Forester Value Fund
FVALX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Abigail Johnson
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Lake Forest, IL 60045 Boston MA United States of America 02210
- IPO Date
- Sep 10, 1999
- CIK
- 0001088323
- Website
- fidelity.com
- Similar Companies
- Business
- Forester Value Fund (FVALX) is an open-end diversified mutual fund that seeks long-term growth of capital primarily by investing at least 65% of its net assets in common stocks of large U.S. companies with market capitalizations above $5 billion that trade at price/earnings ratios below their sector averages and exhibit exceptional appreciation potential due to prices significantly below intrinsic value; it may also invest up to 20% in foreign securities through American Depositary Receipts, repurchase agreements, interest-bearing securities for defensive purposes, and up to 10% in illiquid securities. The fund emphasizes downside protection during unfavorable market conditions or periods of increased volatility through fundamental analysis focusing on companies with solid balance sheets, good competitive positions, historical earnings per share growth, and dividend growth. Managed since its inception on September 10, 1999, by Thomas H. Forester, CFA, of Forester Capital Management, Ltd., the fund offers Class N shares with a net expense ratio of 1.27%, no front-end or deferred loads, a minimum initial investment of $1,000, and is available to U.S. investors through platforms like Schwab. Headquartered in Libertyville, Illinois, with Forester Capital Management, Ltd. handling investment selection and business affairs under the fund's board of directors, the fund operates principally in U.S. equity markets targeting large-cap value stocks across diverse sectors while maintaining cash allocations around 13% and limited non-U.S. stock exposure of approximately 9%. As of July 31, 2025, total net assets stood at $4.57 million, with Class N share class size at $2.62 million, reflecting a portfolio of 36 holdings, average P/E of 18.06, and low turnover of 7.91%. The fund serves individual investors, advisors, and IRA accounts seeking capital appreciation with reduced volatility. In recent developments, the fund demonstrated resilience amid market challenges, ranking in the top percentile for year-to-date and six-month total returns of 16.06% and 15.83% as of July 31, 2025, and was highlighted in Barron's on April 16, 2025, as one of 10 stock funds that bucked the tariff selloff; it also paid a dividend of $0.14 per share as of December 12, 2025, yielding 2.35% forward. No major acquisitions, funding rounds, partnerships, or structural changes were reported in the last 1-2 years, with the investment strategy and management remaining consistent under Forester Capital Management, Ltd., amid ongoing SEC filings including the Statement of Additional Information dated July 31, 2025. Performance reflects a focus on large-value stocks amid volatile conditions, including outperformance in prior down markets like 2022 and 2018.