Wilshire Small Company Value Portfolio

Investment Market CapThe Wilshire Small Company Value Portfolio (the "Fund") focuses on the small company value segment of the U.S. stock market. The Fund invests substantially all of its assets in companies with market capitalizations of less than $4 billion at the time of purchase. These companies have relatively low price-to-book value ratios, low price-to-earnings ratios, and higher-than-average dividend yields (dividend yield for small companies are generally less than those of large companies). The Fund invests in small-cap companies that may still further develop.

Performance1

Monthly as of 6/30/2019 1 Mo 3 Mo 6 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr 15 Yr Since Inc.2
Investment Class (DTSVX) 6.53% 2.32% 14.29% 14.29% -8.88% 7.88% 5.00% 12.71% 7.25% 8.70%
Inst’l Class (WSMVX) 6.53% 2.37% 14.41% 14.41% -8.68% 8.13% 5.28% 13.02% 7.58% 8.79%

 

Quarterly as of 6/30/2019 2Q 2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inc.2
Investment Class (DTSVX) 2.32% 14.29% -8.88% 7.88% 5.00% 12.71% 8.70%
Inst'l Class (WSMVX) 2.37% 14.41% -8.68% 8.13% 5.28% 13.02% 8.79%
Russell 2000® Value Index 1.37% 13.47% -6.24% 9.81% 5.39% 12.40% *
1Returns for periods less than one year are aggregate and returns for periods more than one year are annualized. The performance quoted reflects fee waivers in effect, and would have been lower in their absence. The performance data quoted represents past performance and is not indicative of future results. Current performance may be lower or higher. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original costs.

2Investment class inception date 9/30/1992. Institutional class inception date 7/15/1996.

*For the Investment Class, the return of the Russell 2000 Value Index is 10.46%. For the Institutional Class, the return of the Russell 2000 Value Index is 9.48%.

Fund Facts

Fundamental Characteristics3 As of 3/31/2019

  • Price to Earnings Ratio: 18.78
  • Price to Book Ratio: 1.51
  • Beta: 1.00
  • R-Squared: 0.97
  • Fund Assets: $58.312 Million
  • Number of Securities: 438

Portfolio Management

  • Los Angeles Capital Management and Equity Research, Inc.
  • NWQ Investment Management Company, LLC
 

Fees & Minimums

  • Minimum Initial Investment: $2,500
  • Minimum Subsequent Investment: $100
  • 12b-1 Fee: 0.25%
  • Gross Expense Ratio: 1.57%
    Net Expense Ratio: 1.35%
  • Nasdaq Symbol: DTSVX
  • CUSIP: 971897400
  • Minimum Initial Investment: $250,000
  • Minimum Subsequent Investment: $100,000
  • 12b-1 Fee: None
  • Gross Expense Ratio: 1.26%
    Net Expense Ratio: 1.10%
  • Nasdaq Symbol: WSMVX
  • CUSIP: 971897806
 

3The Price to Book ratio is calculated based on the book value of each portfolio security as of the end of its issuer’s most recent fiscal year. The Price to Earnings ratio is calculated based on the latest 12 months earnings of each portfolio security. The price is as of the date of this publication (3/31/2019). Beta is a measure of the fund’s sensitivity to the benchmark index. R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

Wilshire Associates Incorporated, the Fund’s investment adviser, has entered into a contractual agreement to limit expenses to 1.35% and 1.10% of average daily net assets for Investment Class Shares and Institutional Class Shares, respectively, through April 30, 2020. This agreement does not include taxes, brokerage expenses, dividend expenses on short securities and extra ordinary expense. To the extent that the Fund’s expenses are less than the expense limitation, Wilshire may recoup the amount of any management fee waived/expenses reimbursed within three years after the year in which Wilshire incurred the expense if the recoupment does not exceed the existing expense limitation as well as the expense limitation that was in place at the time of the fee waiver/expense reimbursement.

 

Fund Literature» Request these files as printed copies

Prospectus

Statement of Additional Information

Capital Gains

Financial Reports

 

There are risks involved with investing, including the possible loss of principal. In addition to the risks associated with investing, investments in smaller companies typically exhibit higher volatility.

You should consider the Fund’s investment objectives, risks, charges, and expenses carefully before you invest. The Fund’s summary or full prospectus, which can be obtained above or by calling 1-866-591-1568, contains this and other information about the fund.

Read the prospectus carefully before you invest or send money.

Diversification does not ensure a profit or protect against loss.

The Russell 2000® Value Index measures the performance of small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. Index performance is presented for general comparative purposes. Unlike a mutual fund, the performance of an index assumes no taxes, transaction costs, management fees or other expenses. An individual cannot directly invest in any index.

Distributed by Ultimus Fund Distributors, LLC. Please send questions or comments to wilfunds@wilshire.com or WILSHIRE MUTUAL FUNDS, INC., P.O. Box 219512 Kansas City, MO 64121-9512. Check the background of Ultimus Fund Distributors, LLC, on FINRA’s BrokerCheck.

Copyright © 2019 by Wilshire Mutual Funds, Inc., 1299 Ocean Avenue, Suite 700, Santa Monica, California, 90401-1085, USA. All rights reserved.

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