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James Small Cap Fund
mutual fund
JASCX
Payout Change
Pending
Price as of:
$38.91
+0.36
+0.93%
primary theme
U.S. Small-Cap Value Equity
share class
JASCX (Mutual Fund)
James Small Cap Fund
Payout Change
Pending
Price as of:
$38.91
+0.36
+0.93%
primary theme
U.S. Small-Cap Value Equity
share class
JASCX (Mutual Fund)
James Small Cap Fund
Payout Change
Pending
Price as of:
$38.91
+0.36
+0.93%
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
19.2%
1 yr return
18.7%
3 Yr Avg Return
10.1%
5 Yr Avg Return
12.6%
Net Assets
$56.4 M
Holdings in Top 10
27.9%
52 WEEK LOW AND HIGH
$38.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$500
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
JASCX - Profile
Distributions
- YTD Total Return 19.2%
- 3 Yr Annualized Total Return 10.1%
- 5 Yr Annualized Total Return 12.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.36%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJames Small Cap Fund
-
Fund Family NameJames Advantage
-
Inception DateOct 18, 2000
-
Shares Outstanding1176342
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerR. Culpepper
Fund Description
The Fund invests primarily in equity securities of foreign and domestic companies that James Investment Research, Inc. (the “Adviser”) believes are undervalued. Equity securities that the Fund will principally invest in are common stocks, preferred stocks and exchange-traded funds (“ETFs”) that invest primarily in equity securities. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus the amount of borrowing for investment purposes, if any) in equity securities of small capitalization companies. Shareholders of the Fund will be provided with at least 60 days prior notice of any change in the Fund’s
80% investment policy. Small capitalization companies are defined as those companies with market capitalizations at the time of purchase no larger than the stocks in the VettaFi US Equity Small-Cap 2000 TR Index, including ETFs that invest primarily in such securities. As of September 30, 2024, the largest market capitalization of the companies included in the VettaFi US Equity Small-Cap 2000 TR Index was $7.22 billion. Micro cap securities are considered small capitalization securities.
The Fund anticipates investing across a range of industry sectors. However, certain sectors may be significantly overweighted or underweighted compared to the VettaFi US Equity Small-Cap 2000 TR Index because the Adviser seeks the best investment opportunities regardless of sector. The sectors in which the Fund may be overweighted or underweighted will vary at different points in the economic cycle. The Adviser uses a disciplined sell strategy for the Fund. The Adviser may sell securities because of a deterioration of the underlying company’s financials, such as earnings or cash flow, or because of an increase in the price of a stock that would make it expensive relative to the other stocks held by the Fund. Other reasons may include a change in management or control of the company, a need to raise cash or changes in the regulatory or economic environment in which the company operates. The number of securities held by the Fund may fluctuate in an effort to seek to help increase performance and allow the sector weights to vary according to the number of highly ranked securities in that sector.
JASCX - Performance
Return Ranking - Trailing
| Period | JASCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.2% | -13.9% | 26.2% | 4.07% |
| 1 Yr | 18.7% | -14.1% | 25.5% | 4.55% |
| 3 Yr | 10.1%* | -7.2% | 72.4% | 5.15% |
| 5 Yr | 12.6%* | -4.0% | 50.6% | 8.53% |
| 10 Yr | 6.7%* | -2.0% | 27.3% | 66.34% |
* Annualized
Return Ranking - Calendar
| Period | JASCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.4% | -6.0% | 33.6% | 2.16% |
| 2022 | -16.9% | -33.6% | 212.9% | 50.49% |
| 2021 | 38.4% | -62.0% | 147.6% | 7.59% |
| 2020 | -1.6% | -24.8% | 31.3% | 73.13% |
| 2019 | 17.8% | -21.7% | 34.0% | 58.81% |
Total Return Ranking - Trailing
| Period | JASCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.2% | -13.9% | 26.2% | 4.07% |
| 1 Yr | 18.7% | -14.1% | 25.5% | 4.55% |
| 3 Yr | 10.1%* | -7.2% | 72.4% | 5.15% |
| 5 Yr | 12.6%* | -4.0% | 50.6% | 8.53% |
| 10 Yr | 6.7%* | -2.0% | 27.3% | 66.34% |
* Annualized
Total Return Ranking - Calendar
| Period | JASCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.2% | 1.8% | 35.4% | 2.88% |
| 2022 | -11.7% | -25.2% | 250.0% | 53.19% |
| 2021 | 38.8% | -3.0% | 157.9% | 9.87% |
| 2020 | -1.1% | -13.5% | 33.4% | 77.78% |
| 2019 | 17.8% | -1.5% | 34.3% | 93.77% |
NAV & Total Return History
JASCX - Holdings
Concentration Analysis
| JASCX | Category Low | Category High | JASCX % Rank | |
|---|---|---|---|---|
| Net Assets | 56.4 M | 3.29 M | 63 B | 86.60% |
