River Road Small Cap Value Fund  (ARSIX)

Fund Overview

Fund Overview

Share Class

I

NAV | as of 09/21/2020

$10.81
-$0.22 (-1.99%)

Morningstar | Style Box

V B G L M S

Overall Morningstar Rating


Rated against 612 Small Blend funds as of 08/31/2020

View Morningstar Details

Growth of $10,000 (Hypothetical)

Since Inception 12/13/2006 to 08/31/2020 = $20,628.41

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

Why Consider

  • May be appropriate for investors looking to gain exposure to U.S. small cap, value-oriented, stocks
  • Enlightened risk management—portfolio managers will not average down on losing positions
  • Employs a proprietary, fundamentals-driven Absolute Value® investment philosophy, targeting well-managed, financially strong companies that generate predictable and sustainable cash flows and trade at attractive discounts

Documents

View All Documents
James C. Shircliff, CFA

James C. Shircliff, CFA

Chief Investment Officer

See Our Approach Read Bio
R. Andrew Beck

R. Andrew Beck

Chief Executive Officer and President

See Our Approach Read Bio
J. Justin Akin

J. Justin Akin

Vice President and 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: 1.11%
  • Net Expense Ratio: 1.11%
  • Expense Cap Expiration Date: N/A

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 16, 2019 $0.796600 $0.007200 $0.345100 $0.444300
      Dec 27, 2018 $1.398800 $0.009700 $0.277800 $1.111300
      Dec 27, 2017 $1.948900 $0.006000 $0.390400 $1.552500
      Dec 27, 2016 $0.670600 $0.403800 $0.266800
      Dec 30, 2015 $0.718700 $0.072400 $0.646300
      Dec 30, 2014 $1.986500 $0.447600 $1.538900
      Dec 30, 2013 $3.658500 $0.078200 $0.500000 $3.080300
      Dec 28, 2012 $0.693700 $0.260400 $0.433300
      Dec 29, 2010 $0.064900 $0.064900
      Dec 29, 2009 $0.031000 $0.031000
      Dec 29, 2008 $0.033200 $0.033200
      Dec 14, 2007 $0.544300 $0.008200 $0.474500 $0.061600
      Sep 14, 2007 $0.016100 $0.016100
      Jun 15, 2007 $0.028900 $0.028900
      Mar 16, 2007 $0.012500 $0.012500
      Dec 15, 2006 $0.157600 $0.031500 $0.123400 $0.002700

Risk & Return Stats

As of: 08/31/2020

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 06/30/2020

Cannae Holdings Inc 5.19%
Air Transport Services Group Inc 4.19%
Premier Inc, Class A 3.76%
BJ's Wholesale Club Holdings Inc 3.71%
UniFirst Corp 3.20%
Hostess Brands Inc, Class A 3.07%
Argan Inc 2.79%
Cubic Corp 2.61%
White Mountains Insurance Group Ltd 2.53%
Computer Services Inc 2.51%
% in Top 10 Holdings 33.56%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 06/30/2020

Investment Approach

Investment Approach

River Road Small Cap Value Fund

Under normal conditions, the Fund invests at least 80% of its assets in small-cap equities deemed out of favor and/or undervalued relative to a company’s prospects for growth or relative to its peers. Target companies will typically have market capitalizations below $3B at the time of purchase; however, the Fund may also invest in midcap stocks, which the Fund considers to be companies with market capitalizations between $1B and $3B at the time of acquisition based on opportunity set. The Fund's Absolute Value® approach utilizes systematic and dynamic proprietary research to analyze companies based on the following investment criteria:

  • Financial strength trading at a discount to assessed valuation
  • Shareholder-oriented management teams
  • Undiscovered, under-followed, misunderstood companies with attractive business models

Keep Calm and Remain Diversified

 
A short- and long-term review of the power of diversification.
Read Full Perspective

The Case for International Small-Cap

 
International small-cap stocks are often under-utilized in a portfolio. An allocation may offer investors the potential to generate higher absolute and risk-adjusted returns.
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

ARDEX

River Road Dividend All Cap Value Fund

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.

View Fund Details

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

Founded

2005


Headquarters

Louisville, KY


Affiliate Since

2014

Funds to Consider

HLMNX

Harding Loevner International Equity Portfolio

The Portfolio seeks long-term capital appreciation through investments in equity securities of companies based outside the United States.


Overall Morningstar Rating

Rated against 413 Foreign Large Growth funds as of 08/31/2020
★★★

HLMNX
MSCI ACWI ex USA Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

TYWVX

GW&K Emerging Wealth Equity Fund

Seeks to provide long-term capital appreciation by investing in emerging market companies and developed market companies that have emerging markets revenue exposure.


Overall Morningstar Rating

Rated against 695 Diversified Emerging Mkts funds as of 08/31/2020
★★★★

TYWVX
MSCI Emerging Markets Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

GWMIX

GW&K Municipal Bond Fund

The Fund seeks to provide current income, exempt from federal income tax, and capital preservation by primarily investing in a portfolio of high-quality municipal bonds.


Overall Morningstar Rating

Rated against 240 Muni National Interm funds as of 08/31/2020
★★★

GWMIX
Bloomberg Barclays 10-Year Municipal Bond Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

Discover how AMG Funds brings more than 70 products from over 25 independent boutiques together under one flag.

Learn More About AMG Funds
  Back To Top