About CCALX
Conestoga Small Cap Fund Institutional Class is an open-end mutual fund focused on delivering long-term growth of capital by investing primarily in equity securities of small-capitalization companies. The fund typically allocates at least 80% of its net assets to stocks of firms that generally fall within the market capitalization range of the Russell 2000 Index, targeting businesses in the early stages of growth. Its investment strategy emphasizes a "growth at a reasonable price" (GARP) philosophy, combining fundamental analysis and bottom-up stock selection to identify companies with strong earnings growth, attractive valuations, sustainable competitive advantages, and capable management teams.
The portfolio generally consists of 45-50 holdings, with a significant allocation to the industrials and technology sectors, and a notable concentration in its top ten holdings. The fund seeks to outperform its benchmarks, such as the Russell 2000 Growth Index, while controlling risk through careful stock selection and relatively low portfolio turnover. Managed by Conestoga Capital Advisors since its inception in 2002, the fund serves institutional investors with a higher minimum investment requirement, aiming to capitalize on opportunities among dynamic small-cap U.S. companies.
Fund Family Conestoga Capital Advisors
Category Small Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol CCALX
Share Class Institutional Class
Index Russell 2000 Growth TR
CCALX had a total return of -5.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.28%.
