FAM Small Cap Fund
Fund
FAMDX
Price as of:
$21.66
+ $0.33
+ 1.55%
Primary Theme
fund company
Name
As of 06/01/2026Price
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
-10.7%
1 yr return
-19.9%
3 Yr Avg Return
0.3%
5 Yr Avg Return
0.2%
Net Assets
$311 M
Holdings in Top 10
46.8%
52 WEEK LOW AND HIGH
$21.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 23.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
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
FAMDX - Profile
Distributions
- YTD Total Return -10.7%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 3.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFAM Small Cap Fund
-
Fund Family NameFAM
-
Inception DateMar 01, 2012
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Boord
Fund Description
p id="xdx_A8F_eoef--StrategyNarrativeTextBlock_zdzEHIJHS8Va" style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"Fenimore Asset Management, Inc. (“Fenimore”), the investment advisor to the Fund, employs a “value approach” in making its common stock selections. This approach is based on Fenimore’s belief that at any given point in time the stock price of a company may sell below the company’s “true business worth”. Factors considered in evaluating the true business worth include the company’s current earnings, and Fenimore’s opinion as to its future potential. After identifying a company whose securities are determined to have a favorable price-to-earnings relationship, Fenimore plans to invest in such securities until the “true business worth” nears the market price of the company’s securities./span/p p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt" /span/p p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"Under normal market conditions the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small-cap companies. The Fund considers small-cap companies to be those issuers that, at the time of initial purchase, have a market capitalization that is within or below the range of companies in the Russell 2000span style="font-family: Times New Roman, Times, Serif"sup®/sup /spanIndex as of the latest reconstitution. As of April 30, 2025, the market capitalization range for the Russell 2000span style="font-family: Times New Roman, Times, Serif"sup®/sup /span Index was approximately $119.4 million to $7.4 billion./p p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt" /span/p p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"The Fund may invest in securities of both domestic and foreign issuers and it may invest in shares of other investment companies, including exchange-traded funds (“ETFs”). The Fund’s policy of investing at least 80% of its net assets in small-cap companies may only be changed upon 60 days prior notice to shareholders./span/p
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FAMDX - Performance
Return Ranking - Trailing
| Period | FAMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -10.7% | -21.0% | 75.2% | 99.40% |
| 1 Yr | -19.9% | -22.1% | 123.6% | 99.00% |
| 3 Yr | 0.3%* | -5.4% | 37.8% | 98.60% |
| 5 Yr | 0.2%* | -8.3% | 38.7% | 83.33% |
| 10 Yr | 6.4%* | 4.4% | 26.8% | 97.42% |
* Annualized
Return Ranking - Calendar
| Period | FAMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -14.3% | -58.0% | 42.0% | 90.20% |
| 2024 | 7.9% | -63.4% | 62.9% | 64.40% |
| 2023 | 13.1% | -20.5% | 54.6% | 64.66% |
| 2022 | -12.6% | -82.1% | 32.2% | 1.83% |
| 2021 | 20.0% | -90.6% | 300.1% | 3.47% |
Total Return Ranking - Trailing
| Period | FAMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -10.7% | -21.0% | 75.2% | 99.40% |
| 1 Yr | -19.9% | -22.1% | 123.6% | 99.00% |
| 3 Yr | 0.3%* | -5.4% | 37.8% | 98.60% |
| 5 Yr | 0.2%* | -8.3% | 38.7% | 83.33% |
| 10 Yr | 6.4%* | 4.4% | 26.8% | 97.42% |
* Annualized
Total Return Ranking - Calendar
| Period | FAMDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -11.5% | -23.5% | 42.0% | 99.00% |
| 2024 | 12.6% | -3.8% | 68.8% | 61.20% |
| 2023 | 20.2% | -19.0% | 54.6% | 19.08% |
| 2022 | -12.3% | -59.9% | 32.2% | 3.25% |
| 2021 | 27.8% | -22.7% | 411.9% | 5.31% |
NAV & Total Return History
FAMDX - Holdings
