Driehaus Small Cap Growth Fund Institutional Class (DNSMX)

Fund Assets	1.55B
Expense Ratio	0.69%
Min. Investment	$500,000
Turnover	152.00%
Dividend (ttm)	0.12
Dividend Yield	0.38%
Dividend Growth	-58.66%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	31.64
YTD Return	16.24%
1-Year Return	34.21%
5-Year Return	39.85%
52-Week Low	23.84
52-Week High	34.06
Beta (5Y)	1.26
Holdings	123
Inception Date	Aug 21, 2017

About DNSMX

The Driehaus Small Cap Growth Fund Institutional Class is a mutual fund focused on capital appreciation through investments in U.S. small-cap companies. It implements a growth-oriented strategy, targeting equities of firms that fall within the market capitalization range of the Russell 2000® Growth Index. This approach emphasizes faster-growing businesses, often in early development stages or in emerging industries. The fund's portfolio is diversified across sectors such as technology, consumer defensive, healthcare, and industrials, with top holdings frequently representing innovative and high-growth companies. Managed by an experienced investment team, the fund aims to identify and capitalize on dynamic opportunities in the small-cap segment, which is characterized by higher volatility but also the potential for rapid expansion. With a minimum initial investment tailored to institutional investors, the fund maintains a cost advantage within its peer group, while offering exposure to a segment of the equity market known for its risk and return potential.

• Fund Family: Driehaus
• Category: Small Growth
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: DNSMX
• Share Class: Institutional Share Class
• Index: Russell 2000 Growth TR

Performance

DNSMX had a total return of 34.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.87%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VRTGX	Vanguard	Vanguard Russell 2000 Growth Index Fund Institutional Shares	0.07%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DVSMX	Investor Share Class	0.93%

Top 10 Holdings

18.94% of assets

Name	Symbol	Weight
Northern Institutional US Govt Sel	BGSXX	2.71%
Vicor Corporation	VICR	2.03%
Guardant Health, Inc.	GH	1.99%
Silicon Motion Technology Corporation	SIMO	1.98%
Apogee Therapeutics, Inc.	APGE	1.81%
Praxis Precision Medicines, Inc.	PRAX	1.75%
Definium Therapeutics, Inc.	DFTX	1.74%
Planet Labs PBC	PL	1.73%
Spyre Therapeutics, Inc.	SYRE	1.70%
Curtiss-Wright Corporation	CW	1.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.11997	Dec 18, 2025
Dec 19, 2024	$0.29022	Dec 19, 2024
Dec 13, 2023	$0.10624	Dec 14, 2023
Dec 14, 2022	$0.32916	Dec 14, 2022
Dec 16, 2021	$4.52268	Dec 17, 2021
Dec 17, 2020	$1.5477	Dec 17, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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