Fund Evaluator:
Cambiar Opportunity Inst (CAMWX)
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Fund Details
Cambiar Opportunity Inst Overview
Cambiar Opportunity Inst (CAMWX) is an actively managed U.S. Equity Large Value fund. Cambiar Funds launched the fund in 2005.
The investment seeks total return and capital preservation. The fund invests primarily in a diversified portfolio of common stocks of companies with a market capitalization in excess of $20 billion at time of purchase. The Adviser constructs the fund's portfolio on a security-by-security basis, with the goal of building a portfolio that strikes a balance between the Adviser's conviction in an investment and portfolio diversification.
About Cambiar Opportunity Inst (CAMWX)
There are 5 members of the management team with an average tenure of 12.84 years: Anna (Ania) Aldrich (1999), Joseph Chin (2019), Richard Carney (2026), Adam Ballantyne (2026), Brian Barish (1998). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Cambiar Opportunity Inst has 43 securities in its portfolio. The top 10 holdings constitute 33.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Cambiar Opportunity Inst is part of the Equity global asset class and is within the U.S. Equity fund group. Cambiar Opportunity Inst has 9.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.9%. There is 9.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Cambiar Opportunity Inst has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $203 million in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CAMWX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Cambiar Opportunity Inst expense ratio is above average compared to funds in the Large Value category. Cambiar Opportunity Inst has an expense ratio of 0.65%, which is 30% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Cambiar Opportunity Inst has a portfolio turnover rate of 49%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 63% for the Large Value category.
Recently, in the month of August 2026, Cambiar Opportunity Inst returned 0.3%, which earned it a grade of F, as the Large Value category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Cambiar Opportunity Inst has a trailing yield of 1.21%, which is above the 1.17% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Cambiar Opportunity Inst Grades
Year to date, the fund has returned 16.6%, 0.5 percentage points better than the category, which translates into a grade of C. The fund has returned 22.9% over the past year (grade of C), 17.4% over the past three years (grade of C) and 10.6% per year over the past five years (grade of C) and 12.7% per year over the past 10 years (grade of A).
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CAMWX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CAMWX Return (NAV) | 0.3% | 4.6% | 22.9% | 17.4% | 10.6% | 12.7% |
| CAMWX Grade | F | D | C | C | C | A |
| +/- Category | -1.3% | -1.7% | 1.3% | 0.1% | -0.1% | 1.3% |
| Large Value Avg | 1.6% | 6.2% | 21.6% | 17.3% | 10.7% | 11.4% |
| CAMWX Tax Cost Ratio | na | na | 5.2% | 3.4% | 2.8% | 2.7% |
CAMWX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CAMWX Return (NAV) | 16.6% | 13.7% | 14.9% | 17.1% | -7.8% | 21.1% | 16.9% | 32.9% | -13.1% | 15.0% | 13.4% |
| CAMWX Grade | C | D | C | A | D | F | A | A | F | D | D |
| +/- Category | 0.5% | -1.4% | 0.7% | 5.3% | -1.7% | -4.6% | 13.0% | 7.3% | -4.7% | -1.4% | -1.0% |
| Large Value Avg | 16.1% | 15.1% | 14.1% | 11.8% | -6.1% | 25.7% | 3.9% | 25.6% | -8.5% | 16.5% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 12.0% |
| Total Risk Index: | 0.99 - Average |
| Category Risk Index: | 1.01 - Average |
| Category Risk Grade: | C (58% Rank) |
| Beta: | 0.75 |
| R-Squared: | 64% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $334 Mil |
| Fund Total Assets: | $ 204 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 49% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 28.2 years | |||
| Average Tenure: 12.8 years | |||
| Managers (Year): Barish Brian (1998), Aldrich Anna (Ania) (1999), Chin Joseph (2019), Carney Richard (2026), Ballantyne Adam (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 43 |
| % in Top 10 Holdings: | 33.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 9.9% |
Portfolio Allocation |
|
| Domestic Stock: | 89.9% |
| Foreign Stock: | 9.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Fund Family: | Cambiar Funds |
| Phone Number: | 866-777-8227 |
| Website: | www.cambiar.com |
| Status: | Open |
| Inception Date: | November 3, 2005 |
| Min. Initial Purchase: | $500,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.65% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Cambiar Opportunity Inv |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
