SVFRX Performance — Smead Value Fund, Class R3
Data updated: 2026-07-23
SVFRX returned +13.10% year to date and +30.32% over one year to May 2026. Annualised returns are +15.04% over 3 years and +9.68% over 5 years. Against its US Mid-Cap Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $152, against $154 for the category, and to $130 over one year, against $121. Volatility over the past three years was 15.73% a year. In the 12 months to May 2026 the fund lost a net $1.6B, and assets reached $3.89B. Returns are those of sibling share class SMVLX; this class's own returns are not reported in filings.
SVFRX Growth of $100
What $100 invested in Smead Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | SVFRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $130 | $121 |
| 3 years (Jun 2023 – May 2026) | $152 | $154 |
| 5 years (Jun 2021 – May 2026) | $159 | $148 |
| Since data start (Sep 2019 – May 2026) | $224 | $211 |
SVFRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.10% |
| 1 year | +30.32% |
| 3 years (annualised) | +15.04% |
| 5 years (annualised) | +9.68% |
SVFRX Annual Returns
Calendar-year total returns of Smead Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +13.10% |
| 2025 | +5.07% |
| 2024 | +4.78% |
| 2023 | +16.83% |
| 2022 | −2.78% |
| 2021 | +42.50% |
| 2020 | +1.71% |
| 2019 (Sep–Dec) | +9.05% |
SVFRX 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 | +4.2% | +4.3% | −0.3% | +5.4% | −1.0% | — | — | — | — | — | — | — |
| 2025 | +2.6% | −2.6% | −2.9% | −8.4% | +2.7% | +3.8% | +3.1% | +7.5% | −0.1% | −3.3% | +4.4% | −0.7% |
| 2024 | −0.5% | +4.0% | +7.1% | −5.4% | +2.7% | −1.7% | +5.2% | +0.7% | −0.7% | −2.7% | +4.0% | −6.8% |
| 2023 | +7.5% | −5.6% | −1.6% | +1.9% | −6.3% | +8.0% | +5.7% | −2.5% | −3.9% | −3.9% | +7.9% | +10.3% |
| 2022 | −0.2% | −1.0% | +1.7% | −6.6% | +5.0% | −11.7% | +9.1% | −2.5% | −7.7% | +14.2% | +4.6% | −4.8% |
| 2021 | +6.8% | +6.2% | +6.0% | +2.6% | +2.9% | +3.2% | −0.6% | +2.6% | −1.6% | +6.8% | −2.0% | +3.5% |
| 2020 | −4.7% | −9.6% | −21.1% | +15.6% | +4.7% | +0.8% | +5.4% | +5.8% | −2.1% | −6.0% | +15.9% | +3.2% |
| 2019 | — | — | — | — | — | — | — | — | +1.0% | +0.8% | +5.5% | +1.5% |
SVFRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.73%
- 3-year Sharpe ratio: 0.67 (vs 4.5% risk-free rate)
- Best month: +10.31% (Dec 2023)
- Worst month: −8.43% (Apr 2025)
SVFRX Fund Flows
Monthly money in and out of Smead Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.6B
- 12-month gross sales (incl. reinvestments): $1.2B
- Sales ÷ redemptions: 0.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $290.9M | $338.8M | −$47.9M |
| Apr 2026 | $122.5M | $220.3M | −$97.8M |
| Mar 2026 | $216.7M | $721.6M | −$504.9M |
| Feb 2026 | $127.0M | $198.1M | −$71.1M |
| Jan 2026 | $98.3M | $244.4M | −$146.1M |
| Dec 2025 | $100.3M | $109.1M | −$8.8M |
| Nov 2025 | $37.8M | $115.6M | −$77.8M |
| Oct 2025 | $33.4M | $166.9M | −$133.5M |
| Sep 2025 | $37.0M | $138.3M | −$101.3M |
| Aug 2025 | $81.7M | $204.9M | −$123.2M |
| Jul 2025 | $38.2M | $195.4M | −$157.2M |
| Jun 2025 | $46.3M | $212.5M | −$166.2M |
SVFRX Assets Under Management
Net assets of Smead Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $3.89B |
| 2026-02-27 | $4.40B |
| 2025-11-28 | $4.36B |
| 2025-08-29 | $4.64B |
| 2025-05-30 | $4.45B |
| 2025-02-28 | $5.61B |
| 2024-11-29 | $6.37B |
| 2024-08-31 | $6.40B |
| 2024-05-31 | $5.96B |
| 2024-02-29 | $5.38B |
| 2023-11-30 | $4.58B |
| 2023-08-31 | $4.87B |
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.