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Trending ETFs

Name

As of 04/18/2024

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

Jacob Discovery Fund

JMIGX | Fund

$22.66

$18.7 M

0.00%

2.30%

Vitals

YTD Return

-5.8%

1 yr return

-7.1%

3 Yr Avg Return

-20.7%

5 Yr Avg Return

6.6%

Net Assets

$18.7 M

Holdings in Top 10

57.5%

52 WEEK LOW AND HIGH

$22.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/18/2024

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

Jacob Discovery Fund

JMIGX | Fund

$22.66

$18.7 M

0.00%

2.30%

JMIGX - Profile

Distributions

  • YTD Total Return -5.8%
  • 3 Yr Annualized Total Return -20.7%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Jacob Discovery Fund
  • Fund Family Name
    Jacob
  • Inception Date
    Oct 16, 2012
  • Shares Outstanding
    547955
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • 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. As of August 31, 2023, the market capitalization of the largest company in the Russell Micro Cap® Growth Index was approximately $3.99 billion, and the weighted average and median market capitalizations of the Russell Micro Cap® Growth Index were approximately $749 million and $170 million, respectively.
The Fund maintains a diversified portfolio of investments consisting primarily of common stocks. The Fund may also invest in other equity securities, such as preferred stocks, rights, or warrants. The Adviser expects to select investments for the Fund in companies across various industry groups.
The Adviser manages the Fund’s portfolio in an aggressive growth style. The Adviser believes that investments in micro capitalization companies can have greater earnings and sales growth potential than larger capitalized companies and can offer substantial opportunities for long-term growth of capital. The Adviser’s overall stock selections are based on its qualitative and quantitative assessment of a company’s fundamental prospects and whether it has an above-average potential for long-term growth of capital.
The Adviser expects to invest the Fund’s net assets primarily in U.S. companies, but may gain exposure to foreign markets, including emerging markets, through the global operations of U.S. companies, by purchasing depositary receipts or securities of foreign companies traded on U.S. exchanges, or through direct investment in foreign companies. The Adviser will not invest more than 25% of the Fund’s net assets directly in foreign companies. The Fund may have significant exposure to the health care sector.
The Fund intends to hold some cash, short-term debt obligations, government securities or other high-quality investments for reserves to cover redemptions and unanticipated expenses, or to maintain liquidity while seeking appropriate investments.
The Fund may lend its portfolio securities to seek to generate additional income.
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JMIGX - Performance

Return Ranking - Trailing

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.8% -11.0% 12.2% 93.85%
1 Yr -7.1% -7.4% 45.9% 99.82%
3 Yr -20.7%* -25.3% 56.7% 98.56%
5 Yr 6.6%* -4.7% 43.7% 41.46%
10 Yr 6.7%* 0.9% 24.0% 73.74%

* Annualized

Return Ranking - Calendar

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -20.5% 54.6% 97.01%
2022 -41.6% -82.1% 32.2% 91.25%
2021 12.1% -90.6% 300.1% 6.49%
2020 62.9% -63.0% 127.9% 3.54%
2019 42.9% -7.7% 42.9% 0.19%

Total Return Ranking - Trailing

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.8% -11.0% 12.2% 93.85%
1 Yr -7.1% -7.4% 45.9% 99.82%
3 Yr -20.7%* -25.3% 56.7% 98.56%
5 Yr 6.6%* -4.7% 43.7% 41.46%
10 Yr 6.7%* 0.9% 24.0% 73.74%

* Annualized

Total Return Ranking - Calendar

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -19.0% 136.8% 98.06%
2022 -41.6% -59.9% 44.3% 96.61%
2021 14.6% -22.7% 411.9% 31.89%
2020 74.3% 1.5% 150.8% 2.61%
2019 42.9% 5.5% 55.3% 1.15%

NAV & Total Return History


JMIGX - Holdings

Concentration Analysis

JMIGX Category Low Category High JMIGX % Rank
Net Assets 18.7 M 207 K 34.3 B 94.26%
Number of Holdings 45 7 1180 91.65%
Net Assets in Top 10 10.7 M 57.4 K 2.83 B 91.30%
Weighting of Top 10 57.50% 7.1% 100.1% 3.48%

Top 10 Holdings

  1. First American Government Obligations Fund 14.13%
  2. OptimizeRx Corp 5.90%
  3. ReposiTrak Inc 5.67%
  4. Tela Bio Inc 5.06%
  5. Identiv Inc 4.81%
  6. Inspired Entertainment Inc 4.47%
  7. Cantaloupe Inc 4.46%
  8. Powerfleet Inc NJ 4.46%
  9. Thunderbird Entertainment Group Inc 4.42%
  10. Hudson Global Inc 4.12%

Asset Allocation

Weighting Return Low Return High JMIGX % Rank
Stocks
97.47% 77.88% 108.99% 59.13%
Cash
14.13% 0.00% 26.25% 3.30%
Preferred Stocks
0.06% 0.00% 3.53% 12.52%
Other
0.00% -0.22% 5.89% 76.35%
Convertible Bonds
0.00% 0.00% 1.57% 70.43%
Bonds
0.00% 0.00% 3.22% 69.91%

Stock Sector Breakdown

Weighting Return Low Return High JMIGX % Rank
Healthcare
40.28% 0.00% 47.90% 0.52%
Technology
33.63% 2.91% 75.51% 10.61%
Communication Services
9.47% 0.00% 15.31% 0.87%
Industrials
6.93% 0.00% 36.64% 95.65%
Basic Materials
4.15% 0.00% 9.24% 20.70%
Consumer Cyclical
3.89% 0.00% 24.04% 96.87%
Financial Services
0.98% 0.00% 42.95% 98.09%
Real Estate
0.43% 0.00% 15.31% 70.78%
Consumer Defense
0.23% 0.00% 13.56% 96.17%
Utilities
0.00% 0.00% 5.57% 78.78%
Energy
0.00% 0.00% 55.49% 91.83%

Stock Geographic Breakdown

Weighting Return Low Return High JMIGX % Rank
US
97.47% 30.27% 102.09% 50.26%
Non US
0.00% 0.00% 61.74% 76.70%

JMIGX - Expenses

Operational Fees

JMIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.30% 0.05% 23.20% 5.23%
Management Fee 1.10% 0.05% 1.62% 95.12%
12b-1 Fee 0.00% 0.00% 1.00% 15.82%
Administrative Fee N/A 0.01% 0.40% 47.64%

Sales Fees

JMIGX 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

JMIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 41.51%

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.

JMIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 3.00% 439.00% 23.75%

JMIGX - Distributions

Dividend Yield Analysis

JMIGX Category Low Category High JMIGX % Rank
Dividend Yield 0.00% 0.00% 7.14% 75.48%

Dividend Distribution Analysis

JMIGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

JMIGX Category Low Category High JMIGX % Rank
Net Income Ratio -1.59% -2.47% 1.10% 93.30%

Capital Gain Distribution Analysis

JMIGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

JMIGX - Fund Manager Analysis

Managers

Darren Chervitz


Start Date

Tenure

Tenure Rank

Oct 01, 2012

9.67

9.7%

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

9.62

9.6%

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
0.08 30.44 9.01 5.25