RMB Mendon Financial Services Fund Class A (RMBKX)
| Fund Assets | 238.45M |
| Expense Ratio | 1.39% |
| Min. Investment | $2,500 |
| Turnover | 50.00% |
| Dividend (ttm) | 3.31 |
| Dividend Yield | 6.24% |
| Dividend Growth | 247.92% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 54.18 |
| YTD Return | 2.47% |
| 1-Year Return | 23.76% |
| 5-Year Return | 36.26% |
| 52-Week Low | 41.22 |
| 52-Week High | 57.58 |
| Beta (5Y) | 0.92 |
| Holdings | 56 |
| Inception Date | Jun 7, 1999 |
About RMBKX
The RMB Mendon Financial Services Fund Class A is a mutual fund focused on capital appreciation through investments in the U.S. financial services sector. Adhering to an investment policy that requires at least 80% of assets be allocated to stocks of U.S. financial services companies, the fund primarily targets small- and mid-capitalization firms but may also invest across the capitalization spectrum. This sector-centric approach involves identifying companies with solid management teams, sustainable growth in earnings and revenue, and strong business models, as well as seeking undervalued stocks with turnaround or merger and acquisition potential. The Class A shares of the fund feature a maximum front-end sales charge and an annual expense ratio that positions it within the higher fee range among peers. The portfolio is actively managed, showing a relatively high turnover rate, and maintains a concentrated exposure with a significant percentage of assets held in its top ten positions. By concentrating in the financial industry, the fund offers investors targeted exposure to banks, insurance firms, and related financial institutions, aiming to capture sector-specific opportunities while accepting the increased volatility that can accompany focused strategies. Since its inception in 1999, the fund has provided a specialized option for those seeking participation in the dynamic U.S. financial services market.
Performance
RMBKX had a total return of 23.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.71%.
Top 10 Holdings
47.29% of assets| Name | Symbol | Weight |
|---|---|---|
| Equity Bancshares, Inc. | EQBK | 6.74% |
| Abacus Global Management, Inc. | ABX | 5.73% |
| Primis Financial Corp. | FRST | 5.64% |
| VersaBank | VBNK | 4.78% |
| Renasant Corporation | RNST | 4.72% |
| First Horizon Corporation | FHN | 4.35% |
| Mechanics Bancorp | MCHB | 4.32% |
| USCB Financial Holdings, Inc. | USCB | 4.15% |
| Origin Bancorp, Inc. | OBK | 3.58% |
| MidWestOne Financial Group, Inc. | MOFG | 3.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $3.30539 | Dec 16, 2025 |
| Dec 16, 2024 | $0.95003 | Dec 16, 2024 |
| Dec 14, 2023 | $0.56018 | Dec 14, 2023 |
| Dec 13, 2022 | $7.27794 | Dec 13, 2022 |
| Dec 13, 2021 | $0.81613 | Dec 13, 2021 |
| Dec 12, 2019 | $0.35551 | Dec 12, 2019 |