AVERX — Schwartz Value Focused Fund
Data updated: 2026-08-28
AVERX — Schwartz Value Focused Fund. United States Mid Cap Value Equity · $126.58M AUM · 1.05% expense ratio. Holdings, fees, performance and SEC filings.
AVERX Fund Overview
AVERX — Schwartz Value Focused Fund is a US mutual fund managed by Schwartz Investment Trust, categorised as United States Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Schwartz Investment Trust
- Category: United States Mid Cap Value Equity
- Assets under management: $126.58M
- 1-year return: 21.1%
- Ticker: AVERX
- SEC CIK: 0000891160
- SEC series ID: S000001548
- Share class ID: C000004202
AVERX Holdings
Top 10 holdings of Schwartz Value Focused Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Texas Pacific Land Corp. | 18.57% |
| Landbridge Company LLC | 10.08% |
| Waterbridge Infrastructure LLC | 8.75% |
| Chevron Corp. | 5.37% |
| Federated Hermes Money Market Obligations Trust | 5.07% |
| Expand Energy Corp. | 3.98% |
| Intel Corp. | 3.86% |
| Verisign, Inc. | 3.34% |
| Intercontinental Exchange, Inc. | 3.14% |
| Occidental Petroleum Corp. | 2.69% |
AVERX Portfolio Allocation
Asset-class allocation of Schwartz Value Focused Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 93.4% |
| Cash & Equivalents | 6.7% |
AVERX Performance
Total returns for AVERX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 19.0% |
| 1 year | 21.1% |
| 3 years (annualised) | 24.3% |
| 5 years (annualised) | 15.4% |
AVERX Risk Information
Risk metrics for AVERX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.8%
AVERX Costs and Fees
AVERX costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.13%
- Portfolio turnover: 57%
- Brokerage commissions: 14.82 bps of average net assets (SEC N-CEN)
AVERX Cashflows
Over the 12 months to 2026-06, Schwartz Value Focused Fund had net inflows of $16.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.94M |
| 2026-05 | $6.54M |
| 2026-04 | $6.71M |
| 2026-03 | $9.34M |
| 2026-02 | $1.84M |
| 2026-01 | $956.17K |
AVERX Debt Constituents
No individual debt constituents are reported in Schwartz Value Focused Fund's latest SEC N-PORT filing.
AVERX Prospectus and SEC Filings
Official Schwartz Value Focused Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-02-26
- Annual census (N-CEN) — filed 2025-02-24
Related Funds
Other United States Mid Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.