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RMB Fund
RMBJX (Mutual Fund)
RMB Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.6%
1 yr return
25.6%
3 Yr Avg Return
4.2%
5 Yr Avg Return
11.5%
Net Assets
$116 M
Holdings in Top 10
45.1%
52 WEEK LOW AND HIGH
$27.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.99%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RMBJX - Profile
Distributions
- YTD Total Return 10.6%
- 3 Yr Annualized Total Return 4.2%
- 5 Yr Annualized Total Return 11.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameRMB Fund
-
Fund Family NameRMB Funds
-
Inception DateFeb 01, 2017
-
Shares Outstanding78205
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTodd Griesbach
Fund Description
The Fund pursues its investment objective by investing in a diverse portfolio primarily consisting of common stocks of U.S. companies.
The Fund generally invests in high quality companies of all market capitalizations with a focus on businesses that have sustainable, long term competitive advantages. Portfolio companies may range from small and mid-sized businesses that are earlier in their growth life cycle, to larger more mature companies that return capital to shareholders through increasing dividend payments and share buy-backs. High quality companies are generally defined as companies with product leadership, that have potential for sustained operating and revenue growth and that are run by strong management teams that allocate shareholder capital wisely and align their economic interests with shareholders. The Fund employs a long-term approach when selecting stocks and seeks to own businesses that have durable franchises that can weather the ups and downs of volatile business cycles.
From time to time, the Fund may invest in companies that are experiencing unusual and possibly unique developments. Potential investments in the stock of these companies are usually the result of companies uncovered in the research process that do not meet the criteria employed by the Fund but may have opportunities for significant returns. These companies are deemed “special situations.” Special situations include companies going through reorganizations, recapitalizations, mergers, spin-offs, or facing resolutions of litigation, management team changes, or significant technological improvements or discoveries.
The Fund’s investment strategy seeks to build wealth over time by purchasing the stock of high quality growth companies that are deemed to be trading below their intrinsic value. The Fund’s portfolio is constructed on a stock by stock basis. Position sizes are determined based on current portfolio characteristics, valuation, the risk/reward profile and confidence in the company. The Fund may consider larger macro-economic trends, and will occasionally pursue investment themes across multiple holdings, when constructing the portfolio. The Fund seeks to manage risk by diversifying its holdings across sectors and industries. The Fund typically owns 30-40 stocks which is intended to allow for enough diversification to minimize risk, but enough concentration to allow the highest conviction ideas to impact the portfolio. A position will be sold if a core tenet for ownership has been violated, if valuation discounts substantially all of the upside of a company, or if a better use of capital presents itself.
RMBJX - Performance
Return Ranking - Trailing
| Period | RMBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -1.1% | 38.3% | 95.50% |
| 1 Yr | 25.6% | 6.7% | 59.6% | 97.39% |
| 3 Yr | 4.2%* | -28.1% | 24.6% | 77.09% |
| 5 Yr | 11.5%* | -12.7% | 30.1% | 90.70% |
| 10 Yr | 9.8%* | -4.4% | 19.5% | 92.52% |
* Annualized
Return Ranking - Calendar
| Period | RMBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | -74.1% | 72.4% | 88.52% |
| 2022 | -30.4% | -85.9% | 4.7% | 29.32% |
| 2021 | 19.7% | -52.4% | 60.5% | 16.23% |
| 2020 | 8.3% | -34.3% | 145.0% | 96.63% |
| 2019 | 33.4% | -6.9% | 49.4% | 10.91% |
Total Return Ranking - Trailing
| Period | RMBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -1.1% | 38.3% | 95.50% |
| 1 Yr | 25.6% | 6.7% | 59.6% | 97.39% |
| 3 Yr | 4.2%* | -28.1% | 24.6% | 77.09% |
| 5 Yr | 11.5%* | -12.7% | 30.1% | 90.70% |
| 10 Yr | 9.8%* | -4.4% | 19.5% | 92.52% |
* Annualized
Total Return Ranking - Calendar
| Period | RMBJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.3% | -4.6% | 72.4% | 92.77% |
| 2022 | -21.8% | -61.7% | 5.6% | 16.18% |
| 2021 | 29.0% | -39.8% | 118.1% | 10.30% |
| 2020 | 15.1% | 2.8% | 149.2% | 97.79% |
| 2019 | 36.1% | -5.2% | 49.4% | 23.94% |
