AVALX Performance — Aegis Value Fund, Class I
Data updated: 2026-08-27
AVALX returned +11.19% year to date and +45.58% over one year to Jun 2026. Annualised returns are +29.59% over 3 years and +21.03% over 5 years. The fund beat its Global Small Value category average: $100 invested three years ago grew to $218, against $159 for the category, and to $146 over one year, against $124. Volatility over the past three years was 16.90% a year. In the 12 months to Jun 2026 the fund took in a net $281.5M, and assets reached $1.13B.
AVALX Growth of $100
What $100 invested in Aegis Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Small Value category average over the same months.
| Period | AVALX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $146 | $124 |
| 3 years (Jul 2023 – Jun 2026) | $218 | $159 |
| 5 years (Jul 2021 – Jun 2026) | $260 | $154 |
| Since data start (Jan 2020 – Jun 2026) | $485 | $185 |
AVALX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.19% |
| 1 year | +45.58% |
| 3 years (annualised) | +29.59% |
| 5 years (annualised) | +21.03% |
AVALX Annual Returns
Calendar-year total returns of Aegis Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.19% |
| 2025 | +67.08% |
| 2024 | +9.44% |
| 2023 | +13.12% |
| 2022 | +10.52% |
| 2021 | +37.65% |
| 2020 | +38.70% |
AVALX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.2% | +9.3% | −2.6% | +3.8% | −0.8% | −7.2% | — | — | — | — | — | — |
| 2025 | +2.8% | +0.9% | +7.7% | +0.7% | +10.8% | +2.5% | +1.3% | +9.7% | +7.8% | +0.3% | +5.7% | +3.2% |
| 2024 | −5.0% | −1.6% | +8.7% | +1.5% | +7.5% | −7.1% | +6.0% | +2.9% | +1.9% | +0.7% | +0.6% | −5.9% |
| 2023 | +11.0% | −3.0% | +0.8% | −1.0% | −7.9% | +6.8% | +4.9% | −3.8% | +0.8% | −1.9% | +7.1% | +0.2% |
| 2022 | +2.2% | +5.3% | +9.7% | −0.8% | +0.2% | −15.0% | +11.1% | −5.6% | −11.9% | +9.0% | +13.5% | −3.0% |
| 2021 | +0.4% | +10.1% | +4.0% | +11.7% | +12.5% | −6.8% | −2.8% | −0.9% | −0.7% | +5.5% | −5.1% | +6.7% |
| 2020 | +9.1% | −10.5% | −26.7% | +25.1% | +3.6% | +13.6% | +9.2% | +7.1% | −6.5% | −2.4% | +12.7% | +9.3% |
AVALX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.90%
- 3-year Sharpe ratio: 1.48 (vs 4.5% risk-free rate)
- Best month: +10.77% (May 2025)
- Worst month: −7.17% (Jun 2026)
AVALX Fund Flows
Monthly money in and out of Aegis Value Fund, from SEC Form N-PORT.
- 12-month net flow: $281.5M
- 12-month gross sales (incl. reinvestments): $644.4M
- Sales ÷ redemptions: 1.78×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $26.7M | $127.3M | −$100.6M |
| May 2026 | $35.9M | $60.2M | −$24.3M |
| Apr 2026 | $35.5M | $19.7M | $15.8M |
| Mar 2026 | $34.7M | $23.1M | $11.6M |
| Feb 2026 | $51.2M | $21.0M | $30.2M |
| Jan 2026 | $70.7M | $26.1M | $44.7M |
| Dec 2025 | $118.4M | $20.4M | $98.0M |
| Nov 2025 | $29.9M | $15.0M | $14.9M |
| Oct 2025 | $52.6M | $22.7M | $29.9M |
| Sep 2025 | $118.3M | $8.2M | $110.2M |
| Aug 2025 | $36.7M | $11.2M | $25.5M |
| Jul 2025 | $33.8M | $8.1M | $25.7M |
AVALX Assets Under Management
Net assets of Aegis Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.13B |
| 2026-03-31 | $1.29B |
| 2025-12-31 | $1.03B |
| 2025-09-30 | $830.99M |
| 2025-06-30 | $550.62M |
| 2025-03-31 | $423.63M |
| 2024-12-31 | $331.65M |
| 2024-09-30 | $353.01M |
| 2024-06-30 | $326.68M |
| 2024-03-31 | $329.60M |
| 2023-12-31 | $371.15M |
| 2023-09-30 | $347.85M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.