Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
First Trust/Confluence Small Cap Val I FOVIX
- NAV / 1-Day Return 31.87 / +0.66 %
- Total Assets 22.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.350%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Small Blend
- Investment Style Small Blend
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 0.00
- Turnover 21%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis FOVIX
Will FOVIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 40.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Spectrum Brands Holdings Inc | 5.05 | 1.3 Mil | Consumer Defensive |
Brown & Brown Inc | 4.75 | 1.2 Mil | Financial Services |
Hayward Holdings Inc | 4.13 | 1.0 Mil | Industrials |
Kadant Inc | 3.98 | 995,422 | Industrials |
BRP Group Inc Class A | 3.97 | 994,493 | Financial Services |
Stewart Information Services Corp | 3.78 | 947,244 | Financial Services |
MGP Ingredients Inc | 3.71 | 929,225 | Consumer Defensive |
Winnebago Industries Inc | 3.68 | 921,389 | Consumer Cyclical |
Core Laboratories Inc | 3.63 | 909,601 | Energy |
J&J Snack Foods Corp | 3.60 | 901,119 | Consumer Defensive |