- What does XPMSX invest in?
- This specialized investment fund operates as a focused, closed-end vehicle, directing its capital towards assets found in the private markets. Its primary objective is to cultivate substantial growth in value over an extended period, while also committed to delivering consistent income to its investors through distributions paid out every three months.
- What is the expense ratio of XPMSX?
- Conversus StepStone Private Markets Class S (XPMSX) charges an expense ratio of 2.45%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is XPMSX?
- Conversus StepStone Private Markets Class S (XPMSX) manages $1.31B 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 XPMSX actively managed or an index fund?
- XPMSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was XPMSX launched?
- Conversus StepStone Private Markets Class S (XPMSX) launched in July 2023 and is managed by the fund issuer.
- How has XPMSX performed?
- XPMSX'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.
