RMBMX: RMB SMID Cap Fund

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RMBMX RMB SMID Cap Fund


Profile

RMBMX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return -4.3%
  • 5 Yr Annualized Return -3.8%
  • Net Assets $185 M
  • Holdings in Top 10 29.9%

52 WEEK LOW AND HIGH

$10.82
$6.84
$12.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

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

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    RMB SMID Cap Fund
  • Fund Family Name
    RMB Funds
  • Inception Date
    Dec 31, 2004
  • Shares Outstanding
    16707582
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Madden

Fund Description

The fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies with small-to-medium market capitalizations. For this purpose, the Adviser defines a small-to-medium capitalization company as a company that has a market capitalization of between $100 million and $10 billion at the time of purchase.


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Categories

Performance

RMBMX - Performance

Return Ranking - Trailing

Period RMBMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -23.0% 1977.2% 86.10%
1 Yr -7.9% -66.7% 2035.9% 91.38%
3 Yr -4.3%* -45.3% 182.4% 88.72%
5 Yr -3.8%* -31.6% 94.3% 88.00%
10 Yr 0.2%* -13.4% 21.8% 90.03%

* Annualized

Return Ranking - Calendar

Period RMBMX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -50.2% 44.9% 82.90%
2018 -17.3% -51.7% 5.6% 58.78%
2017 -1.2% -21.1% 34.8% 96.95%
2016 -5.4% -61.7% 40.3% 86.34%
2015 -6.8% -54.0% 12.2% 52.18%

Total Return Ranking - Trailing

Period RMBMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -23.0% 1977.2% 86.10%
1 Yr -7.9% -66.7% 2035.9% 91.38%
3 Yr 5.0%* -41.0% 182.4% 69.65%
5 Yr 6.6%* -24.6% 94.3% 65.78%
10 Yr 9.1%* -11.2% 21.8% 65.26%

* Annualized

Total Return Ranking - Calendar

Period RMBMX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -50.2% 44.9% 82.90%
2018 -5.0% -51.7% 12.2% 21.56%
2017 13.7% -7.0% 39.4% 86.97%
2016 12.4% -61.7% 40.3% 5.73%
2015 -1.0% -54.0% 12.2% 46.90%

NAV & Total Return History


Holdings

RMBMX - Holdings

Concentration Analysis

RMBMX Category Low Category High RMBMX % Rank
Net Assets 185 M 899 K 34.4 B 78.17%
Number of Holdings 61 16 2584 71.30%
Net Assets in Top 10 52.7 M 192 K 7.15 B 74.82%
Weighting of Top 10 29.92% 6.9% 96.0% 29.05%

Top 10 Holdings

  1. First American Government Obligs X 4.56%
  2. West Pharmaceutical Services Inc 3.81%
  3. Fair Isaac Corp 3.05%
  4. Catalent Inc 2.96%
  5. Repligen Corp 2.73%
  6. Copart Inc 2.71%
  7. Vail Resorts Inc 2.65%
  8. EastGroup Properties Inc 2.57%
  9. First Republic Bank 2.44%
  10. Markel Corp 2.43%

Asset Allocation

Weighting Return Low Return High RMBMX % Rank
Stocks
95.44% 82.46% 117.39% 91.37%
Cash
4.56% -22.20% 17.54% 7.75%
Preferred Stocks
0.00% 0.00% 1.64% 83.63%
Other
0.00% -12.49% 4.82% 82.75%
Convertible Bonds
0.00% 0.00% 0.12% 83.27%
Bonds
0.00% 0.00% 2.13% 83.27%

Stock Sector Breakdown

Weighting Return Low Return High RMBMX % Rank
Technology
21.96% 0.00% 58.99% 87.85%
Industrials
17.83% 0.00% 35.43% 13.73%
Healthcare
17.58% 0.00% 40.78% 76.58%
Financial Services
14.55% 0.00% 38.56% 7.75%
Consumer Cyclical
10.11% 0.35% 58.93% 79.93%
Basic Materials
7.85% 0.00% 18.77% 2.11%
Real Estate
7.71% 0.00% 17.76% 10.04%
Energy
1.60% 0.00% 47.75% 6.87%
Communication Services
0.81% 0.00% 23.90% 89.08%
Utilities
0.00% 0.00% 6.18% 87.50%
Consumer Defense
0.00% 0.00% 16.42% 95.60%

Stock Geographic Breakdown

Weighting Return Low Return High RMBMX % Rank
US
95.44% 81.17% 107.56% 32.57%
Non US
0.00% 0.00% 17.06% 98.77%

Expenses

RMBMX - Expenses

Operational Fees

RMBMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.05% 27.43% 60.52%
Management Fee 0.70% 0.00% 1.50% 37.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

RMBMX 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

RMBMX 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.

RMBMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 1.93% 385.00% 13.90%

Distributions

RMBMX - Distributions

Dividend Yield Analysis

RMBMX Category Low Category High RMBMX % Rank
Dividend Yield 0.00% 0.00% 38.35% 83.45%

Dividend Distribution Analysis

RMBMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

RMBMX Category Low Category High RMBMX % Rank
Net Income Ratio 0.35% -2.56% 1.52% 6.60%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RMBMX - Fund Manager Analysis

Managers

Jeffrey Madden


Start Date

Tenure

Tenure Rank

Dec 31, 2004

15.68

15.7%

Mr. Madden has been a portfolio manager of RMB Capital Management, LLC since 2017, and was a portfolio manager of IronBridge from 2000 to 2017. Mr. Madden was a consultant with Accenture from 1998 to 2000.

Christopher Faber


Start Date

Tenure

Tenure Rank

Dec 31, 2004

15.68

15.7%

Mr. Faber has been a portfolio manager of RMB Capital Management, LLC since 2017. Prior to that, Mr. Faber was the President and a portfolio manager of IronBridge Capital Management, L.P. (“IronBridge”) from 1999 to 2017 (IronBridge was the Adviser to the Funds prior to June 24, 2017). Mr. Faber was a founding partner of HOLT Value Associates, L.P., the former parent company of IronBridge, from May 1986 to April 1999. Mr. Faber graduated from Drake University in 1986 with a B.S. and B.A. in Corporate Finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 33.68 8.29 0.5