Advisors Capital Small/Mid Cap

Frequently Asked Questions About ACSMX

What does ACSMX invest in?

The fund typically allocates a minimum of 80% of its total assets (including any capital borrowed for investment purposes) to equity securities of small and mid-sized companies. While its primary focus is on U.S.-based businesses, it also has the discretion to invest in non-U.S. issuers. The Sub-Advisor's investment approach emphasizes a long-term perspective, seeking out dynamic companies that are believed to possess attractive valuations, robust financial structures, distinct competitive advantages, consistent growth in free cash flow, and leadership characterized by integrity and competence.

What is the expense ratio of ACSMX?

Advisors Capital Small/Mid Cap (ACSMX) charges an expense ratio of 1.87%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ACSMX?

Advisors Capital Small/Mid Cap (ACSMX) manages $130.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ACSMX actively managed or an index fund?

ACSMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ACSMX launched?

Advisors Capital Small/Mid Cap (ACSMX) launched in February 2003 and is managed by the fund issuer.

How has ACSMX performed?

ACSMX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.