First Trust/Confluence Small Cap Value Fund Class I (FOVIX)
| Fund Assets | 8.02M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 3.94 |
| Dividend Yield | 16.01% |
| Dividend Growth | 213.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 24.63 |
| YTD Return | 4.19% |
| 1-Year Return | -5.30% |
| 5-Year Return | -6.08% |
| 52-Week Low | 21.08 |
| 52-Week High | 26.13 |
| Beta (5Y) | 1.02 |
| Holdings | 33 |
| Inception Date | Jan 11, 2011 |
About FOVIX
First Trust/Confluence Small Cap Value Fund Class I is an open-end equity mutual fund focusing on U.S. small-cap companies with both value and growth characteristics, placing it within the small blend category. The fund’s main objective is to provide long-term capital appreciation by investing in a diversified portfolio of smaller companies, typically those at the lower end of the U.S. market capitalization spectrum. Its investment approach involves holding a concentrated portfolio, as evidenced by a significant portion of assets allocated to its top holdings, which span financial services, technology, industrials, and consumer defensive sectors. Designed for institutional investors, this share class features a high minimum initial investment, and its expense ratio is notably above the category average. The fund is actively managed, with portfolio managers seeking to capitalize on opportunities within the small-cap segment, which often exhibits greater volatility but also higher potential growth compared to large-cap stocks. The fund’s blend style means it does not strictly favor either value or growth stocks, instead aiming for a balanced approach to capture a broad array of opportunities in the small-cap landscape.
Performance
FOVIX had a total return of -5.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.45%.
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 | $3.6527 | Dec 21, 2022 |
| Dec 21, 2018 | $3.7825 | Dec 21, 2018 |
| Dec 23, 2014 | $0.0834 | Dec 23, 2014 |