RFTMX — Ranger Micro Cap Fund
Data updated: 2026-09-28
RFTMX — Ranger Micro Cap Fund. United States Small Cap Growth Equity · $11.65M AUM · 1.53% expense ratio. Holdings, fees, performance and SEC filings.
RFTMX Fund Overview
RFTMX — Ranger Micro Cap Fund is a US mutual fund managed by Spend Life Wisely Funds Investment Trust, categorised as United States Small Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Spend Life Wisely Funds Investment Trust
- Category: United States Small Cap Growth Equity
- Assets under management: $11.65M
- Ticker: RFTMX
- SEC CIK: 0001524348
- SEC series ID: S000033850
- Share class ID: C000104513
RFTMX Investment Objective and Strategy
Ranger Micro Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Spend Life Wisely Funds Investment Trust.
Investment objective
The Fund seeks long term capital appreciation.
Principal investment strategy
"Under normal market conditions, the Fund invests at least 80% of its assets in common stocks of micro capitalization (""micro cap"") companies. The Fund defines micro cap companies as those that at the time of purchase: (i) have a market capitalization between $100 million and $750 million or (ii) are within the capitalization range of the Russell Micro Cap Growth Index as of its most recent reconstitution date, which was $8.29 million to $1.97 billion as of June 22, 2018. The adviser's strategy begins by narrowing the micro cap stock universe to identify companies that the adviser believes have a proven track record of competitive advantages and the ability to produce sustainable value for shareholders in the foreseeable future. From this group, the adviser selects securities that it believes are trading at prices below their intrinsic value.
The adviser sells a stock if the adviser believes it is overvalued, more attractive candidates arise, or if there is a substantial, long term reduction in a company's fundamental prospects that impair its value. The Funds adviser may engage in active and frequent trading of the Funds portfolio securities to achieve the Funds investment objective."
RFTMX Holdings
Top 10 holdings of Ranger Micro Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ligand Pharmaceuticals, Inc. | 5.60% |
| PDF Solutions, Inc. | 4.05% |
| Karat Packaging, Inc. | 4.01% |
| The Pennant Group, Inc. | 3.49% |
| Fidelity Institutional Cash Portfolios | 3.20% |
| Business First Bancshares, Inc. | 3.10% |
| Phibro Animal Health Corp | 3.07% |
| iRadimed Corp. | 3.06% |
| Metropolitan Bank Holding Corp. | 2.94% |
| UFP Technologies, Inc. | 2.79% |
RFTMX Portfolio Allocation
Asset-class allocation of Ranger Micro Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.8% |
| Cash & Equivalents | 3.2% |
RFTMX Performance
Total returns for RFTMX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 14.2% |
| 1 year | 22.6% |
| 3 years (annualised) | 4.9% |
| 5 years (annualised) | 2.4% |
RFTMX Risk Information
Risk metrics for RFTMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.1%
RFTMX Costs and Fees
RFTMX costs about $153 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.53%
- Gross expense ratio: 2.24%
- Portfolio turnover: 49%
- Brokerage commissions: 15.38 bps of average net assets (SEC N-CEN)
RFTMX Cashflows
Over the 12 months to 2026-07, Ranger Micro Cap Fund had net outflows of $449.74K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$45.47K |
| 2026-06 | $17.38K |
| 2026-05 | −$3.22K |
| 2026-04 | $41.62K |
| 2026-03 | −$321.80K |
| 2026-02 | $25.43K |
RFTMX Debt Constituents
No individual debt constituents are reported in Ranger Micro Cap Fund's latest SEC N-PORT filing.
RFTMX Prospectus and SEC Filings
Official Ranger Micro Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-01
- Prospectus (485BPOS) — filed 2024-11-27
- Prospectus (485BPOS) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2025-10-14
- Annual census (N-CEN) — filed 2024-10-10
Related Funds
Other United States Small Cap Growth 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.