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First Trust/Confluence Small Cap Val I FOVIX

Quantitative rating as of
NAV / 1-Day Return
32.52  /  0.64 %
Total Assets
27.8 Mil
Adj. Expense Ratio
1.350%
Expense Ratio
1.350%
Distribution Fee Level
High
Share Class Type
Institutional
Category
Small Blend
Investment Style
Small Blend
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.00
Turnover
16%

Morningstar’s Analysis FOVIX

Will FOVIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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Weakness in First Trust/Confluence Small Cap Val I's People and Process Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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