|---|---|
US | 97.72% | 0.96% | 104.11% | 49.34% |
Non US | 0.00% | 0.00% | 67.90% | 46.49% |
PZISX - Expenses
Operational Fees
PZISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.18% | 0.05% | 37.04% | 53.95% |
Management Fee | 0.95% | 0.00% | 1.50% | 85.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | 3.94% |
Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
PZISX 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
PZISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 59.62% |
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.
PZISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 7.00% | 252.00% | 1.26% |
PZISX - Distributions
Dividend Yield Analysis
PZISX | Category Low | Category High | PZISX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.17% | 0.00% | 14.25% | 81.14% |
Dividend Distribution Analysis
PZISX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
PZISX | Category Low | Category High | PZISX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.38% | -1.43% | 4.13% | 52.24% |
Capital Gain Distribution Analysis
PZISX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2023 | $0.072 | OrdinaryDividend |
Dec 14, 2022 | $2.058 | OrdinaryDividend |
Dec 11, 2019 | $0.075 | OrdinaryDividend |
PZISX - Fund Manager Analysis
Managers
Benjamin Silver
Start Date
Tenure
Tenure Rank
Apr 27, 2016
6.1
6.1%
Benjamin S. Silver, CFA, CPA, Principal and Portfolio Manager. Mr. Silver serves as co-portfolio manager for the U.S. Mid Cap, Large Cap, and Global strategies, along with the Focused Value and Small Cap Focused Value services. Mr. Silver became a member of the firm in 2001. Prior to joining Pzena Investment Management, Mr. Silver was a research analyst at Levitas & Company, a value-based equity hedge fund, and a manager for Ernst & Young LLP in their Financial Services Group.
John Flynn
Start Date
Tenure
Tenure Rank
Apr 27, 2016
6.1
6.1%
John J. Flynn, Principal and Portfolio Manager. Mr. Flynn is a co-portfolio manager for the U.S. Mid Cap and Large Cap strategies, along with the Focused Value and Small Cap Focused Value services. Mr. Flynn became a member of the firm in 2005. Prior to joining Pzena Investment Management, Mr. Flynn was an associate at Weston Presidio, a middle-market private equity investment firm. He earned a B.A. in Music from Yale University and an M.B.A. with distinction from the Harvard Business School.
Evan Fox
Start Date
Tenure
Tenure Rank
Apr 27, 2016
6.1
6.1%
Evan D. Fox, CFA, Principal and Portfolio Manager. Mr. Fox is a co-portfolio manager for the Small Cap Focused Value service. Mr. Fox became a member of the firm in 2007. Prior to joining Pzena Investment Management, Mr. Fox was a teaching assistant for the Wharton School Finance Department, a summer analyst at Lazard, and a summer researcher at Lucent Technologies. He earned a B.S. summa cum laude in Economics from the Wharton School of the University of Pennsylvania and a B.A.S. from the University of Pennsylvania School of Engineering and Applied Science. Mr. Fox holds the Chartered Financial Analyst® designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.45 | 8.16 | 3.58 |