The strategy uses original research to identify and exploit small-cap stocks which are out of favor during periods of temporary fundamental difficulty or are otherwise impaired. Candidates typically have earning power and cash generation capabilities significantly higher than is generally understood and may be the objects of significant restructuring. Our process has been consistently and successfully applied to the same target universe for more than four decades.
Seeks to outperform the Russell 2000® Value Index over a full market cycle.
Our Diversified Small Cap Value strategy is designed to exploit inefficiencies in the small cap sector of the market utilizing a quantitative methodology. We screen for more than 70 fundamental, valuation, and price-based factors that are utilized to identify companies for which the intrinsic value of the underlying business is significantly greater than the market price of the stock. The quantitative model is based on our 25-year fundamental Small Cap Value strategy, covers a broader universe, and has a more diversified portfolio consisting of approximately 160 stocks.
* Most recent quarter returns are not annualized. Past performance does not guarantee future results and there is no assurance that the Strategy will achieve its investment objective.