3 / 5 Stars
4 4 2 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#57 in Small Blend
U.S. News evaluated 229 Small Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 25.61 percent over the past year, 13.90 percent over the past three years, and 22.27 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.3%|
|3 Years (Annualized)||13.9%|
|5 Years (Annualized)||22.3%|
|10 Years (Annualized)||N/A|
Cambiar Small Cap has been on a tear lately.
As of July 03, 2014, the fund has assets totaling almost $1.44 billion invested in 53 different holdings. Its portfolio consists primarily of shares of small and midsized companies.
Since 2009, this fund has been putting together blockbuster numbers. After the market bottomed out in March 2009, this fund came roaring back, finishing the year with a 45 percent return. The hot streak continued last year, with the fund's 36 percent gain earning it a double-digit premium over both the broader market and the average for Morningstar's small-blend category. Lately, the fund has been striking gold in the hardware sector. Take, for instance, Triquint Semiconductor, which returned upwards of 90 percent in 2010. In picking stocks, management employs both value and growth strategies. On the one hand, management likes companies that are trading at a discount. But at the same time, the fund also actively looks for short-term catalysts that could spur significant growth. This blend strategy has served the fund well since its 2004 inception. Notably, its three-year annualized returns, as of the end of the first quarter, rank among the top 4 percent of its Morningstar category. The fund has returned 25.61 percent over the past year, 13.90 percent over the past three years, and 22.27 percent over the past five years.
The fund employs a blend strategy, meaning that both value and growth metrics are considered. Management will often sell or scale back a holding when it reaches its target price or experiences unsustainable growth. Relative to its peers, the fund sports a fairly hefty overweight to mid-cap companies, which as of December 2010 represented 47 percent of its portfolio.
Role in Portfolio
This fund could lend support to a well-balanced portfolio.
A team of five managers runs the fund.
Cambiar Small Cap Fund has an expense ratio of 1.30 percent.
Like all stock funds, this one comes with some risks.