CCASX Performance — Conestoga Small Cap Fund, Investor Class
Data updated: 2026-08-28
CCASX returned +8.24% year to date and +4.41% over one year to Jun 2026. Annualised returns are +2.76% over 3 years and +0.03% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $109, against $156 for the category, and to $104 over one year, against $133. Volatility over the past three years was 17.86% a year. In the 12 months to Jun 2026 the fund lost a net $1.5B, and assets reached $2.04B.
CCASX Growth of $100
What $100 invested in Conestoga Small Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | CCASX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $109 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $100 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $172 | $209 |
CCASX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.24% |
| 1 year | +4.41% |
| 3 years (annualised) | +2.76% |
| 5 years (annualised) | +0.03% |
CCASX Annual Returns
Calendar-year total returns of Conestoga Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.24% |
| 2025 | −11.04% |
| 2024 | +8.74% |
| 2023 | +22.12% |
| 2022 | −28.24% |
| 2021 | +16.13% |
| 2020 | +61.23% |
| 2019 (Jul–Dec) | +0.02% |
CCASX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.6% | +0.9% | −8.1% | +5.6% | +1.4% | +7.2% | — | — | — | — | — | — |
| 2025 | +1.7% | −7.3% | −6.5% | +0.1% | +5.2% | −0.5% | −1.0% | +2.7% | −3.1% | +0.5% | −0.5% | −2.1% |
| 2024 | −3.3% | +4.7% | +2.3% | −6.4% | +1.5% | −0.8% | +8.1% | +0.6% | +0.9% | −3.2% | +13.0% | −7.2% |
| 2023 | +10.9% | −0.6% | +2.0% | −1.4% | −1.3% | +7.7% | +1.2% | −2.1% | −5.8% | −6.8% | +8.1% | +10.2% |
| 2022 | −13.9% | −1.9% | +0.2% | −11.5% | −2.5% | −3.0% | +8.6% | −4.1% | −8.1% | +7.4% | +4.5% | −5.8% |
| 2021 | +0.9% | +4.3% | −2.1% | +4.7% | −4.5% | +3.4% | +2.8% | +2.8% | −1.7% | +5.3% | −1.7% | +1.4% |
| 2020 | 0.0% | −0.1% | −0.1% | +10.8% | +10.5% | +3.2% | +3.5% | +3.0% | −3.8% | +2.2% | +12.9% | +7.9% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% |
CCASX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.86%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +12.95% (Nov 2024)
- Worst month: −8.07% (Mar 2026)
CCASX Fund Flows
Monthly money in and out of Conestoga Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.5B
- 12-month gross sales (incl. reinvestments): $547.3M
- Sales ÷ redemptions: 0.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.8M | $184.3M | −$175.5M |
| May 2026 | $13.7M | $155.4M | −$141.7M |
| Apr 2026 | $21.6M | $204.8M | −$183.2M |
| Mar 2026 | $34.0M | $356.0M | −$321.9M |
| Feb 2026 | $41.5M | $195.9M | −$154.4M |
| Jan 2026 | $72.8M | $166.3M | −$93.4M |
| Dec 2025 | $177.8M | $187.4M | −$9.5M |
| Nov 2025 | $29.5M | $184.0M | −$154.6M |
| Oct 2025 | $33.4M | $137.8M | −$104.4M |
| Sep 2025 | $40.3M | $79.7M | −$39.4M |
| Aug 2025 | $33.1M | $100.5M | −$67.3M |
| Jul 2025 | $40.6M | $73.9M | −$33.3M |
CCASX Assets Under Management
Net assets of Conestoga Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.04B |
| 2026-03-31 | $2.25B |
| 2025-12-31 | $2.96B |
| 2025-09-30 | $3.45B |
| 2025-06-30 | $3.64B |
| 2025-03-31 | $3.60B |
| 2024-12-31 | $4.28B |
| 2024-09-30 | $4.31B |
| 2024-06-30 | $3.89B |
| 2024-03-31 | $4.16B |
| 2023-12-31 | $3.95B |
| 2023-09-30 | $3.50B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.