BSMRX: William Blair Small-Mid Cap Value Fund

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BSMRX William Blair Small-Mid Cap Value Fund


Profile

BSMRX - Profile

Vitals

  • YTD Return -20.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.24 M
  • Holdings in Top 10 20.7%

52 WEEK LOW AND HIGH

$8.89
$6.17
$11.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 107.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -20.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.49%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    William Blair Small-Mid Cap Value Fund
  • Fund Family Name
    William Blair
  • Inception Date
    May 02, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Leslie

Fund Description

The fund normally invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of small capitalized and medium capitalized companies. It invests primarily in a diversified portfolio of equity securities, including common stocks and other forms of equity investments, of small cap and mid cap domestic companies that the advisor believes offer a long-term investment value.


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Categories

Performance

BSMRX - Performance

Return Ranking - Trailing

Period BSMRX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -42.4% 1973.7% 96.94%
1 Yr -18.5% -62.9% 2000.2% 94.93%
3 Yr N/A* -29.8% 181.3% 25.94%
5 Yr N/A* -21.9% 94.0% 27.32%
10 Yr N/A* -10.0% 12.0% N/A

* Annualized

Return Ranking - Calendar

Period BSMRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -23.6% 40.9% N/A
2018 N/A -44.3% -1.3% N/A
2017 N/A -13.5% 18.9% N/A
2016 N/A -16.4% 23.6% N/A
2015 N/A -40.7% 2.9% N/A

Total Return Ranking - Trailing

Period BSMRX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -42.4% 1973.7% 96.94%
1 Yr -18.5% -62.9% 2000.2% 94.93%
3 Yr N/A* -29.8% 181.3% 36.41%
5 Yr N/A* -21.9% 94.0% 39.09%
10 Yr N/A* -9.1% 12.0% N/A

* Annualized

Total Return Ranking - Calendar

Period BSMRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -23.6% 40.9% N/A
2018 N/A -44.3% 0.1% N/A
2017 N/A -8.7% 24.9% N/A
2016 N/A -4.7% 26.2% N/A
2015 N/A -40.3% 3.9% N/A

NAV & Total Return History


Holdings

BSMRX - Holdings

Concentration Analysis

BSMRX Category Low Category High BSMRX % Rank
Net Assets 1.24 M 118 K 116 B 98.35%
Number of Holdings 73 1 3252 63.74%
Net Assets in Top 10 253 K 59.1 K 9.84 B 97.53%
Weighting of Top 10 20.66% 3.9% 100.0% 46.70%

Top 10 Holdings

  1. IDEX Corp 2.49%
  2. Kansas City Southern 2.18%
  3. FMC Corp 2.17%
  4. Westinghouse Air Brake Technologies Corp 2.16%
  5. PulteGroup Inc 2.03%
  6. The Toro Co 2.01%
  7. PerkinElmer Inc 1.97%
  8. Simpson Manufacturing Co Inc 1.91%
  9. Equity Lifestyle Properties Inc 1.90%
  10. The Interpublic Group of Companies Inc 1.83%

Asset Allocation

Weighting Return Low Return High BSMRX % Rank
Stocks
96.58% 86.14% 100.11% 77.20%
Cash
3.41% -4.60% 13.86% 21.43%
Preferred Stocks
0.00% 0.00% 2.78% 72.53%
Other
0.00% -1.03% 3.76% 71.43%
Convertible Bonds
0.00% 0.00% 2.28% 71.15%
Bonds
0.00% 0.00% 5.39% 75.27%

Stock Sector Breakdown

Weighting Return Low Return High BSMRX % Rank
Industrials
22.29% 0.00% 50.75% 9.34%
Financial Services
18.07% 0.58% 42.16% 12.36%
Real Estate
12.95% 0.00% 30.44% 5.77%
Consumer Cyclical
9.59% 0.00% 42.57% 84.89%
Healthcare
7.69% 2.58% 22.42% 81.87%
Consumer Defense
6.14% 0.00% 14.06% 26.10%
Technology
6.02% 1.56% 33.17% 97.53%
Basic Materials
5.32% 0.00% 10.92% 16.48%
Utilities
4.63% 0.00% 16.65% 47.53%
Energy
4.20% 0.00% 15.09% 10.16%
Communication Services
3.08% 0.00% 32.28% 51.92%

Stock Geographic Breakdown

Weighting Return Low Return High BSMRX % Rank
US
96.58% 81.06% 99.99% 40.11%
Non US
0.00% 0.00% 17.00% 97.80%

Expenses

BSMRX - Expenses

Operational Fees

BSMRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.85% 0.02% 19.45% 3.16%
Management Fee 0.85% 0.00% 1.50% 89.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

BSMRX 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

BSMRX 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.

BSMRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 107.00% 2.00% 962.00% 95.51%

Distributions

BSMRX - Distributions

Dividend Yield Analysis

BSMRX Category Low Category High BSMRX % Rank
Dividend Yield 1.84% 0.00% 5.48% 1.10%

Dividend Distribution Analysis

BSMRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

BSMRX Category Low Category High BSMRX % Rank
Net Income Ratio 1.49% -6.46% 2.17% 7.58%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

BSMRX - Fund Manager Analysis

Managers

Mark Leslie


Start Date

Tenure

Tenure Rank

Dec 15, 2011

8.72

8.7%

Mark Leslie, a Partner of William Blair Investment Management, LLC, is a portfolio manager on William Blair’s Small, Small-Mid, and Mid Cap Value strategies. He joined William Blair 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 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 of Chicago. Education: B.S., business and economics, cum laude, University of New Hampshire.

Chad Kilmer


Start Date

Tenure

Tenure Rank

Dec 15, 2011

8.72

8.7%

Chad Kilmera, Partner with William Blair Investment Management, LLC, is a portfolio manager on William Blair’s Small, Small-Mid, and Mid Cap Value strategies. He joined William Blair in his current role in 2006. Previously, Chad spent two years at U.S. Bancorp Asset Management, where he was most recently lead portfolio manager of the First American Small Cap Value Fund. Before that, he was an analyst with the Small Cap Value product at Gabelli Woodland Partners, a subsidiary of Gabelli Asset Management, for three years. Chad is a member of the CFA Institute and the CFA Society of Chicago. Education: B.S.B., Accounting, University of Minnesota; M.B.A., finance emphasis, Yale University School of Management.

David Mitchell


Start Date

Tenure

Tenure Rank

Dec 15, 2011

8.72

8.7%

Dave Mitchell, a Partner of William Blair Investment Management, LLC, is a portfolio manager on William Blair’s Small, Small-Mid, and 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, Inc. and a member of the Post-Venture Portfolio management team. Before that, he was co-manager of Thomas Paine Investors, LP, a private fund that invested in small-cap stocks, after working as a senior equity analyst. Before that, he was an equity analyst and portfolio manager at Connecticut National Bank and, before graduate studies, an equity trader and money market portfolio manager. For more than a decade, Dave served as a director at Reading In Motion (formerly Whirlwind), which partners with teachers to improve urban children's language-arts and learning skills through the arts. Dave is a member of the CFA Institute and the CFA Society of Chicago. Education: B.A., Knox College; M.B.A., Northwestern University’s Kellogg Graduate School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.09 6.03 4.04