Towle Deep Value FundTDVFX

16.67
0.04 / 0.24%
14.51 - 17.24--
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Jul 24 2014.

Total returns on $10,000

As of Jun 30 2014.Fund performance

Objective

The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest primarily in equity securities of U.S. issuers. It may invest in common stocks of any capitalization, although it will primarily focus on smaller companies that the fund's advisor views to be out-of-favor, under-appreciated, and under-valued. The fund's advisor considers smaller capitalization companies to be those with market capitalization of $5 billion or lower at the time of purchase. The fund may also invest up to 20% of its total net assets in foreign securities, either directly or through the use of ADRs. It is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Small
Investment Style: Value
Morningstar categorySmall Value
Launch date31/10/2011
Price currencyUSD
DomicileUnited States
SymbolTDVFX
Manager & start date
J. Towle
31/10/2011
Peter Lewis
31/10/2011
Christopher Towle
31/10/2011
Wesley Tibbetts
31/10/2011
James Shields
31/12/2013

Investment

Pricing frequencyDaily
Total net assets
61.24m USDAs of Jun 30 2014
Net expense ratio1.20%
Front end load--
Deferred load--
Redemption fee2.00%
Min. initial investment5,000 USD
Min. additional investment500.00 USD
Initial IRA2,500 USD
Additional IRA250.00 USD
Available for saleUnited States

Diversification

Asset type

US stock
86.92%
Non-US stock
7.40%
Cash
5.68%
Other
0.00%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Industrials
24.64%
Energy
20.11%
Technology
13.80%
Consumer Cyclical
12.89%
Financial Services
10.40%

Top 5 Regions

United States
86.92%
Eurozone
3.96%
Developed Asia
3.44%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Umb Money Market Fiduciary--6.26%
Hawaiian Holdings Inc
HA:NSQ
+84.64%5.28%
Goodyear Tire & Rubber Co
GT:NSQ
+67.33%4.85%
Atlas Air Worldwide Holdings Inc
AAWW:NSQ
-20.12%4.69%
Valero Energy Corp
VLO:NYQ
+40.69%4.28%
Data delayed at least 15 minutes, as of Mar 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

All managed funds data located on FT.com is subject to the FT Terms & Conditions . All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2014
All Rights reserved

© 2014 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.