William Blair Small-Mid Cap Value N
Name
As of 04/15/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
15.9%
1 yr return
62.4%
3 Yr Avg Return
5.0%
5 Yr Avg Return
7.6%
Net Assets
$1.23 M
Holdings in Top 10
19.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 7.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 225.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/15/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BSMNX - Profile
Distributions
- YTD Total Return 15.9%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.92%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWilliam Blair Small-Mid Cap Value Fund
-
Fund Family NameWilliam Blair
-
Inception DateDec 15, 2011
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMark Leslie
Fund Description
BSMNX - Performance
Return Ranking - Trailing
Period | BSMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.9% | -72.5% | 32.0% | 16.63% |
1 Yr | 62.4% | 9.7% | 165.6% | 81.71% |
3 Yr | 5.0%* | 3.4% | 26.4% | 95.27% |
5 Yr | 7.6%* | 2.1% | 22.9% | 95.32% |
10 Yr | N/A* | 4.7% | 16.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | BSMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -7.0% | -17.7% | 2510.2% | 96.84% |
2022 | 20.6% | -19.0% | 37.5% | 61.89% |
2021 | -35.0% | -77.7% | 5.5% | 96.57% |
2020 | -1.5% | -62.4% | 21.5% | 88.82% |
2019 | 15.9% | -16.4% | 28.1% | 16.50% |
Total Return Ranking - Trailing
Period | BSMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.9% | -72.5% | 32.0% | 14.29% |
1 Yr | 62.4% | 9.7% | 165.6% | 77.33% |
3 Yr | 5.0%* | 2.2% | 26.4% | 94.75% |
5 Yr | 7.6%* | 2.1% | 22.9% | 94.48% |
10 Yr | N/A* | 4.7% | 16.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BSMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -7.0% | -17.7% | 2510.2% | 96.84% |
2022 | 20.6% | -19.0% | 37.5% | 61.89% |
2021 | -15.5% | -44.3% | 5.5% | 56.46% |
2020 | 9.5% | -62.4% | 24.9% | 80.59% |
2019 | 20.7% | -6.1% | 28.1% | 4.29% |
NAV & Total Return History
BSMNX - Holdings
Concentration Analysis
BSMNX | Category Low | Category High | BSMNX % Rank | |
---|---|---|---|---|
Net Assets | 1.23 M | 167 K | 142 B | 97.24% |
Number of Holdings | 72 | 1 | 3441 | 65.05% |
Net Assets in Top 10 | 283 K | 34.5 K | 8.75 B | 97.92% |
Weighting of Top 10 | 19.81% | 2.5% | 100.0% | 45.01% |
Top 10 Holdings
- IDEX Corp 2.74%
- Western Alliance Bancorp 2.43%
- The Toro Co 2.16%
- SVB Financial Group 2.09%
- Kansas City Southern 2.03%
- The Interpublic Group of Companies Inc 2.02%
- PerkinElmer Inc 1.96%
- Helen Of Troy Ltd 1.95%
- Simpson Manufacturing Co Inc 1.91%
- Westinghouse Air Brake Technologies Corp 1.91%
Asset Allocation
Weighting | Return Low | Return High | BSMNX % Rank | |
---|---|---|---|---|
Stocks | 93.74% | 0.00% | 101.31% | 90.30% |
Cash | 6.26% | -1.31% | 44.93% | 6.94% |
Preferred Stocks | 0.00% | 0.00% | 4.55% | 83.10% |
Other | 0.00% | -3.77% | 9.72% | 81.48% |
Convertible Bonds | 0.00% | 0.00% | 6.42% | 81.94% |
Bonds | 0.00% | 0.00% | 76.97% | 82.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BSMNX % Rank | |
---|---|---|---|---|
Financial Services | 23.53% | 1.35% | 45.51% | 6.48% |
Industrials | 20.58% | 0.00% | 47.80% | 15.05% |
Consumer Cyclical | 11.80% | 0.00% | 37.86% | 69.44% |
Real Estate | 10.64% | 0.00% | 19.40% | 7.41% |
Healthcare | 6.85% | 0.00% | 26.78% | 88.66% |
Basic Materials | 5.56% | 0.00% | 19.09% | 23.38% |
Consumer Defense | 5.30% | 0.00% | 25.06% | 32.41% |
Technology | 4.57% | 0.00% | 45.78% | 96.30% |
Energy | 4.41% | 0.00% | 46.17% | 9.26% |
Communication Services | 3.65% | 0.00% | 33.21% | 44.44% |
Utilities | 3.12% | 0.00% | 16.80% | 49.77% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BSMNX % Rank | |
---|---|---|---|---|
US | 93.74% | 38.52% | 100.47% | 66.90% |
Non US | 0.00% | 0.00% | 28.35% | 96.06% |
BSMNX - Expenses
Operational Fees
BSMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 7.94% | 0.02% | 15.92% | 1.45% |
Management Fee | 0.85% | 0.00% | 1.69% | 88.45% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 55.50% |
Administrative Fee | N/A | 0.01% | 0.35% | 71.03% |
Sales Fees
BSMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
BSMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 93.02% |
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.
BSMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 225.00% | 2.00% | 453.00% | 98.29% |
BSMNX - Distributions
Dividend Yield Analysis
BSMNX | Category Low | Category High | BSMNX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.29% | 0.00% | 1.87% | 85.52% |
Dividend Distribution Analysis
BSMNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
BSMNX | Category Low | Category High | BSMNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.92% | -1.52% | 2.91% | 33.57% |
Capital Gain Distribution Analysis
BSMNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2018 | $0.028 | |
Dec 15, 2017 | $0.021 | |
Dec 16, 2016 | $0.013 | |
Dec 18, 2015 | $0.007 |
BSMNX - Fund Manager Analysis
Managers
Mark Leslie
Start Date
Tenure
Tenure Rank
Dec 15, 2011
9.3
9.3%
Mark Leslie, CFA, partner, is a portfolio manager for William Blair’s Small and Small-Mid Cap Value strategies. He joined the firm in his current role in 2005. Previously, he was lead portfolio manager of the First American Small Cap Value Fund and co-portfolio manager of the First American Mid Cap Value Fund at U.S. Bancorp Asset Management for eight years. Before becoming a portfolio manager, Mark was an equity analyst at U.S. Bancorp. Before that, he was a sell-side analyst with Dain Bosworth for five years. Mark is a member of the CFA Institute and the CFA Society Chicago. He received a B.S. in business and economics, cum laude, from the University of New Hampshire.
David Mitchell
Start Date
Tenure
Tenure Rank
Dec 15, 2011
9.3
9.3%
Dave Mitchell, CFA, partner, is a portfolio manager for William Blair’s Small and Small-Mid Cap Value strategies. He joined William Blair in his current role in 1996. Previously, he was a partner in the U.S. equity group at Brinson Partners and a member of its post-venture portfolio management team. Before that, he was co-manager of Thomas Paine Investors, a private fund that invested in small-cap stocks, and a senior equity analyst on NBD’s Woodward Opportunity Fund. Before that, he was an equity analyst and portfolio manager at Connecticut National Bank. Before pursing graduate studies, Dave was also an equity trader and money market portfolio manager. Dave has served for more than a decade as a director at Reading In Motion (formerly Whirlwind), which partners with teachers to improve urban children’s language and learning skills through the arts. He is also a general trustee of Knox College. Dave is a member of the CFA Institute and the CFA Society Chicago. He received a B.A. from Knox College and an M.B.A. from Northwestern University’s Kellogg Graduate School of Management.
Stephen Livingston
Start Date
Tenure
Tenure Rank
Feb 10, 2021
0.13
0.1%
Stephen Livingston, CFA, a Partner of William Blair Investment Management, LLC, has co-managed the Small-Mid Cap Value Fund and the Small Cap Value Fund since 2021. Previously, he was an associate portfolio manager on William Blair’s Small and Small-Mid Cap Value strategies. Before joining the team as a research analyst in 2009, he spent two years as a research associate on the domestic growth equity research team, covering the financials and industrials sectors. Before that, he was a research associate in William Blair’s sell-side research group, covering the technology sector. Before joining William Blair in 2006, Stephen worked at both FTN Midwest and UBS. Stephen is a member of the CFA Institute and the CFA Society Chicago. He received a B.S.B.A. in finance from The Ohio State University and an M.B.A. from the University of Chicago’s Booth School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.28 | 6.25 | 4.62 |