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).
The average market capitalization across the First Trust/Confluence Small Cap Val I MF is 2.73B. The market cap for tickers in the group ranges from 863.76M to 21.34B. BRO holds the highest valuation in this group at 21.34B. The lowest valued company is CLB at 863.76M.
The average weekly volume growth across all stocks in the First Trust/Confluence Small Cap Val I MF was 200%. For the same stocks of the MF, the average monthly volume growth was -22% and the average quarterly volume growth was 34%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 51
Price Growth Rating: 57
SMR Rating: 65
Profit Risk Rating: 73
Seasonality Score: 12 (-100 ... +100)