Ave Maria Value Focused Fund
RCMFX
NASDAQ- -
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 225 Pictoria Drive, Suite 450 Cincinnati OH United States of America 45246
- IPO Date
- Dec 30, 1983
- CIK
- 0000891160
- Similar Companies
- Business
- Ave Maria Value Focused Fund (RCMFX) is a mutual fund that seeks long-term capital appreciation through value investing in equity securities of companies believed to be trading below their intrinsic value and that do not violate the core values and teachings of the Roman Catholic Church. The fund invests at least 80% of its net assets, including any borrowings for investment purposes, in common stocks, preferred stocks, and convertible securities across companies of any market capitalization; it may also allocate to exchange-traded funds for broad market exposure, hedging, or sector representation while applying a moral screening process to exclude firms involved in abortion, anti-family policies such as pornography distribution, support for Planned Parenthood, or embryonic stem cell research. No-load shares are offered with services including automatic investment and withdrawal plans, available through individual, joint, custodial, IRA, and Coverdell Education Savings Accounts. The fund, formerly known as the Schwartz Value Focused Fund, completed a significant name change and strategic shift effective May 1, 2025, integrating into the Ave Maria Mutual Funds family under Schwartz Investment Trust and adopting the Ave Maria Catholic Advisory Board's moral screening criteria without altering its investment objective, 80% policy, portfolio composition, or management team of lead portfolio manager Timothy S. Schwartz, CFA, and co-portfolio manager George P. Schwartz, CFA. In May 2022, the adviser reduced the fund's management fee from 0.95% to 0.75%, lowering the net expense ratio to 1.26%, with a contractual cap at 1.25% until at least May 1, 2026. These changes reflect ongoing efforts to enhance shareholder value amid asset growth, with total assets under management at approximately $83 million as of late 2025 and 26 holdings as of recent reporting. Headquartered in Plymouth, Michigan, at 801 W. Ann Arbor Trail, Suite 244, the fund traces its inception to December 30, 1983, as part of Schwartz Investment Trust, an Ohio business trust organized in 1992 that also offers six Ave Maria Mutual Funds focused on morally responsible investing. It primarily targets U.S. equity markets in the mid-cap blend category, with a non-diversified portfolio exhibiting a 39% turnover rate and an average market cap of about $24.8 billion based on prior data. Geographically concentrated in the United States, the fund serves individual and institutional investors seeking alignment of financial returns with Catholic moral principles.