ZPSVX — Ziegler Piermont Small Cap Value Fund

ZPSVX Fund Overview

ZPSVX — Ziegler Piermont Small Cap Value Fund is a US mutual fund managed by Trust for Advised Portfolios, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Trust for Advised Portfolios
• Category: United States Real Estate
• Assets under management: $3.37M
• 1-year return: 58.4%
• Ticker: ZPSVX
• SEC CIK: 0001261788
• SEC series ID: S000068989
• Share class ID: C000220685

ZPSVX Investment Objective and Strategy

Ziegler Piermont Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Trust for Advised Portfolios.

Investment objective

The Ziegler Piermont Small Cap Value Fund (the Fund) seeks to maximize total return from a combination of capital appreciation and income.

Principal investment strategy

The Fund invests principally in domestic, value-style, small-capitalization (small-cap) equity securities of companies traded on U.S. stock exchanges or in the over-the-counter market using its proprietary stock selection process. The Fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities of small-cap companies. The Fund defines small-cap equity securities as the equity securities of companies with market capitalizations of at least $100 million and no greater than the market capitalization of the largest company in the Russell 2000 Index during the most recent 12-month period, measured monthly. The largest market capitalization of any company in the Russell 2000 Index during the 12-month period ended June 30, 2020 was approximately $5.793 billion.

The Fund primarily invests in common stock, including exchange-listed real estate investment trusts (REITs).The Adviser seeks to meet the Funds investment objective by utilizing a proprietary multi-factor, quantitative ranking system combined with a qualitative risk review. The quantitative ranking system seeks to identify individual companies with the potential to outperform their industry peers by assessing more than forty factors or measurements including, for example, earnings/cash flow, profitability, earnings quality, earnings growth, revenue growth, efficiency, and momentum. The individual factor rankings are then combined into a composite ranking based on the weightings of each individual factor ranking. The weighting for each individual factor ranking is different for each industry.

The qualitative risk review attempts to identify and avoid company specific risks that may have a greater influence on the performance of the companys stock than the stocks proprietary ranking. Examples of company specific risk that could cause a company to be eliminated from consideration or sold from the portfolio include regulatory risks or lawsuits, management or auditor turnover, extreme leverage or debt downgrades, and other industry or company specific risks. The Adviser generally buys common stock of small-cap companies that are highly ranked by the model and also pass the qualitative risk review. It generally sells securities when higher ranked or more compelling securities are identified.

ZPSVX Performance

Total returns for ZPSVX (as of 2026-10-01), from SEC filings.

ZPSVX Risk Information

Risk metrics for ZPSVX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 20.9%

ZPSVX Costs and Fees

ZPSVX costs about $90 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.90%
• Gross expense ratio: 1.35%
• Portfolio turnover: 20%
• Brokerage commissions: 37.02 bps of average net assets (SEC N-CEN)

ZPSVX Cashflows

Over the 12 months to 2021-06, Ziegler Piermont Small Cap Value Fund had net inflows of $4.76M, from monthly SEC N-PORT filings.

ZPSVX Debt Constituents

No individual debt constituents are reported in Ziegler Piermont Small Cap Value Fund's latest SEC N-PORT filing.

ZPSVX Prospectus and SEC Filings

Official Ziegler Piermont Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-01-28
• Prospectus (485BPOS) — filed 2020-07-30
• Portfolio holdings (N-PORT) — filed 2021-08-30
• Portfolio holdings (N-PORT) — filed 2021-06-01
• Portfolio holdings (N-PORT) — filed 2021-03-02
• Annual census (N-CEN) — filed 2020-12-14

Related Funds

Other United States Real Estate funds tracked on ABC INVEST:

• Vanguard Real Estate Index Fund (VGSIX)
• Vanguard Real Estate II Index Fund (VRTPX)
• Schwab U.S. REIT ETF (SCHH)
• Cohen & Steers Real Estate Securities Fund (CSEIX)
• The Real Estate Select Sector SPDR Fund (XLRE)

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.