JMCGX: Jacob Micro Cap Growth Investor

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JMCGX Jacob Micro Cap Growth Investor


Profile

JMCGX - Profile

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 23.0%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $14 M
  • Holdings in Top 10 42.8%

52 WEEK LOW AND HIGH

$19.74
$12.32
$21.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 73.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 23.0%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Jacob Micro Cap Growth Fund
  • Fund Family Name
    Jacob
  • Inception Date
    May 01, 2001
  • Shares Outstanding
    205744
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Darren Chervitz

Fund Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in micro capitalization companies. Micro capitalization companies are defined as those companies with market capitalizations (share price multiplied by number of shares outstanding) of (1) less than or equal to $600 million; or (2) within the capitalization range of the Russell Micro Cap® Growth Index at the time of purchase.


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Categories

Performance

JMCGX - Performance

Return Ranking - Trailing

Period JMCGX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -23.0% 27.8% 35.74%
1 Yr 14.8% -44.3% 31.1% 8.97%
3 Yr 23.0%* -54.4% 23.3% 0.36%
5 Yr 1.7%* -40.4% 16.5% 34.17%
10 Yr N/A* -17.7% 13.7% 28.84%

* Annualized

Return Ranking - Calendar

Period JMCGX Return Category Return Low Category Return High Rank in Category (%)
2019 42.5% -49.8% 42.9% 0.49%
2018 10.3% -54.2% 13.6% 1.19%
2017 28.7% -73.6% 36.1% 5.81%
2016 -10.7% -49.0% 133.1% 97.00%
2015 -30.4% -70.7% 8.6% 95.95%

Total Return Ranking - Trailing

Period JMCGX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -23.0% 27.8% 35.74%
1 Yr 14.8% -44.3% 31.1% 8.97%
3 Yr 23.0%* -25.2% 26.9% 1.08%
5 Yr 7.3%* -20.2% 20.2% 19.17%
10 Yr N/A* -9.2% 24.1% 46.90%

* Annualized

Total Return Ranking - Calendar

Period JMCGX Return Category Return Low Category Return High Rank in Category (%)
2019 42.5% -49.8% 42.9% 0.49%
2018 10.3% -54.2% 14.5% 1.19%
2017 28.7% -8.4% 42.0% 9.93%
2016 -10.7% -16.4% 133.1% 99.40%
2015 -9.0% -59.6% 19.3% 70.36%

NAV & Total Return History


Holdings

JMCGX - Holdings

Concentration Analysis

JMCGX Category Low Category High JMCGX % Rank
Net Assets 14 M 3.6 M 22.5 B 91.81%
Number of Holdings 47 1 2011 93.86%
Net Assets in Top 10 4.82 M 724 K 2.09 B 89.92%
Weighting of Top 10 42.78% 6.7% 100.0% 4.41%

Top 10 Holdings

  1. icad Inc 6.06%
  2. Codexis Inc 5.74%
  3. OptimizeRx Corp 5.69%
  4. Digital Turbine Inc 4.25%
  5. USA Technologies Inc 3.96%
  6. PowerFleet Inc 3.92%
  7. Athersys Inc 3.72%
  8. Alphatec Holdings Inc 3.69%
  9. Immersion Corp 3.00%
  10. CytoSorbents Corp 2.74%

Asset Allocation

Weighting Return Low Return High JMCGX % Rank
Stocks
90.96% 85.11% 103.86% 95.28%
Cash
9.04% -4.54% 15.75% 3.46%
Preferred Stocks
0.00% 0.00% 4.20% 73.86%
Other
0.00% -12.73% 9.10% 74.80%
Convertible Bonds
0.00% 0.00% 0.00% 71.34%
Bonds
0.00% 0.00% 0.07% 71.50%

Stock Sector Breakdown

Weighting Return Low Return High JMCGX % Rank
Healthcare
54.38% 0.07% 54.38% 0.16%
Technology
28.89% 2.71% 75.34% 26.77%
Consumer Cyclical
2.81% 0.00% 29.90% 97.32%
Industrials
2.72% 1.13% 34.78% 99.06%
Financial Services
2.65% 0.00% 22.83% 92.13%
Real Estate
2.63% 0.00% 9.94% 48.66%
Communication Services
2.56% 0.00% 12.66% 37.95%
Basic Materials
2.01% 0.00% 9.88% 44.09%
Consumer Defense
1.36% 0.00% 16.20% 91.18%
Utilities
0.00% 0.00% 7.71% 81.73%
Energy
0.00% 0.00% 5.45% 89.92%

Stock Geographic Breakdown

Weighting Return Low Return High JMCGX % Rank
US
85.57% 81.44% 101.74% 93.86%
Non US
5.39% 0.00% 12.64% 22.05%

Expenses

JMCGX - Expenses

Operational Fees

JMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.15% 0.06% 36.03% 1.96%
Management Fee 1.10% 0.05% 1.50% 94.95%
12b-1 Fee 0.25% 0.00% 1.00% 52.89%
Administrative Fee 0.08% 0.01% 0.40% 38.89%

Sales Fees

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

Trading Fees

JMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 42.86%

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.

JMCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 9.00% 474.00% 62.72%

Distributions

JMCGX - Distributions

Dividend Yield Analysis

JMCGX Category Low Category High JMCGX % Rank
Dividend Yield 0.00% 0.00% 30.30% 73.07%

Dividend Distribution Analysis

JMCGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

JMCGX Category Low Category High JMCGX % Rank
Net Income Ratio -1.92% -2.35% 1.11% 99.19%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JMCGX - Fund Manager Analysis

Managers

Darren Chervitz


Start Date

Tenure

Tenure Rank

Oct 01, 2012

7.58

7.6%

Darren Chervitz is the Lead Portfolio Manager and Co-Portfolio Manager of Jacob Asset Management of New York LLC. He has served as the Director of Research for Jacob Asset Management of New York LLC since 1999. Prior to his employment with the Adviser, Mr. Chervitz was a financial editor and reporter for CBS MarketWatch from August 1996 to July 1999. Mr. Chervitz was also a technology stock analyst for ZDTV from August 1996 to July 1999.

Ryan Jacob


Start Date

Tenure

Tenure Rank

Oct 17, 2012

7.54

7.5%

Ryan I. Jacob is the Lead Portfolio Manager of Jacob Funds. Mr. Jacob is the founder and Chief Executive Officer of the Adviser, as well as President of Jacob Funds Inc.. Mr. Jacob served as Chief Portfolio Manager. Mr. Jacob also served as a financial analyst for Lepercq, de Neuflize & Co. Inc. from September 1998 to June 1999 and as an analyst for Horizon Asset Management from October 1994 through August 1998. Mr. Jacob also served as the Director of Research for IPO Value Monitor, an investment related research service from 1996 to August 1998. Previously, Mr. Jacob was an assistant portfolio manager in the private clients group at Bankers Trust from October 1992 through October 1994. Mr. Jacob, a graduate of Drexel University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.76 7.98 3.17