- What does SMAYX invest in?
- Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of small companies. It will primarily seek to purchase securities believed to have attractive growth and appreciation potential. For the purposes of this fund, a small company is a company with a market capitalization in the range of companies in the Russell 2000 Index, as determined at the time of purchase.
- What is the expense ratio of SMAYX?
- Small Cap Growth Fund Class Y (SMAYX) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SMAYX?
- Small Cap Growth Fund Class Y (SMAYX) manages $312.5M 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 SMAYX actively managed or an index fund?
- SMAYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SMAYX's is 0.99%) because there's no security selection cost.
- When was SMAYX launched?
- Small Cap Growth Fund Class Y (SMAYX) launched in November 2015 and is managed by the fund issuer.
- How has SMAYX performed?
- SMAYX'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.
