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Carillon Chartwell Small Cap Value Fund
mutual fund
CWSIX
Payout Change
Pending
Price as of:
$21.51
+0.22
+1.03%
primary theme
U.S. Small-Cap Value Equity
share class
CWSIX (Mutual Fund)
Carillon Chartwell Small Cap Value Fund
Payout Change
Pending
Price as of:
$21.51
+0.22
+1.03%
primary theme
U.S. Small-Cap Value Equity
share class
CWSIX (Mutual Fund)
Carillon Chartwell Small Cap Value Fund
Payout Change
Pending
Price as of:
$21.51
+0.22
+1.03%
primary theme
U.S. Small-Cap Value Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.6%
1 yr return
10.5%
3 Yr Avg Return
3.8%
5 Yr Avg Return
5.3%
Net Assets
$123 M
Holdings in Top 10
19.1%
52 WEEK LOW AND HIGH
$21.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CWSIX - Profile
Distributions
- YTD Total Return 11.6%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 5.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.45%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCarillon Chartwell Small Cap Value Fund
-
Fund Family NameChartwell Investment Partners
-
Inception DateMar 16, 2012
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Dalrymple
Fund Description
Under normal circumstances, the fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in common stocks of small capitalization U.S. companies. The fund’s subadviser considers small capitalization companies to be those companies that, at the time of initial purchase, have a market capitalization within the range of the Russell 2000 Value Index during the most recent 12‑month period (which was approximately $3.96 million and $10.5 billion as of December 31, 2023). The Russell 2000 Value Index is reconstituted annually. Because the fund’s subadviser defines small capitalization companies by reference to an index, the range of market capitalization of companies in which the fund invests may vary with market conditions. The fund may continue to hold securities of companies whose market capitalization was within the range of the Russell 2000 Value Index, at the time of initial purchase, but whose current market capitalization may be outside of that range.
Read More
The fund typically invests in common stocks, including U.S. dollar denominated securities of issuers based outside of the U.S. (“foreign issuers”) and real estate investment trusts (“REITs”). REITs are companies that own, and typically operate, income-producing real estate or real estate-related assets. The fund may invest up to 20% of its assets in foreign issuers. The fund may have significant exposure to the Financials sector. However, as the sector composition of the fund’s portfolio changes over time, the fund’s exposure to this sector may be lower at a future date and the fund’s exposure to other market sectors may be higher. The subadviser also may purchase exchange-traded funds (“ETFs”) designed to track U.S. small-cap indices to manage the fund’s cash holdings and gain exposure to the types of securities in which the fund primarily invests. ETFs are investment companies that invest in portfolios of securities, often designed to track particular market segments or indices, the shares of which are bought and sold on a securities exchange.
The fund generally invests in companies that its sub-adviser believes to be undervalued. The subadviser’s investment approach relies heavily on valuation history to identify opportunities and prioritizes companies with durable businesses, strong balance sheets, and improving fundamental prospects. Under normal market conditions, the subadviser generally expects that an investment in any single issuer will comprise 5% or less of the total value of the assets in the portfolio. The subadviser also expects that the fund’s exposure to any one sector will range from 50% to 150% of the weight of that sector in the Russell 2000 Value Index. However, for smaller sectors, the fund’s exposure generally will be no more than 5 percentage points above or below the weight of that sector in the Russell 2000 Value Index.
The fund may lend its securities to broker-dealers and other financial institutions to earn additional income.
