Monongahela All Cap Value Fund
MCMVX
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Forum Funds (Moncapfund) DE United States of America
- IPO Date
- Jul 3, 2013
- CIK
- 0000315774
- Website
- moncapfund.com
- Similar Companies
- Business
- Monongahela All Cap Value Fund (MCMVX) is an open-end mutual fund that seeks total return through long-term capital appreciation and income by investing primarily in a diversified portfolio of domestic equity securities, including common stocks, preferred stocks, and convertible securities, of companies across all market capitalizations that the Adviser determines are undervalued relative to their intrinsic value; the Fund opportunistically allocates among micro-, small-, mid-, and large-cap companies based on proprietary fundamental research complemented by technical analysis, industry evaluation, and market sentiment, with a typical holding period of two to six years for equity positions until market prices reflect intrinsic value or exceed it; up to 30% of assets may be invested in investment-grade fixed-income securities (rated Baa3/BBB- or higher by Moody's, S&P, or Fitch) offering comparable returns to equities, as well as limited exposure to foreign equities and American Depositary Receipts (ADRs) of developed-market companies using the same value-oriented strategy. Launched on July 1, 2013, and domiciled in the United States with administrative operations addressed to Portland, Maine, the Fund is advised by Rodgers Brothers, Inc. (formerly known as Monongahela Capital Management, reflecting a recent rebranding), an SEC-registered investment adviser based in Pittsburgh, Pennsylvania, which also manages the Fund's portfolio; shares are distributed by Foreside Fund Services, LLC, with no front-end or deferred loads but a 1.00% redemption fee for sales within 60 days, minimum initial investments of $5,000 for standard and retirement accounts, and a net expense ratio of 0.85% after contractual fee waivers through September 1, 2026. The Fund is managed by a team of co-portfolio managers—Mark Rodgers (President and Chief Investment Officer), Michael C. Rodgers (Director), and Mark C. Rodgers, CFA (Chief Executive Officer)—with Mark and Michael C. Rodgers involved since inception and Mark C. Rodgers joining in 2024; the portfolio emphasizes sectors such as industrials, consumer defensive, consumer cyclical, technology, and healthcare, with top holdings including Curtiss-Wright Corp., Williams-Sonoma Inc., Rockwell Automation Inc., and Lamb Weston Holdings Inc., maintaining approximately 97% in U.S. stocks and 3% in cash equivalents as of late 2025. Recent developments include the Adviser's formal name change from Monongahela Capital Management to Rodgers Brothers, Inc., and the addition of Mark C. Rodgers as co-portfolio manager in 2024, alongside maintenance of a low portfolio turnover rate of 23% in the most recent fiscal year and updated expense cap agreements extending waivers through 2026 to ensure cost efficiency for investors.