The fund uses a research-driven approach to invest primarily in U.S. equity securities of small-cap companies that the portfolio manager believes are mispriced relative to a fundamental assessment of their underlying value. The manager defines small-cap as having a market capitalization of less than $6 billion at time of purchase. The fund may invest up to 15% of its net assets in non-U.S. and emerging market securities, typically through sponsored American Depository Receipts (ADRs).
(As of Dec 31, 2025)
| Sector | Fund | Benchmark |
|---|---|---|
| Communication Services | 6.2 | 3.2 |
| Consumer Discretionary | 8.0 | 9.9 |
| Consumer Staples | 1.7 | 1.6 |
| Energy | 6.0 | 7.0 |
| Financials | 31.8 | 26.4 |
| Health Care | 7.2 | 11.0 |
| Industrials | 10.1 | 12.6 |
| Information Technology | 9.4 | 7.7 |
| Materials | 8.3 | 5.4 |
| Real Estate | 7.2 | 9.5 |
| Utilities | 4.2 | 5.7 |
(As of Dec 31, 2025)
| Portfolio Attribute | Fund | Benchmark |
|---|---|---|
| Number of Holdings | 62 | 1,426 |
| Wtd. Avg. Market Capitalization ($B) | 3.4 | 3.5 |
| Earnings Growth 3-5 Yr. Est (%) | 10.2 | 10.6 |
| Price-to-Earnings Ratio (P/E, FY1) | 13.3 | 13.7 |
| Price-to-Earnings Ratio (P/E, FY2) | 11.5 | 12.3 |
Average Annual Total Returns % (As of Dec 31, 2025)
| Share Class | Three Months | One Year | Three Year | Five Year | Ten Year | Since Inception |
|---|---|---|---|---|---|---|
| Investor (BIAUX), Inception: 12/31/2008 | 0.46 | 5.73 | 11.12 | 10.42 | 8.57 | 11.48 |
| Russell 2000® Value Index | 3.26 | 12.59 | 11.73 | 8.88 | 9.27 | 10.27 |
(As of Dec 31, 2025)
| Name | Percentage |
|---|---|
| NCR Atleos Corp | 3.5 |
| Cushman & Wakefield PLC | 3.3 |
| Ingevity Corp | 2.8 |
| Global Net Lease Inc | 2.5 |
| Talen Energy Corp | 2.5 |
| Brightstar Lottery PLC | 2.4 |
| Oceaneering International Inc | 2.3 |
| Towne Bank/Portsmouth VA | 2.3 |
| Bancorp Inc/The | 2.3 |
| Old National Bancorp/IN | 2.2 |
| Total % of Net Assets | 26.0 |