Trillium Small/Mid Cap Fund

C000158739 Fund Overview

Trillium Small/Mid Cap Fund is a US mutual fund managed by Professionally Managed Portfolios, categorised as Emerging Markets Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Professionally Managed Portfolios
• Category: Emerging Markets Mid Cap Blend / Core Equity
• Assets under management: $39.66M
• 1-year return: 4.3%
• SEC CIK: 0000811030
• SEC series ID: S000050271
• Share class ID: C000158739

C000158739 Investment Objective and Strategy

Trillium Small/Mid Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Professionally Managed Portfolios.

Investment objective

The Trillium Small/Mid Cap Fund (the SMID Fund or Fund) seeks long-term capital appreciation.

Principal investment strategy

Under normal conditions, the SMID Fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of small and mid-sized companies. The Fund will provide shareholders with at least 60 days notice before changing this 80% policy. The Adviser defines small- and mid-cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the S&P 1000 Index. As of September 28, 2018, the market capitalization range of companies in the S&P 1000 Index was $69.6 million to $15.6 billion. The Adviser seeks stocks with high quality characteristics and strong environmental, social, and governance (ESG) records. Trillium defines high-quality characteristics to include: Financial Statement Integrity Conservative Debt Management Positive and Growing Cash Flow from Operations Sector-leading policies and performance related to key ESG Issues When selecting securities for the Fund, the Adviser conducts bottom-up financial analysis that includes a review of environmental, social, and governance issues and how they may impact stock valuation or performance.

ESG factors reflect a variety of key sustainability issues that can influence company risks and opportunities and span a range of metrics including board diversity, climate change policies, and supply chain and human rights policies. Companies that meet our ESG requirements or sustainability criteria typically have strong sustainability data and policy reporting, for example publishing a comprehensive corporate sustainability report. These companies may have strong board diversity, such as two or more women on the board. ESG criteria may be somewhat different industry by industry. For example, in the apparel industry we would seek companies with a comprehensive supply chain code of conduct and monitoring. In the energy industry, we would seek companies with solid worker safety records and environmental management programs.

Additionally, the Fund may invest up to 20% of its total assets in the securities of foreign issuers, including indirectly through American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The Funds foreign holdings may include companies domiciled in frontier or emerging markets as well as companies domiciled in developed markets. The Adviser may sell stocks for several reasons, including when the stock no longer meets its ESG criteria or when the security declines in value and no longer reflects the investment thesis defined by the analyst or if the security rises well beyond the capitalization range of the product.

C000158739 Holdings

Top 10 holdings of Trillium Small/Mid Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000158739 holdings

C000158739 Portfolio Allocation

Asset-class allocation of Trillium Small/Mid Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000158739 Performance

Total returns for C000158739 (as of 2026-10-01), from SEC filings.

C000158739 Risk Information

Risk metrics for C000158739, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 19.6%

C000158739 Costs and Fees

C000158739 costs about $98 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.98%
• Gross expense ratio: 1.36%
• Portfolio turnover: 21%
• Brokerage commissions: 2.77 bps of average net assets (SEC N-CEN)

C000158739 Cashflows

Over the 12 months to 2023-09, Trillium Small/Mid Cap Fund had net inflows of $21.72M, from monthly SEC N-PORT filings.

C000158739 Debt Constituents

No individual debt constituents are reported in Trillium Small/Mid Cap Fund's latest SEC N-PORT filing.

C000158739 Prospectus and SEC Filings

Official Trillium Small/Mid Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-10-28
• Prospectus (485BPOS) — filed 2021-10-29
• Prospectus (485BPOS) — filed 2020-10-29
• Portfolio holdings (N-PORT) — filed 2023-11-02
• Portfolio holdings (N-PORT) — filed 2023-08-28
• Portfolio holdings (N-PORT) — filed 2023-05-26
• Annual census (N-CEN) — filed 2023-09-07
• Annual census (N-CEN) — filed 2022-09-13

Related Funds

Other Emerging Markets Mid Cap Blend / Core Equity funds tracked on ABC INVEST:

• SPDR Portfolio Emerging Markets ETF (SPEM)
• Baillie Gifford Emerging Markets Fund (BGEHX)
• T. Rowe Price Emerging Markets Stock Fund (PRMSX)
• Goldman Sachs Emerging Markets Equity Insights Fund (GERIX)
• Goldman Sachs Emerging Markets Equity Fund (GEMIX)

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.