Capital Gain Distribution Estimates as of November 15, 2018

Fund NamePer Share Short-Term Capital Gain RangePer Share Long-Term Capital Gain RangeEstimated Record DateEstimated Pay Date
Walthausen Small Cap Value Fund$0.00 - $0.00$2.39 - $2.7412/19/201812/20/2018
Walthausen Select Value Fund$1.02 - $1.36$5.17 - $5.6912/19/201812/20/2018

The Funds

As of 12/14/2018

  • Small Cap Value Fund

    WSCVX

  • Select Value Fund Institutional Class

    WSVIX

  • Select Value Fund Retail Class

    WSVRX

  • Select Value Fund R6 Class

    WRSIX

Investors should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. You may obtain a prospectus on this website or by calling the transfer agent at 1-888-925-8428. The prospectus should be read carefully before investing. Distributed by Rafferty Capital Markets, LLC