# Jackson Square SMID-Cap Growth Fund (JSMVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jsmvx 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: 2016-09-19 The Jackson Square SMID-Cap Growth Fund allocates at least 80% of its total assets, including any funds acquired through borrowing, to equity investments in small and mid-sized companies. The advisor classifies these small and mid-capitalization firms based on their market capitalization at the time of acquisition, ensuring they fall within the range of companies comprising the Russell 2500® Growth Index. This fund is structured as a non-diversified investment. ## Key Facts | Metric | Value | |---|---| | Price | $19.26 | | Expense Ratio | 1.23% | | AUM (All Share Classes) | $107.7M | | NAV | $19.26 (2025-11-28 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $14.69 – $19.40 | | Beta | 1.21 | ## Latest Distribution - Amount: $6.0908 /share - Ex-date: 2021-12-16 - Pay date: 2021-12-16 ## Frequently Asked Questions ### What does JSMVX invest in? The Jackson Square SMID-Cap Growth Fund allocates at least 80% of its total assets, including any funds acquired through borrowing, to equity investments in small and mid-sized companies. The advisor classifies these small and mid-capitalization firms based on their market capitalization at the time of acquisition, ensuring they fall within the range of companies comprising the Russell 2500® Growth Index. This fund is structured as a non-diversified investment. ### What is the expense ratio of JSMVX? Jackson Square SMID-Cap Growth Fund (JSMVX) charges an expense ratio of 1.23%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JSMVX? Jackson Square SMID-Cap Growth Fund (JSMVX) is one share class of a fund that manages $107.7M across all of its share classes (DCGTX, JSMTX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JSMVX actively managed or an index fund? JSMVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JSMVX's is 1.23%) in exchange for the discretion to over- or under-weight positions. ### When was JSMVX launched? Jackson Square SMID-Cap Growth Fund (JSMVX) launched in September 2016 and is managed by the fund issuer. ### How has JSMVX performed? JSMVX'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 JSMVX pay a dividend? Jackson Square SMID-Cap Growth Fund (JSMVX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JSMVX pay dividends? Jackson Square SMID-Cap Growth Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JSMVX's dividend yield? JSMVX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is JSMVX's next ex-dividend date? The most recently announced ex-dividend date for JSMVX was 2021-12-16. 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 JSMVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.23% 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 JSMVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JSMVX'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 JSMVX cost more than a fund like VOO? JSMVX is actively managed (current expense ratio 1.23%). 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 JSMVX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JSMVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JSMVX (1.23%) 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/jsmvx - Distribution history: https://www.dividenddata.com/funds/jsmvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jsmvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jsmvx/expenses - Peer comparison: https://www.dividenddata.com/funds/jsmvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.