As investors are finally resetting their expectations, opportunities are emerging for selective value investors, particularly among small caps.
Strategy
The shifting mood of investors has created opportunities for both high-quality and deep value stocks.
Fund Strategy
Valuations and quality traits finally seem to be rewarded by this market. Balance sheet strength should be just around the corner.
In an increasingly pessimistic market where valuations matter, our optimism about finding good values in small caps is only growing.
Fund Commentary Archive
Fund Performance
After riding the S&P 500 bandwagon for years, investors are less exposed to mid-cap value stocks than they’ve historically been and seem to be missing out on the market’s sweet spot.
More Portfolio Perspectives
By confusing value investing with buying growth stocks on the dip, Impatient Investors may be giving up too soon on the market's real bargains.
To enjoy value investing’s advantages over growth requires significant discipline. But even we were surprised by the results over the long run.
Consumers haven’t been this pessimistic in more than 40 years, but history says this might actually be a tailwind for small value stocks.
More Market Insights
A glance at insider buying and how it opens investment opportunities for clients and shareholders.
A look at how dividend payers play a role in our investment process.
More Investment Approaches
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In addition to stocks of large companies, the Funds invest in small- and mid-sized companies that are generally less liquid and more volatile than large companies. The Mid Cap Value and Value Plus Funds invest in a smaller number of stocks (generally 40 to 60 and 40 to 70, respectively) than the average mutual fund. The performance of these holdings generally will increase the volatility of the Funds’ returns.
Value investments are subject to the risk that their intrinsic value may not be recognized by the broad market.
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