William Blair Small-Mid Cap Growth Fund
- WSMRX
- Price as of: Jan 21, 2021
-
$37.22
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- William Blair
- Share Class
WSMRX - Snapshot
Vitals
- YTD Return 5.7%
- 3 Yr Annualized Return 19.3%
- 5 Yr Annualized Return 18.5%
- Net Assets $3.57 B
- Holdings in Top 10 22.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.05%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 56.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
WSMRX - Profile
Distributions
- YTD Total Return 5.7%
- 3 Yr Annualized Total Return 19.3%
- 5 Yr Annualized Total Return 18.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWilliam Blair Small-Mid Cap Growth Fund
-
Fund Family NameWilliam Blair
-
Inception DateMay 02, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDaniel Crowe
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in stocks of small capitalized ("small cap") and medium capitalized ("mid cap") companies. It invests primarily in a diversified portfolio of equity securities, including common stocks and other forms of equity investments (e.g., securities convertible into common stocks), of small cap and mid cap domestic growth companies that are expected to exhibit quality growth characteristics.
WSMRX - Performance
Return Ranking - Trailing
Period | WSMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | -0.4% | 20.4% | 32.85% |
1 Yr | 32.4% | 2.6% | 152.5% | 63.56% |
3 Yr | 19.3%* | 1.6% | 57.6% | 59.22% |
5 Yr | 18.5%* | 6.6% | 45.5% | 40.25% |
10 Yr | 15.5%* | 7.2% | 24.0% | 20.47% |
* Annualized
Return Ranking - Calendar
Period | WSMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 30.2% | -69.7% | 2474.5% | 39.50% |
2019 | N/A | -50.2% | 44.9% | N/A |
2018 | N/A | -70.5% | 9.2% | N/A |
2017 | N/A | -21.1% | 84.9% | N/A |
2016 | N/A | -61.7% | 39.8% | N/A |
Total Return Ranking - Trailing
Period | WSMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | -0.4% | 20.4% | 32.85% |
1 Yr | 32.4% | -2.9% | 152.5% | 59.90% |
3 Yr | 19.3%* | 1.6% | 57.6% | 57.19% |
5 Yr | 18.5%* | 6.6% | 45.5% | 39.18% |
10 Yr | 15.5%* | 7.2% | 24.0% | 19.49% |
* Annualized
Total Return Ranking - Calendar
Period | WSMRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 30.2% | -69.7% | 2474.5% | 39.50% |
2019 | N/A | -50.2% | 44.9% | N/A |
2018 | N/A | -51.7% | 12.2% | N/A |
2017 | N/A | -7.0% | 84.9% | N/A |
2016 | N/A | -61.7% | 39.8% | N/A |
NAV & Total Return History
WSMRX - Holdings
Concentration Analysis
WSMRX | Category Low | Category High | WSMRX % Rank | |
---|---|---|---|---|
Net Assets | 3.57 B | 1.09 M | 39 B | 26.20% |
Number of Holdings | 74 | 10 | 2593 | 59.29% |
Net Assets in Top 10 | 755 M | 195 K | 9.41 B | 27.30% |
Weighting of Top 10 | 22.74% | 3.9% | 97.2% | 56.26% |
Top 10 Holdings
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
- Horizon Therapeutics PLC 3.48%
Asset Allocation
Weighting | Return Low | Return High | WSMRX % Rank | |
---|---|---|---|---|
Stocks | 98.90% | 0.07% | 102.10% | 42.10% |
Cash | 1.10% | -5.31% | 41.10% | 55.74% |
Preferred Stocks | 0.00% | 0.00% | 1.59% | 84.17% |
Other | 0.00% | -0.87% | 39.00% | 84.17% |
Convertible Bonds | 0.00% | 0.00% | 1.16% | 83.20% |
Bonds | 0.00% | 0.00% | 17.46% | 83.87% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WSMRX % Rank | |
---|---|---|---|---|
Technology | 27.35% | 0.00% | 63.56% | 72.05% |
Healthcare | 27.13% | 0.00% | 39.13% | 12.12% |
Industrials | 17.86% | 0.00% | 34.76% | 15.83% |
Consumer Cyclical | 10.92% | 0.00% | 67.94% | 76.25% |
Consumer Defense | 5.48% | 0.00% | 15.52% | 13.73% |
Communication Services | 3.84% | 0.00% | 24.80% | 68.98% |
Financial Services | 2.97% | 0.00% | 37.20% | 84.01% |
Basic Materials | 2.34% | 0.00% | 20.37% | 32.79% |
Real Estate | 1.22% | 0.00% | 14.19% | 73.99% |
Energy | 0.90% | 0.00% | 49.06% | 17.12% |
Utilities | 0.00% | 0.00% | 5.78% | 85.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WSMRX % Rank | |
---|---|---|---|---|
US | 92.63% | 29.81% | 100.08% | 62.84% |
Non US | 6.27% | 0.00% | 56.23% | 28.27% |
WSMRX - Expenses
Operational Fees
WSMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.05% | 0.05% | 25.69% | 57.14% |
Management Fee | 1.00% | 0.00% | 1.50% | 94.88% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
WSMRX 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% | 5.50% | N/A |
Trading Fees
WSMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.20% | 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.
WSMRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 56.00% | 1.00% | 457.00% | 58.04% |
WSMRX - Distributions
Dividend Yield Analysis
WSMRX | Category Low | Category High | WSMRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.34% | 82.91% |
Dividend Distribution Analysis
WSMRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Net Income Ratio Analysis
WSMRX | Category Low | Category High | WSMRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.46% | -2.48% | 1.52% | 57.89% |
Capital Gain Distribution Analysis
WSMRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
WSMRX - Fund Manager Analysis
Managers
Daniel Crowe
Start Date
Tenure
Tenure Rank
Dec 03, 2015
5.08
5.1%
Dan Crowe, CFA, partner, is a portfolio manager on William Blair’s Mid Cap Growth, Small-Mid Cap Growth, and Small-Mid Cap Core strategies. Previously, he was an associate portfolio manager on the firm’s Mid Cap Growth strategy, an associate portfolio manager on the firm’s Small Cap Growth strategy, and a research analyst, where he focused on all sectors across the U.S. small-cap space. Before joining William Blair as a generalist research analyst in May 2011, Dan was a midcap portfolio manager at Pyramis Global Advisors and a portfolio manager and analyst at The Boston Company/Founders Asset Management. He began his career as a generalist analyst at Marsico Capital Management. Dan is a member of the CFA Institute and the CFA Society Chicago. He received a B.S. in mechanical engineering from the University of Illinois at Urbana-Champaign.
James Jones
Start Date
Tenure
Tenure Rank
Sep 30, 2019
1.25
1.3%
Jim Jones, CFA, partner, is a portfolio manager on William Blair’s Mid Cap Growth and Small-Mid Cap Growth strategies. Previously, he was a research analyst focused on U.S. small-cap industrials companies for the U.S. Growth Equity team beginning in 2010 and also served as the team’s co-director of research from 2017 to 2019. Before joining William Blair in 2010, Jim was an investment analyst at Federated Investors. Prior to that, he was a research analyst at Credit Suisse and an associate at Ashton Partners. He has the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society Chicago. Jim received a B.S. in accounting from Miami University and an M.B.A. from the University of North Carolina.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 34.88 | 8.16 | 3.84 |