Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. The LSV Value Equity Funds (the Fund) investment objective is long-term growth of capital.
Strategy. Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. This investment policy can be changed by the Fund upon 60 days prior written notice to shareholders. The equity securities in which the Fund invests are mainly common stocks. Although the Fund may invest in securities of companies of any size, the Fund generally invests in companies with market capitalizations of $1 billion or more at the time of purchase. In selecting securities for the Fund, LSV Asset Management (the Adviser or LSV) focuses on companies whose securities, in the Advisers opinion, are out-of-favor (undervalued) in the marketplace at the time of purchase in light of factors such … Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. This investment policy can be changed by the Fund upon 60 days prior written notice to shareholders. The equity securities in which the Fund invests are mainly common stocks. Although the Fund may invest in securities of companies of any size, the Fund generally invests in companies with market capitalizations of $1 billion or more at the time of purchase. In selecting securities for the Fund, LSV Asset Management (the Adviser or LSV) focuses on companies whose securities, in the Advisers opinion, are out-of-favor (undervalued) in the marketplace at the time of purchase in light of factors such as the companys earnings, book value, revenues or cash flow, but show signs of recent improvement. The Adviser believes that these out-of-favor securities will produce superior future returns if their future growth exceeds the markets low expectations. The Adviser uses a quantitative investment model to make investment decisions for the Fund. The investment model ranks securities based on fundamental measures of value (such as the price-to-earnings ratio) and indicators of near-term appreciation potential (such as recent price appreciation). The investment model selects stocks to buy from the higher-ranked stocks and selects stocks to sell from those whose rankings have decreased, subject to overall risk controls.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL A | — | $32.44M | 2.82% |
| CITIGROUP INC | — | $22.09M | 1.92% |
| CISCO SYSTEMS INC | — | $20.67M | 1.79% |
| BRISTOL-MYERS SQUIBB CO | — | $19.59M | 1.70% |
| VERIZON COMMUNICATIONS INC | — | $19.59M | 1.70% |
| QUALCOMM INC | — | $19.38M | 1.68% |
| ALTRIA GROUP INC | — | $18.67M | 1.62% |
| MERCK & CO | — | $16.81M | 1.46% |
| WELLS FARGO & CO | — | $16.64M | 1.44% |
| DELL TECHNOLOGIES INC CL C | — | $16.19M | 1.41% |
Portfolio moves
Jan 31, 2026 → Apr 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| LSV Conservative Value Equity Fund · LSVVX, LVAVX | 56% | 0.35% |
| LSV U.S. Managed Volatility Fund · LSVMX, LVAMX | 49% | 0.55% |
| SIMT Large Cap Value Fund · SEUIX, TRMVX, SVAYX | 48% | 0.69% |
Advisers
| Firm | Role |
|---|---|
| LSV Asset Management | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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