Frequently Asked Questions About BRSIX

What does BRSIX invest in?

The Bridgeway Ultra-Small Company Market Fund primarily focuses its investments, allocating at least 80% of its net assets (including any funds borrowed for investment purposes), to equities of ultra-small companies, the size of which is determined at the moment of acquisition. Its overarching goal is to emulate the total return performance of the CRSP Cap-Based Portfolio 10 Index, a benchmark published by CRSP (the Center for Research in Security Prices, LLC), an entity affiliated with the University of Chicago, over extended periods. To achieve this, the fund's Adviser implements a strategy of investing in a carefully selected, representative subset of the companies found within that index.

What is the expense ratio of BRSIX?

Bridgeway Ultra- Small Company Market Fund (BRSIX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

Is BRSIX a good long-term hold?

BRSIX is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does BRSIX's daily reset work?

BRSIX rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is BRSIX?

Bridgeway Ultra- Small Company Market Fund (BRSIX) manages $148.1M 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 BRSIX actively managed or an index fund?

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

BRSIX (Bridgeway Ultra- Small Company Market Fund) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference, not a current-day signal.

BRSIX

Bridgeway Ultra- Small Company Market Fund

NASDAQ·Asset Management · Financial Services

$16.14$0.15−0.92%

Market closed·Aug 13 4:00 PM EDT

Price Chart

$16.14−$0.15 (−0.92%)today

−12.66%CAGR −2.67%

Select date range

FromTo

Jul 31, 1997Oct 23, 2021 → Oct 23, 2026· 5.0 yrsOct 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$2.45

Distribution Yield (FWD)15.16%

Annual Distribution (TTM)$1.38

Distribution Yield (TTM)8.56%

Distribution Growth (5Y)+38.1%

FrequencySemi-Annual

Most Recent$1.22

Ex-Dividend DateJul 16

Payment DateJul 16

DiversificationDiversification Tab

Holdings542

Top 10 Weight15.2%

Top 25 Weight22.3%

Effective Holdings106

Sectors—

Largest HoldingDSVXX · 9.1%

Largest Sector—

Asset ClassEquity

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio0.75%

Cost per 10k Invested$75.00

AUM$148.09M

Avg Daily Volume—

Price$16.14

NAV$16.14

Premium / Discount+0.00%

52-Week Range$13.50 – $18.96

Beta0.97

Fund Overview

Cost Verdict

Is BRSIX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Leveraged
Inception: July 31, 1997
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US1087474037
CUSIP: 108747403
Website: www.bridgeway.com

Peers

Peers Tab

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Cap

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Cap

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CPEAX

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Cap

$123.7M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About BRSIX

What does BRSIX invest in?: The Bridgeway Ultra-Small Company Market Fund primarily focuses its investments, allocating at least 80% of its net assets (including any funds borrowed for investment purposes), to equities of ultra-small companies, the size of which is determined at the moment of acquisition. Its overarching goal is to emulate the total return performance of the CRSP Cap-Based Portfolio 10 Index, a benchmark published by CRSP (the Center for Research in Security Prices, LLC), an entity affiliated with the University of Chicago, over extended periods. To achieve this, the fund's Adviser implements a strategy of investing in a carefully selected, representative subset of the companies found within that index.
What is the expense ratio of BRSIX?: Bridgeway Ultra- Small Company Market Fund (BRSIX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
Is BRSIX a good long-term hold?: BRSIX is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does BRSIX's daily reset work?: BRSIX rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is BRSIX?: Bridgeway Ultra- Small Company Market Fund (BRSIX) manages $148.1M 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 BRSIX actively managed or an index fund?: BRSIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.