# abrdn Focused U.S. Small Cap Active ETF (AFSC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/afsc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Aberdeen Investments · Asset class: Active Equities - Strategy: Actively Managed · Inception: 1997-12-31 AFSC is an actively managed fund of US small-caps from any market sector and industry. The fund seeks to achieve its objective by evaluating individual companies against its quality criteria, which are 1) the durability of the business model, 2) the attractiveness of the industry, 3) financial strength, 4) management's capability, and 5) ESG factors impacting a company. Through fundamental research, the adviser aims to select those companies whose quality and future prospects are not yet fully recognized by the market. The fund will focus on holding a small number of stocks, approximately 3... ## Key Facts | Metric | Value | |---|---| | Price | $36.62 | | Expense Ratio | 1.09% | | Assets Under Management | $9.6M | | NAV | $36.27 | | Holdings Count | 0 | | Distribution Yield (TTM) | 0.06% | | Annual Distribution (TTM) | $0.02 /share | | Distribution Frequency | Irregular | | 52-Week Range | $28.91 – $40.06 | | Beta | 1.17 | ## Latest Distribution - Amount: $0.0236 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does AFSC invest in? AFSC is an actively managed fund of US small-caps from any market sector and industry. The fund seeks to achieve its objective by evaluating individual companies against its quality criteria, which are 1) the durability of the business model, 2) the attractiveness of the industry, 3) financial strength, 4) management's capability, and 5) ESG factors impacting a company. Through fundamental research, the adviser aims to select those companies whose quality and future prospects are not yet fully recognized by the market. The fund will focus on holding a small number of stocks, approximately 35 to 45 issuers. The fund may also invest in non-US companies, including primarily Canadian companies. AFSC was previously a mutual fund with $77 million in AUM prior to converting. ### What is the expense ratio of AFSC? abrdn Focused U.S. Small Cap Active ETF (AFSC) charges an expense ratio of 1.09%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is AFSC? abrdn Focused U.S. Small Cap Active ETF (AFSC) manages $9.6M 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 AFSC actively managed or an index fund? AFSC is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AFSC's is 1.09%) in exchange for the discretion to over- or under-weight positions. ### When was AFSC launched? abrdn Focused U.S. Small Cap Active ETF (AFSC) launched in December 1997 and is managed by Aberdeen Investments. ### How has AFSC performed? AFSC'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. ### Does AFSC pay a dividend? abrdn Focused U.S. Small Cap Active ETF (AFSC) currently distributes little or no income. Trailing-twelve-month yield is 0.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AFSC pay dividends? abrdn Focused U.S. Small Cap Active ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AFSC's dividend yield? AFSC's trailing-twelve-month yield is 0.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is AFSC's next ex-dividend date? The most recently announced ex-dividend date for AFSC was 2025-12-19. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will AFSC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AFSC charge its expense ratio? The expense ratio is deducted in tiny daily slices from AFSC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AFSC cost more than a fund like VOO? AFSC is actively managed (current expense ratio 1.09%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether AFSC's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AFSC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AFSC (1.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/afsc - Distribution history: https://www.dividenddata.com/funds/afsc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/afsc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/afsc/expenses - Peer comparison: https://www.dividenddata.com/funds/afsc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.