LSV Small Cap Value Fund

Frequently Asked Questions About LVAQX

What does LVAQX invest in?

Under ordinary market conditions, the fund aims to allocate a minimum of 80% of its total capital, which includes both net assets and any borrowed funds used for investments, into the stock of small-capitalization enterprises. A company qualifies as small-capitalization under this policy if its market value is less than $2.5 billion. Alternatively, if it's higher, the threshold will be the largest market capitalization represented in the Russell 2000® Value Index. This assessment of a company's market cap is always made at the point of the initial purchase.

What is the expense ratio of LVAQX?

LSV Small Cap Value Fund (LVAQX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LVAQX?

LSV Small Cap Value Fund (LVAQX) manages $689.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LVAQX actively managed or an index fund?

LVAQX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (LVAQX's is 1.08%) because there's no security selection cost.

When was LVAQX launched?

LSV Small Cap Value Fund (LVAQX) launched in June 2014 and is managed by the fund issuer.

How has LVAQX performed?

LVAQX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.