FAM Value Fund
FAMWX
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
- Jan 3, 2017
- CIK
- 0000797136
- Website
- fenimoreasset.com
- Similar Companies
- Business
- FAM Value Fund (FAMWX) is an open-end mutual fund managed by Fenimore Asset Management, Inc. that seeks long-term total return on capital through a value-oriented investment approach, primarily investing in common stocks and convertible securities of small- and mid-capitalization U.S. companies exhibiting favorable price-to-earnings relationships and quality business characteristics with sustainable growth potential. The fund offers Investor Class shares (FAMVX) and Institutional Class shares (FAMWX), focusing on concentrated portfolios of quality equities featuring low turnover, in-depth proprietary research, and holdings such as Amphenol Corp, Ross Stores Inc, Brown & Brown Inc, Brookfield Corp, and Markel Group Inc across sectors including technology, consumer cyclical, financial services, basic materials, and healthcare. It targets investors seeking exposure to mid-cap blend strategies, with a median market capitalization of approximately $41.8 billion, and maintains principal risks including stock market volatility, value stock selection challenges, and small-cap price fluctuations. Launched on January 2, 1987, and headquartered in Albany and Schenectady, New York, the fund operates within the FAM Funds family, which also includes FAM Dividend Focus Fund and FAM Small Cap Fund, and serves shareholders across all 50 U.S. states through prospectus offerings without availability to non-U.S. investors. Portfolio management is led by experienced professionals including Paul Hogan, CFA (since 1996), William Preston, CFA (since 2020), Marc D. Roberts, CFA (co-manager since 2021), and Drew Wilson, CFA. The fund adheres to Fenimore's legacy of independent research-driven strategies emphasizing quality equities amid varying market cycles. In recent developments, the Institutional Class (FAMWX) celebrated its inception on January 3, 2017, expanding share class options for larger investors with a minimum initial investment of $500,000 compared to $500 for Investor Class. As of June 30, 2025, the fund reported total assets exceeding $1.75 billion for FAMVX and $47.6 million for FAMWX, with a low 10% turnover ratio as of December 31, 2024, reflecting continued emphasis on long-term holdings. No major acquisitions, partnerships, name changes, or strategic shifts have been announced in the last 1-2 years, maintaining focus on core value investing amid strong performance relative to the Russell Midcap Index.