Paradigm Micro-Cap Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.2%
1 yr return
24.3%
3 Yr Avg Return
0.3%
5 Yr Avg Return
15.8%
Net Assets
$175 M
Holdings in Top 10
42.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.02%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PVIVX - Profile
Distributions
- YTD Total Return 9.2%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 15.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.91%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameParadigm Micro-Cap Fund
-
Fund Family NameParadigm Funds
-
Inception DateJan 24, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAmelia Weir
Fund Description
Under normal circumstances, the Micro-Cap Fund invests at least 80% of its net assets in the common stocks of U.S. micro-cap companies. The Fund generally considers a company to be a micro-cap company if, at the time of purchase, its market capitalization is within the range of capitalizations of companies in the Russell Microcap® Index as of the most recent reconstitution date. As of March 31, 2024, the range of market capitalizations for the Russell Microcap® Index was $1 million to $4.961 billion. The capitalizations of companies within the Russell Microcap® Index may increase or decrease due to market conditions. The Fund may be overweight in certain sectors at various times. Stocks are sold when they have realized the value anticipated by the Advisor or if new investment opportunities with higher expected returns are acquired. The Fund may continue to hold stocks of companies whose capitalization has, since the time of purchase, grown to exceed the capitalization limits. Additional purchases of a company’s stock will not qualify, however, as a micro-cap stock, unless at the time of purchase, the company is able to satisfy the definition of a micro-cap. The Advisor primarily searches for companies within the market capitalization range of the Russell Microcap® Index that exhibit attractive valuations and solid growth prospects.
PVIVX - Performance
Return Ranking - Trailing
| Period | PVIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -18.0% | 29.9% | 50.19% |
| 1 Yr | 24.3% | -2.3% | 47.7% | 53.77% |
| 3 Yr | 0.3%* | -14.7% | 41.9% | 59.58% |
| 5 Yr | 15.8%* | -12.9% | 33.7% | 1.00% |
| 10 Yr | 11.9%* | -3.1% | 17.9% | 0.86% |
* Annualized
Return Ranking - Calendar
| Period | PVIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | -19.9% | 29.0% | 14.77% |
| 2022 | -20.6% | -59.3% | 118.2% | 48.76% |
| 2021 | 26.5% | -31.6% | 39.3% | 5.80% |
| 2020 | 39.5% | -51.0% | 39.5% | 0.20% |
| 2019 | 22.4% | -5.6% | 37.8% | 37.06% |
Total Return Ranking - Trailing
| Period | PVIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -18.0% | 29.9% | 50.19% |
| 1 Yr | 24.3% | -2.3% | 47.7% | 53.77% |
| 3 Yr | 0.3%* | -14.7% | 41.9% | 59.58% |
| 5 Yr | 15.8%* | -12.9% | 33.7% | 1.00% |
| 10 Yr | 11.9%* | -3.1% | 17.9% | 0.86% |
* Annualized
Total Return Ranking - Calendar
| Period | PVIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | -11.7% | 31.8% | 29.73% |
| 2022 | -20.6% | -45.2% | 123.7% | 87.43% |
| 2021 | 27.9% | 0.0% | 45.6% | 21.28% |
| 2020 | 46.9% | -50.5% | 46.9% | 0.20% |
| 2019 | 22.4% | 2.2% | 40.9% | 72.88% |
NAV & Total Return History
PVIVX - Holdings
Concentration Analysis
| PVIVX | Category Low | Category High | PVIVX % Rank | |
|---|---|---|---|---|
| Net Assets | 175 M | 529 K | 145 B | 75.14% |
| Number of Holdings | 53 | 2 | 2445 | 91.53% |
| Net Assets in Top 10 | 69.2 M | 124 K | 9.87 B | 51.22% |
| Weighting of Top 10 | 42.84% | 3.1% | 100.1% | 4.91% |
Top 10 Holdings
- Modine Manufacturing Company 7.44%
- Onto Innovation, Inc. 5.43%
- Goldman Sachs Financial Square Government Fund Institutional Shares 5.11%
- Insight Enterprises, Inc. 4.91%
- Veeco Instruments, Inc. 4.34%
- Axcelis Technologies, Inc. 3.52%
- J.Jill, Inc. 3.25%
- The Ensign Group, Inc. 3.06%
- Caleres, Inc. 2.91%
- The Pennant Group, Inc. 2.87%
Asset Allocation
| Weighting | Return Low | Return High | PVIVX % Rank | |
|---|---|---|---|---|
| Stocks | 95.19% | 7.51% | 107.74% | 89.83% |
| Cash | 5.11% | 0.00% | 42.24% | 18.46% |
| Other | 0.08% | -0.07% | 49.08% | 29.76% |
| Preferred Stocks | 0.00% | 0.00% | 6.06% | 39.55% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 39.81% |