| Number of Holdings | 85 | 10 | 1568 | 68.90% |
| Net Assets in Top 10 | 14.4 M | 279 K | 3.62 B | 87.08% |
| Weighting of Top 10 | 27.86% | 5.2% | 92.1% | 27.34% |
Top 10 Holdings
- First American Treasury Obligations Fund Class X 3.51%
- Piper Sandler Companies 3.34%
- Evercore Partners, Inc. Class A 3.30%
- Brinker International, Inc. 3.28%
- Enova International, Inc. 2.89%
- PC Connection, Inc. 2.55%
- Coca-Cola Bottling Company Consolidated 2.52%
- FTI Consulting, Inc. 2.47%
- National Storage Affiliates Trust 2.05%
- First BanCorporation 1.95%
Asset Allocation
| Weighting | Return Low | Return High | JASCX % Rank | |
|---|---|---|---|---|
| Stocks | 94.73% | 6.25% | 105.02% | 89.23% |
| Cash | 3.51% | 0.00% | 37.64% | 27.51% |
| Bonds | 1.93% | 0.00% | 90.12% | 1.91% |
| Preferred Stocks | 0.00% | 0.00% | 1.05% | 32.54% |
| Other | 0.00% | -1.07% | 38.91% | 50.48% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 29.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JASCX % Rank | |
|---|---|---|---|---|
| Financial Services | 27.15% | 0.00% | 35.71% | 22.55% |
| Industrials | 14.34% | 0.65% | 48.61% | 79.17% |
| Real Estate | 9.91% | 0.00% | 44.41% | 30.15% |
| Healthcare | 9.72% | 0.00% | 25.76% | 11.76% |
| Technology | 9.52% | 0.00% | 27.23% | 41.67% |
| Consumer Cyclical | 8.83% | 0.35% | 51.62% | 78.92% |
| Basic Materials | 7.53% | 0.00% | 67.30% | 15.20% |
| Energy | 5.91% | 0.00% | 29.42% | 71.32% |
| Consumer Defense | 4.52% | 0.00% | 13.22% | 35.54% |
| Utilities | 2.56% | 0.00% | 13.86% | 49.75% |
| Communication Services | 0.00% | 0.00% | 17.58% | 92.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JASCX % Rank | |
|---|---|---|---|---|
| US | 94.73% | 6.25% | 105.02% | 82.06% |
| Non US | 0.00% | 0.00% | 77.52% | 47.61% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JASCX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 3.51% | 0.00% | 100.00% | 28.47% |
| Derivative | 0.00% | -1.07% | 3.43% | 32.78% |
| Securitized | 0.00% | 0.00% | 17.64% | 28.77% |
| Corporate | 0.00% | 0.00% | 100.00% | 32.60% |
| Municipal | 0.00% | 0.00% | 0.04% | 28.77% |
| Government | 0.00% | 0.00% | 56.51% | 29.32% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JASCX % Rank | |
|---|---|---|---|---|
| US | 1.93% | 0.00% | 83.86% | 1.91% |
| Non US | 0.00% | 0.00% | 6.26% | 30.62% |
JASCX - Expenses
Operational Fees
| JASCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.05% | 37.04% | 28.23% |
| Management Fee | 1.21% | 0.00% | 1.50% | 99.28% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.18% |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| JASCX 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
| JASCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| JASCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 42.00% | 7.00% | 252.00% | 30.68% |
JASCX - Distributions
Dividend Yield Analysis
| JASCX | Category Low | Category High | JASCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.28% | 0.00% | 14.14% | 84.93% |
Dividend Distribution Analysis
| JASCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| JASCX | Category Low | Category High | JASCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.36% | -1.43% | 4.13% | 54.66% |
Capital Gain Distribution Analysis
| JASCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 05, 2024 | $2.473 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.106 | OrdinaryDividend |
| Dec 06, 2023 | $0.094 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.142 | OrdinaryDividend |
| Dec 07, 2022 | $1.670 | CapitalGainLongTerm |
| Dec 29, 2021 | $0.093 | OrdinaryDividend |
| Dec 29, 2020 | $0.125 | OrdinaryDividend |
| Dec 07, 2018 | $0.419 | CapitalGainShortTerm |
| Dec 07, 2018 | $1.717 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.190 | OrdinaryDividend |
| Dec 05, 2017 | $0.867 | CapitalGainShortTerm |
| Dec 05, 2017 | $6.496 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.170 | OrdinaryDividend |
| Dec 30, 2015 | $0.122 | OrdinaryDividend |
| Dec 03, 2015 | $1.241 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.904 | OrdinaryDividend |
| Dec 28, 2012 | $0.512 | OrdinaryDividend |
| Dec 29, 2011 | $0.028 | OrdinaryDividend |
| Dec 30, 2010 | $0.032 | OrdinaryDividend |
| Jun 29, 2010 | $0.002 | OrdinaryDividend |
| Mar 30, 2010 | $0.016 | OrdinaryDividend |
| Jun 30, 2009 | $0.018 | OrdinaryDividend |
| Mar 31, 2009 | $0.043 | OrdinaryDividend |
| Jun 30, 2008 | $0.021 | OrdinaryDividend |
| Mar 31, 2008 | $0.022 | OrdinaryDividend |
| Dec 26, 2007 | $0.055 | OrdinaryDividend |
| Jun 29, 2007 | $0.047 | OrdinaryDividend |
| Mar 30, 2007 | $0.024 | OrdinaryDividend |
| Dec 29, 2006 | $0.041 | OrdinaryDividend |
| Dec 01, 2006 | $0.216 | CapitalGainLongTerm |
| Dec 30, 2005 | $0.007 | OrdinaryDividend |
