About SMVLX
Smead Value Fund Investor Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in the common stocks of large-capitalization U.S. companies. The fund typically maintains a concentrated portfolio, holding approximately 25 to 30 companies at any given time, and emphasizes large, established firms with market capitalizations exceeding $5 billion. Managed with a value-oriented approach, the fund seeks to identify companies trading below their intrinsic value, often targeting sectors like consumer cyclical, real estate, financial services, healthcare, and energy, as exemplified by its notable positions in companies such as Lennar Corp, D.R. Horton Inc, and American Express. The Smead Value Fund is non-diversified, meaning it invests a significant portion of assets in a limited number of holdings, allowing for higher conviction but also potentially higher risk. This fund serves investors looking for exposure to large-cap value stocks and is structured as an investor class share with no initial sales charge and an accessible minimum investment requirement. Launched in 2008, it plays a role in the market as an actively managed option within the large value category, aiming to provide disciplined, long-term equity growth.
Fund Family Smead Funds
Category Large Value
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol SMVLX
Share Class Investor Class Shares
Index S&P 500 TR
SMVLX had a total return of 12.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.35%.
