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Morningstar

Adirondack Small Cap ADKSX

Morningstar Medalist Rating
Medalist Rating as of | See Adirondack Investment Hub
  • NAV / 1-Day Return 24.19  /  2.54 %
  • Total Assets 33.3 Mil
  • Adj. Expense Ratio
    1.480%
  • Expense Ratio 1.480%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Small Value
  • Investment Style Small Value
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield —
  • Turnover 28%

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:16 PM GMT+0

Morningstar’s Analysis ADKSX

Will ADKSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADKSX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ADKSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ADKSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Decreased confidence in Adirondack Small Cap's prospects relative to its Morningstar Category peers results in a downgrade in this strategy's Morningstar Medalist Rating to Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ADKSX

More ADKSX Holdings
  • Current Portfolio Date
  • Equity Holdings 48
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 35.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

5.27
1,800,634
Cash and Equivalents

O-I Glass Inc

4.52
1,544,825
Consumer Cyclical

SiriusPoint Ltd

3.77
1,288,960
Financial Services

National Western Life Group Inc Class A

3.61
1,234,213
Financial Services

LSI Industries Inc

3.60
1,230,780
Technology

Dole

3.54
1,207,782
—

Celestica Inc Shs Sub-Voting

3.53
1,206,676
Technology

Conduent Inc

3.52
1,203,393
Technology

Tiptree Inc

3.44
1,174,683
Financial Services

Trustco Bank Corp N Y

3.16
1,079,570
Financial Services