River Road Dividend All Cap Value Fund  (ARZDX)

Fund Overview

Fund Overview

Share Class

Z

NAV | as of 12/01/2020

$11.28
+$0.09 (+0.80%)

Morningstar | Style Box

V B G L M S

Morningstar Analyst Rating

as of 11/26/2019

Download Analyst Rating Report

Growth of $10,000 (Hypothetical)

Since Inception 09/29/2017 to 10/31/2020 = $10,159.53

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

Seeks to provide high current income and, secondarily, long-term capital appreciation by investing primarily in a diversified, all cap portfolio of income producing equity securities.

Why Consider

  • May be appropriate for investors looking to gain exposure to diversified U.S. companies of all sizes
  • Enlightened risk management—portfolio managers will not average down on losing positions
  • Employs a fundamentals-driven Absolute Value® investment philosophy, targeting companies above $300 million with high and growing dividends selling at a discount to absolute value

Documents

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Henry W. Sanders III, CFA

Henry W. Sanders III, CFA

Executive Vice President

See Our Approach Read Bio
Thomas S. Forsha, CFA

Thomas S. Forsha, CFA

Co-Chief Investment Officer

See Our Approach Read Bio
Andrew R. McIntosh, CFA

Andrew R. McIntosh, CFA

Associate Portfolio Manager

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 0.80%
  • Net Expense Ratio: 0.80%
  • Expense Cap Expiration Date: N/A

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Sep 28, 2020 $0.077000 $0.077000
      Jun 26, 2020 $0.046400 $0.046400
      Mar 27, 2020 $0.083700 $0.083700
      Dec 16, 2019 $0.907300 $0.171600 $0.735700
      Sep 26, 2019 $0.040000 $0.040000
      Jun 26, 2019 $0.075000 $0.075000
      Mar 27, 2019 $0.060000 $0.060000
      Dec 27, 2018 $0.883400 $0.158500 $0.724900
      Sep 26, 2018 $0.064500 $0.064500
      Jun 27, 2018 $0.015000 $0.015000
      May 29, 2018 $0.015000 $0.015000
      Apr 26, 2018 $0.004000 $0.004000
      Mar 27, 2018 $0.009000 $0.009000
      Feb 26, 2018 $0.010000 $0.010000
      Dec 27, 2017 $0.755300 $0.179400 $0.043000 $0.532900
      Nov 27, 2017 $0.017500 $0.017500
      Oct 26, 2017 $0.015000 $0.015000

Risk & Return Stats

As of: 10/31/2020

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 09/30/2020

United Parcel Service Inc, Class B 4.46%
Corning Inc 4.23%
Target Corp 3.90%
Verizon Communications Inc 3.86%
Comcast Corp, Class A 3.81%
Bristol-Myers Squibb Co 3.38%
AES Corp 3.34%
Unilever PLC ADR 3.28%
Kimberly-Clark Corp 2.89%
Cisco Systems Inc 2.72%
% in Top 10 Holdings 35.87%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 09/30/2020

Investment Approach

Investment Approach

River Road Dividend All Cap Value Fund

Under normal conditions, the Fund invests at least 80% of its assets in a diversified, all cap portfolio of dividend paying equities. The Fund's Absolute Value® approach utilizes systematic and dynamic proprietary research to target companies exhibiting:

  • Financial strength and high, growing dividend yields at attractive prices
  • Shareholder-oriented management teams
  • Undiscovered, under-followed, misunderstood companies with attractive business models

Market View: Equity Income

 
Thomas S. Forsha, CFA, Co-Chief Investment Officer at River Road Asset Management, discusses equity-income investing in light of evolving market conditions in the second half of 2018 and heading into 2019.
Watch Video More About River Road Asset Management
  Read Full Perspective

About

About River Road Asset Management

Background

River Road Asset Management was established in 2005 and provides institutional separate account and investment sub-advisory services to a broad range of domestic and international clients. The firm was founded upon a proprietary Absolute Value® investment discipline. This approach was developed by River Road’s founders and occupies a distinct niche within value investing styles.

Learn More

More Funds From River Road Asset Management

ARRFX

River Road Focused Absolute Value Fund

Seeks to provide long-term capital appreciation by investing in a concentrated all cap portfolio of securities.

View Fund Details

ARLSX

River Road Long-Short Fund

Seeks to provide absolute return while minimizing volatility by investing in U.S. stocks River Road expects to increase in value, and shorting stocks River Road expects to decrease in value.

View Fund Details

ARSMX

River Road Small-Mid Cap Value Fund

Seeks to provide long-term capital appreciation by investing in a portfolio of small and mid capitalization equity securities.

View Fund Details

ARSVX

River Road Small Cap Value Fund

Seeks to provide long-term capital appreciation by investing in a portfolio of primarily small but also can invest in mid capitalization equity securities.

View Fund Details

Founded

2005


Headquarters

Louisville, KY


Affiliate Since

2014

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