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July 31, 2026 • Podcast

Star Managers Fail but Disciplined Investors Carry On

Brian Frank examines how investor enthusiasm for star fund managers often leads to poor outcomes. He discusses market performance, noting that reversals are many in staples pricing while fundamentals remain stronger than momentum-driven strategies. The episode covers what worked (value stocks), what didn't (momentum/AI infrastructure), and opportunities in fundamentally sound companies experiencing volatility.

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July 24, 2026 • Podcast

Defense Contractors and Value Win the Week

Brian Frank highlights defense contractor performance, particularly Booz Allen (BAH), which benefited from encouraging earnings reports alongside geopolitical tensions. He examines why buying the dip worked as a trade but did not hold through week's end, and explores how market volatility creates opportunities when IPOs decline below their initial offering prices.

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July 17, 2026 • Media

Brian Frank on MoneyLife

In the Market Call, Brian Frank, manager of the Frank Value Fund, talks about absolute-value investing, noting that "nothing in the tech sector really is cheap" on an absolute basis, which has him looking more towards consumer staples and other areas that he says are trading at a discount. He also discusses the importance of not just buying stocks on the cheap but having a potential catalyst to unlock that value.

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July 11, 2026 • Media

Brian Frank on Your Financial Future

Nick Colarossi interviews Frank Value Fund portfolio manager Brian Frank at the 24 minute mark. Brian discusses his economic outlook and market perspectives as CIO of the Frank Value Fund, a mid-cap value fund that has outperformed 93% of its peers over the past five years.

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July 10, 2026 • Podcast

AI Capital Raises Absorb Liquidity While Value Free Cash Flow Repurchases Stock

Brian Frank discusses SK Hynix's $25 billion ADR listing amid volatility in momentum stocks, and makes the case for staying the course on fundamentals over FOMO. He highlights how companies with 10% free cash flow yields can reward shareholders through opportunistic buybacks better than momentum names trading at far higher valuations.

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July 7, 2026 • Letter to Shareholders

Frank Value Fund Q2 2026 Letter to Shareholders

The Frank Value Fund Institutional class returned 13.60% YTD 2026, compared to 17.58% for the Russell Midcap Value Index. Since January 2022, Frank Value has produced a total return of 83.20%, outperforming the Russell Midcap Value ETF and S&P 500 ETF. With 41% of the S&P 500 concentrated in the "AI Big 10," the fund finds diversified opportunities in undervalued consumer staples, healthcare, and defense stocks.

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July 3, 2026 • Podcast

AI Hype Slows While Value and Low Vol Shines

Brian Frank discusses the delayed Anthropic IPO and a double-digit tumble in memory stocks, contrasting it with a strong week for value and low volatility names. He emphasizes the importance of process over story when buying and selling, and highlights the defensive appeal of healthcare stocks amid favorable demographics.

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June 27, 2026 • Podcast

Leadership Could Change from Memory Stocks to Value Stocks

Brian Frank examines the tug-of-war between momentum and value stocks, suggesting the market may be searching for new leadership from value. He highlights strong performance in consumer staples names like Hershey, JM Smucker, and Edgewell Personal Care, while cautioning against applying standard valuation metrics to alcohol companies under pressure.

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June 19, 2026 • Podcast

Chocolate Chips over Computer Chips?

Brian Frank explores a positive reversal in Vistra Corp (VST) and independent power producers, examines the fundamentals of consumer staples like Hershey's (HSY) despite stock weakness, and discusses how these sectors can balance AI infrastructure investments.

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June 12, 2026 • Podcast

Value in Earthbound Consumer Staples Rather Than Space Stocks

Brian Frank analyzes fundamental value in JM Smucker, NRG Energy, and Science Applications International, contrasting near-term value opportunities with distant growth prospects, and examines defense contractor investments.

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June 5, 2026 • Podcast

Tech Stocks Down, Value Stocks Up

Brian Frank discusses tech stock reversals and defensive sector gains, emphasizing how value investors prioritize fundamentals over technical chart patterns when making investment decisions.

