Investment objective & strategy
As of May 30, 2025 · prospectusObjective. The investment objective of the Channing Intrinsic Value Small-Cap Fund (the Fund) is long-term capital appreciation.
Strategy. The Fund seeks long-term capital appreciation. To pursue its goal, the Fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The Fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index. The Funds portfolio is selected utilizing the Advisors fundamental, bottom-up value investment philosophy that focuses on making concentrated investments in undervalued and neglected small cap companies that are broadly diversified across many market sectors. The Fund seeks long-term capital appreciation. To pursue its goal, the Fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The Fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index. The Funds portfolio is selected utilizing the Advisors fundamental, bottom-up value investment philosophy that focuses on making concentrated investments in undervalued and neglected small cap companies that are broadly diversified across many market sectors.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| LITTELFUSE INC | — | $335.87K | 3.05% |
| VALVOLINE INC | — | $305.02K | 2.77% |
| OneSpaWorld Holdings Ltd. COM USD0.0001 | OSW US | $291.26K | 2.65% |
| GATES INDUSTRIAL | — | $290.49K | 2.64% |
| SOUTHWEST GAS HOLDINGS INC | — | $289.58K | 2.63% |
| FIRST AMERICAN FINANCIAL CORP | — | $287.53K | 2.61% |
| TIMKEN CO | — | $286.65K | 2.61% |
| HEXCEL CORPORATION | — | $286.21K | 2.60% |
| MSA SAFETY INC | — | $282.20K | 2.56% |
| MCGRATH RENTCORP | — | $280.13K | 2.55% |
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. |
|---|---|---|
| LVIP Channing Small Cap Value Fund | 83% | 0.88% |
| Lord Abbett Focused Small Cap Value Fund · LFVAX, LMVYX, LMVWX, LMVVX, LFVCX, LMVOX, LFSFX | 17% | 0.99% |
| Victory RS Partners Fund · RSPFX, RSPKX, RSPYX, RSPMX, RPPRX | 16% | 0.89% |
Advisers
| Firm | Role |
|---|---|
| Channing Capital Management, LLC | Adviser |
Footnotes
- Expense ratio as of May 30, 2025, 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. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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