Cornercap Large/mid-Cap Value Fund
Data updated: 2021-06-10
C000012116 — Cornercap Large/mid-Cap Value Fund. United States Mid Cap Value Equity · 1.00% expense ratio. Holdings, fees, performance and SEC filings.
C000012116 Fund Overview
Cornercap Large/mid-Cap Value Fund is a US mutual fund managed by CornerCap Group of Funds /VA/, 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: CornerCap Group of Funds /VA/
- Category: United States Mid Cap Value Equity
- 1-year return: 25.3%
- SEC CIK: 0000789280
- SEC series ID: S000004378
- Share class ID: C000012116
C000012116 Investment Objective and Strategy
Cornercap Large/mid-Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by CornerCap Group of Funds /VA/.
Investment objective
"The investment objective of the CornerCap Large/Mid-Cap Value Fund (the ""Large/Mid-Cap Value Fund"") is long-term capital appreciation."
Principal investment strategy
"To meet its investment objective, the Large/Mid-Cap Value Fund typically invests 80% or more of its net assets in U.S. common stocks of large-cap and mid-cap companies. The Adviser defines large-cap and mid-cap companies to be those companies with market capitalizations within the range of the Russell 1000 Index at the time of purchase that the Adviser believes are attractively valued relative to the market. The market capitalization range of the Russell 1000 Index was $306 million to $909.3 billion as of June 30, 2018, and is expected to change frequently. The Adviser uses Fundametrics , the Adviser's proprietary quantitative research system, to select stocks for the Large/Mid-Cap Value Fund. Fundametrics evaluates all stocks in the Large/Mid-Cap Value Fund's investible universe with respect to over 120 fundamental factors.
Fundametrics was designed to evaluate stocks on many of the same criteria used by a human analyst, but is done using a systematic approach that minimizes human emotion and bias. Buy and sell decisions are determined by a subset of factors contained within the Fundametrics ""Alpha Composite"" and ""Financial Warnings Overlay"". The Alpha Composite is a combination of alpha seeking factors designed to identify stocks with potential for excess returns. The makeup of the Alpha Composite is primarily valuation-focused factors, but also includes certain growth, momentum and other factors with low correlations to value for diversification purposes. The Financial Warnings Overlay is then applied to the Large/Mid-Cap Value Fund's investible universe of stocks using a separate set of risk factors designed to identify stocks with risk levels that the Adviser believes will lead to under performance.
The Financial Warnings Overlay is designed to avoid high risk stocks that otherwise have attractive valuation metrics. Potential ""buy"" stocks those that score highly with respect to the Alpha Composite and pass the Financial Warnings Overlay are then evaluated with respect to whether they would improve portfolio diversification. The Large/Mid-Cap Value Fund typically sells stocks that score low on the Alpha Composite or are flagged by the Financial Warnings Overlay as presenting unreasonable risk. The Large/Mid-Cap Value Fund may also invest in exchange-traded funds (""ETFs"") or other investment companies that hold securities in which the Large/Mid-Cap Value Fund may directly invest."
C000012116 Performance
Total returns for C000012116 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 25.3% |
C000012116 Risk Information
Risk metrics for C000012116, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.5%
C000012116 Costs and Fees
C000012116 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.30%
- Portfolio turnover: 92%
- Brokerage commissions: 9.65 bps of average net assets (SEC N-CEN)
C000012116 Cashflows
Over the 12 months to 2021-03, Cornercap Large/mid-Cap Value Fund had net outflows of $35.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | −$9.33M |
| 2021-02 | −$8.58M |
| 2021-01 | −$1.32M |
| 2020-12 | −$356.86K |
| 2020-11 | −$971.11K |
| 2020-10 | −$4.07M |
C000012116 Debt Constituents
No individual debt constituents are reported in Cornercap Large/mid-Cap Value Fund's latest SEC N-PORT filing.
C000012116 Prospectus and SEC Filings
Official Cornercap Large/mid-Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-12
- Prospectus (485BPOS) — filed 2019-08-15
- Prospectus (485BPOS) — filed 2018-08-15
- Portfolio holdings (N-PORT) — filed 2021-06-01
- Portfolio holdings (N-PORT) — filed 2021-02-23
- Portfolio holdings (N-PORT) — filed 2020-11-23
- Annual census (N-CEN) — filed 2021-06-10
- Annual census (N-CEN) — filed 2020-06-09
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.