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May 30, 2026 • Podcast

Semiconductors' Gravitational Pull Creates Opportunities in Defensive Stocks

In the first episode of Let's Be Frank with Brian Frank, portfolio manager Brian Frank discusses how investor enthusiasm for semiconductor stocks is redirecting capital away from other market segments. Brian examines overlooked defensive companies that may offer a prudent strategy during speculative cycles.

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April 5, 2026 • Letter to Shareholders

Frank Value Fund Q1 2026 Letter to Shareholders

The Frank Value Fund Institutional class returned 3.58% in Q1 2026, compared to 3.68% for the Russell Midcap Value Index. Since January 2022, Frank Value has produced a total return of 67.0%, outperforming the Russell Midcap Value ETF, S&P 500 ETF, and Nasdaq 100 ETF. The fund ranked in the top 5% of its Morningstar Mid-Cap Value category for the five years ended March 31, 2026.

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January 6, 2026 • Letter to Shareholders

Frank Value Fund Q4 2025 Letter to Shareholders

The Frank Value Fund Institutional class returned 12.29% in 2025, compared to 11.05% for the Russell Midcap Value Index. Since fully integrating catalyst-unlocking value into the strategy in January 2022, Frank Value Institutional class produced a total return of 61.3%, outperforming both the Russell Midcap Value ETF and the S&P 500 ETF.

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November 21, 2025 • Media

Brian Frank on MoneyLife

Listen to Frank Value Fund portfolio manager Brian Frank speak with host of MoneyLife, Chuck Jaffe about absolute value investing. Frank details the bargains in small and mid-cap value space that investors are overlooking.

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October 7, 2025 • Letter to Shareholders

Frank Value Fund Q3 2025 Letter to Shareholders

The Frank Value Fund Institutional class returned 15.68% YTD as of September 30, 2025, compared to 9.50% for the Russell Midcap Value Index. Since fully integrating catalyst-unlocking value into the strategy in January 2022, Frank Value Institutional class produced a total return of 66.13%, outperforming both the Russell Midcap Value Index and the S&P 500 Index.

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July 12, 2025 • Media

Brian Frank on Your Financial Future

Nick Colarossi interviews Frank Value Fund portfolio manager Brian Frank at the 25:45 mark. A wide-ranging interview covering Frank Value's strategy, current portfolio holdings, and opportunities found in the tariff tantrum.

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July 8, 2025 • Letter to Shareholders

Frank Value Fund Q2 2025 Letter to Shareholders

The Frank Value Fund Institutional class returned 8.36% YTD as of June 30, 2025, compared to 3.12% for the Russell Midcap Value Index. NRG Energy announced a transformative acquisition and Cantaloupe Inc agreed to go private at a price 85% above the fund's initial purchase.

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June 2025 • Market Commentary

The Case for Small & Mid-Cap Value

US Stock markets have rallied significantly from the tariff tantrum lows in April 2025. Despite the broadening of the rally, value companies remain attractive on a relative and absolute basis. We believe small and mid-cap value equities offer a superior risk-adjusted allocation relative to the major indices.

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April 14, 2025 • Media

Yahoo Finance Interview

Frank Value Fund portfolio manager Brian Frank appears on Yahoo Finance to discuss active stock selection versus passive investing, the fund's thesis on independent power producers, and why NRG Energy is the fund's top holding.

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April 8, 2025 • Letter to Shareholders

Frank Value Fund Q1 2025 Letter to Shareholders

The Frank Value Fund Institutional class returned -2.32% in Q1 2025, compared to -2.11% for the Russell Midcap Value Index. As tariff-driven volatility rattles the market, the fund is sifting the wreckage for opportunities and raising exposure to independent power producers with recession-resistant earnings.

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February 10, 2025 • Media

Brian Frank on MoneyLife

Listen to Frank Value Fund portfolio manager Brian Frank speak with host of MoneyLife, Chuck Jaffe about absolute value investing. While the broader market is trading near historically high valuations, Frank details the bargains in small and mid-cap value space that investors are overlooking.

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