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Matrix Advisors Value (MAVFX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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93.01+0.99 (+1.08%)
At close: 08:01PM EDT

Matrix Advisors Value

New York, NY 10017

747 3rd St.

Matrix Advisors Value Fund Inc

800-366-6223
Management information
David A. Katz,Lead manager since 30 June 1996
Mr. Katz is the President and Chief Investment Officer of Matrix Asset Advisors, Inc. ("Matrix"). Mr. Katz is also a research analyst and portfolio manager for Matrix. He co-managed the Matrix Advisors Value Fund from 1996 to 1998. Mr. Katz became the sole portfolio manager in 1998 and has worked in this position until the present. After initially working at Management Asset Corporation (Westport, CT), Mr. Katz co-founded Value Matrix Management with John M. Gates in 1986. He served as the firm's Senior Vice President and Chief Investment Officer and was Head of the Investment Policy Committee. In 1990, he merged Value Matrix Management into Matrix Asset Advisors. Mr. Katz chairs the Investment Policy Committee and is a portfolio manager/analyst. Mr. Katz is also a CFA charter holder. He earned his B.A. degree in Economics, summa cum laude, from Union College and his M.B.A. degree, with a concentration in Finance, from New York University Graduate School of Business.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryLarge Value
Fund familyMatrix/LMH
Net assets62.32M
YTD return4.64%
Yield1.09%
Morningstar rating★★
Inception date30 Jun 1996

Fund operations

Last dividend0.98
Last cap gain46.00
Holdings turnover22.00%
Average for categoryN/A

Fees and expenses

ExpenseMAVFXCategory average
Annual report expense ratio (net)0.99%0.90%
Prospectus net expense ratio0.99%N/A
Prospectus gross expense ratio1.23%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/AN/A
Max deferred sales loadN/AN/A
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A