Continue to site >
Trending ETFs

Name

As of 05/21/2024

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

$9.63

$523 M

1.42%

$0.14

0.29%

Vitals

YTD Return

1.7%

1 yr return

17.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$523 M

Holdings in Top 10

7.0%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$3,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

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

$9.63

$523 M

1.42%

$0.14

0.29%

CRSSX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    CATHOLIC RESPONSIBLE INVESTMENTS SMALL-CAP FUND
  • Fund Family Name
    Catholic Responsible Investments Funds
  • Inception Date
    Jan 28, 2022
  • Shares Outstanding
    51722244
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Julie Lind

Fund Description

The Fund uses a passive optimization process managed by Rhumbline Advisers, the Fund’s Sub-Adviser (“Sub-Adviser”), which is designed to track the performance of the S&P 600® Index (the “Index”). The Fund is not managed according to traditional methods of “active” investment management, which involve the buying and selling of securities based upon economic, financial and market analysis and investment judgment. Instead, the Fund, using an “indexing” investment approach, attempts to replicate, before expenses, the performance of the Index. The Index is a well-known stock market index that measures the performance of small-capitalization companies in the United States. Under normal circumstances, the Fund intends to invest at least 95% of its net assets, plus any borrowings for investment purposes, in securities listed in the Index.

The market value of the Fund’s investments in derivatives or other synthetic instruments that provide exposure comparable, in the judgment of the Adviser or Sub-Adviser, to the foregoing types of investments may be counted toward the Fund’s goal of investing at least 95% of its net

assets in securities listed in the Index. The Fund attempts to replicate the investment performance of the Index and generally intends to invest in all stocks comprising the Index in approximate proportion to their weightings in the Index, except with respect to securities screened by the Adviser’s Catholic Responsible Investment criteria. The Fund is designed to balance the impact of Catholic Investment screens by overweighting select holdings so that the Fund’s broad quantitative characteristics match those of the Index as closely as possible.

However, it may not be possible or practicable to purchase all stocks of the Index in those weightings. When it is not possible or practicable to purchase all stocks of the Index in those weightings, the Fund may purchase a sample of the stocks listed in the Index in proportions expected by the Sub-Adviser to match generally the performance of the Index as a whole. In addition, from time to time stocks are added to or removed from the Index. The Fund may sell securities that are represented in the Index, or purchase securities that are not yet represented in the Index, in anticipation of their removal from or addition to the Index.

In addition to common stocks in the Index, the Fund may at times purchase or sell futures contracts on the Index, or options on those futures, in lieu of investing directly in the stocks making up the Index. The Fund might do so, for example, in order to increase its investment exposure pending investment of cash in the stocks comprising the Index. Alternatively, the Fund might use futures or options on futures to reduce its investment exposure in situations where it intends to sell a portion of the stocks in its portfolio but the sale has not yet been completed. The Fund may also enter into other derivatives transactions, including the use of options or swap transactions, to assist in attempting to replicate the performance of the Index. Some of these investments will cause the Fund to be, in part, indirectly exposed to companies that would otherwise be screened out by the Adviser’s Catholic Responsible Investments screening criteria. Accordingly, the Fund limits such investments to situations where they (a) do not constitute, in the aggregate, more than 5% of the Fund’s investments at any time, and (b) where the Adviser determines such investments are necessary to achieve the Fund’s investment objective and when the Adviser believes there are no reasonable alternative investments that exist that are consistent with its Catholic Responsible Investing screening criteria. The Fund may also, to the extent permitted by applicable law, invest in shares of other funds or pooled vehicles, including mutual funds and exchange-traded funds (including those advised by the Adviser), real estate investment trusts (“REITs”), and master limited partnerships (“MLPs”) whose investment objectives and policies are similar to those of the Fund.

The Fund is classified as diversified under the 1940 Act; however, the Fund may become non-diversified solely as a result of a changes in the composition of the Index (e.g., changes in weightings of one or more component securities). When the Fund is non-diversified, it may invest a relatively high percentage of its assets in a limited number of issuers.

The Fund will not concentrate (i.e., invest more than 25% of its assets) its investments in a particular industry except to the extent the Index is so concentrated.

