Berwyn Fund

Berwyn Fund, founded in 1984, is a no-load equity mutual fund.

Overview

Overview

The Berwyn Fund offers investors a diversified portfolio of small-cap stocks selected in accordance with the Advisor’s value style, which emphasizes undervalued, temporarily out-of-favor securities such as turnaround situations, companies selling below their intrinsic worth and stocks that may be overlooked by Wall Street. We believe a diversified portfolio of such securities will, over time, provide superior long term performance while reducing market volatility.

Investment Objective

Investment Objective

Berwyn Fund is a no-load mutual fund that seeks long-term capital appreciation by investing primarily in common stocks.

Performance

Performance

Average Annual Total Returns
As of February 28, 2017
Time Period Month 1 Year 3 Years 5 Years 10 Years Inception (5/4/1984)
BERWX -1.88% 30.72% 0.87% 8.37% 6.24% 9.83 %
BENCHMARK RETURNS AS OF MOST RECENT CALENDAR QUARTER END (12/31/16)
  YTD   1 YR 3 YRS 5 YRS 10 YRS
BERWX 29.39% 29.39% 1.84% 11.19% 7.01%
RUSS¹ 21.31% 21.31% 6.74% 14.46% 7.07%
RUSS Value² 31.74% 31.74% 8.31% 15.07% 6.26%

¹ RUSS: Russell 2000 Index, an index which measures the performance of 2000 small-cap companies and is designed to represent the small-cap segment of the U.S. Equity universe.

² RUSS Value: The Russell 2000 Value Index, measures the performance of small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Value Index is constructed to provide a comprehensive and unbiased barometer for the small-cap value segment. 

Investors cannot invest directly in an index.

Note: Returns for YTD and quarter not annualized.

Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data cited. Current month end data is available at www.berwynfunds.com.

Top Ten Holdings

Top Ten Holdings

AS OF DECEMBER 31, 2016
Holding % of Investments
KMG INC. 4.1
HALLMARK FINL SVCS. 4.0
RUDOLPH TECHNOLOGIES 3.5
HOOKER FURNITURE CORP 3.4
HALLADOR ENERGY CO. 3.3
Holding % of Investments
NAVIGANT CONSULTING INC. 3.1
VONAGE HOLDINGS CORP 2.9
ACCO BRANDS CORP 2.9
ASHFORD HOSPITALITY TRUST 2.9
STILLWATER MINING CO. 2.9

Figures unaudited. For informational purposes only. Holdings are subject to change at any time.

Fund Portfolio Composition

Fund Portfolio Composition

AS OF DECEMBER 31, 2016
  • Materials9.7%
  • Industrials21.9%
  • Consumer Disc.14.8%
  • Consumer Staples2.8%
  • Energy8.5%
  • Financials7.5%
  • Healthcare1.5%
  • Inform. Tech13.7%
  • Real Estate2.9%
  • Telecom2.9%
  • Short-Term Invst.13.7%

Fund Dividend Information

Fund Dividend Information

Please visit our dedicated Fund Distributions Page for more information on the Berwyn Fund’s annual dividends.

Investment Risks

Investment Risks

Investing in any mutual fund involves risk, including the risk that you may lose all or part of the money you invest. The Fund is a non-diversified fund which may present greater risks than investing in a diversified fund. It invests in equity securities which carry the potential for unpredictable drops in value and periods of lackluster performance. The Fund typically invests in securities that are considered undervalued by the Advisor. This may result in the Fund being invested in lesser-known companies or those currently out of favor with other investors. There is the chance these securities remain out of favor or not generally recognized by the market. In addition, the Fund invests primarily in small capitalization companies. Small capitalization companies are generally more volatile and less liquid than larger capitalization companies.

Download Fund fact sheet Learn more about the fund atMorningstar

Fund Facts

NAV (3/23/17)
29.54

Ticker Symbol
BERWX

CUSIP #
46141Q519

Load
No Load

12b-1 Fee
None

Total Net Assets
$132.5 million (at 12/31/16)

Objective
Long-Term Capital Appreciation

Inception Date
5/4/84

Gross Expense Ratio
1.27%*

Net Expense Ratio ‡
1.23%*


* Includes 0.01% of Acquired Fund Fees and Expenses


‡ Chartwell Investment Partners, LLC has contractually agreed until at least April 29, 2018, to cap Fund expenses at 1.22% of the Fund's average daily net assets.

Additional Information

Minimum Initial Purchase

$1,000/$1,000 IRA

Advisor

Chartwell Investment Partners, LLC
1205 Westlakes Drive, Suite 100
Berwyn, PA 19312
610-296-7222
877-454-5536

Distributor

Distributed by IMST Distributors, LLC

Transfer Agent

UMB Fund Services, Inc.
235 W. Galena Street
Milwaukee, WI 53212

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This is not an investment recommendation or a solicitation to become a client of Chartwell Investment Partners, LLC.

By accepting you will be leaving the Berwyn Funds website. Berwyn Funds are distributed by IMST Distributors, LLC. 
IMST Distributors, LLC is a FINRA registered broker-dealer.

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