Driehaus Small/Mid Cap Growth (DSMDX)

Fund Assets	100.42M
Expense Ratio	0.81%
Min. Investment	$10,000
Turnover	152.00%
Dividend (ttm)	0.09
Dividend Yield	0.42%
Dividend Growth	34.59%
Payout Frequency	n/a
Ex-Dividend Date	Dec 18, 2025

Previous Close	20.16
YTD Return	-1.26%
1-Year Return	-2.50%
5-Year Return	11.28%
52-Week Low	19.30
52-Week High	25.56
Beta (5Y)	n/a
Holdings	125
Inception Date	May 1, 2020

About DSMDX

The Driehaus Small/Mid Cap Growth Fund Institutional is a mutual fund designed to maximize capital appreciation by investing primarily in the equity securities of U.S. small-cap and mid-cap companies. Managed by Driehaus Capital Management, the fund typically allocates at least 80% of its net assets to these segments, focusing on businesses poised for above-average growth within their respective sectors. The portfolio features holdings across diverse industries, with recent allocations including companies such as CyberArk Software, Natera Inc, and Axon Enterprise, reflecting an emphasis on innovation and high-growth potential. Established in 2020, the fund has demonstrated a robust investment process, earning recognition for its disciplined strategy and strong risk-adjusted performance over time. It serves institutional investors seeking exposure to dynamic segments of the U.S. equity market outside of large-cap names, offering diversification and the potential to benefit from the agility and growth prospects of smaller companies. The fund plays an important role for market participants aiming to capture opportunities as companies transition from early growth stages to broader market recognition.

• Fund Family: Driehaus
• Category: Mid-Cap Growth
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DSMDX
• Index: Russell 2500 Growth TR

Performance

DSMDX had a total return of -2.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.92%.

Top 10 Holdings

19.41% of assets

Name	Symbol	Weight
Northern Institutional US Government	BNGXX	2.95%
Crinetics Pharmaceuticals, Inc.	CRNX	2.54%
Guardant Health, Inc.	GH	2.51%
Natera, Inc.	NTRA	1.91%
Praxis Precision Medicines, Inc.	PRAX	1.90%
Carpenter Technology Corporation	CRS	1.70%
Curtiss-Wright Corporation	CW	1.65%
Teledyne Technologies Incorporated	TDY	1.47%
Affirm Holdings, Inc.	AFRM	1.41%
Arrowhead Pharmaceuticals, Inc.	ARWR	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.08502	Dec 18, 2025
Dec 19, 2024	$0.06317	Dec 19, 2024
Dec 14, 2022	$0.46226	Dec 14, 2022
Dec 16, 2021	$1.48728	Dec 17, 2021
Dec 17, 2020	$0.23605	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:

Oct 16, 2026

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