CWSIX - Performance
Return Ranking - Trailing
| Period | CWSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -13.9% | 26.2% | 22.01% |
| 1 Yr | 10.5% | -14.1% | 25.5% | 19.86% |
| 3 Yr | 3.8%* | -7.2% | 72.4% | 53.68% |
| 5 Yr | 5.3%* | -4.0% | 50.6% | 91.47% |
| 10 Yr | N/A* | -2.0% | 27.3% | 81.57% |
* Annualized
Return Ranking - Calendar
| Period | CWSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.6% | -6.0% | 33.6% | 64.99% |
| 2022 | -10.8% | -33.6% | 212.9% | 17.89% |
| 2021 | 12.1% | -62.0% | 147.6% | 77.22% |
| 2020 | -6.3% | -24.8% | 31.3% | 89.92% |
| 2019 | 19.5% | -21.7% | 34.0% | 46.34% |
Total Return Ranking - Trailing
| Period | CWSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.6% | -13.9% | 26.2% | 22.01% |
| 1 Yr | 10.5% | -14.1% | 25.5% | 19.86% |
| 3 Yr | 3.8%* | -7.2% | 72.4% | 53.68% |
| 5 Yr | 5.3%* | -4.0% | 50.6% | 91.47% |
| 10 Yr | N/A* | -2.0% | 27.3% | 80.05% |
* Annualized
Total Return Ranking - Calendar
| Period | CWSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.8% | 1.8% | 35.4% | 90.65% |
| 2022 | -9.7% | -25.2% | 250.0% | 38.24% |
| 2021 | 23.8% | -3.0% | 157.9% | 88.61% |
| 2020 | -5.6% | -13.5% | 33.4% | 91.99% |
| 2019 | 23.8% | -1.5% | 34.3% | 31.98% |
NAV & Total Return History
CWSIX - Holdings
Concentration Analysis
| CWSIX | Category Low | Category High | CWSIX % Rank | |
|---|---|---|---|---|
| Net Assets | 123 M | 3.29 M | 63 B | 71.77% |
| Number of Holdings | 74 | 10 | 1568 | 73.92% |
| Net Assets in Top 10 | 15.8 M | 279 K | 3.62 B | 83.73% |
| Weighting of Top 10 | 19.15% | 5.2% | 92.1% | 52.52% |
Top 10 Holdings
- TXNM Energy Inc 2.15%
- Cushman Wakefield PLC 2.14%
- Kemper Corp 2.06%
- Columbus McKinnon Corp/NY 2.02%
- Old National Bancorp/IN 1.92%
- Minerals Technologies Inc 1.89%
- Moog Inc 1.82%
- Towne Bank/Portsmouth VA 1.74%
- Enpro Inc 1.71%
- Kite Realty Group Trust 1.70%
Asset Allocation
| Weighting | Return Low | Return High | CWSIX % Rank | |
|---|---|---|---|---|
| Stocks | 97.68% | 6.25% | 105.02% | 68.42% |
| Cash | 2.32% | 0.00% | 37.64% | 40.19% |
| Preferred Stocks | 0.00% | 0.00% | 1.05% | 58.37% |
| Other | 0.00% | -1.07% | 38.91% | 68.42% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 57.04% |
| Bonds | 0.00% | 0.00% | 90.12% | 58.13% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CWSIX % Rank | |
|---|---|---|---|---|
| Financial Services | 26.52% | 0.00% | 35.71% | 26.72% |
| Industrials | 23.20% | 0.65% | 48.61% | 11.76% |
| Consumer Cyclical | 10.60% | 0.35% | 51.62% | 58.33% |
| Real Estate | 8.82% | 0.00% | 44.41% | 35.54% |
| Technology | 7.32% | 0.00% | 27.23% | 71.81% |
| Healthcare | 6.15% | 0.00% | 25.76% | 51.47% |
| Utilities | 5.58% | 0.00% | 13.86% | 11.76% |
| Energy | 5.30% | 0.00% | 29.42% | 74.51% |
| Basic Materials | 3.74% | 0.00% | 67.30% | 78.19% |
| Consumer Defense | 2.78% | 0.00% | 13.22% | 70.10% |
| Communication Services | 0.00% | 0.00% | 17.58% | 96.08% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CWSIX % Rank | |
|---|---|---|---|---|
| US | 97.68% | 6.25% | 105.02% | 51.20% |
| Non US | 0.00% | 0.00% | 77.52% | 68.66% |
CWSIX - Expenses
Operational Fees
| CWSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.26% | 0.05% | 37.04% | 44.02% |
| Management Fee | 0.80% | 0.00% | 1.50% | 56.83% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.35% | 59.72% |
Sales Fees
| CWSIX 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% | 4.00% | N/A |
Trading Fees
| CWSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | 89.58% |
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.
| CWSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 7.00% | 252.00% | 8.22% |
CWSIX - Distributions
Dividend Yield Analysis
| CWSIX | Category Low | Category High | CWSIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.00% | 0.00% | 14.14% | 69.86% |
Dividend Distribution Analysis
| CWSIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| CWSIX | Category Low | Category High | CWSIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.45% | -1.43% | 4.13% | 48.28% |
Capital Gain Distribution Analysis
| CWSIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2023 | $0.213 | OrdinaryDividend |
| Dec 16, 2022 | $0.214 | CapitalGainLongTerm |
| Dec 16, 2021 | $2.009 | CapitalGainLongTerm |
| Dec 30, 2020 | $0.131 | OrdinaryDividend |
| Dec 30, 2019 | $0.144 | OrdinaryDividend |
| Dec 30, 2019 | $0.535 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.102 | CapitalGainShortTerm |
| Dec 28, 2018 | $1.121 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.075 | OrdinaryDividend |
| Dec 28, 2017 | $0.047 | OrdinaryDividend |
| Dec 28, 2017 | $0.841 | CapitalGainLongTerm |
CWSIX - Fund Manager Analysis
Managers
David Dalrymple
Start Date
Tenure
Tenure Rank
Oct 01, 1999
22.68
22.7%
David C. Dalrymple, CFA, has been with Chartwell since its inception in 1997. He has served as Chartwell’s Managing Partner and Senior Portfolio Manager since 1997. During the past nineteen years, Mr. Dalrymple has been the lead portfolio manager of the firm’s Small Cap Value strategy serving institutional, high net worth, and mutual fund sub-advisory clients. Mr. Dalrymple is part of a dedicated investment team of four investment professionals. From 1991 to 1997, Mr. Dalrymple served as Portfolio Manager at Delaware Investment Advisers, managing a small cap value mutual fund, the Value Fund, and assisting in managing mutual funds and institutional assets in small and mid-cap styles. Prior to joining Delaware Investment Advisers, Mr. Dalrymple was an assistant portfolio manager at Lord Abbett & Co. managing mid-cap value and small-cap growth products. Mr. Dalrymple holds a Bachelor of Science degree in Business Management from Clarkson University and an MBA from Cornell University’s Johnson School and is a Chartered Financial Analyst.
T. Harkins
Start Date
Tenure
Tenure Rank
Mar 01, 2020
2.25
2.3%
Mr. Harkins is a Senior Portfolio Manager and has been with Chartwell since 2007. He is a member of the investment team responsible for managing the firm’s small and mid cap value strategies. Previously, Mr. Harkins was a Portfolio Manager at Credit Suisse Asset Management. He joined CSAM as an equity analyst in 2002 after graduating from The Wharton School where he earned an MBA with Concentrations in Finance and Entrepreneurial Management. He is a Chartered Financial Analyst and a member of the CFA Institute. Before entering Wharton and transitioning to the investment management industry, Mr. Harkins was an investment banking analyst and a member of the Private Equity Group at Morgan Keegan & Company where he helped privately-owned companies raise capital and evaluate strategic alternatives. He joined Morgan Keegan in 1997 after earning a BA in Economics at Duke University. Mr. Harkins was awarded a U.S. Army ROTC Scholarship at Duke, and he completed four years of military training while pursuing his bachelor’s degree. After graduating, he served as an adjutant general officer in the U.S. Army Reserve from 1997 to 2005.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.23 | 3.58 |