| Bonds | 0.00% | 0.00% | 87.66% | 43.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PVIVX % Rank | |
|---|---|---|---|---|
| Technology | 43.95% | 0.00% | 43.95% | 0.19% |
| Healthcare | 26.53% | 0.00% | 26.53% | 0.19% |
| Consumer Cyclical | 14.13% | 0.99% | 47.79% | 11.43% |
| Industrials | 10.20% | 2.46% | 37.42% | 98.86% |
| Basic Materials | 3.04% | 0.00% | 18.66% | 88.19% |
| Communication Services | 1.70% | 0.00% | 14.85% | 76.57% |
| Consumer Defense | 0.45% | 0.00% | 18.87% | 98.86% |
| Utilities | 0.00% | 0.00% | 18.58% | 93.90% |
| Real Estate | 0.00% | 0.00% | 29.43% | 97.90% |
| Financial Services | 0.00% | 0.00% | 35.52% | 100.00% |
| Energy | 0.00% | 0.00% | 37.72% | 95.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PVIVX % Rank | |
|---|---|---|---|---|
| US | 95.19% | 2.58% | 107.74% | 83.62% |
| Non US | 0.00% | 0.00% | 97.07% | 49.15% |
PVIVX - Expenses
Operational Fees
| PVIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.26% | 0.01% | 38.30% | 32.14% |
| Management Fee | 1.25% | 0.00% | 1.50% | 99.24% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.35% |
| Administrative Fee | 0.07% | 0.01% | 0.45% | 24.40% |
Sales Fees
| PVIVX 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
| PVIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 28.89% |
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.
| PVIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.02% | 1.00% | 314.00% | 53.28% |
PVIVX - Distributions
Dividend Yield Analysis
| PVIVX | Category Low | Category High | PVIVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 42.47% | 87.57% |
Dividend Distribution Analysis
| PVIVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PVIVX | Category Low | Category High | PVIVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.91% | -2.40% | 2.49% | 95.81% |
Capital Gain Distribution Analysis
| PVIVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2021 | $0.013 | CapitalGainShortTerm |
| Dec 30, 2021 | $0.595 | CapitalGainLongTerm |
| Dec 30, 2020 | $2.263 | OrdinaryDividend |
| Dec 30, 2019 | $0.003 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.029 | CapitalGainShortTerm |
| Dec 28, 2018 | $3.530 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.076 | CapitalGainShortTerm |
| Dec 28, 2017 | $2.153 | CapitalGainLongTerm |
| Dec 29, 2016 | $1.078 | CapitalGainShortTerm |
| Dec 30, 2015 | $0.007 | CapitalGainShortTerm |
| Dec 30, 2015 | $0.315 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.017 | CapitalGainShortTerm |
| Dec 30, 2014 | $3.509 | CapitalGainLongTerm |
| Dec 30, 2013 | $1.477 | CapitalGainShortTerm |
| Dec 30, 2013 | $1.039 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.092 | OrdinaryDividend |
| Dec 29, 2010 | $0.108 | OrdinaryDividend |
| Dec 29, 2009 | $0.106 | OrdinaryDividend |
PVIVX - Fund Manager Analysis
Managers
Amelia Weir
Start Date
Tenure
Tenure Rank
Dec 27, 2011
10.43
10.4%
Amelia Weir serves as Senior Vice President and portfolio manager at Paradigm Capital Management, Inc. She joined the firm in September 2008. Prior to joining Paradigm, Amelia was a portfolio manager with William D. Witter, Inc. and previously worked as an equity research analyst at Bear Stearns & Co, Inc. Amelia earned her undergraduate degree at Harvard College, where she graduated magna cum laude, and received her MBA from The Wharton School at the University of Pennsylvania.
Candace Weir
Start Date
Tenure
Tenure Rank
Dec 27, 2011
10.43
10.4%
Candace King Weir serves as Chief Investment Officer and portfolio manager at Paradigm Capital Management, Inc. She has devoted over 30 years to investment management and researching small-cap companies. Candace founded C.L. King & Associates, an institutional research firm specializing in small-cap stocks, in 1972 and serves as its President. Candace founded Paradigm Capital Management in 1994 in order to focus on growing the institutional asset management business. Candace received her BA from Vassar College. Candace currently serves on multiple non-profit boards, including Albany Medical Center, where she previously served as the Chair of the Investment Committee.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.18 | 2.58 |