Cove Street Capital

Cove Street Capital open-end and exchange-traded products are costlier than similarly distributed funds at other highly-rated asset managers, on average in the second most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. In terms of risk-adjusted performance, the Cove Street Capital open-end and exchange-traded funds fall short of competitors, with an average overall Morningstar Rating of 2.0 stars. The longest-tenured managers’ average asset-weighted tenure within the firm is 30 years, bringing a wealth of knowledge through multiple market cycles to the table and contributing positively to the rating.