HOVLX Performance — Value Fund
Data updated: 2026-08-04
HOVLX returned +9.99% year to date and +18.30% over one year to Jun 2026. Annualised returns are +16.24% over 3 years and +10.38% over 5 years. The fund trailed its US Large Value category average: $100 invested three years ago grew to $157, against $158 for the category, and to $118 over one year, against $121. Volatility over the past three years was 11.97% a year. In the 12 months to Jun 2026 the fund took in a net $35.9M, and assets reached $1.13B.
HOVLX Growth of $100
What $100 invested in Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | HOVLX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $118 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $164 | $165 |
| Since data start (Jul 2019 – Jun 2026) | $227 | $223 |
HOVLX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.99% |
| 1 year | +18.30% |
| 3 years (annualised) | +16.24% |
| 5 years (annualised) | +10.38% |
HOVLX Annual Returns
Calendar-year total returns of Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.99% |
| 2025 | +14.53% |
| 2024 | +14.30% |
| 2023 | +12.87% |
| 2022 | −5.50% |
| 2021 | +25.07% |
| 2020 | +7.61% |
| 2019 (Jul–Dec) | +9.93% |
HOVLX 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 | +4.3% | +3.1% | −5.8% | +5.4% | +1.0% | +2.0% | — | — | — | — | — | — |
| 2025 | +5.1% | −0.2% | −3.5% | −3.3% | +3.6% | +5.1% | +0.1% | +2.5% | +2.3% | −1.4% | +2.0% | +1.9% |
| 2024 | +1.3% | +6.1% | +4.5% | −4.1% | +1.9% | +0.1% | +2.2% | +2.2% | +1.1% | −1.1% | +5.5% | −5.6% |
| 2023 | +2.7% | −2.9% | −0.9% | +2.0% | −3.5% | +6.5% | +3.9% | −2.6% | −2.6% | −2.4% | +7.6% | +5.4% |
| 2022 | −2.9% | −1.9% | +1.7% | −5.5% | +2.4% | −8.4% | +6.7% | −3.1% | −7.9% | +11.5% | +7.4% | −3.5% |
| 2021 | −1.1% | +5.9% | +5.1% | +5.2% | +2.6% | −1.3% | +1.3% | +2.6% | −5.4% | +5.8% | −2.7% | +5.4% |
| 2020 | −2.1% | −9.4% | −14.3% | +11.7% | +4.5% | −0.4% | +2.6% | +6.4% | −2.9% | −1.2% | +13.1% | +2.8% |
| 2019 | — | — | — | — | — | — | +0.5% | −3.6% | +2.9% | +2.9% | +3.7% | +3.4% |
HOVLX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.97%
- 3-year Sharpe ratio: 0.98 (vs 4.5% risk-free rate)
- Best month: +7.60% (Nov 2023)
- Worst month: −5.77% (Mar 2026)
HOVLX Fund Flows
Monthly money in and out of Value Fund, from SEC Form N-PORT.
- 12-month net flow: $35.9M
- 12-month gross sales (incl. reinvestments): $168.0M
- Sales ÷ redemptions: 1.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.6M | $10.9M | −$5.4M |
| May 2026 | $5.4M | $10.1M | −$4.7M |
| Apr 2026 | $3.0M | $7.9M | −$4.9M |
| Mar 2026 | $5.5M | $10.3M | −$4.8M |
| Feb 2026 | $8.0M | $8.7M | −$634K |
| Jan 2026 | $8.3M | $22.8M | −$14.5M |
| Dec 2025 | $82.8M | $14.4M | $68.4M |
| Nov 2025 | $5.8M | $8.1M | −$2.2M |
| Oct 2025 | $2.8M | $11.8M | −$9.0M |
| Sep 2025 | $3.1M | $5.9M | −$2.8M |
| Aug 2025 | $3.9M | $12.8M | −$9.0M |
| Jul 2025 | $33.7M | $8.2M | $25.5M |
HOVLX Assets Under Management
Net assets of Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.13B |
| 2026-03-31 | $1.07B |
| 2025-12-31 | $1.07B |
| 2025-09-30 | $1.07B |
| 2025-06-30 | $1.00B |
| 2025-03-31 | $1.00B |
| 2024-12-31 | $1.01B |
| 2024-09-30 | $1.04B |
| 2024-06-30 | $992.22M |
| 2024-03-31 | $1.05B |
| 2023-12-31 | $949.07M |
| 2023-09-30 | $884.42M |
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.