The Fund Grade · free · no account needed
What grade does FAMWX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
FAM Value Fund
#480 of 500 graded active funds · value · large segment peer group
The point · specialist footprint
FAMWX puts less of its book behind proven specialists than 70% of graded funds.
Bottom 20%
● Bottom 40%
Middle
Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.
10,000+ funds tracked · the graded specialists among them drive every read
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
FAMWX vs the Honor Roll · share card ↗Conviction exposure
11.7%
of the book in specialist-converged names
Late-stage weight
12.1%
of the book in Crowded or Fading names
Active share
98.4%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
FAM Value Fund grades F, ranking 480 out of 500 funds, with specialists holding only 11.7% of the portfolio. APH and SYK are both Fading, meaning proven specialists are actively leaving those positions, which together make up over 9% of the fund. MKL offers a genuine bright spot at 6.1% in an Emerging stage, but that alone cannot carry a fund this broadly abandoned.
→ Watch the combined 9.2% weight in Fading APH and SYK closely, as specialist exits there are already underway.
→ Compare this fund against the 3 higher graded peers in the same segment, and against better graded funds within the same family.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.