Aegis Value Fund (AVALX)
The fund invests primarily in common stocks that the fund's investment advisor believes are significantly undervalued relative to the market based on fundamental accounting measures including book value (assets less liabilities), revenues, or cash flow. It has no percentage allocation for investments in small- or mid-capitalization companies, and the fund may invest up to 100% of its portfolio in the securities of these companies.
Fund Info
US00761L1026
00761L102
May 15, 1998
$10,000
Small-Cap
Value
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aegis Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Aegis Value Fund had a return of 18.47% year-to-date (YTD) and 22.01% in the last 12 months. Over the past 10 years, Aegis Value Fund had an annualized return of 9.44%, while the S&P 500 had an annualized return of 11.21%, indicating that Aegis Value Fund did not perform as well as the benchmark.
AVALX
18.47%
2.17%
8.22%
22.01%
22.21%
9.44%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of AVALX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.98% | -1.55% | 8.71% | 1.53% | 7.51% | -7.14% | 6.04% | 2.95% | 1.94% | 0.72% | 18.47% | ||
| 2023 | 11.04% | -3.01% | 0.81% | -1.01% | -7.92% | 6.80% | 4.85% | -3.84% | 0.79% | -1.89% | 7.15% | -1.44% | 11.30% |
| 2022 | 2.17% | 5.34% | 9.68% | -0.82% | 0.18% | -15.03% | 11.05% | -5.64% | -11.86% | 9.00% | 13.52% | -2.96% | 10.50% |
| 2021 | 0.43% | 10.12% | 4.04% | 11.68% | 12.46% | -6.77% | -2.79% | -0.91% | -0.70% | 5.49% | -5.14% | 6.74% | 37.67% |
| 2020 | -6.60% | -10.46% | -26.70% | 25.06% | 3.58% | 13.63% | 9.19% | 7.13% | -6.45% | -2.35% | 12.65% | 4.49% | 13.48% |
| 2019 | 15.74% | 0.28% | -0.28% | 0.17% | -11.01% | 9.29% | -2.81% | 2.19% | -0.75% | -3.20% | -1.14% | 15.64% | 22.98% |
| 2018 | 0.61% | -1.37% | 2.10% | 1.05% | 3.38% | -0.96% | -2.47% | -1.49% | -1.41% | -1.84% | -6.79% | -13.55% | -21.46% |
| 2017 | 3.88% | -4.08% | 0.36% | 0.12% | -8.89% | 5.96% | 3.09% | -4.01% | 0.87% | 1.73% | 10.58% | 8.14% | 17.37% |
| 2016 | -8.63% | 13.52% | 19.55% | 23.32% | -6.57% | 2.32% | 7.69% | -0.26% | 1.85% | -5.84% | 5.07% | 7.88% | 70.70% |
| 2015 | -5.64% | 3.80% | -3.19% | 7.88% | -1.12% | 1.66% | -15.13% | 10.49% | -10.28% | -1.06% | -4.72% | -6.79% | -24.00% |
| 2014 | -2.77% | 3.00% | -1.60% | 1.62% | -3.43% | 6.37% | -6.67% | 2.99% | -11.55% | -6.07% | -4.00% | -21.87% | -38.39% |
| 2013 | 7.81% | 3.82% | 4.39% | -1.37% | 4.43% | 0.72% | 4.77% | -0.53% | 2.97% | 1.89% | -0.00% | -1.14% | 31.01% |
Expense Ratio
AVALX has a high expense ratio of 1.50%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AVALX is 30, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Aegis Value Fund (AVALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Aegis Value Fund provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $0.05 | $0.00 | $0.44 | $0.05 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.04 |
Dividend yield | 0.55% | 0.65% | 0.16% | 0.00% | 2.10% | 0.25% | 0.00% | 0.00% | 1.45% | 0.04% | 0.00% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Aegis Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Aegis Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Aegis Value Fund was 79.55%, occurring on Mar 9, 2009. Recovery took 991 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -79.55% | Dec 7, 2006 | 565 | Mar 9, 2009 | 991 | Feb 13, 2013 | 1556 |
| -61.25% | Jul 7, 2014 | 389 | Jan 20, 2016 | 1248 | Jan 4, 2021 | 1637 |
| -32% | Apr 21, 2022 | 109 | Sep 26, 2022 | 377 | Apr 2, 2024 | 486 |
| -18.37% | Jun 2, 2021 | 57 | Aug 20, 2021 | 100 | Jan 12, 2022 | 157 |
| -17.42% | May 15, 2002 | 207 | Mar 11, 2003 | 56 | May 30, 2003 | 263 |
Volatility
Volatility Chart
The current Aegis Value Fund volatility is 4.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.