Zacks Small-Cap Core Fund
Data updated: 2026-07-24
C000244049 — Zacks Small-Cap Core Fund. United States Small Cap Blend / Core Equity · $34.10M AUM. Holdings, fees, performance and SEC filings.
C000244049 Fund Overview
Zacks Small-Cap Core Fund is a US mutual fund managed by Zacks Trust, categorised as United States Small 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: Zacks Trust
- Category: United States Small Cap Blend / Core Equity
- Assets under management: $34.10M
- 1-year return: 35.4%
- SEC CIK: 0001760588
- SEC series ID: S000081341
- Share class ID: C000244049
C000244049 Investment Objective and Strategy
Zacks Small-Cap Core Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Zacks Trust.
Investment objective
The investment objective of the Zacks Small-Cap Core Fund is capital appreciation.
Principal investment strategy
The Fund pursues its investment objective by applying a hybrid research process which uses both quantitative and qualitative criteria. The Advisor uses a proprietary model to quantitatively assess the attractiveness of a large universe of stocks based on potential capital appreciation. The primary aim of the quantitative model is to identify those companies most likely to generate positive alpha, or excess return over the market, when adjusted for stock beta, or movement with the market. From a smaller universe of stocks that are highly ranked by the quantitative model, the portfolio manager selects small-cap stocks with attractive risk/return characteristics based on qualitative criteria. Portfolio construction incorporates risk controls. Under normal circumstances, the Fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in a diversified portfolio of equity securities of small capitalization companies, with an emphasis on equity securities of U.S.
issuers. The Funds investments in equity securities may include common stock, preferred stock and convertible securities. The Fund considers small capitalization companies to be companies within the range of those companies included in the Russell 2000 Index at the time of purchase. Because small capitalization companies are defined by reference to an index, the range of market capitalization companies in which the Fund invests may vary with market conditions. As of April 30, 2025, the market capitalizations of companies included in the Russell 2000 Index were between $5.24 billion and $39.26 billion. The Russell 2000 Index is reconstituted annually, to seek to ensure that larger stocks do not distort the performance and characteristics of the Index and that the represented companies continue to reflect small capitalization characteristics.
The Fund is designed to be a core fund that seeks to combine both value and growth characteristics within the small-cap universe. The Fund seeks to diversify its assets by investing in securities from a pool of more than one dozen industry sectors. The Advisor allocates assets opportunistically based on market information and is not constrained by investment style parameters. Sector and style allocations generally result from a hybrid research process using quantitative and qualitative criteria. The Fund may engage in short-sale transactions up to 25% of its net assets. The Funds investment strategy involves active and frequent trading. In addition, the Fund may lend its portfolio securities to broker-dealers and other institutions as a means of earning additional income. The Fund may invest a significant amount of its assets in one or more sectors from time to time.
As of November 30, 2025, 31.0% of the Funds assets were invested in the financial sector and 28.9% of the Funds assets were invested in the industrials sector. The sectors in which the Fund is more heavily invested will vary. Under normal circumstances, the Fund invests primarily in equity securities of U.S. issuers. The Fund also may invest in equity securities of Canadian issuers and American Depository Receipts (ADRs). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks.
C000244049 Holdings
Top 10 holdings of Zacks Small-Cap Core Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Credo Technology Group Holding Ltd. | 2.21% |
| Resideo Technologies, Inc. | 2.06% |
| Allient, Inc. | 2.05% |
| Comfort Systems USA, Inc. | 2.00% |
| Moog, Inc. | 1.97% |
| Nwpx Infrastructure, Inc. | 1.96% |
| United Fire Group, Inc. | 1.94% |
| Envela Corp. | 1.94% |
| Ponce Financial Group, Inc. | 1.93% |
| Spx Technologies, Inc. | 1.89% |
C000244049 Portfolio Allocation
Asset-class allocation of Zacks Small-Cap Core Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 1.6% |
C000244049 Performance
Total returns for C000244049 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 16.9% |
| 1 year | 35.4% |
| 3 years (annualised) | 18.7% |
C000244049 Risk Information
Risk metrics for C000244049, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.8%
C000244049 Costs and Fees
C000244049 costs about $140 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.40%
- Gross expense ratio: 1.76%
- Portfolio turnover: 107%
- Brokerage commissions: 9.52 bps of average net assets (SEC N-CEN)
C000244049 Cashflows
Over the 12 months to 2026-05, Zacks Small-Cap Core Fund had net outflows of $2.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$29.16K |
| 2026-04 | −$225.04K |
| 2026-03 | −$136.98K |
| 2026-02 | −$422.35K |
| 2026-01 | −$67.85K |
| 2025-12 | −$225.28K |
C000244049 Debt Constituents
No individual debt constituents are reported in Zacks Small-Cap Core Fund's latest SEC N-PORT filing.
C000244049 Prospectus and SEC Filings
Official Zacks Small-Cap Core Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-03-30
- Prospectus supplement (497) — filed 2026-04-02
- Prospectus supplement (497) — filed 2025-04-04
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-28
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2026-02-13
- Annual census (N-CEN) — filed 2025-02-13
Related Funds
Other United States Small Cap Blend / Core 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.