RBC Small Cap Core Fund
Fund
TEEAX
Price as of:
$13.03
- $0.11
- 0.84%
Primary Theme
fund company
N/A
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.2%
1 yr return
19.6%
3 Yr Avg Return
3.1%
5 Yr Avg Return
7.8%
Net Assets
$44.7 M
Holdings in Top 10
30.9%
52 WEEK LOW AND HIGH
$13.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 81.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/15/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
TEEAX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.24%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRBC Small Cap Core Fund
-
Fund Family NameRBC Global Asset Management.
-
Inception DateAug 05, 1991
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLance James
Fund Description
The Fund normally invests at least 80% of its assets in common stocks of small companies. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. The Fund currently considers “small companies” to be those within the market capitalization range of the Russell 2000® Index at the time of initial purchase by the Fund. As of December 31, 2023, the market capitalization range of the Russell 2000® Index was approximately $16.95 million to $15.79 billion.
The Fund seeks to provide long-term growth of capital while taking a low risk approach to small company investing. The Fund selects stocks of companies that are selling at prices the Advisor believes are attractive in relation to the companies’ fundamental financial characteristics and business prospects. The Advisor uses a bottom-up approach to select stocks for the Fund’s portfolio with a focus on companies’ competitive positions, strong balance sheets, and profit margin improvement potential. The Advisor believes that portfolios of smaller companies with low valuations, long-term attractive business fundamentals, and near-term profitability improvement potential should produce strong absolute and risk-adjusted returns over time.
As part of the investment process, the Advisor takes material environmental, social and governance (“ESG”) factors into account through an integrated approach within the investment team’s fundamental investment analysis
framework. Material ESG factors are considered with respect to many companies in which the Fund may invest in order to identify issuers the Advisor believes will be materially impacted by such factors. Material ESG factors are some of the many factors considered in making investment decisions. The Advisor’s determination of the ESG criteria to apply, and the assessment of the ESG characteristics of an issuer or industry, may differ from the criteria or assessment applied by other investors. As a result, the Fund may invest in issuers that do not reflect what may be considered to be positive ESG characteristics or ESG values of any particular investor. Moreover, the methodology used to integrate material ESG factors may not eliminate the possibility of the Fund having exposure to issuers that exhibit negative ESG characteristics and may change over time.
TEEAX - Performance
Return Ranking - Trailing
Period | TEEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -10.7% | 16.7% | 3.79% |
1 Yr | 19.6% | -17.3% | 46.1% | 4.87% |
3 Yr | 3.1%* | -10.2% | 38.1% | 12.71% |
5 Yr | 7.8%* | -14.4% | 30.2% | 36.42% |
10 Yr | 5.8%* | -3.1% | 16.6% | 80.85% |
* Annualized
Return Ranking - Calendar
Period | TEEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -49.6% | 29.0% | 62.59% |
2022 | -39.8% | -59.3% | 118.2% | 98.01% |
2021 | -31.6% | -31.6% | 39.3% | 100.00% |
2020 | -11.3% | -51.0% | 39.5% | 97.93% |
2019 | 20.6% | -16.9% | 37.8% | 53.05% |
Total Return Ranking - Trailing
Period | TEEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -10.7% | 16.7% | 3.79% |
1 Yr | 19.6% | -17.3% | 46.1% | 4.87% |
3 Yr | 3.1%* | -10.2% | 38.1% | 12.71% |
