RMB Mendon Financial Services Fund Class C (RMBNX)
| Fund Assets | 239.06M |
| Expense Ratio | 2.14% |
| Min. Investment | $2,500 |
| Turnover | 66.00% |
| Dividend (ttm) | 3.00 |
| Dividend Yield | 6.21% |
| Dividend Growth | 349.28% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 48.04 |
| YTD Return | 6.90% |
| 1-Year Return | 16.24% |
| 5-Year Return | 58.45% |
| 52-Week Low | 33.24 |
| 52-Week High | 48.95 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Apr 29, 2005 |
About RMBNX
The RMB Mendon Financial Services Fund Class C is a mutual fund focused on achieving capital appreciation through investment in the U.S. financial services sector. This fund allocates at least 80% of its net assets to stocks of companies operating within various branches of financial services, including banks, insurance firms, and other related institutions. While the fund has flexibility to invest in companies of any size, its approach typically emphasizes small- and mid-capitalization firms, seeking out organizations with strong management teams, sustainable growth prospects, and defensible market positions. The portfolio is actively managed using both bottom-up fundamental and top-down market analysis to identify undervalued opportunities, particularly those with turnaround or merger and acquisition potential. The fund maintains a diversified portfolio, often holding around 50–60 positions, and aims to remain nearly fully invested under normal market conditions. RMB Mendon Financial Services Fund Class C plays a specialized role in the market by providing concentrated exposure to the financial services industry, catering to investors interested in this dynamic sector’s growth and operational trends.
Performance
RMBNX had a total return of 16.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.30%.
Top 10 Holdings
48.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Abacus Global Management, Inc. | ABX | 6.85% |
| Equity Bancshares, Inc. | EQBK | 6.79% |
| Primis Financial Corp. | FRST | 6.00% |
| VersaBank | VBNK | 5.05% |
| First Horizon Corporation | FHN | 4.63% |
| Mechanics Bancorp | MCHB | 4.34% |
| Renasant Corporation | RNST | 3.79% |
| Commercial Bancgroup, Inc. | CBK | 3.77% |
| USCB Financial Holdings, Inc. | USCB | 3.56% |
| Origin Bancorp, Inc. | OBK | 3.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $3.0007 | Dec 16, 2025 |
| Dec 16, 2024 | $0.66789 | Dec 16, 2024 |
| Dec 14, 2023 | $0.29995 | Dec 14, 2023 |
| Dec 13, 2022 | $6.93765 | Dec 13, 2022 |
| Dec 13, 2021 | $0.59868 | Dec 13, 2021 |
| Dec 12, 2019 | $0.35551 | Dec 12, 2019 |