Cambiar Small Cap Fund

Scorecard
3 / 5 Stars
Lipper
3 3 2 2 2
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#106 in Small Blend

U.S. News evaluated 227 Small Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Cambiar Funds funds

See full Small Blend rankings

See more fund rankings

Performance

The fund has returned 27.34 percent over the past year, 12.33 percent over the past three years, and 28.13 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 0.3%
1 Year 27.3%
3 Years (Annualized) 12.3%
5 Years (Annualized) 28.1%
10 Years (Annualized) N/A

See more CAMSX performance

Summary

Cambiar Small Cap has been on a tear lately.

As of March 05, 2014, the fund has assets totaling almost $1.40 billion invested in 55 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 27.34 percent over the past year, 12.33 percent over the past three years, and 28.13 percent over the past five years.

Investment Strategy

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.

Management

A team of five managers runs the fund. 

Fees

Cambiar Small Cap Fund has an expense ratio of 1.30 percent. 

See more CAMSX fees

Risk

Like all stock funds, this one comes with some risks.

See more CAMSX risk

See Also:

Top Cambiar Funds Funds