5 Yr | 7.8%* | -14.4% | 30.2% | 36.42% |
10 Yr | 5.8%* | -3.1% | 16.6% | 80.85% |
* Annualized
Total Return Ranking - Calendar
Period | TEEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.1% | -21.7% | 31.8% | 8.99% |
2022 | -18.1% | -45.2% | 123.7% | 63.00% |
2021 | 23.8% | 0.0% | 47.7% | 44.95% |
2020 | 6.8% | -50.5% | 46.9% | 80.04% |
2019 | 26.7% | -12.6% | 43.7% | 26.33% |
NAV & Total Return History
TEEAX - Holdings
Concentration Analysis
TEEAX | Category Low | Category High | TEEAX % Rank | |
---|---|---|---|---|
Net Assets | 44.7 M | 529 K | 145 B | 91.04% |
Number of Holdings | 65 | 2 | 2519 | 87.35% |
Net Assets in Top 10 | 13.5 M | 104 K | 9.83 B | 84.89% |
Weighting of Top 10 | 30.91% | -2849.0% | 100.5% | 13.58% |
Top 10 Holdings
- Atkore Inc 3.92%
- Compass Diversified Holdings 3.62%
- Group 1 Automotive Inc 3.33%
- Ducommun Inc 3.27%
- Barrett Business Services Inc 2.99%
- Taylor Morrison Home Corp 2.95%
- Matador Resources Co 2.87%
- Super Micro Computer Inc 2.78%
- CBIZ Inc 2.70%
- Par Pacific Holdings Inc 2.48%
Asset Allocation
Weighting | Return Low | Return High | TEEAX % Rank | |
---|---|---|---|---|
Stocks | 98.92% | -565235.00% | 108.16% | 40.07% |
Cash | 1.16% | 0.00% | 565934.00% | 61.69% |
Preferred Stocks | 0.00% | 0.00% | 7.53% | 97.72% |
Other | 0.00% | -598.74% | 39.24% | 94.02% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 97.54% |
Bonds | 0.00% | -2.00% | 74.53% | 97.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TEEAX % Rank | |
---|---|---|---|---|
Industrials | 28.46% | 2.46% | 37.42% | 2.66% |
Consumer Cyclical | 15.68% | 0.99% | 47.79% | 7.64% |
Technology | 11.35% | 0.00% | 54.70% | 83.48% |
Financial Services | 11.35% | 0.00% | 35.52% | 91.83% |
Healthcare | 10.69% | 0.00% | 26.53% | 72.65% |
Energy | 7.01% | 0.00% | 37.72% | 29.48% |
Communication Services | 4.72% | 0.00% | 14.85% | 8.70% |
Consumer Defense | 3.76% | 0.00% | 18.87% | 64.30% |
Basic Materials | 3.14% | 0.00% | 18.66% | 86.68% |
Real Estate | 2.88% | 0.00% | 29.43% | 90.23% |
Utilities | 0.96% | 0.00% | 18.58% | 83.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TEEAX % Rank | |
---|---|---|---|---|
US | 98.92% | -565235.00% | 108.16% | 30.40% |
Non US | 0.00% | 0.00% | 94.14% | 97.72% |
TEEAX - Expenses
Operational Fees
TEEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.01% | 38.45% | 15.37% |
Management Fee | 0.85% | 0.00% | 1.50% | 79.54% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 68.06% |
Administrative Fee | N/A | 0.01% | 0.45% | 36.36% |
Sales Fees
TEEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 43.48% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TEEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 63.16% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TEEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 81.00% | 1.00% | 314.00% | 80.86% |
TEEAX - Distributions
Dividend Yield Analysis
TEEAX | Category Low | Category High | TEEAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.22% | 0.00% | 43.45% | 5.45% |
Dividend Distribution Analysis
TEEAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
TEEAX | Category Low | Category High | TEEAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.24% | -2.40% | 2.49% | 43.16% |
Capital Gain Distribution Analysis
TEEAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $1.063 | OrdinaryDividend |
Dec 21, 2022 | $4.058 | OrdinaryDividend |
Dec 21, 2021 | $14.548 | OrdinaryDividend |
Dec 19, 2019 | $1.544 | OrdinaryDividend |
Dec 20, 2012 | $0.079 | OrdinaryDividend |
TEEAX - Fund Manager Analysis
Managers
Lance James
Start Date
Tenure
Tenure Rank
Aug 05, 1991
30.84
30.8%
Lance F. James is Managing Director and Senior Portfolio Manager. He has been in the investment industry since 1980.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 49.61 | 7.05 | 2.58 |