NAV & Total Return History
RMBJX - Holdings
Concentration Analysis
| RMBJX | Category Low | Category High | RMBJX % Rank | |
|---|---|---|---|---|
| Net Assets | 116 M | 292 K | 287 B | 88.43% |
| Number of Holdings | 42 | 2 | 3143 | 76.03% |
| Net Assets in Top 10 | 51.2 M | 109 K | 151 B | 88.69% |
| Weighting of Top 10 | 45.07% | 0.7% | 205.0% | 76.60% |
Top 10 Holdings
- Microsoft Corp 10.89%
- Alphabet Inc 8.38%
- Amazon.com Inc 5.62%
- Apple Inc 4.38%
- Visa Inc 3.85%
- Keurig Dr Pepper Inc 2.50%
- TJX Cos Inc/The 2.50%
- SP Global Inc 2.41%
- Tyler Technologies Inc 2.28%
- Synopsys Inc 2.25%
Asset Allocation
| Weighting | Return Low | Return High | RMBJX % Rank | |
|---|---|---|---|---|
| Stocks | 99.72% | 0.00% | 115.30% | 17.15% |
| Cash | 0.34% | 0.00% | 173.52% | 75.31% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 86.71% |
| Other | 0.00% | -31.50% | 50.35% | 85.73% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 85.97% |
| Bonds | 0.00% | 0.00% | 103.97% | 86.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RMBJX % Rank | |
|---|---|---|---|---|
| Technology | 28.03% | 0.00% | 65.70% | 75.00% |
| Financial Services | 20.63% | 0.00% | 43.06% | 4.23% |
| Healthcare | 17.17% | 0.00% | 39.76% | 14.93% |
| Consumer Defense | 9.88% | 0.00% | 25.50% | 4.77% |
| Consumer Cyclical | 9.26% | 0.00% | 62.57% | 88.13% |
| Communication Services | 7.11% | 0.00% | 66.40% | 80.13% |
| Industrials | 5.65% | 0.00% | 30.65% | 57.82% |
| Real Estate | 2.26% | 0.00% | 16.05% | 25.36% |
| Utilities | 0.00% | 0.00% | 16.07% | 89.93% |
| Energy | 0.00% | 0.00% | 41.09% | 93.79% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 95.77% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RMBJX % Rank | |
|---|---|---|---|---|
| US | 99.72% | 0.00% | 115.30% | 13.02% |
| Non US | 0.00% | 0.00% | 75.51% | 89.41% |
RMBJX - Expenses
Operational Fees
| RMBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.99% | 0.01% | 28.71% | 7.12% |
| Management Fee | 0.60% | 0.00% | 1.50% | 48.73% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 98.61% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| RMBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 92.00% |
Trading Fees
| RMBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.75% | 2.00% | 33.09% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RMBJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 0.00% | 316.74% | 13.73% |
RMBJX - Distributions
Dividend Yield Analysis
| RMBJX | Category Low | Category High | RMBJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 20.22% |
Dividend Distribution Analysis
| RMBJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| RMBJX | Category Low | Category High | RMBJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.77% | -6.13% | 3.48% | 79.63% |
Capital Gain Distribution Analysis
| RMBJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.001 | OrdinaryDividend |
| Dec 14, 2023 | $0.490 | CapitalGainLongTerm |
| Dec 13, 2022 | $2.669 | OrdinaryDividend |
| Dec 13, 2021 | $2.275 | OrdinaryDividend |
| Dec 10, 2020 | $1.497 | OrdinaryDividend |
| Dec 12, 2019 | $0.145 | CapitalGainShortTerm |
| Dec 12, 2019 | $0.312 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.001 | CapitalGainShortTerm |
| Dec 13, 2018 | $2.085 | CapitalGainLongTerm |
| Dec 15, 2017 | $8.141 | CapitalGainLongTerm |
| Dec 15, 2016 | $9.499 | CapitalGainLongTerm |
| Dec 07, 2015 | $0.019 | CapitalGainShortTerm |
| Dec 07, 2015 | $3.407 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.064 | CapitalGainShortTerm |
| Dec 18, 2014 | $1.861 | CapitalGainLongTerm |
| Dec 19, 2013 | $0.268 | CapitalGainShortTerm |
| Dec 19, 2013 | $2.210 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.962 | CapitalGainLongTerm |
| Dec 16, 2011 | $1.204 | CapitalGainLongTerm |
| Dec 16, 2010 | $0.190 | OrdinaryDividend |
| Dec 17, 2008 | $0.272 | CapitalGainLongTerm |
| Dec 14, 2007 | $1.105 | CapitalGainLongTerm |
| Dec 15, 2006 | $0.347 | CapitalGainShortTerm |
| Dec 15, 2006 | $1.782 | CapitalGainLongTerm |
| Dec 15, 2005 | $0.049 | CapitalGainShortTerm |
| Dec 15, 2005 | $0.984 | CapitalGainLongTerm |
| Dec 28, 2004 | $0.160 | OrdinaryDividend |
RMBJX - Fund Manager Analysis
Managers
Todd Griesbach
Start Date
Tenure
Tenure Rank
Jul 01, 2016
5.92
5.9%
Todd Griesbach, CFA has had primary day-to-day responsibility for RMB Fund’s portfolio since July 2016. Mr. Griesbach is a Senior Vice President and Portfolio Manager of the Adviser since 2011.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.24 | 2.92 |
