FAMVX: FAM Value Investor

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FAMVX FAM Value Investor


Profile

FAMVX - Profile

Vitals

  • YTD Return -5.2%
  • 3 Yr Annualized Return 3.4%
  • 5 Yr Annualized Return 2.4%
  • Net Assets $1.28 B
  • Holdings in Top 10 48.5%

52 WEEK LOW AND HIGH

$76.65
$52.67
$86.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.19%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 7.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500
  • IRA $100

Fund Classification


Distributions

  • YTD Total Return -5.2%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    FAM Value Fund
  • Fund Family Name
    FAM
  • Inception Date
    Jan 02, 1987
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Putnam

Fund Description

The fund's adviser employs a "value approach" in making its common stock selections. Generally, the adviser will attempt to remain fully invested in common stocks and securities that are convertible into common stocks, such as convertible bonds and convertible preferred stocks. The fund may invest in the securities of issuers of all sizes and market capitalizations. It may also invest in the securities of both domestic and foreign issuers and it may invest in shares of other investment companies, including exchange-traded funds ("ETFs").


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Categories

Performance

FAMVX - Performance

Return Ranking - Trailing

Period FAMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.2% -20.4% 1958.8% 94.59%
1 Yr -3.0% -66.6% 2062.5% 89.82%
3 Yr 3.4%* -44.8% 184.3% 63.78%
5 Yr 2.4%* -32.4% 21.3% 56.63%
10 Yr 6.4%* -16.8% 19.5% 45.37%

* Annualized

Return Ranking - Calendar

Period FAMVX Return Category Return Low Category Return High Rank in Category (%)
2019 22.0% -50.2% 44.9% 63.89%
2018 -9.9% -51.7% 5.6% 24.62%
2017 11.7% -21.1% 34.8% 73.06%
2016 9.6% -61.7% 40.3% 9.93%
2015 -9.8% -54.0% 12.2% 68.66%

Total Return Ranking - Trailing

Period FAMVX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.2% -20.4% 1958.8% 94.59%
1 Yr -3.0% -66.6% 2062.5% 89.64%
3 Yr 6.5%* -40.5% 184.3% 66.93%
5 Yr 7.2%* -25.4% 23.2% 52.36%
10 Yr 10.5%* -9.7% 19.6% 55.56%

* Annualized

Total Return Ranking - Calendar

Period FAMVX Return Category Return Low Category Return High Rank in Category (%)
2019 22.0% -50.2% 44.9% 63.89%
2018 -6.1% -51.7% 12.2% 30.77%
2017 17.3% -7.0% 39.4% 79.39%
2016 15.3% -61.7% 40.3% 2.87%
2015 -1.7% -54.0% 12.2% 53.92%

NAV & Total Return History


Holdings

FAMVX - Holdings

Concentration Analysis

FAMVX Category Low Category High FAMVX % Rank
Net Assets 1.28 B 867 K 34.1 B 45.10%
Number of Holdings 37 16 2543 90.55%
Net Assets in Top 10 592 M 185 K 7.15 B 27.63%
Weighting of Top 10 48.51% 6.9% 96.0% 8.20%

Top 10 Holdings

  1. Brown & Brown Inc 6.41%
  2. IDEX Corp 6.17%
  3. Ross Stores Inc 5.66%
  4. CDW Corp 5.31%
  5. CarMax Inc 4.66%
  6. Markel Corp 4.60%
  7. Brookfield Asset Management Inc Class A 4.46%
  8. Illinois Tool Works Inc 4.15%
  9. Berkshire Hathaway Inc Class A 3.61%
  10. Air Products & Chemicals Inc 3.47%

Asset Allocation

Weighting Return Low Return High FAMVX % Rank
Stocks
92.41% 90.86% 117.39% 97.50%
Cash
7.60% -22.20% 14.02% 2.67%
Preferred Stocks
0.00% 0.00% 0.70% 8.20%
Other
0.00% -13.15% 4.82% 14.44%
Convertible Bonds
0.00% 0.00% 0.14% 2.32%
Bonds
0.00% 0.00% 4.49% 4.63%

