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RBC SMID Cap Growth Fund
mutual fund
TMCAX
Payout Change
Pending
Price as of:
$12.63
-0.22
-1.71%
primary theme
U.S. Mid-Cap Growth Equity
share class
TMCAX (Mutual Fund)
RBC SMID Cap Growth Fund
Payout Change
Pending
Price as of:
$12.63
-0.22
-1.71%
primary theme
U.S. Mid-Cap Growth Equity
share class
TMCAX (Mutual Fund)
RBC SMID Cap Growth Fund
Payout Change
Pending
Price as of:
$12.63
-0.22
-1.71%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/19/2024Price
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
5.0%
1 yr return
5.2%
3 Yr Avg Return
11.8%
5 Yr Avg Return
8.4%
Net Assets
$152 M
Holdings in Top 10
22.0%
52 WEEK LOW AND HIGH
$12.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
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
TMCAX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return 11.8%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.54%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameRBC SMID Cap Growth Fund
-
Fund Family NameRBC Global Asset Management.
-
Inception DateDec 31, 1990
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKenneth Tyszko
Fund Description
The Fund seeks long-term capital appreciation by normally investing at least 80% of its assets in common stocks of small- and mid-capitalization growth companies that fall within the market capitalization range of the Russell 2500™ Growth Index at the time of investment. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. As of December 31, 2023, the market capitalization range for the Russell 2500™ Growth Index was approximately $16.95 million to $20.87 billion. The Advisor uses a bottom-up investment approach employing fundamental analysis to identify individual companies for inclusion in the Fund’s portfolio.
In analyzing companies for investment, the Advisor looks for, among other things, companies that it believes have:
| • | Positive future revenue and earnings growth prospects |
| • | Consistent financial results |
| • | High returns on equity and profit margins relative to industry peers |
| • | A strong balance sheet |
| • | Attractive valuation metrics |
In addition, the Advisor prefers companies that it believes possess the following qualitative characteristics:
| • | Superior company management |
| • | A stable and durable business model |
The Fund’s portfolio will normally consist of approximately 65 to 80 companies.
As part of the investment process, the Advisor takes material environmental, social and governance (“ESG”) factors into account through an integrated approach within the investment team’s fundamental investment analysis framework. Material ESG factors are considered with respect to many companies in which the Fund may invest in order to identify issuers the Advisor believes will be materially impacted by such factors. Material ESG factors may be some of the many factors considered in making investment decisions. The Advisor’s determination of the ESG criteria to apply, and the assessment of the ESG characteristics of an issuer or industry, may differ from the criteria or assessment applied by other investors. As a result, the Fund may invest in issuers that do not reflect what may be considered to be positive ESG characteristics or ESG values of any particular investor. Moreover, the methodology used to integrate material ESG factors may not eliminate the possibility of the Fund having exposure to issuers that exhibit negative ESG characteristics and may change over time.
TMCAX - Performance
Return Ranking - Trailing
| Period | TMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -2.0% | 90.1% | 87.38% |
| 1 Yr | 5.2% | -2.3% | 86.3% | 80.00% |
| 3 Yr | 11.8%* | -14.9% | 58.0% | 36.08% |
| 5 Yr | 8.4%* | -2.9% | 101.0% | 58.04% |
| 10 Yr | 11.3%* | 2.3% | 24.4% | 20.88% |
* Annualized
Return Ranking - Calendar
| Period | TMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.0% | -27.7% | 68.0% | 68.29% |
| 2022 | -24.3% | -85.6% | 52.8% | 13.70% |
| 2021 | -7.0% | -74.9% | 238.3% | 68.95% |
| 2020 | 16.5% | -44.1% | 2474.5% | 80.00% |
| 2019 | 23.2% | -50.2% | 44.0% | 64.73% |
Total Return Ranking - Trailing
| Period | TMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -2.0% | 90.1% | 87.38% |
| 1 Yr | 5.2% | -2.3% | 86.3% | 80.00% |
| 3 Yr | 11.8%* | -14.9% | 58.0% | 36.08% |
| 5 Yr | 8.4%* | -2.9% | 101.0% | 58.04% |
| 10 Yr | 11.3%* | 2.3% | 24.4% | 20.88% |
* Annualized
Total Return Ranking - Calendar
| Period | TMCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.0% | -26.1% | 68.0% | 74.90% |
| 2022 | -16.9% | -67.0% | 56.8% | 9.59% |
