Pzena Small Cap Value Fund Institutional Class (PZISX)

Fund Assets	103.06M
Expense Ratio	1.00%
Min. Investment	$1,000,000
Turnover	41.00%
Dividend (ttm)	0.31
Dividend Yield	1.91%
Dividend Growth	-69.62%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	16.18
YTD Return	24.12%
1-Year Return	15.67%
5-Year Return	49.64%
52-Week Low	12.38
52-Week High	16.81
Beta (5Y)	1.65
Holdings	52
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.

• Fund Family: Pzena
• Category: Small Value
• Performance Rating: Low
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: PZISX
• Share Class: Institutional Class
• Index: Russell 2000 Value TR

Performance

PZISX had a total return of 15.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.60%.

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	0.07%

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

32.00% of assets

Name	Symbol	Weight
Spectrum Brands Holdings, Inc.	SPB	4.09%
Advance Auto Parts, Inc.	AAP	3.73%
Robert Half Inc.	RHI	3.69%
MasterBrand, Inc.	MBC	3.20%
ABM Industries Incorporated	ABM	3.18%
Old National Bancorp	ONB	2.90%
WSFS Financial Corporation	WSFS	2.84%
Teleflex Incorporated	TFX	2.82%
PVH Corp.	PVH	2.81%
Sensata Technologies Holding plc	ST	2.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.30992	Dec 19, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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