North Star Micro Cap Fund Class I (NSMVX)
| Fund Assets | 116.01M |
| Expense Ratio | 1.34% |
| Min. Investment | $5,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.00% |
| Dividend Growth | 19.14% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 42.09 |
| YTD Return | 6.92% |
| 1-Year Return | 8.02% |
| 5-Year Return | 8.88% |
| 52-Week Low | 32.73 |
| 52-Week High | 42.97 |
| Beta (5Y) | 0.94 |
| Holdings | 65 |
| Inception Date | May 31, 2013 |
About NSMVX
The North Star Micro Cap Fund Class I is a mutual fund focused on capital appreciation by investing primarily in U.S. micro-cap companies—those with market capitalizations under $1 billion. This fund targets the small-cap value segment, and its portfolio typically features a concentrated selection of high-conviction holdings, with one of the lowest median market caps among U.S. mutual funds. The fund’s investment approach emphasizes the discovery of lesser-known businesses, often overlooked due to their size, liquidity, or lack of research coverage. Portfolio managers seek companies demonstrating strong or improving balance sheets and the potential for substantial free cash flow generation. At least 80% of its assets are consistently allocated to micro-cap equities, cutting across sectors such as consumer cyclicals, basic materials, industrials, and consumer defensives. Launched in 1997, the fund has established a long-standing presence in the micro-cap segment, serving institutional investors with an initial minimum investment threshold. Its role in the financial market is to offer exposure to the unique growth and value opportunities found among smaller U.S. companies, contributing diversification and potential for above-average returns over market cycles.
Performance
NSMVX had a total return of 8.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.24%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NSMYX | Class R Shares | 1.59% |
Top 10 Holdings
36.99% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 7.61% |
| United States Lime & Minerals, Inc. | USLM | 4.06% |
| Green Brick Partners, Inc. | GRBK | 3.74% |
| Build-A-Bear Workshop, Inc. | BBW | 3.43% |
| Q.E.P. Co Inc | QEPC | 3.25% |
| Barrett Business Services, Inc. | BBSI | 3.14% |
| Interface, Inc. | TILE | 2.98% |
| Acme United Corporation | ACU | 2.95% |
| Liquidity Services, Inc. | LQDT | 2.93% |
| Healthcare Services Group, Inc. | HCSG | 2.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2025 | $1.4814 | Dec 9, 2025 |
| Sep 29, 2025 | $0.002 | Sep 30, 2025 |
| Dec 9, 2024 | $1.2451 | Dec 10, 2024 |
| Dec 7, 2023 | $0.2696 | Dec 8, 2023 |
| Dec 8, 2022 | $0.0809 | Dec 9, 2022 |
| Dec 9, 2021 | $1.3544 | Dec 10, 2021 |