MLSAX Performance — abrdn Focused U.S. Small Cap Equity Fund, Class A
Data updated: 2025-04-01
MLSAX returned +25.24% over one year to Sep 2024. Over one year the fund beat its US Small Blend category average: $100 grew to $125, against $124 for the category. Volatility over the past 12 months was 20.36% a year. In the 12 months to Jan 2025 the fund lost a net $4.3M, and assets reached $12.54M.
MLSAX Growth of $100
What $100 invested in abrdn Focused U.S. Small Cap Equity 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 | MLSAX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $125 | $124 |
| 3 years (Oct 2021 – Sep 2024) | $100 | $110 |
| 5 years (Oct 2019 – Sep 2024) | $163 | $162 |
| Since data start (Aug 2019 – Sep 2024) | $164 | $158 |
MLSAX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +25.24% |
3- and 5-year figures withheld: not verified.
MLSAX Annual Returns
Calendar-year total returns of abrdn Focused U.S. Small Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | +13.48% |
| 2023 | +9.66% |
| 2022 | −26.40% |
| 2021 | +28.34% |
| 2020 | +26.61% |
| 2019 (Aug–Dec) | +9.93% |
MLSAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −1.0% | +6.1% | +1.8% | −6.3% | +6.0% | −0.1% | +7.2% | −1.4% | +1.3% | — | — | — |
| 2023 | +9.5% | −3.5% | −4.7% | −1.6% | −1.0% | +9.3% | +2.4% | −3.1% | −6.7% | −8.2% | +10.8% | +8.6% |
| 2022 | −13.7% | +0.8% | +0.5% | −11.6% | +0.6% | −8.7% | +12.5% | −3.9% | −9.2% | +6.8% | +4.9% | −5.8% |
| 2021 | +0.8% | +1.7% | +2.7% | +5.8% | −1.5% | +2.1% | +3.4% | +5.6% | −4.0% | +8.9% | +0.5% | −0.3% |
| 2020 | +2.9% | −7.6% | −11.3% | +12.1% | +4.6% | +1.1% | +7.1% | +6.1% | −3.9% | −3.0% | +10.4% | +8.4% |
| 2019 | — | — | — | — | — | — | — | −0.5% | +0.7% | +2.9% | +4.2% | +2.4% |
MLSAX Risk
Risk measures from monthly returns over Oct 2023 – Sep 2024.
- 1-year volatility (annualised): 20.36%
- Best month: +10.76% (Nov 2023)
- Worst month: −8.25% (Oct 2023)
MLSAX Fund Flows
Monthly money in and out of abrdn Focused U.S. Small Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.3M
- 12-month gross sales (incl. reinvestments): $12.5M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2025 | $11K | $1.3M | −$1.3M |
| Dec 2024 | $21K | $342K | −$321K |
| Nov 2024 | $442K | $540K | −$98K |
| Oct 2024 | $9.6M | $10.8M | −$1.2M |
| Sep 2024 | $132K | $103K | $29K |
| Aug 2024 | $18K | $251K | −$233K |
| Jul 2024 | $112K | $1.7M | −$1.6M |
| Jun 2024 | $1.5M | $80K | $1.4M |
| May 2024 | $104K | $219K | −$115K |
| Apr 2024 | $316K | $317K | −$1K |
| Mar 2024 | $84K | $734K | −$649K |
| Feb 2024 | $92K | $334K | −$241K |
MLSAX Assets Under Management
Net assets of abrdn Focused U.S. Small Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-01-31 | $12.54M |
| 2024-10-31 | $12.40M |
| 2024-07-31 | $13.94M |
| 2024-04-30 | $12.49M |
| 2024-01-31 | $13.19M |
| 2023-10-31 | $11.45M |
| 2023-07-31 | $14.22M |
| 2023-04-30 | $13.64M |
| 2023-01-31 | $15.76M |
| 2022-10-31 | $15.98M |
| 2022-07-31 | $17.85M |
| 2022-04-30 | $18.37M |
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.