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Trending ETFs

Name

As of 03/27/2024

Price

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

$26.43

$109 M

0.95%

$0.25

1.64%

Vitals

YTD Return

-1.2%

1 yr return

18.2%

3 Yr Avg Return

4.9%

5 Yr Avg Return

8.9%

Net Assets

$109 M

Holdings in Top 10

10.5%

52 WEEK LOW AND HIGH

$25.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.64%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 11.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

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

$26.43

$109 M

0.95%

$0.25

1.64%

TMVAX - Profile

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    RBC Microcap Value Fund
  • Fund Family Name
    RBC Global Asset Management.
  • Inception Date
    Jul 03, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Lance James

Fund Description

The Fund invests, under normal circumstances, at least 80% of its assets in microcap value stocks. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. The Fund buys microcap value stocks using a quantitative model. Microcap value stocks combine the characteristics of “microcap stocks” and “value stocks.” The Fund defines “microcap stocks” as stocks of companies that have market capitalization at the time of the Fund’s initial purchase of between $20 million and the market capitalization that marks the point between the 8th and 9th deciles of New York Stock Exchange listed stocks (“upper limit”). At the close of business on December 1, 2023, this “upper limit” was approximately $532.8 million. The Fund defines “value stocks” primarily as those with low price-to-book characteristics.
Stocks may be purchased for the Fund’s portfolio if they meet the “microcap stock” and “value stock” criteria described above, are issued by companies which have reported net income for the twelve month period prior to purchase of the stock, and have a low price-to-book valuation. Low liquidity may eliminate a stock which otherwise meets market capitalization and value criteria or may result in the stock being assigned a lower portfolio weighting. There will be a portfolio review, which may result in a readjustment of holdings, at least once per year. Sales of portfolio holdings may be made gradually over time as required by the liquidity criteria of an individual security.
Read More

TMVAX - Performance

Return Ranking - Trailing

Period TMVAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -11.0% 11.8% 97.58%
1 Yr 18.2% -0.8% 43.6% 74.45%
3 Yr 4.9%* -12.8% 69.3% 43.98%
5 Yr 8.9%* -3.6% 49.5% 61.94%
10 Yr 7.1%* -3.4% 26.6% 50.79%

* Annualized

Return Ranking - Calendar

Period TMVAX Return Category Return Low Category Return High Rank in Category (%)
2023 7.2% -18.4% 33.6% 70.39%
2022 -22.8% -36.7% 212.9% 85.68%
2021 27.6% -62.0% 147.6% 24.42%
2020 -4.6% -24.8% 31.3% 83.96%
2019 12.2% -30.1% 34.0% 87.65%

Total Return Ranking - Trailing

Period TMVAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -11.0% 11.8% 97.58%
1 Yr 18.2% -0.8% 43.6% 74.45%
3 Yr 4.9%* -12.8% 69.3% 43.98%
5 Yr 8.9%* -3.6% 49.5% 61.94%
10 Yr 7.1%* -3.4% 26.6% 50.79%

* Annualized

Total Return Ranking - Calendar

Period TMVAX Return Category Return Low Category Return High Rank in Category (%)
2023 17.0% -15.5% 35.4% 37.94%
2022 -10.8% -36.7% 250.0% 44.97%
2021 36.3% -3.2% 157.9% 18.20%
2020 1.3% -13.5% 33.4% 65.57%
2019 19.2% -17.4% 34.3% 83.46%

NAV & Total Return History


TMVAX - Holdings

Concentration Analysis

TMVAX Category Low Category High TMVAX % Rank
Net Assets 109 M 2.53 M 46.3 B 78.26%
Number of Holdings 508 10 1583 8.48%
Net Assets in Top 10 12 M 217 K 2.97 B 85.00%
Weighting of Top 10 10.50% 0.3% 88.4% 89.76%

Top 10 Holdings

  1. Federal Agricultural Mortgage Corp 1.44%
  2. Ducommun Inc 1.27%
  3. National Western Life Group Inc 1.08%
  4. Beazer Homes USA Inc 1.05%
  5. Enova International Inc 1.01%
  6. North American Construction Group Ltd 0.99%
  7. RBC BlueBay US Government Money Market Fund 0.94%
  8. Miller Industries Inc/TN 0.92%
  9. Stride Inc 0.92%
  10. Ingles Markets Inc 0.89%

Asset Allocation

Weighting Return Low Return High TMVAX % Rank
Stocks
98.95% 0.99% 105.89% 33.26%
Cash
1.01% 0.00% 99.01% 66.09%
Other
0.04% -1.78% 40.01% 28.48%
Preferred Stocks
0.00% 0.00% 2.62% 40.65%
Convertible Bonds
0.00% 0.00% 2.63% 37.89%
Bonds
0.00% 0.00% 73.18% 39.35%

Stock Sector Breakdown

Weighting Return Low Return High TMVAX % Rank
Financial Services
35.71% 0.00% 35.71% 0.44%
Consumer Cyclical
17.83% 0.00% 51.62% 12.22%
Industrials
15.67% 0.65% 48.61% 66.89%
Technology
6.84% 0.00% 34.03% 80.44%
Real Estate
6.73% 0.00% 44.41% 57.33%
Consumer Defense
5.34% 0.00% 13.22% 27.33%
Basic Materials
4.32% 0.00% 67.30% 64.44%
Energy
2.39% 0.00% 29.42% 92.00%
Healthcare
1.92% 0.00% 25.76% 94.00%
Utilities
1.89% 0.00% 13.86% 61.56%
Communication Services
1.36% 0.00% 24.90% 75.78%

Stock Geographic Breakdown

Weighting Return Low Return High TMVAX % Rank
US
98.95% 0.96% 105.89% 27.17%
Non US
0.00% 0.00% 67.90% 55.22%

TMVAX - Expenses

Operational Fees

TMVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.05% 37.04% 21.52%
Management Fee 0.90% 0.00% 1.50% 79.74%
12b-1 Fee 0.25% 0.00% 1.00% 42.91%
Administrative Fee N/A 0.01% 0.35% 30.20%

Sales Fees

TMVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 19.35%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TMVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 14.89%

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.

TMVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 7.00% 252.00% 2.00%

TMVAX - Distributions

Dividend Yield Analysis

TMVAX Category Low Category High TMVAX % Rank
Dividend Yield 0.95% 0.00% 14.21% 6.09%

Dividend Distribution Analysis

TMVAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

TMVAX Category Low Category High TMVAX % Rank
Net Income Ratio 0.70% -1.43% 4.13% 30.00%

Capital Gain Distribution Analysis

TMVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

TMVAX - Fund Manager Analysis

Managers

Lance James


Start Date

Tenure

Tenure Rank

Jan 28, 2009

13.35

13.4%

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 37.45 8.17 3.58