2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
1 / 5 Stars
#122 in Small Blend
U.S. News evaluated 229 Small Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 20.91 percent over the past year, 9.50 percent over the past three years, and 15.96 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||8.1%|
|3 Years (Annualized)||9.5%|
|5 Years (Annualized)||16.0%|
|10 Years (Annualized)||10.3%|
Paradigm Value's heady relative performance has trailed off a bit lately.
As of July 03, 2014, the fund has assets totaling almost $119.94 million invested in 64 different holdings. Its portfolio consists of shares of small and mid-sized companies.
This fund launched in 2002. Between 2003 and 2007, it finished every year in the top quarter of its Morningstar category. In two of those years, it landed in the top percentile of its Morningstar category. For much of that period, the fund was classified by Morningstar as a small value product. Since then, however, it has moved into small blend territory, and its relative performance has become less impressive.
Lately, the fund's tech holdings have put a damper on performance. Notably, QLogic Corporation and Covergys Corporation have both hurt the fund's numbers in 2011. The fund's healthcare holdings, including Vanda Pharmaceuticals and Myriad Genetics, have also been struggling. While the fund's longer-term numbers are still superb, its moderately high turnover ratio and price tag can both detract from long-term efficiency. The fund has returned 20.91 percent over the past year, 9.50 percent over the past three years, and 15.96 percent over the past five years.
According to the fund's prospectus: "The Value Fund invests primarily in the common stocks of small capitalization companies ($2.5 billion or less at the time of purchase) that the Advisor believes have the potential for capital appreciation. The Value Fund primarily invests in companies that exhibit attractive valuations on several metrics, such as price to earnings, price to cash flow, price to book and price to revenue. The Fund may be overweight in certain sectors at various times. Securities are sold when they have realized their anticipated value or if new investment opportunities with higher expected returns are acquired."
Role in Portfolio
This fund could lend support to a well-balanced portfolio.
Jason V. Ronovech and Jonathan S. Vyorst manage the fund.
Paradigm Value Fund has an expense ratio of 1.50 percent.
Like all stock funds, this one comes with some risks.