Catholic Responsible Investing

The Fund will invest its assets in a manner consistent with the components, details and definitions of Catholic Responsible Investing (“CRI”) as adopted from time to time by the De La Salle Brothers of the Christian Schools. CRI is an investment strategy designed specifically to help investors seek sound financial returns while remaining faithful to the teachings of the Roman Catholic Church. The components and details of CRI are intended to reflect both the charism (or founding spirit) and the current teachings of the Roman Catholic Church and, as such, the components and details are as adopted from time to time by the De La Salle Brothers of the Christian Schools, currently through the action of its civil entity, the Adviser.

CRI blends core Roman Catholic Church teaching with a disciplined, diversified investment process aimed at delivering competitive, risk-adjusted returns over time. Currently, the three components of CRI are Catholic investment screening, active ownership and diversified investment management. For more information about the Fund’s policy to invest consistent with CRI and these three components, please see the section of the prospectus entitled “More Information about the Funds’ Investment Objectives, Principal Investment Strategies and Principal Risks, Fundamental Investment Policy of Catholic Responsible Investing.”

As part of the Fund’s Catholic Responsible Investing Process, the Adviser maintains a master list of global securities that are restricted from inclusion in the Fund’s portfolio. While the Catholic Responsible Investing screening criteria are designed to exclude certain companies from the potential investment universe available to the Fund because these companies operate business deemed inconsistent with Catholic values, the Adviser does not anticipate this reduction to have a material impact on the Fund’s ability to achieve its investment objective. To illustrate the impact of excluding securities from the S&P 600 Index, as of October 31, 2023, 28 small-cap companies were excluded by the Catholic Responsible Investing screening criteria, or approximately 4.43% of the market value of the S&P 600 Index, weighted by capitalization. The Adviser seeks to balance the impact of the Catholic Responsible Investing screening criteria by overweighting select portfolio holdings so that the Fund’s overall portfolio composition is adjusted to achieve its investment objective. While this may increase short term tracking error of the Fund, the Fund seeks to match the total return of the S&P Small Cap 600 Index, gross of fees and expenses, over three- and five-year periods while attempting to maintain an expected annualized tracking error of no greater than 0.30%, gross of fees and expenses.

Read More

CRSSX - Performance

Return Ranking - Trailing

Period CRSSX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -6.7% 28.3% 88.07%
1 Yr 17.9% -6.1% 63.5% 65.14%
3 Yr N/A* -9.3% 41.9% 20.36%
5 Yr N/A* -12.8% 32.4% 12.65%
10 Yr N/A* -2.3% 17.6% 23.77%

* Annualized

Return Ranking - Calendar

Period CRSSX Return Category Return Low Category Return High Rank in Category (%)
2023 14.5% -19.9% 29.0% 42.54%
2022 N/A -59.3% 118.2% N/A
2021 N/A -31.6% 39.3% N/A
2020 N/A -51.0% 39.5% N/A
2019 N/A -5.6% 37.8% N/A

Total Return Ranking - Trailing

Period CRSSX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -6.7% 28.3% 88.07%
1 Yr 17.9% -6.1% 63.5% 65.14%
3 Yr N/A* -9.3% 41.9% 18.60%
5 Yr N/A* -12.8% 32.4% 11.82%
10 Yr N/A* -2.3% 17.6% 22.38%

* Annualized

Total Return Ranking - Calendar

Period CRSSX Return Category Return Low Category Return High Rank in Category (%)
2023 16.1% -11.7% 31.8% 51.75%
2022 N/A -45.2% 123.7% N/A
2021 N/A 0.0% 47.7% N/A
2020 N/A -50.5% 46.9% N/A
2019 N/A 2.1% 43.7% N/A

NAV & Total Return History


CRSSX - Holdings

Concentration Analysis

CRSSX Category Low Category High CRSSX % Rank
Net Assets 523 M 529 K 145 B 46.15%
Number of Holdings 582 2 2519 20.51%
Net Assets in Top 10 34.8 M 120 K 9.83 B 67.03%
Weighting of Top 10 6.95% -2849.0% 100.1% 88.42%

