Homestead Funds Value Fund

 (MUTF:HOVLX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.10%  
1 week
   
-1.49%  
4 week
   
-1.51%  
3 month   +2.39%
   
YTD   +3.69%
   
1 year   +17.05%
   
3 years*   +8.80%
   
5 years*   +12.98%
   
*annualized
Best 3 month return+27.87%  
Worst 3 month return-31.11%  

Morningstar statistics

Morningstar category: Large Value
  Return Risk Rating
3 years Above Average Above Average
5 years Above Average Above Average
10 years Above Average Above Average
Overall Above Average Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.00B 
Front load-  
Deferred load-  
Expense ratio0.59%  
Management fee-  
Fund familyHomestead 

Asset allocation

Cash0.00%  
Stocks98.51%  
Bonds0.00%  
Other1.50%  

Purchase information

Initial$500  
IRA Initial$200  
49.46-0.05(-0.10%)
Mar 22, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks capital growth over the long term and secondarily, income. The fund invests in stocks of established companies selling below what RE Advisers believes to be their fundamental value. These are typically sizable businesses with market capitalizations of $2 billion or greater. Under ordinary conditions, it will invest at least 80% of its net assets in common stocks of these companies. To determine whether a stock is undervalued, RE Advisers considers, among other factors, earnings valuations, debt ratios and any competitive advantages a company may have.
Fund filings (PDF) »
Asset managers:
Prabha Carpenter (Started: May 5, 2014)
Mark Ashton (Started: Jan 31, 1999)
Advisor Company:
RE Advisers Corp (DC)
Fund family reports on Morningstar »
Homestead, 4301 Wilson Blvd., IFS8-305, Arlington ,VA22203, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -1.83 -2.07 -1.44 -1.06
Beta* 1.10 1.12 1.09 1.08
Mean annual return 1.94 0.82 1.12 0.68
R-squared* 86.92 92.35 91.18 95.93
Standard deviation 9.58 12.09 11.66 16.94
Sharpe ratio 2.39 0.80 1.14 0.44
* Against standard index

Top 10 holdings

Security Net Assets  
JPMorgan Chase & Co (JPM) 4.66%  
Intel Corp (INTC) 4.48%  
Southwest Airlines Co (LUV) 4.39%  
Bristol-Myers Squibb Company (BMY) 4.39%  
Dow Chemical Co (DOW) 4.25%  
Cisco Systems Inc (CSCO) 4.23%  
Avery Dennison Corp (AVY) 3.81%  
Pfizer Inc (PFE) 3.75%  
General Electric Co (GE) 3.65%  
Chevron Corp (CVX) 3.62%