EICRX — EIC Value Fund
Data updated: 2026-09-22
EICRX — EIC Value Fund. United States Mid Cap Value Equity · $382.30M AUM · 1.21% expense ratio. Holdings, fees, performance and SEC filings.
EICRX Fund Overview
EICRX — EIC Value Fund is a US mutual fund managed by FundVantage 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: FundVantage Trust
- Category: United States Mid Cap Value Equity
- Assets under management: $382.30M
- Ticker: EICRX
- SEC CIK: 0001388485
- SEC series ID: S000031985
- Share class ID: C000099568
EICRX Investment Objective and Strategy
EIC Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.
Investment objective
"The EIC Value Fund (the ""Fund"") seeks to achieve long-term capital appreciation."
Principal investment strategy
"The Fund, under normal circumstances, primarily invests in common stocks of U.S. companies. The Fund may invest in the stocks of companies of any size. The Fund invests in companies the Adviser believes are well-managed, structurally sound and selling at a discount to their value as an ongoing business entity. The Adviser attempts to avoid investing in companies that appear to be inexpensive relative to their historical records, but are actually in long-term structural decline (i.e., ""value traps""). Starting with the Russell 3000 universe, the Adviser attempts to identify companies it believes have strong and stable returns on invested capital (""ROIC""), returns on equity (""ROE""), and, preferably, earnings growth. The Adviser may also identify companies through the use of traditional news sources and non-opinionated research and by monitoring companies with recent and significant price declines.
Once a potential candidate is identified, the Adviser determines whether the company is selling at a discount to its value as an ongoing business entity based upon the Adviser's in-house valuation models, which rely on ROE and growth as key inputs. After the Adviser identifies a company it believes is selling at a meaningful discount to its value as an ongoing concern, the Adviser employs a comprehensive set of web-based analytics to facilitate financial statement and ratio analysis which helps the Adviser to identify and avoid companies with characteristics consistent with potential value traps. The Adviser then performs additional research to gain further insight into accounting policies, factors impacting reported earnings, unusual transactions, attempts to manage earnings, and any other evidence that earnings-power is, or may in the future be, different than what the financial statements currently portray.
If a company passes all levels of analysis, then the Adviser may add it to the Fund's portfolio. The Adviser sells a position in a company if the Adviser believes the security has reached its full value, the company shows balance sheet stress (indicating potential earnings management, weak financial controls or possible earnings shortfalls), a major change occurs (rendering historical data invalid for determining the value of business ownership) or the Adviser believes the company's quality or financial strength fall below acceptable levels, or if a more attractive investment opportunity becomes available. Positions reaching 6% of the Fund's value may be trimmed to reduce exposure. Up to 20% of the Fund's net assets may be held in cash, cash equivalents, or short-term investments if the Adviser believes that there are not a sufficient number of currently compelling investment opportunities in which to fully invest the Fund's assets.
While holding a significant position in cash could help the Fund reduce losses during market downturns, it may have the effect of lessening the Fund's capital appreciation during market upturns."
EICRX Holdings
Top 10 holdings of EIC Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Verizon Communications, Inc. | 3.93% |
| Citizensselect Funds | 3.74% |
| Paypal Holdings, Inc. | 3.51% |
| Baxter International, Inc. | 3.16% |
| Medtronic PLC | 3.14% |
| Gsk PLC | 3.09% |
| United Parcel Service, Inc. | 3.03% |
| Zimmer Biomet Holdings, Inc. | 3.00% |
| Healthpeak Properties, Inc. | 2.98% |
| US Bancorp | 2.91% |
EICRX Portfolio Allocation
Asset-class allocation of EIC Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.4% |
| Cash & Equivalents | 3.7% |
EICRX Performance
Total returns for EICRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.4% |
| 1 year | 19.7% |
| 3 years (annualised) | 15.4% |
| 5 years (annualised) | 12.2% |
EICRX Risk Information
Risk metrics for EICRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.8%
EICRX Costs and Fees
EICRX costs about $121 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.21%
- Gross expense ratio: 1.27%
- Portfolio turnover: 27%
- Brokerage commissions: 2.33 bps of average net assets (SEC N-CEN)
EICRX Cashflows
Over the 12 months to 2026-04, EIC Value Fund had net inflows of $34.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$987.96K |
| 2026-03 | $1.98M |
| 2026-02 | $536.49K |
| 2026-01 | $910.04K |
| 2025-12 | $25.51M |
| 2025-11 | $903.95K |
EICRX Debt Constituents
No individual debt constituents are reported in EIC Value Fund's latest SEC N-PORT filing.
EICRX Prospectus and SEC Filings
Official EIC Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-08-28
- Prospectus (485BPOS) — filed 2025-08-28
- Prospectus supplement (497) — filed 2025-09-08
- Portfolio holdings (N-PORT) — filed 2026-09-22
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2025-07-07
- Annual census (N-CEN) — filed 2024-07-15
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.