TSMDX: Trillium Small/Mid Cap Institutional

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

TSMDX Trillium Small/Mid Cap Institutional

  • Fund
  • TSMDX
  • Price as of: Oct 18, 2019
  • $12.39 - $0.03 - 0.24%

TSMDX - Profile

Vitals

  • YTD Return 18.8%
  • 3 Yr Annualized Return 6.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $19.9 M
  • Holdings in Top 10 22.5%

52 WEEK LOW AND HIGH

$12.39
$9.82
$12.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

$100,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 18.8%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.40%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Trillium Small/Mid Cap Fund
  • Fund Family Name Trillium Mutual Funds
  • Inception Date Aug 31, 2015
  • Shares Outstanding 1600140
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Laura L. McGonagle

Fund Description

Under normal conditions, the fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of small and mid-sized companies. The Adviser defines small- and mid-cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the S&P 1000® Index.

TSMDX - Performance

Return Ranking - Trailing

Period TSMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% 0.7% 35.4% 81.77%
1 Yr 0.8% -40.9% 21.6% 53.15%
3 Yr 6.6%* -20.6% 39.5% 61.18%
5 Yr N/A* -23.8% 21.6% N/A
10 Yr N/A* -10.9% 18.5% N/A

* Annualized


Return Ranking - Calendar

Period TSMDX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.4% -51.7% 102.3% 58.16%
2017 16.9% -21.1% 36.0% 42.01%
2016 12.7% -61.7% 40.3% 3.41%
2015 N/A -54.0% 12.2% N/A
2014 N/A -23.5% 15.2% N/A

Total Return Ranking - Trailing

Period TSMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% 0.7% 35.4% 81.77%
1 Yr 0.8% -40.9% 23.5% 62.34%
3 Yr 6.6%* -16.7% 39.5% 81.18%
5 Yr N/A* -21.5% 21.6% N/A
10 Yr N/A* -8.8% 18.5% N/A

* Annualized


Total Return Ranking - Calendar

Period TSMDX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.4% -51.7% 102.3% 72.42%
2017 16.9% -7.0% 39.4% 77.32%
2016 12.7% -61.7% 40.3% 5.33%
2015 N/A -54.0% 12.2% N/A
2014 N/A -23.5% 15.2% N/A

NAV & Total Return History

TSMDX - Holdings

Concentration Analysis

TSMDX Category Low Category High TSMDX % Rank
Net Assets 19.9 M 1.43 M 33.2 B 93.43%
Number of Holdings 78 15 2569 53.11%
Net Assets in Top 10 4.49 M 564 K 5.97 B 93.96%
Weighting of Top 10 22.54% 5.8% 97.9% 59.86%

Top 10 Holdings

  1. Tetra Tech Inc 2.82%

  2. Hexcel Corp 2.75%

  3. The Hanover Insurance Group Inc 2.45%

  4. LHC Group Inc 2.24%

  5. Reinsurance Group of America Inc 2.22%

  6. West Pharmaceutical Services Inc 2.06%

  7. Hologic Inc 2.06%

  8. JB Hunt Transport Services Inc 2.03%

  9. Omnicell Inc 1.99%

  10. Zendesk Inc 1.90%


Asset Allocation

Weighting Return Low Return High TSMDX % Rank
Stocks
99.83% 80.57% 123.55% 10.12%
Cash
0.17% -29.87% 19.43% 87.57%
Preferred Stocks
0.00% 0.00% 3.13% 41.03%
Other
0.00% -11.68% 6.32% 41.03%
Convertible Bonds
0.00% 0.00% 0.08% 36.41%
Bonds
0.00% 0.00% 3.08% 36.77%

Stock Sector Breakdown

Weighting Return Low Return High TSMDX % Rank
Technology
18.28% 0.00% 53.07% 87.39%
Industrials
16.23% 0.00% 35.42% 60.75%
Consumer Cyclical
16.08% 2.71% 50.57% 41.39%
Financial Services
15.29% 0.00% 40.37% 7.64%
Healthcare
8.71% 0.00% 27.70% 91.65%
Real Estate
8.53% 0.00% 48.92% 12.61%
Utilities
5.98% 0.00% 6.22% 0.53%
Consumer Defense
5.75% 0.00% 16.24% 29.84%
Basic Materials
4.19% 0.00% 17.78% 17.05%
Energy
0.78% 0.00% 11.61% 50.27%
Communication Services
0.00% 0.00% 5.92% 66.96%

Stock Geographic Breakdown

Weighting Return Low Return High TSMDX % Rank
US
98.83% 80.19% 118.32% 4.09%
Non US
1.00% 0.00% 17.06% 82.95%

TSMDX - Expenses

Operational Fees

TSMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.85% 0.00% 244.89% 18.23%
Management Fee 0.75% 0.00% 1.50% 48.67%
12b-1 Fee 0.00% 0.00% 1.00% 10.89%
Administrative Fee N/A 0.00% 0.72% N/A

Sales Fees

TSMDX 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

TSMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.05% 2.00% 23.73%

Turnover 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.

TSMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 1.24% 385.00% 23.71%

TSMDX - Distributions

Dividend Yield Analysis

TSMDX Category Low Category High TSMDX % Rank
Dividend Yield 0.13% 0.00% 3.60% 8.17%

Dividend Distribution Analysis

TSMDX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

TSMDX Category Low Category High TSMDX % Rank
Net Income Ratio 0.40% -2.07% 1.51% 4.87%

Capital Gain Distribution Analysis

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

TSMDX - Managers

Laura L. McGonagle

Manager

Start Date

Tenure

Tenure Rank

Aug 31, 2015

4.08

4.1%

Laura L. McGonagle, CFA- Laura is a senior vice president, portfolio manager and research analyst, and leads our Small/Mid Cap Core strategy. She joined Trillium Asset Management in 2001. Prior to joining Trillium she was an equity research analyst at Adams, Harkness and Hill, a Boston-based investment bank that focuses on emerging growth companies. Laura’s last position at Adams was as a sell-side equity analyst in the “Healthy Living” group. This group covered specialty consumer stocks which addressed the consumers’ growing awareness of the impact of nutrition, environment and lifestyle choices on their well-being. Laura earned a B.A. in quantitative economics from Tufts University in 1992. Laura is a member of the CFA Society Boston and is a Chartered Financial Analyst charterholder.


Elizabeth Levy

Manager

Start Date

Tenure

Tenure Rank

Oct 31, 2017

1.92

1.9%

Elizabeth R. Levy, CFA- Elizabeth is a senior vice president, portfolio manager and research analyst, and leads our All Cap Core and Fossil Fuel Free Core strategies. Before joining Trillium in 2012, she worked as a portfolio manager for Winslow Management Company, a division of Brown Advisory, where she had been since 2004. She managed two environmentally-focused investment strategies, the Winslow Green Large Cap strategy from 2009-2011 and the Winslow Green Growth strategy during 2011. She also provided equity research across Brown Advisory's strategies, with a focus on water companies and green transportation companies. Before joining Winslow she was a research associate for Tellus Institute, an environmental research organization. She served on the Steering Committee of the Social Investment Research Analysts Network (SIRAN), and is a previous Treasurer and Vice President of the Board of Directors of Harvest Cooperative Markets in Boston. Elizabeth holds a B.S. in Chemistry from the College of William and Mary, and a Master of Environmental Management from the Yale School of Forestry and Environmental Studies. She is a member of the Executive Committee of the Boston Chapter of the Appalachian Mountain Club. Elizabeth is also a member of the CFA Society Boston and is a Chartered Financial Analyst charterholder.


Mitali Prasad

Manager

Start Date

Tenure

Tenure Rank

May 15, 2019

0.38

0.4%

Mitali is a Portfolio Manager on the Small/Mid Cap Core strategy and Research Analyst covering Industrials and Materials Sectors. She joined Trillium in 2016 and previously served as a portfolio manager and equity research analyst at Washington Capital Management, where she covered multiple industry sectors and managed MID and SMID GARP portfolios. She held similar portfolio manager and equity analyst roles at OFI Institutional (Oppenheimer Funds) and Babson Capital Management, where she started her career in 1994. Mitali holds a Bachelor of Electronics and Telecommunications Engineering from the Delhi Institute of Technology in New Delhi, India and a Master of International Affairs from Columbia University in New York. She earned an M.B.A. from the Indian Institute of Management in Bangalore, India in 1991. She is a Chartered Financial Analyst (CFA) charterholder and a member of the CFA Institute and the CFA Society Boston, serving on its SRI committee from 2008 – 2010 and as Chair of its Value Investing committee from 2009-2013.


Tenure Analysis

Category Low

0.0

Category High

32.76

Category Average

7.98

Category Mode

9.09