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Morningstar

RBC Microcap Value A TMVAX

Morningstar Medalist Rating
Medalist Rating as of | See RBC Investment Hub
  • NAV / 1-Day Return 25.02  /  0.32 %
  • Total Assets 101.3 Mil
  • Adj. Expense Ratio
    1.350%
  • Expense Ratio 1.350%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Small Value
  • Investment Style Small Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.02%
  • Turnover 26%

USD | NAV as of Sep 23, 2023 | 1-Day Return as of Sep 23, 2023, 12:18 AM GMT+0

Morningstar’s Analysis TMVAX

Will TMVAX 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 TMVAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TMVAX 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 TMVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin RBC Microcap Value A's Morningstar Medalist Rating of Silver.

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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TMVAX

More TMVAX Holdings
  • Current Portfolio Date
  • Equity Holdings 491
  • Bond Holdings 0
  • Other Holdings 21
  • % Assets in Top 10 Holdings 10.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US Govt Money Market RBC Instl 1

3.13
3,306,970
Cash and Equivalents

Federal Agricultural Mortgage Corp Class C

1.21
1,277,849
Financial Services

Enova International Inc

1.15
1,213,261
Financial Services

Ducommun Inc

1.14
1,209,503
Industrials

Oil-Dri Corp of America

1.10
1,157,974
Basic Materials

National Western Life Group Inc Class A

1.05
1,105,390
Financial Services

M/I Homes Inc

1.02
1,079,412
Consumer Cyclical

Consumer Portfolio Services Inc

0.99
1,043,800
Financial Services

North American Construction Group Ltd

0.98
1,031,872
Energy

Beazer Homes USA Inc

0.94
998,637
Consumer Cyclical