Advisors Capital Small/Mid Cap (ACSMX)
| Fund Assets | 119.35M |
| Expense Ratio | 1.87% |
| Min. Investment | $2,500 |
| Turnover | 8.24% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.41 |
| YTD Return | -7.69% |
| 1-Year Return | 0.48% |
| 5-Year Return | 3.57% |
| 52-Week Low | 9.21 |
| 52-Week High | 11.97 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Feb 1, 2021 |
About ACSMX
Advisors Capital Small/Mid Cap Fund is an open-end mutual fund focused on U.S. small and mid-capitalization equities. Launched in 2021, the fund seeks long-term capital appreciation by investing at least 80% of its assets in the stocks of small and mid-sized companies, primarily based in the United States but with the flexibility to include select foreign issuers. It targets both growth and value stocks across various sectors, building a diversified portfolio through a combination of fundamental and quantitative analysis with a bottom-up stock selection process. The fund typically holds around 34 securities, with nearly half of its assets concentrated in its top ten holdings, spanning industries such as financial services, industrials, technology, and consumer cyclical. Advisors Capital Small/Mid Cap Fund is managed by Advisors Capital Management in partnership with Neiman Funds, and it benchmarks its performance against widely recognized indices like the S&P 500 and the CRSP US Small Cap Index. The fund is noted for its active management approach, aiming to identify attractively valued, competitively advantaged companies with robust free cash flow and strong leadership qualities.
Performance
ACSMX had a total return of 0.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.84%.
Top 10 Holdings
49.41% of assets| Name | Symbol | Weight |
|---|---|---|
| RBC Bearings Incorporated | RBC | 7.14% |
| Coastal Financial Corporation | CCB | 6.23% |
| Guidewire Software, Inc. | GWRE | 5.96% |
| Casey's General Stores, Inc. | CASY | 5.65% |
| Jones Lang LaSalle Incorporated | JLL | 4.53% |
| Castle Biosciences, Inc. | CSTL | 4.47% |
| PJT Partners Inc. | PJT | 4.24% |
| Evercore Inc. | EVR | 4.03% |
| Virtu Financial, Inc. | VIRT | 3.61% |
| AtriCure, Inc. | ATRC | 3.55% |