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Smead Value Fund Class R2

SVFKX · NASDAQ

Market closed$99.44$-0.220000 (-0.22%)

Key statistics

Previous close$99.66
Open$99.44
Day high$99.44
Day low$99.44
52-week high$99.66
52-week low$76.67
Market cap4.03B
Volume—
Average volume—
P/E ratio17.88
Forward P/E—
EPS5.56
Dividend yield0.00%

Market context

Why it moved

SVFKX experienced a modest decline today likely due to broad market selling pressure or routine net asset value adjustments, as no specific company-related news catalyst was identified to explain the movement.

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What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026Smead Value Fund Class R2 closed near its 52-week high as the broader financial services sector rode a wave of blockbuster Q2 earnings from Wall Street giants. BlackRock topped estimates with record iShares inflows surpassing $6 trillion in AUM, Goldman Sachs surged on a 72% equities revenue jump and record M&A advisory fees, and Morgan Stanley posted record quarterly results with client assets topping $10 trillion—all tailwinds for value-oriented asset management strategies. The favorable backdrop was reinforced by a softer-than-expected June CPI print, easing rate hike fears and boosting sentiment across financials.
July 14, 2026Smead Value Fund Class R2 closed near its 52-week high of $97.64, holding steady as the broader financial services sector navigated a mixed session. Wall Street banks delivered strong Q2 earnings — JPMorgan posted its highest quarterly profit ever and Goldman Sachs topped estimates on surging dealmaking and trading — providing a positive backdrop for asset managers. However, Morningstar noted financial stocks underperformed the broader market in Q2, citing concerns over AI disruption and cracks in private credit, while rising Iran tensions and oil price spikes kept investor sentiment cautious heading into a pivotal earnings and inflation data week.
July 13, 2026Smead Value Fund Class R2 closed at $97.64, touching its 52-week high, as the broader financial services sector navigated a mixed backdrop heading into a pivotal week for asset managers. A surge in U.S.-Iran tensions sent oil prices up ~5%, weighing on equity markets broadly, while the XLF sector ETF held near flat in after-hours trade. Investor attention is squarely on Q2 bank earnings kicking off July 14—JPMorgan, Goldman Sachs, and peers reporting simultaneously—which could signal broader tailwinds for value-oriented financial holdings like those Smead targets.
July 8, 2026Smead Value Fund Class R2 closed essentially unchanged near its 52-week high of $97.54, even as broader financial sector headwinds mounted. The XLF financial sector ETF edged lower in after-hours trading amid a sharp risk-off session driven by renewed U.S.-Iran military exchanges and surging oil prices after President Trump declared the Iran peace MOU 'over.' The S&P 500 retreated as geopolitical tensions rattled markets, with banking and financial names like American Express declining over 3%. Upcoming Q2 bank earnings season—with UBS flagging peak optimism and elevated valuations—adds further uncertainty for asset managers like Smead Value Fund.
July 2, 2026Smead Value Fund Class R2 is trading flat amid a broadly cautious market tone as investors await the June U.S. nonfarm payrolls report. The broader financial services sector, as reflected by XLF trading modestly lower, faces a mixed backdrop: Q1 asset management earnings were largely disappointing, with major peers including Artisan Partners, Carlyle, and Blackstone all declining sharply post-results, while the finance sector outperformed in Q2 overall with a 10.9% gain. Rising rate-hike expectations under Fed Chair Kevin Warsh and persistent inflation concerns continue to shape the investing environment for value-oriented funds.

Peers

S&P 500SPX · $7,457.69-1.01%American Century Small Cap Value Fund Investor ClassASVIX · $10.86-0.64%Goldman Sachs Small Cap Value Fund Institutional SharesGSSIX · $46.30-0.58%SEI S&P 500 Index A (SIIT)SPINX · $22.75-1.00%SEI Institutional Managed Trust Tax Managed Large Cap FundSTLYX · $43.99-0.90%Smead Value Fund Class ASVFAX · $97.40-0.22%Smead Value Fund Class R1SVFDX · $95.64-0.22%Smead Value Fund - Class I1SVFFX · $98.39-0.21%Smead Value Fund;YSVFYX · $98.60-0.21%Nuveen Lifecycle 2030 Fund RetirementTCLNX · $17.24-0.52%SEI Institutional Managed Trust Tax-Managed Large Cap Fund Class FTMLCX · $43.99-0.92%