Managers Micro-Cap Fund Service Class (MMCFX)

46.78
Net Asset Value
+0.82%
1 Day
-2.36%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.62%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. micro-cap stocks. It generally considers a stock to be a micro-cap stock if, at the time of purchase, its market capitalization is within the range of capitalizations of companies in the Russell Microcap  Index. As of May 31, 2013, the range of market capitalizations for the Russell Microcap  Index was $30 million to $595.5 million. The fund may retain securities that it already has purchased even if the stock outgrows the capitalization limits.

Performance

1 month-6.35% 3 years+16.13%
3 months-5.05% 5 years+23.11%
1 year+39.01% Since inception+14.18%
Data through --

Peer Comparisonvs. Small growth

 MMCFXCategory
Performance 5-yr return+23.11%+24.46%
Expense ratio1.62%1.44%
Risk 5 year sharpe ratio1.321.28
Net assets$238.8M$872.8M
Average market cap$655.5M$2.8B
Average P/E22.928.0
Portfolio turnover96%96%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyManagers Funds
Fund manager & tenureDonald Longlet / 6 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock91.98%
Cash4.24%
International stock3.25%
Fixed income0.52%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 14.03%
Hardware 13.20%
Business service 12.32%
Consumer service 11.85%
Healthcare 11.15%
Top 10 Holdings
Portfolio weighting
FLDM Fluidigm Corporation1.41%
TYL Tyler Technologies, Inc.1.37%
ININ Interactive Intelligence Group Inc1.17%
ATRO Astronics Corporation1.15%
UEIC Universal Electronics Inc.1.10%
CSII Cardiovascular Systems, Inc.1.04%
EHTH eHealth, Inc.1.02%
CMCO Columbus McKinnon Corporation0.99%
RENT Rentrak Corporation0.97%
RNET RigNet, Inc.0.94%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.