HOVLX – Homestead Value Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital and income for the long-term investor; current income is a secondary objective. The fund generally invests in stocks of companies selling below what homestead advisers believes to be their fundamental value. To determine whether a stock is undervalued, homestead advisers considers, among other factors, potential earning power, financial ratios and any competitive advantages a company may have.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HOVLX	Homestead Funds Value Fund	No Load	Open			Nov 19, 1990	$1.14B	0.610%	Below Average	$500	−$66.52M

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