| 2021 | 22.4% | -23.5% | 342.2% | 11.09% |
| 2020 | 20.1% | 2.6% | 2549.1% | 90.42% |
| 2019 | 33.7% | 14.6% | 44.8% | 50.97% |
NAV & Total Return History
TMCAX - Holdings
Concentration Analysis
| TMCAX | Category Low | Category High | TMCAX % Rank | |
|---|---|---|---|---|
| Net Assets | 152 M | 2.73 M | 100 B | 83.14% |
| Number of Holdings | 78 | 24 | 3569 | 52.71% |
| Net Assets in Top 10 | 37.5 M | 635 K | 11.3 B | 84.88% |
| Weighting of Top 10 | 21.98% | 4.5% | 97.8% | 76.16% |
Top 10 Holdings
- TechnipFMC PLC 2.86%
- Merit Medical Systems Inc 2.41%
- Integer Holdings Corp 2.40%
- Tetra Tech Inc 2.32%
- RBC BlueBay US Government Money Market Fund 2.27%
- Onto Innovation Inc 2.08%
- Burlington Stores Inc 1.97%
- Ollie's Bargain Outlet Holdings Inc 1.93%
- Woodward Inc 1.91%
- CyberArk Software Ltd 1.84%
Asset Allocation
| Weighting | Return Low | Return High | TMCAX % Rank | |
|---|---|---|---|---|
| Stocks | 97.81% | 58.72% | 103.99% | 63.95% |
| Cash | 2.27% | 0.00% | 28.07% | 34.69% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 46.71% |
| Other | 0.00% | -0.11% | 14.45% | 55.81% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 39.15% |
| Bonds | 0.00% | 0.00% | 2.73% | 43.80% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TMCAX % Rank | |
|---|---|---|---|---|
| Technology | 35.40% | 0.04% | 62.17% | 25.19% |
| Industrials | 18.66% | 0.00% | 38.23% | 17.25% |
| Healthcare | 18.26% | 0.00% | 37.06% | 44.77% |
| Consumer Cyclical | 9.69% | 0.00% | 57.41% | 81.78% |
| Financial Services | 5.90% | 0.00% | 43.01% | 56.20% |
| Basic Materials | 4.30% | 0.00% | 17.25% | 17.05% |
| Communication Services | 2.99% | 0.00% | 18.33% | 48.84% |
| Consumer Defense | 2.48% | 0.00% | 16.40% | 43.22% |
| Real Estate | 2.33% | 0.00% | 19.28% | 52.52% |
| Utilities | 0.00% | 0.00% | 12.94% | 54.46% |
| Energy | 0.00% | 0.00% | 62.10% | 76.94% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TMCAX % Rank | |
|---|---|---|---|---|
| US | 97.81% | 46.79% | 103.99% | 56.01% |
| Non US | 0.00% | 0.00% | 34.12% | 54.84% |
TMCAX - Expenses
Operational Fees
| TMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.25% | 0.02% | 17.54% | 34.50% |
| Management Fee | 0.70% | 0.00% | 1.50% | 42.91% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.40% |
| Administrative Fee | N/A | 0.00% | 0.40% | 34.82% |
Sales Fees
| TMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.00% | 5.75% | 22.22% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| TMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 4.00% |
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.
| TMCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 0.00% | 250.31% | 33.76% |
TMCAX - Distributions
Dividend Yield Analysis
| TMCAX | Category Low | Category High | TMCAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 51.55% |
Dividend Distribution Analysis
| TMCAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
| TMCAX | Category Low | Category High | TMCAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.54% | -2.24% | 2.75% | 46.26% |
Capital Gain Distribution Analysis
| TMCAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.311 | CapitalGainLongTerm |
| Dec 21, 2022 | $1.040 | CapitalGainLongTerm |
| Dec 21, 2021 | $4.243 | CapitalGainLongTerm |
| Dec 22, 2020 | $0.464 | CapitalGainLongTerm |
| Dec 19, 2019 | $1.098 | CapitalGainLongTerm |
| Dec 20, 2018 | $1.113 | CapitalGainLongTerm |
| Dec 21, 2017 | $3.106 | CapitalGainLongTerm |
| Dec 22, 2016 | $1.044 | CapitalGainLongTerm |
| Dec 22, 2015 | $1.538 | CapitalGainLongTerm |
| Dec 19, 2014 | $2.483 | CapitalGainLongTerm |
| Dec 20, 2013 | $1.162 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.004 | CapitalGainShortTerm |
| Dec 20, 2012 | $1.763 | CapitalGainLongTerm |
TMCAX - Fund Manager Analysis
Managers
Kenneth Tyszko
Start Date
Tenure
Tenure Rank
Oct 13, 2009
12.64
12.6%
Within RBC Global Asset Management (U.S.), Ken is responsible for Small-, SMid- and Mid-Cap Growth research and portfolio management. His industry experience includes portfolio management responsibilities at Oberweis Asset Management, ABN AMRO Asset Management (USA) Inc. and Sears Investment Management Company. Ken holds a Bachelor of Science degree in accountancy from the University of Illinois; he is certified as a CPA and is a CFA charterholder.
Richard Drage
Start Date
Tenure
Tenure Rank
Jan 28, 2021
1.34
1.3%
Richard Drage, Portfolio Manager at the Advisor since 2013 and Senior Equity Analyst at the Advisor, 2009-2013. BA Northwestern University, MS DePaul University, CPA, CFA charter holder
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
