5 / 5 Stars
5 5 3 2 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#2 in Small Value
U.S. News evaluated 117 Small Value 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 33.54 percent over the past year, 14.73 percent over the past three years, and 28.10 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.7%|
|3 Years (Annualized)||14.7%|
|5 Years (Annualized)||28.1%|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the fund's investment advisor. Small capitalization companies are defined by the investment advisor as companies with market capitalizations of less than $3 billion at acquisition. Under normal circumstances, at least 80% of the fund's total assets will be invested in common stocks of small capitalization companies. The fund may invest up to 15% of its total assets in sponsored American Depositary Receipts ("ADRs") issued by foreign companies.
Fees are High compared to funds in the same category.
Adirondack Small Cap Fund has an expense ratio of 1.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.