Top 10 Holdings

  1. E-MINI RUSS 2000 MAR24 PHYSICAL INDEX FUTURE. 1.03%
  2. BROWN BROTHERS HARRIMAN SWEEP INTEREST 1.02%
  3. CYTOKINETICS INC COMMON STOCK 0.71%
  4. FABRINET COMMON STOCK 0.70%
  5. APPLIED INDUSTRIAL TECH INC COMMON STOCK 0.64%
  6. SPS COMMERCE INC COMMON STOCK 0.62%
  7. ENSIGN GROUP INC/THE COMMON STOCK 0.59%
  8. MERITAGE HOMES CORP COMMON STOCK 0.57%
  9. State Street Institutional Government Money Market Fund 0.54%
  10. MUELLER INDUSTRIES INC COMMON STOCK 0.52%

Asset Allocation

Weighting Return Low Return High CRSSX % Rank
Stocks
98.92% -565235.00% 108.16% 42.86%
Cash
1.60% 0.00% 565934.00% 50.37%
Other
1.03% -598.74% 39.24% 15.93%
Preferred Stocks
0.00% 0.00% 7.53% 53.66%
Convertible Bonds
0.00% 0.00% 3.17% N/A
Bonds
0.00% -1.96% 74.53% 55.13%

Stock Sector Breakdown

Weighting Return Low Return High CRSSX % Rank
Utilities
0.00% 0.00% 18.58% N/A
Technology
0.00% 0.00% 54.70% N/A
Real Estate
0.00% 0.00% 29.43% N/A
Industrials
0.00% 2.46% 37.42% N/A
Healthcare
0.00% 0.00% 26.53% N/A
Financial Services
0.00% 0.00% 35.52% N/A
Energy
0.00% 0.00% 37.72% N/A
Communication Services
0.00% 0.00% 14.85% N/A
Consumer Defense
0.00% 0.00% 18.87% N/A
Consumer Cyclical
0.00% 0.99% 47.79% N/A
Basic Materials
0.00% 0.00% 18.66% N/A

Stock Geographic Breakdown

Weighting Return Low Return High CRSSX % Rank
US
98.92% -565235.00% 108.16% 34.98%
Non US
0.00% 0.00% 91.59% 60.44%

CRSSX - Expenses

Operational Fees

CRSSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.29% 0.01% 38.45% 90.06%
Management Fee 0.20% 0.00% 1.50% 12.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

CRSSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CRSSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 34.04%

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.

CRSSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 314.00% N/A

CRSSX - Distributions

Dividend Yield Analysis

CRSSX Category Low Category High CRSSX % Rank
Dividend Yield 1.42% 0.00% 42.47% 36.63%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CRSSX Category Low Category High CRSSX % Rank
Net Income Ratio N/A -2.40% 2.49% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

CRSSX - Fund Manager Analysis

Managers

Julie Lind


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Julie joined the RhumbLine team in July 2000 as an Account Analyst. In 2001 she was promoted to Portfolio Manager. She is responsible for managing and trading all of our index products. Prior to joining RhumbLine, Julie was a Senior Account Administrator at Investors Bank & Trust where she worked in the institutional custody group.

Alex Ryer


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Alex Ryer, CFA, FRM, CAIA, is a Vice President at the Northern Trust Company, Chicago. He is a Senior Portfolio Manager and Researcher in the Quantitative Active Team responsible for research and implementation of several quantitative equity strategies. Previously, Alex was part of the Northern Trust Bank FSB in New York as a Portfolio Manager and Trader within the Quantitative Management International Group within Northern Trust Global Investments. Prior to joining Northern Trust in 2005, Alex held Senior Portfolio Management positions at Rhumbline Advisers and State Street Global Advisors. Alex holds a B.S in Electrical Engineering from Bucknell University and an M.B.A from the University of New Hampshire. He is a CFA charterholder and a member of the CFA Institute. He is a Certified Financial Risk Manager, a Chartered Alternative Investment Analyst and holds a Series 3 license.

Jeff Kusmierz


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Jeff has a B.S. in Finance and an M.B.A. from Bentley University. He joined RhumbLine in 2005 in a part-time capacity while attending school. After completion of his M.B.A. in 2007, he joined the investment group as a Portfolio Manager. He is responsible for managing and trading all of our index products.

Andrew Zagarri


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Andrew Zagarri, CFA® Portfolio Manager • Joined RhumbLine in 2021 as Portfolio Manager. • Total of 10 years of industry experience. • Member of the firm’s Investment/Risk Committee. • Responsible for managing and trading RhumbLine’s client portfolios. • Prior experience: Portfolio Manager (Quantitative Fixed Income) at BNY Mellon Wealth Management; Quantitative Equity Research Analyst and Fixed Income Trader and Analyst at Boston Private Wealth; Bond Trader for Bank of New York Mellon. • CFA® charterholder and B.B.A. in Finance from the University of Massachusetts Amherst.

