About FTZFX
FullerThaler Behavioral Unconstrained Equity Fund R6 is a U.S.-based mutual fund managed by Fuller & Thaler Asset Management. Its primary objective is long-term capital appreciation, achieved by investing at least 80% of its net assets in common stocks of companies across all market capitalizations within the United States. The fund utilizes a unique behavioral finance approach, seeking to capitalize on market inefficiencies resulting from investor overreactions or underreactions to company-specific news. This is reflected in its focus on companies with significant insider buying, share repurchases, or large earnings surprises—situations often overlooked or mispriced due to prevalent behavioral biases.
The portfolio is typically concentrated, holding 20 to 30 positions, with the top holdings comprising over half of total assets. The fund’s sector allocation is diversified, spanning technology, industrials, consumer cyclical, and financial services, with notable holdings such as eBay Inc., Cintas Corp, and Zebra Technologies. Its turnover rate is generally low, often below 50%, which suggests a long-term, conviction-based investment approach. Classified within the U.S. mid-cap blend/mid-growth category, the fund plays a distinctive role in offering exposure to behavioral investment strategies, appealing to retirement plans and institutional investors seeking differentiated equity returns.
Fund Family FullerThaler
Category Mid-Cap Blend
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FTZFX
Share Class R6 Shares
Index Russell 3000 TR
FTZFX had a total return of 28.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 19.32%.
