Fund Evaluator:

Wilshire Small Company Value Instl Overview

Wilshire Small Company Value Instl (WSMVX) is an actively managed U.S. Equity Small Value fund. Wilshire Mutual Funds launched the fund in 1996.

The investment seeks capital appreciation. The fund invests substantially all of its assets in the common stock of companies with smaller market capitalizations-generally within the range of companies comprising the Russell 2000® Value Index. It invests, generally, in companies with relatively low price to book value ratios, relatively low price to earnings ratios and relatively high dividend yields (dividend yields for small companies are generally less than those of large companies).

About Wilshire Small Company Value Instl (WSMVX)

There are 7 members of the management team with an average tenure of 11.49 years: Judd Peters (2019), Daniel Allen (2011), Daniel Arche (2021), Aaron Monroe (2019), Ryan Thomes (2019), Thomas Stevens (2002), Hal Reynolds (2011). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: FT Wilshire 5000 TR USD index with a weighting of 100% and Russell 2000 Value TR USD index with a weighting of 100%. Wilshire Small Company Value Instl has 683 securities in its portfolio. The top 10 holdings constitute 13.6% 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.

Wilshire Small Company Value Instl is part of the Equity global asset class and is within the U.S. Equity fund group. Wilshire Small Company Value Instl has 4.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.7%. There is 4.1% 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). Wilshire Small Company Value Instl has 1.2% of the portfolio in cash.

Assets Under Management

The fund has $19 million in total assets, which is below the $417 million average for the Small 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.

WSMVX 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 Wilshire Small Company Value Instl expense ratio is high compared to funds in the Small Value category. Wilshire Small Company Value Instl has an expense ratio of 1.10%, which is 6% lower than its category average, making the fund expense ratio grade a C. 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. Wilshire Small Company Value Instl has a portfolio turnover rate of 63%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 128% for the Small Value category.

Recently, in the month of July 2026, Wilshire Small Company Value Instl returned 0.5%, which earned it a grade of B, as the Small Value category had an average return of -0.4%. 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.

Wilshire Small Company Value Instl has a trailing yield of 0.87%, which is above the 0.77% category average. The fund normally distributes its income annually and its capital gains semi-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.

Wilshire Small Company Value Instl Grades

Year to date, the fund has returned 25.2%, 5.1 percentage points better than the category, which translates into a grade of A. The fund has returned 39.4% over the past year (grade of A), 16.1% over the past three years (grade of A) and 11.2% per year over the past five years (grade of A) and 10.3% per year over the past 10 years (grade of B).

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