About SVFFX
Smead Value Fund Class I1 is a large-cap value mutual fund that focuses on long-term capital appreciation by investing primarily in the common stocks of major U.S. corporations. The fund typically maintains a concentrated portfolio of about 25 to 30 holdings, targeting companies with market capitalizations exceeding $5 billion. It employs a distinct value investing philosophy, seeking businesses that exhibit strong competitive advantages, a history of profitability, high free cash flow, and are trading at attractive valuations relative to their intrinsic worth. Notable sector exposures include consumer cyclical, financial services, healthcare, energy, and real estate, with significant positions in companies like Lennar Corp, D.R. Horton, and American Express.
Managed by Smead Capital Management, the fund is known for its disciplined, low-turnover approach and its willingness to maintain substantial positions in select companies, reflecting a contrarian and business-owner mentality. Designed for institutional investors, Class I1 requires a high minimum investment and charges an expense ratio competitive within its category. The fund’s non-diversified structure and concentrated bets differentiate it within the large value segment, serving those seeking focused exposure to undervalued U.S. large-cap equities.
Fund Family Smead Funds
Category Large Value
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol SVFFX
Share Class Class I1 Shares
Index S&P 500 TR
SVFFX had a total return of 12.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.58%.
