Homestead Funds Value Fund (HOVLX)
The fund invests in stocks of companies selling below what RE Advisers believes to be their fundamental value. To determine whether a stock is undervalued, RE Advisers considers, among other factors, potential earning power, financial ratios and any competitive advantages a company may have.
Fund Info
| ISIN | US4377692011 |
|---|---|
| CUSIP | 437769201 |
| Issuer | Homestead |
| Inception Date | Nov 19, 1990 |
| Category | Large Cap Value Equities |
| Min. Investment | $500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
HOVLX features an expense ratio of 0.63%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HOVLX vs. HSTIX, HOVLX vs. SCHD, HOVLX vs. PEYAX, HOVLX vs. SCHV, HOVLX vs. FHLC, HOVLX vs. DGRO, HOVLX vs. VTV, HOVLX vs. FDVV, HOVLX vs. IWD, HOVLX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Homestead Funds 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
Homestead Funds Value Fund had a return of 19.06% year-to-date (YTD) and 31.55% in the last 12 months. Over the past 10 years, Homestead Funds Value Fund had an annualized return of 10.86%, which was very close to the S&P 500 benchmark's annualized return of 11.37%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.06% | 25.23% |
| 1 month | 3.05% | 3.86% |
| 6 months | 7.65% | 14.56% |
| 1 year | 31.55% | 36.29% |
| 5 years (annualized) | 12.23% | 14.10% |
| 10 years (annualized) | 10.86% | 11.37% |
Monthly Returns
The table below presents the monthly returns of HOVLX, 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 | 1.29% | 6.13% | 4.50% | -4.07% | 1.88% | 0.09% | 2.18% | 2.17% | 1.11% | -1.06% | 19.06% | ||
| 2023 | 2.68% | -2.86% | -0.95% | 2.01% | -3.54% | 6.46% | 3.93% | -2.60% | -2.61% | -2.44% | 7.60% | 5.45% | 12.93% |
| 2022 | -2.94% | -1.86% | 1.72% | -5.51% | 2.41% | -8.42% | 6.69% | -3.07% | -7.89% | 11.45% | 7.39% | -3.64% | -5.67% |
| 2021 | -1.06% | 5.86% | 5.09% | 5.23% | 2.57% | -1.34% | 1.26% | 2.65% | -5.39% | 5.82% | -2.70% | 5.39% | 25.09% |
| 2020 | -2.06% | -9.38% | -14.28% | 11.74% | 4.48% | -0.35% | 2.57% | 6.37% | -2.87% | -1.25% | 13.10% | 2.85% | 7.74% |
| 2019 | 5.98% | 4.73% | 0.91% | 2.99% | -6.15% | 6.46% | 0.53% | -3.60% | 2.88% | 2.86% | 3.68% | 3.40% | 26.70% |
| 2018 | 4.85% | -4.30% | -2.67% | -0.28% | 0.98% | -0.53% | 5.97% | 2.13% | 1.14% | -9.03% | 4.42% | -8.10% | -6.52% |
| 2017 | 0.55% | 4.75% | -0.72% | 0.48% | 0.40% | 1.11% | 0.61% | 0.06% | 5.33% | 2.78% | 3.11% | 1.95% | 22.22% |
| 2016 | -6.39% | 0.71% | 6.69% | 2.19% | 1.27% | -0.07% | 3.18% | -0.12% | 0.18% | -2.99% | 5.66% | 1.98% | 12.23% |
| 2015 | -3.64% | 6.60% | -1.23% | 1.51% | 0.10% | -3.20% | -0.40% | -5.48% | -3.00% | 10.66% | 1.00% | -3.12% | -1.33% |
| 2014 | -3.12% | 4.25% | 1.09% | 1.21% | 2.36% | 2.40% | -1.27% | 3.36% | -2.59% | 1.87% | 2.83% | 0.78% | 13.65% |
| 2013 | 7.30% | 2.11% | 5.11% | -0.20% | 4.19% | -1.26% | 4.83% | -4.04% | 2.86% | 5.03% | 2.33% | 3.23% | 35.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HOVLX is 82, placing it in the top 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Homestead Funds Value Fund provided a 1.22% dividend yield over the last twelve months, with an annual payout of $0.70 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.73 | $0.68 | $0.64 | $0.66 | $0.83 | $0.91 | $1.00 | $1.10 | $0.94 | $0.78 | $0.76 |
Dividend yield | 1.22% | 1.49% | 1.48% | 1.19% | 1.39% | 1.60% | 1.94% | 1.80% | 2.31% | 2.02% | 1.54% | 1.67% |
Monthly Dividends
The table displays the monthly dividend distributions for Homestead Funds 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 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.73 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.64 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.66 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.83 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.91 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $1.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $1.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.94 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.78 |
| 2013 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.76 |
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 Homestead Funds 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 Homestead Funds Value Fund was 57.48%, occurring on Mar 5, 2009. Recovery took 971 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.48% | Jul 16, 2007 | 413 | Mar 5, 2009 | 971 | Jan 14, 2013 | 1384 |
| -38.08% | Feb 13, 2020 | 27 | Mar 23, 2020 | 161 | Nov 9, 2020 | 188 |
| -33.87% | Jul 6, 1999 | 174 | Mar 7, 2000 | 955 | Dec 29, 2003 | 1129 |
| -19.32% | Jan 13, 2022 | 180 | Sep 30, 2022 | 207 | Jul 31, 2023 | 387 |
| -19.23% | Sep 24, 2018 | 64 | Dec 24, 2018 | 122 | Jun 20, 2019 | 186 |
Volatility
Volatility Chart
The current Homestead Funds Value Fund volatility is 3.69%, 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.