Pzena Small Cap Value Fund Institutional Class (PZISX)
| Fund Assets | 43.90M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 7.85% |
| Dividend Growth | 1,316.06% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 12.99 |
| YTD Return | -6.64% |
| 1-Year Return | -6.57% |
| 5-Year Return | 98.69% |
| 52-Week Low | 10.43 |
| 52-Week High | 16.56 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Apr 27, 2016 |
About PZISX
The Pzena Small Cap Value Fund Institutional Class is a mutual fund focused on identifying value opportunities within the U.S. small-cap equity market. Managed by Pzena Investment Management, the fund seeks long-term capital appreciation by investing at least 80% of its net assets in companies categorized as small-cap, using the Russell 2000 Index as its reference for market capitalization ranges. The fund employs a disciplined, research-driven investment approach to uncover undervalued companies that may be overlooked by the broader market. It typically holds a diversified portfolio of over 50 stocks, spanning various industries, and targets businesses trading at significant discounts to their intrinsic value. With a minimum investment requirement of $1,000,000 for institutional investors, the fund is tailored for clients seeking to diversify into small-cap U.S. equities through a value-driven strategy. It plays a significant role in the financial market by providing institutional access to the potential growth and volatility of small-cap value stocks, while leveraging Pzena's expertise in fundamental analysis and long-term perspective.
Performance
PZISX had a total return of -6.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTVX | Vanguard | Vanguard Russell 2000 Value ETF | 0.08% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PZVSX | Investor Class | 1.35% |
Top 10 Holdings
30.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Advance Auto Parts, Inc. | AAP | 4.00% |
| CNO Financial Group, Inc. | CNO | 3.31% |
| TriMas Corporation | TRS | 3.31% |
| Spectrum Brands Holdings, Inc. | SPB | 2.99% |
| Concentrix Corporation | CNXC | 2.94% |
| Universal Corporation | UVV | 2.91% |
| MRC Global Inc. | MRC | 2.86% |
| Old National Bancorp | ONB | 2.79% |
| Adient plc | ADNT | 2.67% |
| Orion S.A. | OEC | 2.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $1.02013 | Dec 19, 2024 |
| Dec 19, 2023 | $0.07204 | Dec 19, 2023 |
| Dec 14, 2022 | $2.0584 | Dec 14, 2022 |
| Dec 14, 2021 | $0.21799 | Dec 14, 2021 |
| Dec 8, 2020 | $0.16838 | Dec 8, 2020 |
| Dec 11, 2019 | $0.07528 | Dec 11, 2019 |