First Trust/Confluence Small Cap Value Fund (FOVAX) Research
The fund strives to meet its investment goals by allocating at least 80% of its total assets, including any borrowed capital, to the equity securities of U.S.-based companies. These are specifically firms with small market capitalizations, termed "Small-Cap Companies," at the point of investment. In typical market conditions, a company is considered a Small-Cap Company if its market value, when acquired, falls within the size spectrum of companies included in either the Russell 2000 Index or the S&P SmallCap 600 Index, based on month-end data from the most recent 12-month period.
Market snapshot
- Symbol
- FOVAX
- Price
- $23.09
- Day change
- 0.00%
- Market cap
- $10.8M
- 52-week range
- 22.17-27.57
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Innovator Emerging Markets 10 Buffer ETF (EBUF)
- Ashmore Emerging Markets Active Equity Fund - Class A (EMQAX)
- Ashmore Emerging Markets Active Equity Fund - Institutional Class (EMQIX)
- Aberdeen China A Share Equity Fund Institutional Class (GOPIX)
- Glenmede Women in Leadership US Eq (GWILX)
- Hennessy Balanced Fund Investor Class (HBFBX)
- Hennessy Energy Transition Fund Investor Class (HNRGX)
- Rydex Financial Services Inv (RYFIX)
Open First Trust/Confluence Small Cap Value Fund (FOVAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.