FullerThaler Behavioral Micro-Cap Equity Fund Institutional Shares (FTMSX)
| Fund Assets | 23.24M |
| Expense Ratio | 1.35% |
| Min. Investment | $100,000 |
| Turnover | 111.00% |
| Dividend (ttm) | 0.03 |
| Dividend Yield | 0.12% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 28.51 |
| YTD Return | 5.83% |
| 1-Year Return | 0.25% |
| 5-Year Return | -8.91% |
| 52-Week Low | 18.62 |
| 52-Week High | 29.20 |
| Beta (5Y) | 1.33 |
| Holdings | 66 |
| Inception Date | Dec 28, 2018 |
About FTMSX
FullerThaler Behavioral Micro-Cap Equity Fund Institutional Shares is an open-end mutual fund that focuses on long-term capital appreciation by investing primarily in U.S. micro-cap equities. The fund is managed with a behavioral finance approach, seeking to exploit market inefficiencies driven by investor behavior rather than relying solely on traditional fundamental analysis. It invests at least 80% of its assets in stocks of micro-cap companies, often in sectors such as financial services, technology, healthcare, energy, and consumer defensive, aiming to mirror the risk and return characteristics of the Russell Microcap Index. The fund is classified in the small value category, reflecting an emphasis on undervalued micro-cap stocks with potential for growth. Notable features include a relatively high portfolio turnover and a concentrated portfolio, with the top 10 holdings representing over a quarter of total assets. Its institutional share class is designed for larger investors, requiring a higher minimum investment. The fund plays a specialized role in the financial market by providing access to a segment of the equity market that is less efficiently priced and often underrepresented in broader portfolios, appealing to investors seeking diversification through micro-cap exposure.
Performance
FTMSX had a total return of 0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.96%.
Top 10 Holdings
27.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Emergent BioSolutions Inc. | EBS | 4.62% |
| Fluence Energy, Inc. | FLNC | 3.14% |
| Green Dot Corporation | GDOT | 3.03% |
| Fortrea Holdings Inc. | FTRE | 3.00% |
| Ameresco, Inc. | AMRC | 2.52% |
| Clear Channel Outdoor Holdings, Inc. | CCO | 2.33% |
| Digital Turbine, Inc. | APPS | 2.14% |
| Porch Group, Inc. | PRCH | 2.11% |
| nLIGHT, Inc. | LASR | 2.11% |
| NPK International Inc. | NPKI | 2.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.0331 | Dec 26, 2024 |
| Dec 7, 2021 | $2.7455 | Dec 8, 2021 |
| Dec 22, 2020 | $0.09703 | Dec 23, 2020 |
| Dec 13, 2019 | $1.11703 | Dec 13, 2019 |