Registry rank 387 · Portfolio as of 2026-03-31

Disciplined Value Fund

JDVFX · JDVNX · JDVPX · JDVVX · JDVWX · JVLAX · JVLCX · JVLIX

Best-fit active share79.5%vs IWD · fund as of 2026-03-31 · proxy as of 2026-03-31
Declared-benchmark active share81.8%Russell 1000 Index · benchmark mismatch · fund as of 2026-03-31 · proxy as of 2026-03-31 · declared source as of 2025-03-31
JDVFX expense ratio0.85%SEC expense filing · as of 2025-03-31
JDVFX fee per active unit1.07%expense as of 2025-03-31; fund as of 2026-03-31; proxy as of 2026-03-31

Filed fees in dollars

SEC-convention illustration

Computed from SEC filings

Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.01% computed index-control baseline. Methodology.

Illustrated difference between each class’s filed expense ratio and the computed index-control baseline. Computed from SEC filings.
Share class and filing10 years20 years30 years
JDVFX0.85% · SEC expense filing · as of 2025-03-31$12,561$39,305$92,290
JDVNX0.60% · SEC expense filing · as of 2025-03-31$8,917$28,227$67,034
JDVPX1.10% · SEC expense filing · as of 2025-03-31$16,127$49,888$115,848
JDVVX0.65% · SEC expense filing · as of 2025-03-31$9,652$30,483$72,226
JDVWX0.60% · SEC expense filing · as of 2025-03-31$8,917$28,227$67,034
JVLAX0.96% · SEC expense filing · as of 2025-03-31$14,140$44,021$102,858
JVLCX1.71% · SEC expense filing · as of 2025-03-31$24,511$73,767$166,873
JVLIX0.71% · SEC expense filing · as of 2025-03-31$10,530$33,164$78,363

Real trailing windows

Computed on licensed market-return history

Trailing windows use IWD adjusted-close total-return history through 2026-07-29 and the same filed index-control fee baseline as the convention table. Methodology.

Dollar fee drag over actual trailing proxy-return windows. Each result below is computed on licensed market-return history.
Share class and filing10 years20 years30 years
JDVFXFiled fee as of 2025-03-31$21,455Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$75,717Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JDVNXFiled fee as of 2025-03-31$15,221Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$54,337Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JDVPXFiled fee as of 2025-03-31$27,562Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$96,176Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JDVVXFiled fee as of 2025-03-31$16,478Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$58,689Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JDVWXFiled fee as of 2025-03-31$15,221Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$54,337Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JVLAXFiled fee as of 2025-03-31$24,157Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$84,830Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JVLCXFiled fee as of 2025-03-31$41,952Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$142,460Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window
JVLIXFiled fee as of 2025-03-31$17,980Computed on licensed market-return history
2016-07-29 to 2026-07-29 · proxy return 11.41% annualized
$63,860Computed on licensed market-return history
2006-07-31 to 2026-07-29 · proxy return 8.68% annualized
Proxy history begins 2000 — no full 30-year window

These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.

Change the illustration

Return mode

Computed from SEC filings

Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.01% computed index-control baseline. JDVFX SEC expense filing, as of 2025-03-31. Methodology.

SEC-convention illustration for JDVFX; expense ratio filed as of 2025-03-31.
ResultAmount
Ending value at baseline$264,825
Ending value at filed expense ratio$225,520
Difference attributed to fee drag$39,305

This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.

Largest active differences vs IWD

The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.

BERKSHIRE HATHAWAY INC.-2.92%
CRH PUBLIC LIMITED COMPANY+1.77%
HoldingFundIWDDifference
ALPHABET INC.0.00%3.55%-3.55%
BERKSHIRE HATHAWAY INC.0.00%2.92%-2.92%
EXXON MOBIL CORPORATION0.00%2.36%-2.36%
Kinross Gold Corporation2.30%0.00%+2.30%
US FOODS HOLDING CORP.2.13%0.07%+2.06%
JOHNSON & JOHNSON0.00%1.94%-1.94%
MARATHON PETROLEUM CORPORATION2.15%0.24%+1.91%
Cencora Inc.1.89%0.00%+1.89%
CRH PUBLIC LIMITED COMPANY2.00%0.23%+1.77%
MCKESSON CORPORATION1.67%0.03%+1.65%

Source and verification

SEC N-PORT filing · filed 2026-05-29 · period 2026-03-31

SEC expense filing · period 2025-03-31

Immutable verification record · Active-share method

Cite these figures

Each snippet includes the figure’s source-event date and immutable verification URL.

Best-fit active share

Sensible Investor, “Disciplined Value Fund — best-fit active share,” 79.5% versus IWD, fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jdvfx/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JDVFX filed expense ratio

Sensible Investor, “Disciplined Value Fund — filed expense ratio,” 0.85% for JDVFX, as of 2025-03-31. https://sensible-investor.com/registry/jdvfx/as-of/363649da-fcfb-4007-87ef-de06de7710ca

JDVFX fee per active unit

Sensible Investor, “Disciplined Value Fund — fee per unit of active management,” 1.07% using the JDVFX expense ratio as of 2025-03-31 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/jdvfx/as-of/363649da-fcfb-4007-87ef-de06de7710ca