North Star Micro Cap Fund Class I (NSMVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

45.27

+0.56 (1.25%)

At close: Oct 15, 2026

Fund Assets	184.93M
Expense Ratio	1.39%
Min. Investment	$5,000
Turnover	24.00%
Dividend (ttm)	0.21
Dividend Yield	0.45%
Dividend Growth	-32.58%
Payout Frequency	n/a
Ex-Dividend Date	Dec 8, 2025

Previous Close	44.71
YTD Return	12.03%
1-Year Return	11.33%
5-Year Return	14.61%
52-Week Low	38.61
52-Week High	48.55
Beta (5Y)	0.92
Holdings	105
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.

Fund Family North Star

Category Small Blend

Performance Rating Below Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol NSMVX

Share Class Class I Shares

Index Index is not available on Lipper Database

Performance

NSMVX had a total return of 11.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.28%.

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	1.64%

Top 10 Holdings

24.13% of assets

Name	Symbol	Weight
First American Treasury Obligs X	FXFXX	3.26%
Lindblad Expeditions Holdings, Inc.	LIND	2.69%
Acme United Corporation	ACU	2.63%
Green Brick Partners, Inc.	GRBK	2.49%
Q.E.P. Co Inc	QEPC	2.33%
Liquidity Services, Inc.	LQDT	2.33%
Escalade, Incorporated	ESCA	2.25%
Barrett Business Services, Inc.	BBSI	2.15%
Rocky Brands, Inc.	RCKY	2.01%
Postal Realty Trust, Inc.	PSTL	1.99%

View More Holdings

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

Full Dividend History