Walthausen Focused Small Cap Value Fund
Data updated: 2022-12-15
C000098163 — Walthausen Focused Small Cap Value Fund. United States Small Cap Value Equity · $5.95M AUM. Holdings, fees, performance and SEC filings.
C000098163 Fund Overview
Walthausen Focused Small Cap Value Fund is a US mutual fund managed by Walthausen Funds, categorised as United States Small 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: Walthausen Funds
- Category: United States Small Cap Value Equity
- Assets under management: $5.95M
- SEC CIK: 0001418191
- SEC series ID: S000030735
- Share class ID: C000098163
C000098163 Investment Objective and Strategy
Walthausen Focused Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Walthausen Funds.
Investment objective
The Walthausen Select Value Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund invests primarily in common stocks of small and mid capitalization companies that the Advisor believes have the potential for capital appreciation. Small and mid capitalization companies are defined by the Advisor as those with market capitalizations of $7 billion or less at the time of purchase. The Fund typically invests in 40 to 50 companies. Under normal circumstances, the Fund will invest at least 80% of its net assets in U.S. common stocks of small and mid capitalization companies, as defined above. The Fund emphasizes a value investment style, investing in companies that appear under-priced according to certain financial measurements of their worth or business prospects. Financial measures which are used to assess value are Price to Book ratio and Enterprise Value to EBITDA ratio compared to valuations which prevail in the market and in comparable securities.
The Advisor defines Enterprise Value as the market value of a companys equity, debt and unfunded pension claims, less cash. EBITDA is a companys earnings before interest, taxes, depreciation and amortization. The Advisor may sell a company when the company reaches the Advisors appraised value, when there is a more attractively priced company as an alternative, when the fundamentals of the business have changed, or when the Advisor determines that management of the company is not enhancing shareholder value. These portfolio reviews are conducted continuously through close monitoring of stock prices, changes in the economy, and corporate developments.
C000098163 Costs and Fees
C000098163 costs about $135 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.35%
- Gross expense ratio: 1.35%
- Portfolio turnover: 60%
- Brokerage commissions: 7.62 bps of average net assets (SEC N-CEN)
C000098163 Cashflows
Over the 12 months to 2022-10, Walthausen Focused Small Cap Value Fund had net outflows of $2.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-10 | $976.11K |
| 2022-09 | −$245.91K |
| 2022-08 | −$76.25K |
| 2022-07 | −$86.54K |
| 2022-06 | −$137.83K |
| 2022-05 | −$87.50K |
C000098163 Debt Constituents
No individual debt constituents are reported in Walthausen Focused Small Cap Value Fund's latest SEC N-PORT filing.
C000098163 Prospectus and SEC Filings
Official Walthausen Focused Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-05-27
- Prospectus (485BPOS) — filed 2021-06-11
- Prospectus (485BPOS) — filed 2020-10-22
- Portfolio holdings (N-PORT) — filed 2022-12-15
- Portfolio holdings (N-PORT) — filed 2022-09-16
- Portfolio holdings (N-PORT) — filed 2022-06-17
- Annual census (N-CEN) — filed 2022-04-11
- Annual census (N-CEN) — filed 2021-04-06
Related Funds
Other United States Small 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.