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Trending ETFs

Name

As of 12/20/2024

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

$78.87

$4.06 B

0.00%

1.46%

Vitals

YTD Return

9.9%

1 yr return

9.7%

3 Yr Avg Return

-1.0%

5 Yr Avg Return

7.7%

Net Assets

$4.06 B

Holdings in Top 10

38.2%

52 WEEK LOW AND HIGH

$78.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.46%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/20/2024

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

$78.87

$4.06 B

0.00%

1.46%

CCASX - Profile

Distributions

  • YTD Total Return 9.9%
  • 3 Yr Annualized Total Return -1.0%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Conestoga Small Cap Fund
  • Fund Family Name
    Conestoga Capital Advisors
  • Inception Date
    Aug 13, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Mitchell

Fund Description

Under normal market circumstances, the Fund invests at least 80% of its net assets in equity securities of small market capitalization (“small-cap”) companies. Equity securities include American depositary receipts (“ADRs”), convertible securities, foreign and domestic common and preferred stocks, rights and warrants. While there is no limit on investing in foreign securities, the Fund does not expect investments in foreign securities to exceed 20% of the Fund’s total assets. The Adviser considers small-cap companies for this purpose to be those companies that, at the time of initial purchase (including the existing portfolio), have market capitalizations generally within the range of companies included in the Russell 2000® Index. The Fund will not change this policy unless it notifies shareholders at least 60 days in advance. For purposes of this policy, “net assets” includes any borrowings for investment purposes. As of December 31, 2023, the capitalization range of the Russell 2000® Index was from $10 million to $15.1 billion. The Adviser follows an investment style sometimes called “GARP” or “Growth At a Reasonable Price.” The Adviser generally invests the Fund’s assets in small-cap companies with expected earnings growth that exceed that of the average of all U.S. publicly traded companies, where valuations seem reasonable compared to the expected earnings growth, where fundamental financial characteristics appear to be strong, where (in the Adviser’s opinion) the business model offers sustainable competitive advantage, and where management has an important ownership stake in the company. Companies will meet the Adviser’s criteria and, according to the Adviser’s analysis, must, in the Adviser’s opinion, have the potential to appreciate at least 100% over a three-to-five-year period. The Adviser uses a bottom-up approach in selecting securities. The Fund may invest in securities of companies of any market sector and may, from time to time, hold a significant amount of securities of companies within a single sector. Sectors are defined by the Russell Industry Classification Benchmark (“ICB”) Industry Classifications. The Fund currently anticipates that it will have significant exposure to the Industrials and Technology sectors. There is no guarantee that the Fund will achieve its investment objective.

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CCASX - Performance

Return Ranking - Trailing

Period CCASX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -2.6% 70.6% 78.70%
1 Yr 9.7% -0.9% 65.7% 80.37%
3 Yr -1.0%* -15.4% 60.0% 55.53%
5 Yr 7.7%* -4.3% 45.5% 47.16%
10 Yr 11.2%* 1.3% 24.7% 13.99%

* Annualized

Return Ranking - Calendar

Period CCASX Return Category Return Low Category Return High Rank in Category (%)
2023 21.0% -20.5% 54.6% 13.38%
2022 -31.0% -82.1% 32.2% 58.16%
2021 10.1% -90.6% 300.1% 9.25%
2020 30.3% -63.0% 127.9% 45.40%
2019 22.5% -7.7% 42.9% 48.09%

Total Return Ranking - Trailing

Period CCASX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -2.6% 70.6% 78.70%
1 Yr 9.7% -0.9% 65.7% 80.37%
3 Yr -1.0%* -15.4% 60.0% 55.53%
5 Yr 7.7%* -4.3% 45.5% 47.16%
10 Yr 11.2%* 1.3% 24.7% 13.99%

* Annualized

Total Return Ranking - Calendar

Period CCASX Return Category Return Low Category Return High Rank in Category (%)
2023 22.1% -19.0% 136.8% 10.41%
2022 -28.2% -59.9% 44.3% 51.41%
2021 16.1% -22.7% 411.9% 23.77%
2020 30.3% 1.5% 150.8% 69.47%
2019 25.2% 5.5% 55.3% 72.64%

NAV & Total Return History


CCASX - Holdings

Concentration Analysis

CCASX Category Low Category High CCASX % Rank
Net Assets 4.06 B 209 K 34.3 B 10.00%
Number of Holdings 46 7 1226 91.48%
Net Assets in Top 10 1.64 B 53.8 K 3.02 B 4.07%
Weighting of Top 10 38.18% 7.5% 100.0% 12.43%

