I wonder what the manager is up to with this fund? Hope changes made in this value fund will bring value to the asset value soon.
Top holdings are too heavily tied to finance/banking/insurance.You should at least be thankful that the manager is smarter than the idiot running FSRBX...he has over 25% of the fund in WFC.
I'm trying to be optomistic but it keeps going down. After all they don't have a significant holding in financial as I can see. This must be more to do about fear and liquidation of accounts by fund holders.