Villere Equity Fund (VLEQX)
Villere Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $10.13, down 0.01% on the session, giving a market capitalisation of $32.7M. Its beta of 0.93 implies it has historically moved less than the broad market.
Under typical market conditions, the Villere Equity Fund dedicates at least 80% of its total capital—encompassing both net assets and any borrowed funds used for investment—to equity-related holdings. While its core focus is on acquiring common stock in a concentrated portfolio of approximately 20 to 30 enterprises, the fund also retains the flexibility to invest in preferred shares, rights, and warrants. Additionally, it may, on occasion, participate in initial public offerings (IPOs). The portfolio's international exposure is capped at 10% of assets, which may be invested in foreign securities via American Depositary Receipts (ADRs).
Villere Equity Fund is most often compared with the following Financial Services names: