RFTSX — Ranger Small Cap Fund
Data updated: 2026-09-28
RFTSX — Ranger Small Cap Fund. United States Small Cap Growth Equity · $12.26M AUM · 1.40% expense ratio. Holdings, fees, performance and SEC filings.
RFTSX Fund Overview
RFTSX — Ranger Small 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: $12.26M
- Ticker: RFTSX
- SEC CIK: 0001524348
- SEC series ID: S000033849
- Share class ID: C000104512
RFTSX Investment Objective and Strategy
Ranger Small 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 small capitalization (""small cap"") companies. The Fund defines small cap companies as those that at the time of initial purchase: (i) have a market capitalization between $100 million and $2.5 billion, or (ii) are within the capitalization range of the Russell 2000 Growth Index as of its most recent reconstitution date, which was $51.89 million to $6.70 billion as of June 22, 2018. The adviser's strategy begins with the narrowing of the small 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."
RFTSX Holdings
Top 10 holdings of Ranger Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ligand Pharmaceuticals, Inc. | 4.53% |
| Sharkninja, Inc. | 3.39% |
| UL Solutions, Inc. | 3.34% |
| Oceaneering International, Inc. | 3.17% |
| Chime Financial, Inc. | 2.87% |
| HealthEquity, Inc. | 2.80% |
| PDF Solutions, Inc. | 2.68% |
| Fidelity Institutional Cash Portfolios | 2.56% |
| Triumph Financial, Inc. | 2.51% |
| Casella Waste Systems, Inc. | 2.50% |
RFTSX Portfolio Allocation
Asset-class allocation of Ranger Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.8% |
| Cash & Equivalents | 2.6% |
RFTSX Performance
Total returns for RFTSX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.5% |
| 1 year | 5.0% |
| 3 years (annualised) | 2.9% |
| 5 years (annualised) | -1.6% |
RFTSX Risk Information
Risk metrics for RFTSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.8%
RFTSX Costs and Fees
RFTSX costs about $140 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.40%
- Gross expense ratio: 1.82%
- Portfolio turnover: 49%
- Brokerage commissions: 7.68 bps of average net assets (SEC N-CEN)
RFTSX Cashflows
Over the 12 months to 2026-07, Ranger Small Cap Fund had net outflows of $16.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$20.47K |
| 2026-06 | −$17.41K |
| 2026-05 | −$9.74M |
| 2026-04 | −$455.72K |
| 2026-03 | −$322.24K |
| 2026-02 | $92.16K |
RFTSX Debt Constituents
No individual debt constituents are reported in Ranger Small Cap Fund's latest SEC N-PORT filing.
RFTSX Prospectus and SEC Filings
Official Ranger Small 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.