Matrix Advisors Value ETF
MAVF
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 747 Third Avenue, 31st Floor New York NY United States of America 10017
- IPO Date
- Jul 1, 1996
- Similar Companies
- Business
- Matrix Advisors Value ETF (MAVF) is an actively managed exchange-traded fund that seeks total return through capital appreciation and current income by investing primarily in large-cap value equities. The Fund employs a disciplined value-oriented investment philosophy rooted in the principles of Benjamin Graham and David Dodd, utilizing proprietary Classic Valuation Analysis to identify financially strong U.S. companies with market capitalizations generally exceeding $4 billion that trade at discounts to their estimated intrinsic values; it maintains a high-conviction portfolio of 30 to 40 holdings across diverse sectors, including both dividend-paying and non-dividend-paying common stocks, with low portfolio turnover. Key portfolio metrics include an expense ratio of 0.75%, net assets under management of approximately $81 million, and top holdings such as Microsoft Corp., Alphabet Inc., Amazon.com Inc., Apple Inc., and Meta Platforms Inc. The Fund targets undervalued large-cap companies exhibiting sustainable free cash flow generation, comfortable debt levels, and attractive valuations based on metrics like earnings growth, dividend growth, return on equity, and book value compared to historical, current, and projected levels; securities are sold when they reach intrinsic value or experience fundamental deterioration. Sub-advised by Matrix Asset Advisors, Inc., a 100% employee-owned firm founded in 1986 and headquartered in White Plains, New York, the Fund is distributed by PINE Distributors LLC and advised by Empowered Funds, LLC (doing business as ETF Architect), with portfolio management led by David A. Katz, CFA, who chairs the Investment Policy Committee and oversees a team averaging over 20 years of experience. The strategy emphasizes bottom-up research, quantitative screening, and qualitative analysis without sector restrictions, allowing for tactical overweighting or underweighting as opportunities arise. Launched on February 24, 2025, as Matrix Asset Advisors' first ETF, MAVF represents a strategic expansion of the sub-adviser's 30-plus years of value investing expertise into the ETF structure, enabling broader retail and institutional access to its proprietary intrinsic value models developed since the firm's inception. No major acquisitions, partnerships, funding rounds, or operational reorganizations have been reported since inception; the Fund has grown assets to over $80 million amid market volatility, with shares delivering approximately 14.79% one-year returns as of late 2025. It trades on NYSE Arca, focusing on developed North American markets for individual investors, endowments, foundations, and retirement plans seeking active large-value exposure.