Ave Maria Value Fund
AVEMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 225 Pictoria Drive, Suite 450 Cincinnati OH United States of America 45246
- IPO Date
- Apr 30, 2001
- CIK
- 0000891160
- Website
- avemariafunds.com
- Similar Companies
- Business
- Ave Maria Value Fund (AVEMX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks, preferred stocks, and convertible securities of established companies across various market capitalizations priced at a discount to their intrinsic value according to the adviser's criteria. All equity investments and at least 80% of net assets are allocated to companies adhering to moral screens aligned with the values and teachings of the Roman Catholic Church, excluding those involved in abortion practices, anti-family policies such as pornography distribution, contributions to Planned Parenthood, or embryonic stem cell research; the fund benchmarks performance against the S&P MidCap 400 Index and S&P 500 Index. Managed as part of the Ave Maria Mutual Funds family--the largest family of Catholic mutual funds in the U.S., with total assets exceeding $3 billion--by Schwartz Investment Counsel, Inc., it operates within the morally responsible investing (MRI) segment, targeting long-term investors prioritizing pro-life and pro-family principles alongside financial returns. Ave Maria Value Fund, launched in May 2001, is domiciled in the United States with investment adviser headquarters in Plymouth, Michigan. The fund maintains a diversified portfolio with approximately 87% in U.S. stocks, 8% in non-U.S. stocks, and 5% in cash under normal circumstances, employing fundamental analysis focused on mid-cap blend and growth styles within the Morningstar Mid-Cap Blend category. It is offered as a no-load fund with no sales charges or commissions, available through individual, joint, custodial, IRA, and Coverdell Education Savings Accounts, supported by services such as Automatic Investment Plans and Automatic Withdrawals; the minimum initial investment is $2,500, and shares are accessible directly or via select financial intermediaries. The broader Ave Maria Mutual Funds family includes complementary offerings like Ave Maria Growth Fund, Rising Dividend Fund, World Equity Fund, Bond Fund, Growth Focused Fund, and Value Focused Fund. In recent developments, effective April 28, 2025, the Ave Maria Value Focused Fund--a related offering--was renamed from Schwartz Value Focused Fund, while the Ave Maria Growth Focused Fund was renamed from Ave Maria Focused Fund, reflecting strategic branding updates within the fund family. Earlier, in January 2024, Schwartz Investment Counsel announced internal promotions to bolster management, including key roles filled by Timo and others, under the leadership legacy of George P. Schwartz, co-founder of the Ave Maria funds alongside Tom Monaghan and the late Bowie Kuhn. These changes underscore ongoing enhancements in governance and operational focus amid the fund family's growth in the MRI sector.