DGMIX — DGHM MicroCap Value Fund
Data updated: 2021-04-28
DGMIX — DGHM MicroCap Value Fund. United States Micro Cap Value Equity · $16.40M AUM · 1.19% expense ratio. Holdings, fees, performance and SEC filings.
DGMIX Fund Overview
DGMIX — DGHM MicroCap Value Fund is a US mutual fund managed by World Funds Trust, categorised as United States Micro 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: World Funds Trust
- Category: United States Micro Cap Value Equity
- Assets under management: $16.40M
- 1-year return: 21.1%
- Ticker: DGMIX
- SEC CIK: 0001396092
- SEC series ID: S000053800
- Share class ID: C000169255
DGMIX Investment Objective and Strategy
DGHM MicroCap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by World Funds Trust.
Investment objective
The investment objective of the DGHM MicroCap Value Fund (the ?MicroCap Value Fund?) is long-term capital appreciation.
Principal investment strategy
To achieve its investment objective, the MicroCap Value Fund invests, under normal circumstances, at least 80% of the value of its net assets, plus the amount of borrowings for investment purposes, in publicly traded equity securities of micro-capitalization issuers that the Advisor believes are undervalued. Publicly traded equity securities include common stocks, preferred stocks, and convertible securities of various micro-capitalization issuers, and exchange-traded funds (?ETFs?) that invest in such securities. The MicroCap Value fund defines a micro capitalization company as a company with a market capitalization within a range of $50 million and $1.1 billion; this range is determined by the capitalization range of the companies held in the Russell 2000 Value Index as of the date of the index?s annual rebalancing each June.
The Advisor uses a bottom-up selection process to attempt to identify equity securities of companies that appear to be selling at a discount relative to the Advisor?s assessment of their potential value. In identifying securities to be held by the MicroCap Value Fund, the Advisor will utilize a proprietary valuation model combined with in-depth industry and company specific research developed by the Advisor, which focuses on the cash flows, historical profitability, projected future earnings, and financial condition of individual companies. The Advisor may weigh other factors against a company?s valuation in deciding which securities the MicroCap Value Fund may purchases. These factors may include the following: quality of the business franchise, competitive advantage, economic or market conditions, deployment of capital, and reputation, experience, and competence of the company?s management.
Generally, securities are sold when the characteristics and factors used to select the security change or when the security has appreciated to the point that it is no longer attractive for the MicroCap Value Fund to hold the security in its portfolio of investments. In pursuit of its investment objective, the MicroCap Value Fund may invest a significant portion of its assets in one or more sectors of the equity securities market. In implementing the investment strategy of the MicroCap Value Fund, the Advisor invests with a multi-year investment horizon rather than focusing on the month or quarter end data.
DGMIX Performance
Total returns for DGMIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 21.1% |
DGMIX Risk Information
Risk metrics for DGMIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 34.4%
DGMIX Costs and Fees
DGMIX costs about $119 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.19%
- Gross expense ratio: 1.57%
- Portfolio turnover: 35%
- Brokerage commissions: 26.08 bps of average net assets (SEC N-CEN)
DGMIX Cashflows
Over the 12 months to 2021-02, DGHM MicroCap Value Fund had net outflows of $27.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-02 | −$2.08M |
| 2021-01 | −$353.89K |
| 2020-12 | −$2.50M |
| 2020-11 | −$1.01M |
| 2020-10 | −$3.78M |
| 2020-09 | −$6.28M |
DGMIX Debt Constituents
No individual debt constituents are reported in DGHM MicroCap Value Fund's latest SEC N-PORT filing.
DGMIX Prospectus and SEC Filings
Official DGHM MicroCap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-07-14
- Prospectus (485BPOS) — filed 2019-07-12
- Prospectus supplement (497) — filed 2019-10-24
- Portfolio holdings (N-PORT) — filed 2021-04-28
- Portfolio holdings (N-PORT) — filed 2021-01-08
- Portfolio holdings (N-PORT) — filed 2020-10-07
- Annual census (N-CEN) — filed 2020-05-14
- Annual census (N-CEN) — filed 2019-05-14
Related Funds
Related 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.