AADGX — Aasgard Small & Mid-Cap Fund
Data updated: 2022-02-25
AADGX — Aasgard Small & Mid-Cap Fund. United States Real Estate · $57.97M AUM · 1.00% expense ratio. Holdings, fees, performance and SEC filings.
AADGX Fund Overview
AADGX — Aasgard Small & Mid-Cap Fund is a US mutual fund managed by Advisors Series Trust, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors Series Trust
- Category: United States Real Estate
- Assets under management: $57.97M
- 1-year return: 27.1%
- Ticker: AADGX
- SEC CIK: 0001027596
- SEC series ID: S000053195
- Share class ID: C000167336
AADGX Investment Objective and Strategy
Aasgard Small & Mid-Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors Series Trust.
Investment objective
The Fund seeks a combination of dividend income and capital appreciation,
Principal investment strategy
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying common stocks of small- and medium-sized companies. The Fund invests primarily in the common stocks of domestic small and medium capitalization companies with market capitalizations under $15 billion that the Advisor believes have strong growth potential and attractive dividend and yield opportunities. The Fund may also invest up to 15% of its net assets in real estate investment trusts (REITs). The Advisor employs a proprietary ranking system to evaluate the universe of U.S. small- and medium-sized capitalization companies that are traded on U.S. exchanges. Companies are ranked within their sectors according to the relative dividend yield, dividend growth, dividend consistency, valuation, free-cash flow, and payout ratio.
Each stock considered for purchase must have (i) a current yield of at least 1.00% and (ii) issuers five year projected dividend growth rate of at least 5%. Holdings are reviewed for sale if they have fallen more than 10% since their purchase and may be replaced with stocks the Advisor believes have a higher potential for gain. This often has the additional benefit of realizing taxable losses that can be used to offset future realized gains. The Funds strategy strives to reduce volatility by limiting individual positions sizes to 5% of the Funds total assets and by limiting single industry exposure to less than 20% of the Funds total assets. Target prices are developed for each security, but the Advisor does not have a strict sell discipline. The Advisor believes that in times of extreme market volatility, a strict sell discipline would require wholesale liquidations resulting in extremely large cash positions.
Under most circumstances, the Advisor will not hold cash positions in excess of 15% of the Funds net assets in order to maintain participation in growth opportunities in the overall market but will consider cash positions in excess of this threshold under certain market or economic conditions.
AADGX Performance
Total returns for AADGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 27.1% |
| 3 years (annualised) | 15.8% |
AADGX Risk Information
Risk metrics for AADGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.6%
AADGX Costs and Fees
AADGX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.23%
- Portfolio turnover: 70%
- Brokerage commissions: 0.34 bps of average net assets (SEC N-CEN)
AADGX Cashflows
Over the 12 months to 2021-12, Aasgard Small & Mid-Cap Fund had net inflows of $43.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-12 | $27.58M |
| 2021-11 | $2.03M |
| 2021-10 | $1.50M |
| 2021-09 | $1.18M |
| 2021-08 | $820.86K |
| 2021-07 | $829.10K |
AADGX Debt Constituents
No individual debt constituents are reported in Aasgard Small & Mid-Cap Fund's latest SEC N-PORT filing.
AADGX Prospectus and SEC Filings
Official Aasgard Small & Mid-Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-07-27
- Prospectus (485BPOS) — filed 2020-08-07
- Prospectus (485BPOS) — filed 2019-08-07
- Portfolio holdings (N-PORT) — filed 2022-02-25
- Portfolio holdings (N-PORT) — filed 2021-11-24
- Portfolio holdings (N-PORT) — filed 2021-08-30
- Annual census (N-CEN) — filed 2021-06-14
- Annual census (N-CEN) — filed 2020-06-12
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.