Vulcan Value Partners Small Cap Fund
Data updated: 2025-09-10
C000211492 — Vulcan Value Partners Small Cap Fund. Global (incl. US) Small Cap Value Equity · $128.32M AUM. Holdings, fees, performance and SEC filings.
C000211492 Fund Overview
Vulcan Value Partners Small Cap Fund is a US mutual fund managed by Financial Investors Trust, categorised as Global (incl. US) 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: Financial Investors Trust
- Category: Global (incl. US) Small Cap Value Equity
- Assets under management: $128.32M
- 1-year return: -4.0%
- SEC CIK: 0000915802
- SEC series ID: S000027284
- Share class ID: C000211492
C000211492 Investment Objective and Strategy
Vulcan Value Partners Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Financial Investors Trust.
Investment objective
The Fund seeks to achieve long-term capital appreciation.
Principal investment strategy
The Vulcan Value Partners Small Cap Fund seeks to achieve long term capital appreciation by investing primarily in publicly traded small-cap companies the Fund believes to be both undervalued and possessing a sustainable competitive advantage. The Fund views equity investments as ownership in a business enterprise and approaches investing as long-term partial ownership of businesses. The Fund seeks to purchase publicly traded companies at significant discounts to intrinsic worth. The Fund seeks to invest for the long term, limiting the selection of qualifying investments to good businesses with identifiable, sustainable competitive advantages to maximize returns and to minimize risk. The Fund generally defines risk as the probability of permanently losing capital over a five-year period. The Fund generally sells stocks when they approach their appraised value.
The Fund seeks to determine business or intrinsic value through disciplined financial analysis. The Fund believes that equities purchased at prices substantially less than their intrinsic worth generally afford capital protection from significant permanent loss and also create the possibility of substantial appreciation if the market recognizes the companys economic value. This portfolio strategy invests in companies with smaller market capitalizations. While the Fund does not have any defined cutoffs, the Fund generally uses the Russell 2000 as a guide to define the universe of small capitalization companies, and any small publicly traded company with reasonable economics would be a potential investment in this portfolio. As of June 30, 2018 the latest reconstitution date, the median market capitalization of the Russell 2000 Index was approximately $51.89 million, the top of this range was approximately $6.69 billion.
The capitalization range of the companies in the Vulcan Value Partners Small Cap Fund will change over time. For purposes of the Funds 80% investment policy, the Fund considers small-cap companies to be those companies whose market capitalization at the time of purchase is within the market capitalization range of companies in the Russell 2000 Index during the most recent 12-month period (based on month-end data). As of June 30, 2018, this range was approximately $7.69 million to $14.33 billion; however, this capitalization range is expected to change over time. Once the Fund owns a company, the Fund will not necessarily sell it just because it has grown to a size that the Fund would not consider to be small cap. A core position in the Fund is generally approximately 5% of the Funds portfolio, so that theoretically the Fund would seek to hold about 20 companies, spread across various industries.
Because it is rare that the Fund would find exactly 20 companies meeting its investment guidelines, allocations will vary with the price to value ratio of specific companies. The Fund may invest in positions as small as less than 1% when price to value ratios are higher. The Fund generally will not invest in any business that is trading above the Funds estimate of its fair value. Most of these securities are listed on the major securities exchanges. The Fund may invest up to 30% of net assets in publicly traded foreign securities. The Fund may hold up to 10% of net assets in illiquid securities. If investments meeting the Funds criteria are not available, the Fund may invest the Funds assets temporarily in obligations of the U.S. government and its agencies, or in other money market instruments.
C000211492 Holdings
Top 10 holdings of Vulcan Value Partners Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Littelfuse Inc | 7.48% |
| Iss A/s | 7.35% |
| Ibstock Plc | 5.97% |
| Premium Brands Holdings Corp | 5.09% |
| Qorvo Inc | 4.97% |
| Ituran Location And Control Ltd | 4.88% |
| Colliers International Group Inc | 4.69% |
| Forterra Plc | 4.32% |
| Prog Holdings Inc | 4.25% |
| Jones Lang Lasalle Inc | 4.21% |
C000211492 Portfolio Allocation
Asset-class allocation of Vulcan Value Partners Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Cash & Equivalents | 1.6% |
C000211492 Performance
Total returns for C000211492 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.0% |
| 3 years (annualised) | 1.2% |
| 5 years (annualised) | 7.6% |
C000211492 Risk Information
Risk metrics for C000211492, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.9%
C000211492 Costs and Fees
C000211492 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.41%
- Portfolio turnover: 29%
- Brokerage commissions: 21.47 bps of average net assets (SEC N-CEN)
C000211492 Cashflows
Over the 12 months to 2025-07, Vulcan Value Partners Small Cap Fund had net outflows of $184.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-07 | −$2.81M |
| 2025-06 | −$75.65K |
| 2025-05 | −$2.29M |
| 2025-04 | −$3.04M |
| 2025-03 | −$7.85M |
| 2025-02 | −$1.96M |
C000211492 Debt Constituents
No individual debt constituents are reported in Vulcan Value Partners Small Cap Fund's latest SEC N-PORT filing.
C000211492 Prospectus and SEC Filings
Official Vulcan Value Partners Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-08-28
- Prospectus (485BPOS) — filed 2024-08-28
- Prospectus supplement (497) — filed 2024-09-04
- Portfolio holdings (N-PORT) — filed 2025-09-10
- Portfolio holdings (N-PORT) — filed 2025-06-25
- Portfolio holdings (N-PORT) — filed 2025-03-27
- Annual census (N-CEN) — filed 2025-07-10
- Annual census (N-CEN) — filed 2024-07-15
Related Funds
Other Global (incl. US) 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.