Top 10 Holdings

  1. Descartes Systems Group, Inc. (The) 4.61%
  2. Exponent, Inc. 4.43%
  3. Casella Waste Systems, Inc. 4.26%
  4. Simpson Manufacturing Company, Inc. 4.00%
  5. AAON, Inc. 3.82%
  6. Altair Engineering, Inc. 3.55%
  7. FIRSTSERVICE CORPORATION 3.46%
  8. SPS Commerce, Inc. 3.41%
  9. NOVANTA INCORPORATED 3.35%
  10. Construction Partners, Inc. 3.27%

Asset Allocation

Weighting Return Low Return High CCASX % Rank
Stocks
95.38% 92.05% 107.62% 89.07%
Cash
4.62% 0.00% 28.78% 14.63%
Preferred Stocks
0.00% 0.00% 4.59% 29.44%
Other
0.00% -0.26% 6.70% 43.15%
Convertible Bonds
0.00% 0.00% 1.57% 19.07%
Bonds
0.00% 0.00% 2.40% 21.67%

Stock Sector Breakdown

Weighting Return Low Return High CCASX % Rank
Industrials
36.09% 0.00% 36.64% 1.11%
Technology
31.57% 2.91% 75.51% 15.37%
Healthcare
20.26% 0.00% 47.90% 69.26%
Consumer Cyclical
4.09% 0.00% 24.04% 96.85%
Basic Materials
3.52% 0.00% 9.24% 26.85%
Real Estate
2.79% 0.00% 15.31% 40.56%
Communication Services
1.68% 0.00% 15.31% 59.26%
Utilities
0.00% 0.00% 5.57% 44.63%
Financial Services
0.00% 0.00% 42.95% 98.70%
Energy
0.00% 0.00% 55.49% 80.56%
Consumer Defense
0.00% 0.00% 13.56% 97.22%

Stock Geographic Breakdown

Weighting Return Low Return High CCASX % Rank
US
95.38% 17.30% 107.62% 77.22%
Non US
0.00% 0.00% 77.12% 37.78%

CCASX - Expenses

Operational Fees

CCASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.46% 0.05% 23.20% 28.94%
Management Fee 0.90% 0.05% 1.62% 78.48%
12b-1 Fee 0.25% 0.00% 1.00% 33.90%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

CCASX 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

CCASX 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.

CCASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 3.00% 264.00% 8.88%

CCASX - Distributions

Dividend Yield Analysis

CCASX Category Low Category High CCASX % Rank
Dividend Yield 0.00% 0.00% 6.91% 34.07%

Dividend Distribution Analysis

CCASX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Annual Annual

Net Income Ratio Analysis

CCASX Category Low Category High CCASX % Rank
Net Income Ratio -0.89% -2.47% 1.10% 65.54%

Capital Gain Distribution Analysis

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

Distributions History

View More +

CCASX - Fund Manager Analysis

Managers

Robert Mitchell


Start Date

Tenure

Tenure Rank

Oct 01, 2002

19.68

19.7%

Bob is a Co-Founder and Managing Partner of Conestoga Capital Advisors, and Co-Portfolio Manager for the Small and SMid Cap strategies. Bob serves as Chief Investment Officer of the firm, overseeing all aspects of the portfolio management and investment processes. Prior to Conestoga, Bob was a Portfolio Manager/Analyst and Director of Equity Research at Martindale Andres & Company. Bob's portfolio management and research expertise was focused on small capitalization companies. While at Martindale Andres & Co., he was responsible for $100 Million in individual and institutional small cap accounts. Before his employment at Martindale Andres, Bob worked with the U.S. Department of Justice Antitrust Division where he analyzed the economic and financial aspects of various industries for evidence of antitrust violations. Bob received his M.B.A. from Indiana University's Kelley School of Business in 1995; in 1991, he received a B.A. from the University of Notre Dame.

Joseph Monahan


Start Date

Tenure

Tenure Rank

Feb 01, 2014

8.33

8.3%

Joe is a Managing Partner and Co-Portfolio Manager for the Small Cap strategy.  He also serves as an analyst for the firm’s SMid and Mid Cap equity strategies. Joe is Conestoga’s Director of Research, where his responsibilities include coordinating the firm's fundamental research approach to selecting securities.  He joined Conestoga in December 2008 from McHugh Associates, where he was Senior Vice President/Portfolio Manager and a member of the firm’s Investment Committee.  Prior to joining McHugh in 2001, Joe was a Vice President and Portfolio Manager at Pitcairn Trust Company.  He is a graduate of the Pennsylvania State University, where he earned a Bachelor of Science degree, and he earned a Masters of Business Administration from Temple University.  He is a CFA Charterholder and a member of the CFA Society of Philadelphia.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.44 9.17 5.25