# William Blair Small Cap Value Fund Class I (ICSCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/icscx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1999-09-30 The William Blair Small Cap Value Fund Class I endeavors to generate long-term growth for its investors' capital. Under typical market circumstances, the fund commits a substantial portion – specifically, at least 80% – of its net assets (which includes any capital obtained through borrowing for investment) to the stock holdings of small-capitalization companies. For the purposes of this fund, the adviser considers a company to be small-cap if its market value is equivalent to or less than that of the largest constituent within the Russell 2000® Index at the time of purchase. ## Key Facts | Metric | Value | |---|---| | Price | $35.30 | | Expense Ratio | 0.89% | | Assets Under Management | $1.00B | | NAV | $35.30 | | Holdings Count | — | | Distribution Yield (TTM) | 1.93% | | Annual Distribution (TTM) | $0.68 /share | | Distribution Frequency | Annual | | 52-Week Range | $28.34 – $37.29 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.6798 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-19 ## Frequently Asked Questions ### What does ICSCX invest in? The William Blair Small Cap Value Fund Class I endeavors to generate long-term growth for its investors' capital. Under typical market circumstances, the fund commits a substantial portion – specifically, at least 80% – of its net assets (which includes any capital obtained through borrowing for investment) to the stock holdings of small-capitalization companies. For the purposes of this fund, the adviser considers a company to be small-cap if its market value is equivalent to or less than that of the largest constituent within the Russell 2000® Index at the time of purchase. ### What is the expense ratio of ICSCX? William Blair Small Cap Value Fund Class I (ICSCX) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ICSCX? William Blair Small Cap Value Fund Class I (ICSCX) manages $1.00B 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 ICSCX actively managed or an index fund? ICSCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ICSCX's is 0.89%) in exchange for the discretion to over- or under-weight positions. ### When was ICSCX launched? William Blair Small Cap Value Fund Class I (ICSCX) launched in September 1999 and is managed by the fund issuer. ### How has ICSCX performed? ICSCX'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 ICSCX pay a dividend? William Blair Small Cap Value Fund Class I (ICSCX) currently distributes little or no income. Trailing-twelve-month yield is 1.93%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ICSCX pay dividends? William Blair Small Cap Value Fund Class I pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ICSCX's dividend yield? ICSCX's trailing-twelve-month yield is 1.93%, calculated from the sum of dividends over the past year divided by the current price. ### When is ICSCX's next ex-dividend date? The most recently announced ex-dividend date for ICSCX was 2025-12-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will ICSCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.89% 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 ICSCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from ICSCX'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 ICSCX cost more than a fund like VOO? ICSCX is actively managed (current expense ratio 0.89%). 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 ICSCX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ICSCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as ICSCX (0.89%) 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/icscx - Distribution history: https://www.dividenddata.com/funds/icscx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/icscx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/icscx/expenses - Peer comparison: https://www.dividenddata.com/funds/icscx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.