Value Fund : Overview

Fund Statistics

As of September 30, 2015
Total net assets (in millions) $793.8
Net Asset Value (NAV 11/30/2015): $41.55
Expense Ratio (09/30/2015) *: 1.18%
Sales Charges: None
Redemption Charge: None
Minimum Investment: $2,500
Ticker Symbol: WVALX
CUSIP Number: 94904P203
Fund Number: 328
Inception Date: May 9, 1986
Fund Managers:
As of October 31, 2015

Morningstar Rating :

Morningstar Analyst Rating :

Morningstar Style Box : Large Blend

Morningstar Analyst Report : Value Fund as of October 20, 2015

Value Fund Objective

The Value Fund is a no-load stock fund designed for long-term investors. The fund is large-cap focused and looks to provide you good absolute returns over long periods of time without unnecessary risk.  

Effective June 30, 2008, Value Fund adopted its current principal investment strategy of investing the majority of its assets in larger sized companies.

Effective January 1, 2016, Wallace R. Weitz will no longer be a portfolio manager of the Value Fund. Wally, the Chief Investment Officer of Weitz Investment Management, Inc., will continue to be CIO and a portfolio manager of the Partners Value Fund, the Partners III Opportunity Fund and the Hickory Fund. Bradley P. Hinton and David A. Perkins, who are currently portfolio managers of the Value Fund, will continue to be portfolio managers of the Value Fund.

*Annualized for the six months ended September 30, 2015. The Investment Adviser has agreed in writing to limit the total annual operating expenses of Investor Class shares and Institutional Class shares (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to 1.18% and 0.99% of the respective Class’s average daily net assets through July 31, 2016.

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