Objective
Seeks long-term capital appreciation.
Overview
A small-cap value fund that seeks companies with a favorable combination of valuation, capital return, and quality characteristics
The portfolio manager is supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception. Fund Inception: 01/01/2005
Characteristics
# of Holdings | 60 |
---|---|
% in Foreign Equities | 5 |
Standard Deviation | 21.04% |
Turnover | 52% |
Active Share | 96% |
FUND | Russell 2000 Value Index | |
---|---|---|
Price/Earnings | 9.8x | 14.7x |
Price/Book | 1.3x | 1.4x |
EPS Growth Rate | 7.6% | 10.1% |
Asset Weighted Market Cap (billions) | $2.8 | $3.0 |
Median Market Cap (billions) | $2.1 | $0.8 |
Return on Equity | 14.1% | 4.5% |
Cadence Bank | 2.25 |
Radian Group, Inc. | 2.25 |
iShares Russell 2000 Value ETF | 2.18 |
Silicon Motion Technology Corp. | 2.15 |
Bread Financial Holdings, Inc. | 2.03 |
Air Lease Corp. | 2.00 |
Phinia, Inc. | 2.00 |
Steven Madden Ltd. | 1.89 |
Home BancShares, Inc. | 1.86 |
Kaiser Aluminum Corp. | 1.86 |
Total Portfolio % | 20.47 |
Less than $2 billion | 46 | |
$2 billion - $5 billion | 33 | |
$5 billion - $10 billion | 19 | |
Greater than $10 billion | 0 | |
Not Classified | 2 |
Alpha (5 Year)
|
1.18 |
Down Capture (5 Year)
|
100.53 |
Information Ratio (5 Year)
|
0.25 |
Sharpe Ratio (5 Year)
|
0.40 |
Up Capture (5 Year)
|
103.37 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
12/31/23 | 3/31/24 | 3/31/24 | -6 0 6 | ||||
Consumer Discretionary | 16 | 17 | 11 | ||||
Financials | 32 | 31 | 26 | ||||
Information Technology | 9 | 10 | 6 | ||||
Consumer Staples | 3 | 3 | 2 | ||||
Health Care | 9 | 8 | 9 | ||||
Materials | 2 | 4 | 5 | ||||
Utilities | 3 | 3 | 4 | ||||
Communication Services | 1 | 1 | 2 | ||||
Industrials | 14 | 12 | 15 | ||||
Energy | 5 | 5 | 10 | ||||
Real Estate | 4 | 4 | 10 |
Insights
Fund Literature