| Sep 30, 2005 | $0.034 | OrdinaryDividend |
| Dec 01, 2004 | $0.997 | CapitalGainLongTerm |
| Dec 31, 2003 | $0.040 | OrdinaryDividend |
| Sep 30, 2003 | $0.020 | OrdinaryDividend |
| Jun 30, 2003 | $0.020 | OrdinaryDividend |
| Mar 31, 2003 | $0.071 | OrdinaryDividend |
| Dec 31, 2002 | $0.012 | OrdinaryDividend |
| Dec 31, 2001 | $0.013 | OrdinaryDividend |
| Dec 29, 1998 | $0.004 | OrdinaryDividend |
JASCX - Fund Manager Analysis
Managers
R. Culpepper
Start Date
Tenure
Tenure Rank
Oct 02, 1998
23.68
23.7%
R. Brian Culpepper joined James Investment Research in 1995, and is a Vice President and portfolio manager. Mr. Culpepper is a member of the Investment Committee and is involved in equity research. He is a graduate of Wright State University in Dayton, Ohio where he earned a double Bachelor of Science degree in Management Information Systems and Management in 1995 and an MBA in 2005. Mr. Culpepper also holds the Chartered Mutual Fund Counselor (CMFC) designation.
Ann Shaw
Start Date
Tenure
Tenure Rank
Oct 02, 1998
23.68
23.7%
Ann M. Shaw, CFP, joined James Investment Research in 1978 and is the Chief Operating Officer and a portfolio manager. She is a senior member of the Investment Committee and is involved in security analysis and client service. Ms. Shaw received her Bachelor’s Degree from Capital University.
Barry James
Start Date
Tenure
Tenure Rank
Oct 02, 1998
23.68
23.7%
Barry R. James, CFA, CIC, is President and Chief Executive Officer of James Investment Research, a portfolio manager, and is a senior member of the Investment Committee. He is President of the James Advantage Funds. He received his undergraduate degree from the United States Air Force Academy and his Master’s Degree from Boston University. He joined JIR in its beginning years before a tour of duty as an officer with the United States Air Force. He returned to JIR in 1986. Mr. James currently oversees the management of James Investment Research and holds a CFA charter.
Brian Shepardson
Start Date
Tenure
Tenure Rank
Dec 31, 2001
20.43
20.4%
When it comes to portfolio management, Brian emphasizes applying James’ established process of team active management. Each portfolio is tailored to your specific goals and objectives, which vary from client to client. The amount of risk taken depends solely on these constraints. He helps design those approximate risk levels and continually fine tunes them as your objectives change over time. Brian’s leadership and team contributions encompass private portfolio management, analysis, fixed income, James’ product/style management and JAF Board of Trustee affairs. His tactical approach is to invest not to sell a product, but rather to better the client. He is committed to your success and finds it rewarding when a client has a specific goal or funding need and James’ helps them achieve that goal. Brian enjoys it when clients withdraw money in order to spend it, because that’s usually why they started in the first place.
Trent Dysert
Start Date
Tenure
Tenure Rank
Nov 01, 2014
7.58
7.6%
Trent D. Dysert, CFA, joined James Investment Research in 2006 and is a portfolio manager and Investment Committee member. Mr. Dysert is involved in market and equity research. He is a graduate of the University of Dayton and earned a Bachelor of Science degree in Finance. Mr. Dysert holds a CFA charter. Prior to joining JIR, Mr. Dysert worked at Ameriprise Financial.
Moustapha Mounah
Start Date
Tenure
Tenure Rank
Feb 25, 2022
0.26
0.3%
A member of your research and investment committee teams, Moustapha’s work helps James’ better analyze opportunity and risk levels of the general market and individual stocks. Moustapha’s overall focus is on examining the equity market. He is especially well versed in the energy sector which can present unique risks and rewards. His distinctive experience and depth of knowledge of the volatile energy market augment data when examining which factors potentially move oil prices and how industries in the sector are impacted. His favorite projects involve specialized or innovative research to find solutions in previously unexplored areas. Moustapha enjoys the assortment of new and different challenges and is always following a pursuit of knowledge. He finds helping clients through the process of exploring and testing new concepts rewarding. Moustapha joined the firm in 2017. Energy Risk Professional (ERP) - Certified by the Global Association of Risk Professionals (GARP) Chartered Financial Analyst (CFA) M.B.A. Finance, Wright State University M.S. Mineral and Energy Economics, Colorado School of Mines (CSM) M.S. Petroleum Economics and Management, IFP, France B.S. Mining Engineering, Colorado School of Mines (CSM)
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.23 | 3.58 |
