MIR - Ave Maria Value Fund Q1 2025 Commentary
2025-05-14 06:05:00 ET
Summary
- The Ave Maria Value Fund had a total return of 4.88% for the three months ended March 31, 2025, compared to -6.10% for the S&P MidCap 400 Index and -4.27% for the S&P 500 Index.
- For the one-year period ending March 31, 2025, the Fund placed in the 1st percentile among 437 funds in Morningstar’s Mid-Cap Blend category.
- At quarter end, the Fund owned a diversified portfolio of 32 companies across a broad array of industries, with an emphasis on industrials, energy, royalties, and real estate.
The Ave Maria Value Fund ( AVEMX ) had a total return of 4.88% for the three months ended March 31, 2025, compared to -6.10% for the S&P MidCap 400® Index and -4.27% for the S&P 500® Index. The returns for the Fund compared to its benchmarks as of March 31, 2025 were:
Year to Date |
1 Yr. |
3 Yrs.^ |
5 Yrs.^ |
10 Yrs.^ |
Since Inception^* |
Prospectus Expense Ratio |
Ave Maria Value Fund |
4.88% |
20.53% |
10.50% |
20.63% |
8.49% |
7.91% |
0.94% |
S&P MidCap 400 ® Index |
-6.10% |
-2.70% |
4.42% |
16.91% |
8.43% |
9.10% |
S&P 500 ® Index |
-4.27% |
8.25% |
9.06% |
18.59% |
12.50% |
8.47% |