Segall Bryant and Hamill Small Cap Value Fund
Data updated: 2019-11-27
C000127905 — Segall Bryant and Hamill Small Cap Value Fund. United States Small Cap Value Equity · $149.78M AUM. Holdings, fees, performance and SEC filings.
C000127905 Fund Overview
Segall Bryant and Hamill Small Cap Value Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Investment Managers Series Trust
- Category: United States Small Cap Value Equity
- Assets under management: $149.78M
- SEC CIK: 0001318342
- SEC series ID: S000041251
- Share class ID: C000127905
C000127905 Investment Objective and Strategy
Segall Bryant and Hamill Small Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.
Investment objective
"The investment objective of the Segall Bryant & Hamill Small Cap Value Fund (the ""Fund"" or ""Small Cap Value Fund"") is to seek long term capital appreciation."
Principal investment strategy
"Under normal circumstances, the Fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in equity securities of small-capitalization companies. The Fund will primarily invest in common stock. The Fund considers small-capitalization companies to be companies with capitalization within the range of the capitalization of those companies included in the Russell 2000 Value Index at the time of purchase. Companies whose capitalization no longer meets this definition after purchase may continue to be considered small-capitalization companies. As of June 30, 2018, the market capitalization of companies included in the Russell 2000 Value Index was between $43 million and $9.9 billion. The size of companies in the Russell 2000 Value Index changes with market conditions.
In addition, changes to the composition of the Russell 2000 Value Index can change the market capitalization range of companies in the Russell 2000 Value Index and, therefore, the market capitalization range of companies in which the Fund invests. The Russell 2000 Value Index is reconstituted annually, typically on June 30 of each year, to seek to ensure that stocks of larger companies do not distort the performance and characteristics of the Index and that the represented companies continue to reflect value characteristics. The Fund is not limited to the stocks included in the Russell 2000 Value Index. The investment process used by the Fund's advisor, Segall Bryant & Hamill (""SBH"" or the ""Advisor""), is driven by a combination of quantitative analysis (evaluation of financial data), fundamental analysis and experienced judgment.
The Advisor seeks to invest in companies the stocks of which the Advisor believes are trading below the Advisor's estimate of their intrinsic values. The Advisor searches for companies it believes are attractively priced relative to historical valuation, peer groups, and the market, concentrating most on cash flow capability over time. The Advisor generally will sell a security when one or more of the following occurs, among other reasons: (1) the Advisor's estimate of full valuation is realized; (2) the Advisor believes the Fund's position in a company becomes over-weighted due to appreciation; (3) the Advisor identifies a more attractive stock (in which case the least attractive stock in the portfolio is sold); (4) the Advisor believes there is a change in a company's underlying fundamentals; or (5) the Fund requires cash to meet redemption requests."
C000127905 Holdings
Top 10 holdings of Segall Bryant and Hamill Small Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umb Money Market Fiduciary / | 10.20% |
| Equity Commonwealth | 4.70% |
| Innophos Holdings Inc | 4.42% |
| Hain Celestial Group Inc/The | 4.36% |
| NCR Corp | 4.19% |
| Jack in the Box Inc | 3.64% |
| Orthofix Medical Inc | 3.52% |
| FireEye Inc | 3.10% |
| Progress Software Corp | 2.97% |
| IBERIABANK Corp | 1.99% |
C000127905 Portfolio Allocation
Asset-class allocation of Segall Bryant and Hamill Small Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 80.3% |
| Cash & Equivalents | 10.2% |
| Other | 10.1% |
C000127905 Costs and Fees
C000127905 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.14%
- Portfolio turnover: 68%
- Brokerage commissions: 15.99 bps of average net assets (SEC N-CEN)
C000127905 Cashflows
Over the 12 months to 2019-09, Segall Bryant and Hamill Small Cap Value Fund had net inflows of $25.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2019-09 | $6.67M |
| 2019-08 | $7.32M |
| 2019-07 | $11.19M |
C000127905 Debt Constituents
No individual debt constituents are reported in Segall Bryant and Hamill Small Cap Value Fund's latest SEC N-PORT filing.
C000127905 Prospectus and SEC Filings
Official Segall Bryant and Hamill Small Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Value Equity 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.