Aegis Value Fund Class I (AVALX)
| Fund Assets | 1.32B |
| Expense Ratio | 1.45% |
| Min. Investment | $10,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.37 |
| Dividend Yield | 2.02% |
| Dividend Growth | -52.92% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 67.88 |
| YTD Return | 16.01% |
| 1-Year Return | 72.29% |
| 5-Year Return | 211.07% |
| 52-Week Low | 35.34 |
| 52-Week High | 70.77 |
| Beta (5Y) | 0.81 |
| Holdings | 105 |
| Inception Date | May 15, 1998 |
About AVALX
Aegis Value Fund Class I is a mutual fund focused on delivering long-term capital appreciation by investing primarily in small capitalization stocks considered deeply undervalued. Employing a contrarian, fundamentals-driven strategy, the fund seeks companies trading at significant discounts to tangible book value or at low multiples of future cash flows. Its portfolio is highly concentrated, with a significant proportion invested in energy, basic materials, and financial services sectors, reflecting a high conviction approach. Managed since inception by Scott Barbee, the fund is recognized for its disciplined emphasis on asset valuation and balance sheet strength, conducting rigorous financial analysis to identify potential opportunities overlooked by the broader market. Institutional in structure, Aegis Value Fund Class I maintains a high active share and is often cited for its low price-to-book portfolio metrics relative to peers. With a history dating back to 1998, it serves investors aiming for exposure to undervalued small-cap equities as part of diversified portfolios, while charging a management fee that reflects its active, research-intensive approach.
Performance
AVALX had a total return of 72.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.37%.
Top 10 Holdings
35.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Equinox Gold Corp. | EQX | 5.85% |
| Cenovus Energy Inc. | CVE | 5.47% |
| Amerigo Resources Ltd. | ARG | 3.97% |
| Capital Limited | CAPD | 3.42% |
| Precision Drilling Corporation | PD | 3.42% |
| Hallador Energy Company | HNRG | 3.22% |
| International Petroleum Corporation | IPCO | 3.22% |
| Bank of Cyprus Holdings PLC | 318 | 2.84% |
| Kenmare Resources plc | KMR | 2.25% |
| Natural Gas Services Group, Inc. | NGS | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $1.36918 | Dec 12, 2025 |
| Dec 13, 2024 | $2.90831 | Dec 13, 2024 |
| Dec 15, 2023 | $0.78837 | Dec 15, 2023 |
| Dec 16, 2022 | $0.05086 | Dec 16, 2022 |
| Dec 4, 2020 | $1.3939 | Dec 4, 2020 |
| Dec 20, 2019 | $0.4467 | Dec 20, 2019 |