LKSMX Performance — Lkcm Small-Mid Cap Equity Fund
Data updated: 2026-08-19
LKSMX returned +8.28% year to date and +12.62% over one year to Jun 2026. Annualised returns are +13.56% over 3 years and +5.65% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $146, against $152 for the category, and to $113 over one year, against $118. Volatility over the past three years was 16.75% a year. In the 12 months to Jun 2026 the fund took in a net $3.0M, and assets reached $46.41M.
LKSMX Growth of $100
What $100 invested in Lkcm Small-Mid Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | LKSMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $146 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $132 | $129 |
| Since data start (Jan 2020 – Jun 2026) | $195 | $193 |
LKSMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.28% |
| 1 year | +12.62% |
| 3 years (annualised) | +13.56% |
| 5 years (annualised) | +5.65% |
LKSMX Annual Returns
Calendar-year total returns of Lkcm Small-Mid Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.28% |
| 2025 | +5.28% |
| 2024 | +15.65% |
| 2023 | +25.75% |
| 2022 | −22.12% |
| 2021 | +15.37% |
| 2020 | +30.67% |
LKSMX 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 | +3.0% | −0.3% | −6.3% | +7.0% | +2.3% | +2.7% | — | — | — | — | — | — |
| 2025 | +4.2% | −5.3% | −3.8% | −1.5% | +6.2% | +1.9% | +0.3% | +2.8% | −0.7% | −0.4% | +0.9% | +1.1% |
| 2024 | −1.2% | +8.0% | +2.9% | −7.6% | +0.4% | −2.0% | +6.2% | +1.6% | +2.1% | +0.2% | +12.8% | −6.9% |
| 2023 | +11.9% | −1.6% | −0.5% | −0.9% | −3.7% | +8.2% | +3.2% | −1.1% | −4.8% | −5.1% | +9.4% | +10.1% |
| 2022 | −7.4% | −1.1% | −0.5% | −8.2% | +1.1% | −7.6% | +9.8% | −2.3% | −8.3% | +6.5% | +2.1% | −6.8% |
| 2021 | +3.2% | +5.7% | −3.5% | +7.3% | −3.1% | +3.3% | −1.0% | +1.8% | −2.7% | +6.3% | −5.2% | +3.1% |
| 2020 | −0.8% | −7.9% | −19.4% | +16.3% | +11.2% | +3.8% | +8.0% | +3.5% | −2.4% | +0.3% | +12.6% | +7.2% |
LKSMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.75%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +12.83% (Nov 2024)
- Worst month: −7.63% (Apr 2024)
LKSMX Fund Flows
Monthly money in and out of Lkcm Small-Mid Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $3.0M
- 12-month gross sales (incl. reinvestments): $5.7M
- Sales ÷ redemptions: 2.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $128K | $136K | −$8K |
| May 2026 | $88K | $128K | −$39K |
| Apr 2026 | $285K | $836K | −$552K |
| Mar 2026 | $55K | $223K | −$168K |
| Feb 2026 | $605K | $454K | $152K |
| Jan 2026 | $499K | $118K | $381K |
| Dec 2025 | $2.3M | $283K | $2.1M |
| Nov 2025 | $352K | $64K | $288K |
| Oct 2025 | $22K | $139K | −$117K |
| Sep 2025 | $731K | $136K | $595K |
| Aug 2025 | $36K | $120K | −$84K |
| Jul 2025 | $522K | $12K | $510K |
LKSMX Assets Under Management
Net assets of Lkcm Small-Mid Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $46.41M |
| 2026-03-31 | $41.88M |
| 2025-12-31 | $43.13M |
| 2025-09-30 | $42.83M |
| 2025-06-30 | $40.81M |
| 2025-03-31 | $37.98M |
| 2024-12-31 | $39.02M |
| 2024-09-30 | $36.12M |
| 2024-06-30 | $32.90M |
| 2024-03-31 | $34.50M |
| 2023-12-31 | $28.63M |
| 2023-09-30 | $20.59M |
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.