Stock Sector Breakdown

Weighting Return Low Return High FAMVX % Rank
Financial Services
27.88% 0.00% 38.56% 1.96%
Industrials
21.38% 0.00% 35.59% 7.13%
Technology
18.97% 0.00% 58.99% 93.40%
Consumer Cyclical
17.69% 0.24% 58.93% 6.77%
Basic Materials
5.92% 0.00% 18.77% 2.85%
Healthcare
3.56% 0.00% 40.78% 95.72%
Consumer Defense
2.47% 0.00% 16.47% 59.89%
Energy
2.12% 0.00% 34.63% 4.46%
Utilities
0.00% 0.00% 6.22% 26.56%
Real Estate
0.00% 0.00% 17.76% 90.37%
Communication Services
0.00% 0.00% 26.42% 90.91%

Stock Geographic Breakdown

Weighting Return Low Return High FAMVX % Rank
US
85.73% 80.29% 107.56% 91.27%
Non US
6.68% 0.00% 17.06% 24.60%

Expenses

FAMVX - Expenses

Operational Fees

FAMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.05% 27.43% 44.47%
Management Fee 0.90% 0.00% 1.50% 86.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.40% 88.89%

Sales Fees

FAMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FAMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 1.93% 385.00% 3.06%

Distributions

FAMVX - Distributions

Dividend Yield Analysis

FAMVX Category Low Category High FAMVX % Rank
Dividend Yield 0.00% 0.00% 38.32% 4.28%

Dividend Distribution Analysis

FAMVX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FAMVX Category Low Category High FAMVX % Rank
Net Income Ratio -0.03% -2.56% 1.52% 23.65%

Capital Gain Distribution Analysis

FAMVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FAMVX - Fund Manager Analysis

Managers

Thomas Putnam


Start Date

Tenure

Tenure Rank

Jan 02, 1987

33.6

33.6%

Founder & Chairman Mr. Putnam is Founder and Chairman of Fenimore Asset Management and FAM Funds. Tom reinforces the firm’s vision and provides research, insight, and guidance for its separately managed portfolio business and mutual funds. Mr. Putnam earned his BA from the University of Rochester and MBA from Tulane University before establishing the firm in 1974. Not only is Tom dedicated to Fenimore’s investors, he is passionate about investing in the community. Tom is a former member of the Investment Company Institute (ICI) Board of Governors, Cobleskill Regional Hospital Board, and Reformed Church of America Investment Committee. Tom currently serves on the New York State Historical Association (Fenimore Art Museum) Board, Catskill Area Hospice and Palliative Care Foundation Board, Guideposts Board, and Guideposts Foundation Board.

John Fox


Start Date

Tenure

Tenure Rank

May 01, 2000

20.26

20.3%

Chief Investment Officer As Chief Investment Officer, Mr. Fox is responsible for overseeing the development, implementation, and monitoring of Fenimore’s investment strategies and portfolios by coordinating the Investment Research Team's efforts. John also serves as the primary communicator and educator of the firm’s long-term investment philosophy and process. Additionally, John is Co-Manager of the FAM Value Fund, a Fenimore Principal, and active in the community. Prior to joining us in 1996, Mr. Fox spent 10 years in the financial services industry as a financial analyst and life insurance executive. He holds a BS from Fairfield University, MBA from the University of Connecticut, Chartered Financial Consultant (ChFC) designation from the American College in Bryn Mawr, PA, and Chartered Financial Analyst (CFA)

Andrew Wilson


Start Date

Tenure

Tenure Rank

Jul 17, 2017

3.04

3.0%

Andrew P. Wilson, CFA, serves as co-manager of FAM Value Fund. Mr. Wilson is employed by Fenimore as an Investment Research Analyst and joined the firm 2011. He has been actively involved in portfolio management and investment research activities since 1996.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.6 8.25 3.42