Small Cap Funds
Small cap investment funds provide opportunity for investors to grow their capital faster. This higher reward usually also involves higher risk for investors. These small cap stock funds typically invest in small size U.S. companies. There are 3 types of small cap funds such as small growth, small value, and small blend. The small growth funds invest in companies with high growth potential in term of metrics such as high book value, revenue, sales, etc.Mutual funds as part of investment funds are popular among many investors including retiree, long term investors, and short term investors.
Top Mutual Funds
From this best performing funds list, you may find each individual fund review. You can find the fund performance, expense ratio, and yield or dividend from the table below. The list is sorted based on its 1 year total return up to May 25, 2014.Best small growth mutual funds 2014 are:
- Satuit Capital US Smid Cap (SATDX)
- Oberweis Micro-Cap (OBMCX)
- Satuit Capital US Small Cap (SATSX)
- AMG Managers Essex Sm/Micro Cap Grade Investor (MBRSX)
- Wasatch Small Cap Value (WMCVX)
- 1492 Small Cap Growth (FNTGX)
- TCM Small Cap Growth (TCMSX)
- Franklin Small Cap Growth A (FSGRX)
- Oberweis Small-Cap Opportunities (OBSOX)
- AllianzGI Micro Cap A (GMCAX)
- Wells Fargo Advantage Small Co Growth A (WFSAX)
- Lord Abbett Developing Growth A (LAGWX)
- River Oak Discovery (RIVSX)
- Perkins Discovery (PDFDX)
- T. Rowe Price New Horizons (PRNHX)
- Eaton Vance Tax-Managed Small-Cap A (ETMGX)
Wasatch Small Cap Value Fund (WMCVX)
As one of the best small growth mutual funds, the Wasatch Small Cap Value (WMCVX) has 4-stars rating from Morningstar. The investment objective is to seek long-term growth of capital. The total net assets are $252.7 million. It also has annual expense ratio of 1.26%. The fund manager is Jim Larkins.In 2014, the YTD return is 4.33%. This small cap fund has 10-year annualized return of 8.68% and 3-year annualized return of 14.21%. The best 1-year total return within 12 years of positive return is in 2009 with 55.91%. There is a no sales charge for this small growth mutual fund. The benchmark is Russell 2000 Value Index.
The top 5 stocks in its holdings as of March 2014 are Copart Inc (3.14%), Ebix Inc (3.03%), Polypore International Inc (2.76%), Saia Inc (2.29%) and Carbo Ceramics Inc (2.29%). Industrials (25.2%) is the top sector allocation.
Franklin Small Cap Growth A (FSGRX)
This Franklin Small Cap Growth fund was incepted in May 2000. The investment seeks long-term capital growth. It is currently managed by Michael McCarthy. The total net assets are $1.6 billion. It also has annual expense ratio of 1.33%. The front-end sales load is 5.75%.This top small growth mutual fund has 9 years of positive return and 4 years of negative return. Based on the load adjusted returns, the fund’s performance is as below:
- 1-year: 24.79%
- 3-year: 12.06%
- 5-year: 23.37%
- 10-year: 9.09%
Wells Fargo Advantage Small Company Growth A (WFSAX)
The total net assets of this Wells Fargo Advantage Small Company Growth Fund are $328.8 million. The CUSIP is 94975J359. Its annual expense ratio is 1.45%. The fund’s YTD return is -4.62%. It has 1-year annualized return of 17.33% and 5-year annualized return of 22.55%.The top 3 stocks in its portfolio as of April 2014 are Hanesbrand, Inc (1.6%), On Assignment, Inc (1.35%) and SS&C Technologies Holdings, Inc (1.30%).
T. Rowe Price New Horizons Fund (PRNHX)
The investment objective of this T. Rowe Price New Horizons Fund is long-term capital growth. The fund has annual expense ratio of 0.80%. It has total net assets of $15.1 billion. Morningstar analysts rated the fund with the highest 5-stars and Bronze rating. The 5-year average return is 25.95%. It has the best 1-year total return within 39 years of positive return in 2003.This top small growth mutual fund is currently closed to new retail investors but it is open to subsequent retail investments. You can invest in your 401k plan. The top 10 holdings represent 12.90% of total net assets. The top holdings are Aimia Inc, Allegiant Travel, Flowers Food, Harman International Industries, Kate Spade, Mobile Mini, O’Reilly Automotive, Restoration Hardware Holdings, Rockwood Holdings and Roper Industries Inc.
Small Growth Mutual Funds Performance
| No | Fund Description | Ticker | Exp Ratio | Yield | YTD | 1-Yr | 3-Yr |
|---|---|---|---|---|---|---|---|
| 1 | Satuit Capital US Smid Cap | SATDX | 1.50% | 0.00% | 1.67% | 31.70% | N/A |
| 2 | Oberweis Micro-Cap | OBMCX | 1.86% | 0.00% | -6.63% | 28.13% | 13.93% |
| 3 | Satuit Capital US Small Cap | SATSX | 1.50% | 0.00% | -3.40% | 26.59% | N/A |
| 4 | AMG Managers Essex Sm/Micro Cap Gr Inv | MBRSX | 1.50% | 0.00% | -9.21% | 25.14% | 12.17% |
| 5 | Wasatch Small Cap Value | WMCVX | 1.26% | 0.00% | 4.33% | 22.72% | 14.21% |
| 6 | 1492 Small Cap Growth | FNTGX | 1.10% | 0.00% | -6.77% | 20.33% | N/A |
| 7 | TCM Small Cap Growth | TCMSX | 93.00% | 0.00% | -4.14% | 20.11% | 11.67% |
| 8 | Franklin Small Cap Growth A | FSGRX | 1.33% | 0.00% | -4.53% | 19.94% | 14.00% |
| 9 | Oberweis Small-Cap Opportunities | OBSOX | 2.00% | 0.00% | -9.62% | 18.98% | 8.60% |
| 10 | AllianzGI Micro Cap A | GMCAX | 1.80% | 0.00% | -7.73% | 18.40% | 10.82% |
| 11 | Wells Fargo Advantage Small Co Growth A | WFSAX | 1.45% | 0.00% | -4.62% | 17.33% | 11.95% |
| 12 | Lord Abbett Developing Growth A | LAGWX | 1.11% | 0.00% | -9.47% | 16.64% | 11.90% |
| 13 | River Oak Discovery | RIVSX | 1.35% | 0.00% | -3.00% | 15.35% | 8.00% |
| 14 | Perkins Discovery | PDFDX | 2.00% | 0.00% | -6.06% | 16.74% | 6.42% |
| 15 | T. Rowe Price New Horizons | PRNHX | 0.80% | 0.00% | -6.31% | 16.08% | 15.80% |
| 16 | Eaton Vance Tx-Mgd Small-Cap A | ETMGX | 1.27% | 0.00% | -2.89% | 16.34% | 9.28% |
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