First Trust/Confluence Small Cap Value Fund Class C (FOVCX)
| Fund Assets | 8.02M |
| Expense Ratio | 2.35% |
| Min. Investment | $2,500 |
| Turnover | 30.00% |
| Dividend (ttm) | 3.94 |
| Dividend Yield | 21.96% |
| Dividend Growth | 213.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 17.95 |
| YTD Return | 4.06% |
| 1-Year Return | -6.24% |
| 5-Year Return | -8.33% |
| 52-Week Low | 15.50 |
| 52-Week High | 19.23 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Mar 2, 2011 |
About FOVCX
The First Trust/Confluence Small Cap Value Fund, Class C is an open-end mutual fund that focuses on delivering long-term capital appreciation by investing primarily in small-cap U.S. companies. Adhering to a value-oriented strategy, the fund targets equities trading below their intrinsic worth, selecting stocks from businesses whose market capitalizations fall within the ranges defined by the Russell 2000 Index or the S&P SmallCap 600 Index. The portfolio is well-diversified across various sectors, capturing opportunities in industries such as financial services, consumer goods, industrials, energy, and more. Management employs a disciplined investment process, seeking companies with strong fundamentals and attractive valuations. Typically, the fund allocates at least 80% of its net assets in small-cap equities under normal market conditions. Launched in 2011 and co-managed by First Trust Advisors LP and Confluence Investment Management, the fund benchmarks its performance against indices like the Russell 2000 Value Index. The fund plays a significant role for investors aiming to gain exposure to the growth potential and diversification benefits of the U.S. small-cap value segment within their broader equity portfolios.
Performance
FOVCX had a total return of -6.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCVCX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class C | 2.06% |
| FCVAX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class A | 1.30% |
| FCVTX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class M | 1.54% |
| FIKNX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class Z | 0.90% |
| FCVIX | Fidelity | Fidelity Advisor Small Cap Value Fund - Class I | 1.03% |
Top 10 Holdings
38.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Knowles Corporation | KN | 4.63% |
| Altus Group Limited | ASGTF | 4.03% |
| Cavco Industries, Inc. | CVCO | 3.91% |
| Winnebago Industries, Inc. | WGO | 3.90% |
| Tripadvisor, Inc. | TRIP | 3.88% |
| JBT Marel Corporation | JBTM | 3.80% |
| Stewart Information Services Corporation | STC | 3.70% |
| RBC Bearings Incorporated | RBC | 3.64% |
| Hayward Holdings, Inc. | HAYW | 3.63% |
| Valvoline Inc. | VVV | 3.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $3.9421 | Dec 23, 2025 |
| Dec 24, 2024 | $1.2556 | Dec 24, 2024 |
| Dec 21, 2023 | $0.4237 | Dec 21, 2023 |
| Dec 21, 2022 | $4.2567 | Dec 21, 2022 |
| Dec 21, 2018 | $3.7825 | Dec 21, 2018 |
| Dec 23, 2014 | $2.0434 | Dec 23, 2014 |