Concentration Analysis
| FAMDX | Category Low | Category High | FAMDX % Rank | |
|---|---|---|---|---|
| Net Assets | 311 M | 4.59 M | 42.8 B | 71.20% |
| Number of Holdings | 28 | 7 | 1223 | 96.80% |
| Net Assets in Top 10 | 167 M | 393 K | 3.7 B | 48.00% |
| Weighting of Top 10 | 46.81% | 9.3% | 100.0% | 7.21% |
Top 10 Holdings
- ExlService Holdings, Inc. 7.04%
- Colliers International Group, Inc. 6.03%
- CBIZ, Inc. 5.15%
- Dutch Bros, Inc. 4.31%
- Trisura Group Ltd. 4.29%
- Landstar System, Inc. 4.29%
- Brookfield Infrastructure Corporation 4.09%
- SiteOne Landscape Supply, Inc. 4.06%
- Exponent, Inc. 3.87%
- OneSpaWorld Holdings Ltd. 3.68%
Asset Allocation
| Weighting | Return Low | Return High | FAMDX % Rank | |
|---|---|---|---|---|
| Stocks | 98.51% | 90.58% | 106.14% | 46.00% |
| Cash | 1.56% | 0.00% | 33.61% | 58.80% |
| Preferred Stocks | 0.00% | 0.00% | 5.64% | 25.00% |
| Other | 0.00% | -0.55% | 6.22% | 38.20% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 16.20% |
| Bonds | 0.00% | 0.00% | 4.40% | 18.20% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FAMDX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 21.75% | 0.00% | 24.04% | 2.60% |
| Financial Services | 19.06% | 0.00% | 42.95% | 4.20% |
| Technology | 15.54% | 2.91% | 75.51% | 90.60% |
| Industrials | 15.43% | 0.00% | 36.64% | 69.40% |
| Consumer Defense | 10.36% | 0.00% | 13.56% | 0.60% |
| Healthcare | 5.63% | 0.00% | 47.90% | 97.20% |
| Real Estate | 5.36% | 0.00% | 15.31% | 19.40% |
| Utilities | 4.07% | 0.00% | 4.68% | 1.20% |
| Communication Services | 2.79% | 0.00% | 15.31% | 42.20% |
| Energy | 0.00% | 0.00% | 55.49% | 77.80% |
| Basic Materials | 0.00% | 0.00% | 9.24% | 88.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FAMDX % Rank | |
|---|---|---|---|---|
| US | 98.51% | 11.05% | 106.14% | 38.40% |
| Non US | 0.00% | 0.00% | 84.43% | 32.40% |
FAMDX - Expenses
Operational Fees
| FAMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.15% | 0.05% | 7.92% | 50.80% |
| Management Fee | 0.90% | 0.04% | 1.62% | 76.15% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.40% | 68.33% |
Sales Fees
| FAMDX 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
| FAMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| FAMDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 23.00% | 3.00% | 264.00% | 15.26% |
FAMDX - Distributions
Dividend Yield Analysis
| FAMDX | Category Low | Category High | FAMDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.62% | 0.00% | 6.91% | 28.00% |
Dividend Distribution Analysis
| FAMDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| FAMDX | Category Low | Category High | FAMDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.43% | -2.47% | 1.10% | 24.49% |
Capital Gain Distribution Analysis
| FAMDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.773 | OrdinaryDividend |
| Dec 27, 2024 | $1.175 | CapitalGainLongTerm |
| Dec 28, 2023 | $1.584 | CapitalGainLongTerm |
| Dec 29, 2022 | $0.078 | CapitalGainLongTerm |
| Dec 28, 2021 | $1.635 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.089 | CapitalGainLongTerm |
| Dec 27, 2018 | $1.500 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.002 | OrdinaryDividend |
| Dec 28, 2017 | $0.392 | CapitalGainLongTerm |
FAMDX - Fund Manager Analysis
Managers
Andrew Boord
Start Date
Tenure
Tenure Rank
Jan 01, 2016
6.42
6.4%
Investment Research Analyst Andrew received a BS from the University of Tennessee and MS from American University, both in Accounting. He also earned his CPA in 1994 (currently inactive). Prior to joining Fenimore in 2005, Andrew spent 10 years in the investment management industry including a position as Vice President and Portfolio Manager with A.G. Edwards Asset Management. Andrew is a firm Principal and Co-Manager of the FAM Small Cap Fund.
Kevin Gioia
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.67
2.7%
Mr. Gioia is employed by Fenimore as an Investment Research Analyst and he joined Fenimore in 2010. He has been actively involved in investment research activities since 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.26 | 5.25 |