Villere Equity Fund

Frequently Asked Questions About VLEQX

What does VLEQX invest in?

Under typical market conditions, the Villere Equity Fund dedicates at least 80% of its total capital—encompassing both net assets and any borrowed funds used for investment—to equity-related holdings. While its core focus is on acquiring common stock in a concentrated portfolio of approximately 20 to 30 enterprises, the fund also retains the flexibility to invest in preferred shares, rights, and warrants. Additionally, it may, on occasion, participate in initial public offerings (IPOs). The portfolio's international exposure is capped at 10% of assets, which may be invested in foreign securities via American Depositary Receipts (ADRs).

What is the expense ratio of VLEQX?

Villere Equity Fund (VLEQX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VLEQX?

Villere Equity Fund (VLEQX) manages $32.7M 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 VLEQX actively managed or an index fund?

VLEQX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VLEQX launched?

Villere Equity Fund (VLEQX) launched in May 2013 and is managed by the fund issuer.

How has VLEQX performed?

VLEQX'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.