Ariel Fund Investor (ARGFX - Free Report) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation. ARGFX invests primarily in the stocks of small companies with a market capitalization under $2 billion at the time of investment. ARGFX seeks to invest in undervalued companies that are widely misunderstood, ignored or under followed by institutional investors, Wall Street analysts and the media. Dividends are distributed once per year. Capital gains are distributed at least annually.
This Small Value fund, as of the last filing, allocates their fund in three major groups; Large Value, Small Value, Small Growth. Further, as of the last filing, LAZARD LTD CL A, J M SMUCKER CO and GANNETT CO were the top holdings for ARGFX.
The Ariel Fund Investor fund, managed by Ariel , carries an expense ratio of 1.02. Moreover, ARGFX requires a minimal initial investment of $1,000.
ARGFX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 17.56%, 3 year 25.70%, and 5 year 16.83%. To see how this fund performed compared in its category, please click here.
ARGFX’s performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 1% over the past 3 years, and in the 17% over the past 5 years.
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