JMIGX: Jacob Micro Cap Growth Institutional

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JMIGX Jacob Micro Cap Growth Institutional


Profile

JMIGX - Profile

Vitals

  • YTD Return 21.2%
  • 3 Yr Annualized Return 32.7%
  • 5 Yr Annualized Return 8.6%
  • Net Assets $16.1 M
  • Holdings in Top 10 42.8%

52 WEEK LOW AND HIGH

$26.20
$13.48
$26.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.90%

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) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 21.2%
  • 3 Yr Annualized Total Return 32.7%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Jacob Micro Cap Growth Fund
  • Fund Family Name
    Jacob
  • Inception Date
    Dec 31, 1997
  • Shares Outstanding
    510570
  • Share Class
    Inst
  • 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

JMIGX - Performance

Return Ranking - Trailing

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.2% -36.4% 64.8% 13.80%
1 Yr 32.9% -44.5% 48.2% 2.62%
3 Yr 32.7%* -52.4% 32.7% 0.18%
5 Yr 8.6%* -38.4% 17.7% 8.06%
10 Yr N/A* -17.7% 16.2% 22.38%

* Annualized

Return Ranking - Calendar

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
2019 42.9% -49.8% 42.9% 0.17%
2018 10.5% -54.2% 13.6% 1.03%
2017 28.9% -73.6% 36.1% 5.51%
2016 -10.4% -49.0% 133.1% 96.77%
2015 -28.9% -70.7% 8.6% 95.26%

Total Return Ranking - Trailing

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.2% -36.4% 64.8% 13.80%
1 Yr 32.9% -44.5% 48.2% 2.62%
3 Yr 32.7%* -21.9% 33.7% 0.72%
5 Yr 14.2%* -17.3% 21.3% 4.34%
10 Yr N/A* -7.5% 26.9% 39.78%

* Annualized

Total Return Ranking - Calendar

Period JMIGX Return Category Return Low Category Return High Rank in Category (%)
2019 42.9% -49.8% 42.9% 0.17%
2018 10.5% -54.2% 14.5% 1.03%
2017 28.9% -8.4% 42.0% 8.37%
2016 -10.4% -16.4% 133.1% 99.19%
2015 -8.7% -59.6% 19.3% 68.53%

NAV & Total Return History


Holdings

JMIGX - Holdings

Concentration Analysis

JMIGX Category Low Category High JMIGX % Rank
Net Assets 16.1 M 5.05 M 27.1 B 92.85%
Number of Holdings 47 1 2022 94.12%
Net Assets in Top 10 4.82 M 753 K 2.93 B 91.73%
Weighting of Top 10 42.78% 5.1% 100.0% 4.13%

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 JMIGX % Rank
Stocks
90.96% 82.34% 100.95% 97.46%
Cash
9.04% -4.85% 17.66% 2.70%
Preferred Stocks
0.00% 0.00% 3.86% 72.50%
Other
0.00% -13.80% 11.74% 73.61%
Convertible Bonds
0.00% 0.00% 0.16% 68.68%
Bonds
0.00% 0.00% 3.66% 69.16%

Stock Sector Breakdown

Weighting Return Low Return High JMIGX % Rank
Healthcare
54.38% 0.08% 54.38% 0.32%
Technology
28.89% 2.71% 81.98% 25.28%
Consumer Cyclical
2.81% 0.00% 31.17% 97.46%
Industrials
2.72% 1.13% 32.81% 99.21%
Financial Services
2.65% 0.00% 22.83% 91.57%
Real Estate
2.63% 0.00% 10.39% 46.74%
Communication Services
2.56% 0.00% 12.66% 35.77%
Basic Materials
2.01% 0.00% 12.65% 42.29%
Consumer Defense
1.36% 0.00% 18.15% 92.37%
Utilities
0.00% 0.00% 6.25% 77.11%
Energy
0.00% 0.00% 5.19% 82.03%

Stock Geographic Breakdown

Weighting Return Low Return High JMIGX % Rank
US
85.57% 80.10% 100.58% 95.23%
Non US
5.39% 0.00% 12.07% 21.94%

Expenses

JMIGX - Expenses

Operational Fees

JMIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.90% 0.06% 36.03% 2.30%
Management Fee 1.10% 0.05% 1.50% 95.70%
12b-1 Fee 0.00% 0.00% 1.00% 17.23%
Administrative Fee 0.08% 0.01% 0.40% 39.48%

Sales Fees

JMIGX 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

JMIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 36.84%

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 73.00% 9.00% 474.00% 64.24%

Distributions

JMIGX - Distributions

Dividend Yield Analysis

JMIGX Category Low Category High JMIGX % Rank
Dividend Yield 0.00% 0.00% 26.95% 69.95%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

JMIGX Category Low Category High JMIGX % Rank
Net Income Ratio -1.62% -2.35% 1.11% 97.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JMIGX - Fund Manager Analysis

Managers

Darren Chervitz


Start Date

Tenure

Tenure Rank

Oct 01, 2012

7.84

7.8%

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

7.79

7.8%

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
0.01 29.01 8.22 3.42