John Geissinger


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

John Geissinger, CFA is the Chief Investment Officer at CBIS, a Catholic, socially responsible investment manager with over $10.3 billion in assets under management. CBIS is positioned at the intersection of faith and finance, serving Catholic investors across the globe. Mr. Geissinger is responsible for developing investment policies and programs that achieve the investment objectives of the organization and its investors. He is responsible the development of CBIS’ overall investment philosophy and direction, including ultimate responsibility for the manager-of-managers function. He is a member of the firm's Executive Committee. John brings 30 years of portfolio and risk management experience in prominent financial services firms. He was a partner with Hewitt EnnisKnupp (2012-2014), a provider of investment consulting to corporate and public pension plans, endowments, foundations and defined contribution plans. His prior experience includes chief investment officer roles with North Dakota Retirement and Investment Office (2010-2012), Natsource, LLC (2008-2010) and Bear Stearns Asset Management (1998-2008), as well as research and portfolio management experience with Chancellor/LGT Asset Management, Putnam Investments and Aetna Life and Casualty. John holds a bachelor’s degree from Wake Forest University, MBA from New York University and is a CFA charterholder.

Hoa Quach


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Hoa Quach, CFA, is a Managing Director of the Adviser. Ms. Quach, CFA, is a Managing Director with the Catholic Responsible InvestmentsSM team. As a senior member of the team, she works directly with internal and external stakeholders and is responsible for manager due diligence and research, portfolio construction and evaluating risk, marketing and product development, and product management. Hoa brings over 25 years of experience in prominent consulting and asset management firms. Ms. Quach’s prior experience includes principal, manager research consultant at Mercer, manager of quantitative research, investment office for the University of Chicago, senior portfolio analyst/portfolio manager at Duff & Phelps Investment Management and a consultant at Ibboston Associates. Ms. Quach holds a BBA in Finance and Business Economics (Cum Laude) from the University of Notre Dame, and a MBA in Finance and Economics from the University of Chicago, Booth School of Business. She is a CFA charterholder and a member of the CFA Institute and the CFA Society of Chicago.

Norman Meltz


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

NORMAN MELTZ Director of Structured Products Norm comes to RhumbLine, in August 2005, with a wealth of experience from a diverse background born of more than 20 years in quantitative investment management. Previous job responsibilities included managing computer systems, developing trading systems software and creating and customizing both active and passive quantitative investment products. During his six years at State Street and State Street Global Advisors (SSGA) he headed the group managing structured domestic equity products, in the billions of dollars, and played a key role in the creation of the first international equity index fund. Norm successfully developed a variety of valuation models and the method for combining the models. As Co-founder and Managing Director of Boston International Advisors (which, 10 years later was sold to an investment subsidiary of John Hancock Insurance) he served as a Member of the Management and Investment Committees. In the words of J. D. Nelson, RhumbLine’s founder and C.E.O.: “Norm Meltz and his love for customizing products to better suit client needs and his deep regard for client satisfaction, and our future plans, makes him a perfect fit for our company”! Norm holds a B.A. in Mathematics, from Tufts University and is a member of the CFA Institute and the Boston Security Analysts Society.

Constance Christian


Start Date

Tenure

Tenure Rank

Dec 03, 2021

0.49

0.5%

Constance Christian, CFA, is a Managing Director of the Adviser. As a senior member of the team, she works directly with internal and external stakeholders and is responsible for manager due diligence and research, portfolio construction and evaluating risk, marketing and product development, and product management. Prior to joining CBIS, Ms. Christian was employed at Wespath Benefits and Investments since 2016 where she held the title Manager, Fixed Income. Ms. Christian started her career in investment management at Brinson Partners as a portfolio manager managing assets for institutional clients (1991-1998). Following her employment at Brinson Partners, she was a portfolio manager at ABN AMRO Asset Management (2001-2006) also managing institutional assets. Ms. Christian then taught high school mathematics at William Howard Taft High School (2007-2016). Ms. Christian holds a BSBA-Finance from the Xavier University, an MBA - Finance from Xavier University and an MA in Mathematics Education from DePaul University. Ms. Christian is a CFA Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.06 2.58