# Smead Value Fund - Class I1 (SVFFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/svffx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2009-12-21 In pursuit of its financial objectives, the fund strategically builds a focused portfolio generally comprising 25 to 30 companies. Its investments are concentrated in the equity securities of substantial U.S. enterprises, known as "large-cap" firms. The managers categorize large-cap companies as publicly listed American businesses boasting a market valuation greater than $5 billion. Furthermore, this fund employs a non-diversified investment approach. ## Key Facts | Metric | Value | |---|---| | Price | $104.06 | | Expense Ratio | 0.96% | | AUM (All Share Classes) | $4.05B | | NAV | $104.06 | | Holdings Count | — | | Distribution Yield (TTM) | 1.56% | | Annual Distribution (TTM) | $1.62 /share | | Distribution Frequency | Annual | | 52-Week Range | $79.12 – $104.06 | | Beta | 0.72 | ## Latest Distribution - Amount: $1.6204 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-19 ## Frequently Asked Questions ### What does SVFFX invest in? In pursuit of its financial objectives, the fund strategically builds a focused portfolio generally comprising 25 to 30 companies. Its investments are concentrated in the equity securities of substantial U.S. enterprises, known as "large-cap" firms. The managers categorize large-cap companies as publicly listed American businesses boasting a market valuation greater than $5 billion. Furthermore, this fund employs a non-diversified investment approach. ### What is the expense ratio of SVFFX? Smead Value Fund - Class I1 (SVFFX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SVFFX? Smead Value Fund - Class I1 (SVFFX) is one share class of a fund that manages $4.05B across all of its share classes (SMVLX, SVFAX, SVFDX, SVFKX, SVFYX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SVFFX actively managed or an index fund? SVFFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SVFFX's is 0.96%) in exchange for the discretion to over- or under-weight positions. ### When was SVFFX launched? Smead Value Fund - Class I1 (SVFFX) launched in December 2009 and is managed by the fund issuer. ### How has SVFFX performed? SVFFX'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. ### Does SVFFX pay a dividend? Smead Value Fund - Class I1 (SVFFX) currently distributes little or no income. Trailing-twelve-month yield is 1.56%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SVFFX pay dividends? Smead Value Fund - Class I1 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SVFFX's dividend yield? SVFFX's trailing-twelve-month yield is 1.56%, calculated from the sum of dividends over the past year divided by the current price. ### When is SVFFX's next ex-dividend date? The most recently announced ex-dividend date for SVFFX was 2025-12-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SVFFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.96% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SVFFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SVFFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SVFFX cost more than a fund like VOO? SVFFX is actively managed (current expense ratio 0.96%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SVFFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SVFFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SVFFX (0.96%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/svffx - Distribution history: https://www.dividenddata.com/funds/svffx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/svffx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/svffx/expenses - Peer comparison: https://www.dividenddata.com/funds/svffx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.