A cohesive team can handle this ever-shifting value strategy, earning the cheaper R6 shares a Morningstar Analyst Rating of Bronze, but not well enough to outweigh fees for other share classes, which receive Neutral.
Will SMVFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SMVFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SMVFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SMVFX’s parent organization’s priorities and whether they’re in line with investors’ interests.