Summary
The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.
The investment process is designed to highlight companies that are trading at a discount to their estimated intrinsic value.
Next, the research team calculates intrinsic value on the basis of a company’s forecasted future free cash flow, returns on capital capability, and private market value, and the costs to replicate the business.
The research team looks for companies with superior valuat
Link
Directors
Jan 5, 2024- Jane Trust
- Robin J.W. Masters
- G. Peter O'Brien
- Paul R. Ades
- Ken Miller
- Susan M. Heilbron
- Andrew L. Breech
- Arnold L. Lehman
- Stephen R. Gross
- Althea L. Duersten
- Thomas F. Schlafly
Chief Compliance Officer
- Ted P. Becker
Fund Manager(s)
Price
Company Name |
Holding |
| Johnson & Johnson | 3.13 % |
| Bank of America Corp | 2.85 % |
| American International Group I | 2.62 % |
| Goldman Sachs Group Inc/The | 2.25 % |
| Fiserv Inc | 2.17 % |
| Energy Transfer LP | 2.15 % |
| Noble Corp PLC | 2.08 % |
| UnitedHealth Group Inc | 2.03 % |
| Hess Corp | 2.03 % |
| Gilead Sciences Inc | 2.01 % |
| More |
Documents
Performance
YTD
9.2%
3 Year
-12.93%
5 Year
22.11%
Best
48.05%
1998
Worst
-55.04%
2008
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 10.1% | 2% | 0.6% | 16.8% | -30.6% | 15.4% | -3.3% | 4.4% | -1.2% | 0.2% |
| Q2 | -4.4% | 6.5% | -15.2% | 5.9% | 21.9% | 1% | 3.9% | 2% | 1.1% | 0.2% |
| Q3 | - | -1.3% | -3.3% | -18.6% | -1.9% | -0.1% | 4.5% | 3.2% | 6.3% | -11.7% |
| Q4 | - | -0.2% | 4.6% | 6.5% | 25.8% | 6.3% | -16% | 2.8% | 5.1% | 8% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.2% | 4% | 7.2% | -2.5% | - | - | - | - | - | - | - | - |
| 2023 | 7.4% | -2.1% | -3% | 2.1% | -2.3% | 6.8% | 5.8% | -3.1% | -3.7% | -3.2% | 8.6% | -6.3% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 9% | 6% | -14% | 7% | 5% | 26% | -14% | 14% | 12% | -4% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LMVTX | 9% | 6% | -14% | 7% | 5% | 26% | -14% | 14% | 12% | -4% |
| Russell 3000 | - | - | -10% | 23% | 1% | 23% | -11% | 10% | 15% | -6% |
| Alpha | 9% | 6% | -4% | -16% | 4% | 4% | -3% | 3% | -4% | 2% |