FAM Value Fund Investor Class
FAMVX
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
- 384 N Grand St Cobleskill NY United States of America 12043
- IPO Date
- Dec 31, 1986
- CIK
- 0000797136
- Website
- fenimoreasset.com
- Similar Companies
- Business
- FAM Value Fund Investor Class (FAMVX) is an open-end mutual fund that seeks to maximize long-term total return on capital through a value-oriented investment approach, primarily investing at least 80% of its assets in income-producing common stocks and securities convertible into common stock, such as convertible bonds and preferred stocks, with a focus on small- and mid-capitalization companies exhibiting favorable price-to-earnings relationships. Managed by Fenimore Asset Management, Inc., the fund offers Investor Class shares (FAMVX) and Institutional Class shares (FAMWX); it remains fully invested in equities, emphasizing quality businesses with sustainable characteristics, low portfolio turnover, and quarterly dividend distributions. The fund targets diversified U.S. equity markets, serving individual and institutional investors nationwide through platforms like Fidelity, Schwab, and Yahoo Finance. Fenimore Asset Management, Inc., founded in 1974 by Thomas O. Putnam and headquartered at 384 North Grand Street, P.O. Box 399, Cobleskill, New York, with an additional office in Albany, New York, serves as the investment adviser to FAM Funds, including FAM Value Fund; the firm manages separate accounts via the Fenimore Private Client Group alongside its mutual fund lineup of FAM Value Fund (launched 1987), FAM Dividend Focus Fund (launched 1996), and FAM Small Cap Fund (launched 2012). Portfolio management for FAMVX is led by Marc D. Roberts, CFA (co-manager since October 2021), alongside Drew P. Wilson, CFA (co-manager since 2017), with historical input from firm veterans like John Fox and founder Tom Putnam, who transitioned from daily portfolio roles by end-2021 to focus on executive chairmanship. Recent developments include the appointment of Anne Putnam as Chief Executive Officer in 2023, marking a leadership transition to second-generation stewardship while upholding the firm's independent research philosophy; in 2024, Fenimore celebrated its 50th anniversary with the opening of an upgraded Albany office to enhance investor access and service amid market cycles. The firm issued 2024 performance recaps and 2025 outlooks for FAM Value Fund, noting strong contributions from financials, insurance, and AI-related infrastructure suppliers, alongside Spring 2025 insights on portfolio resilience to tariffs and economic shifts through diversified supply chains. No major acquisitions, funding rounds, or product launches were reported for the fund itself within the last two years, though Fenimore continues internal expansions like promoting research analysts and community initiatives.