Adirondack Small Cap Fund (ADKSX)

Fund Assets	54.58M
Expense Ratio	1.42%
Min. Investment	$3,000
Turnover	48.10%
Dividend (ttm)	0.03
Dividend Yield	0.08%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 12, 2025

Previous Close	37.31
YTD Return	13.56%
1-Year Return	17.09%
5-Year Return	75.51%
52-Week Low	32.65
52-Week High	39.95
Beta (5Y)	0.92
Holdings	58
Inception Date	Apr 6, 2005

About ADKSX

The Adirondack Small Cap Fund is an actively managed mutual fund that focuses on investing in undervalued small capitalization companies. Its primary objective is to provide long-term capital appreciation by seeking out small-cap stocks that have fallen out of favor with investors, often targeting turnaround situations before they attract mainstream attention. The fund follows a 'middle-down' research process, first identifying attractive industries and then selecting specific companies within these sectors that meet strict value criteria. Diversification is a key approach, with the fund assembling a varied portfolio across sectors such as technology, financial services, healthcare, real estate, and consumer defensive industries. Managed by Adirondack Research and Management since its inception in 2005, the fund is owner-operated and no-load, emphasizing alignment between management and shareholders. With a reputation for independent thinking and patient investment, the Adirondack Small Cap Fund holds a distinctive place among small-cap value funds in the U.S. mutual fund market, aiming to deliver compelling risk-adjusted returns over the long term.

• Fund Family: Adirondack Funds
• Category: Small Value
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: ADKSX
• Index: Russell 2000 Value TR

Performance

ADKSX had a total return of 17.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.52%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FISVX	Fidelity	Fidelity Small Cap Value Index Fund	0.05%

Top 10 Holdings

37.76% of assets

Name	Symbol	Weight
Cash & Cash Equivalents	n/a	12.67%
Healthcare Services Group, Inc.	HCSG	3.87%
United Fire Group, Inc.	UFCS	3.07%
LSI Industries Inc.	LYTS	2.85%
Brookdale Senior Living Inc.	BKD	2.84%
Antero Resources Corporation	AR	2.56%
The AES Corporation	AES	2.49%
Healthcare Realty Trust Incorporated	HR	2.49%
Dole plc	DOLE	2.48%
Lincoln National Corporation	LNC	2.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 12, 2025	$2.70715	Dec 12, 2025
Dec 18, 2020	$0.02129	Dec 18, 2020
Dec 19, 2019	$0.04859	Dec 19, 2019
Dec 19, 2018	$2.32898	Dec 19, 2018
Dec 20, 2017	$2.25854	Dec 20, 2017
Dec 21, 2016	$0.70776	Dec 21, 2016

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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