Industry description
The investment seeks to provide long-term capital appreciation.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in equity securities of U.S. listed companies with small market capitalizations ("Small-Cap Companies") at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 ® Index or the S&P SmallCap 600 Index during the most recent 12-month period (based on month-end data).
Market Cap
The average market capitalization across the First Trust/Confluence Small Cap Val A MF is 5.6B. The market cap for tickers in the group ranges from 797.03M to 24.63B. BRO holds the highest valuation in this group at 24.63B. The lowest valued company is CLB at 797.03M.
Volume
The average weekly volume growth across all stocks in the First Trust/Confluence Small Cap Val A MF was 27%. For the same stocks of the MF, the average monthly volume growth was 140% and the average quarterly volume growth was 106%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 49
Price Growth Rating: 49
SMR Rating: 71
Profit Risk Rating: 54
Seasonality Score: -33 (-100 ... +100)