RMBDX — RMB Dividend Growth Fund

RMBDX Fund Overview

RMBDX — RMB Dividend Growth Fund is a US mutual fund managed by Rmb Investors Trust, categorised as Global (incl. US) Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Rmb Investors Trust
• Category: Global (incl. US) Blend / Core Equity
• Assets under management: $6.20M
• Ticker: RMBDX
• SEC CIK: 0000030126
• SEC series ID: S000065672
• Share class ID: C000212441

RMBDX Investment Objective and Strategy

RMB Dividend Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Rmb Investors Trust.

Investment objective

The RMB Dividend Growth Fund (the Fund) seeks long term capital appreciation. Income is generally of less importance, meaning that it is a secondary goal.

Principal investment strategy

The Fund seeks to achieve its investment objective by investing in equity securities of companies primarily with large market capitalizations. For this purpose, the Adviser defines a large capitalization company as any company with a market capitalization in excess of $10 billion at the time of purchase, although the Fund may invest in companies with smaller market capitalizations from time to time. The Fund may invest in sponsored and unsponsored American Depositary Receipts and/or Global Depositary Receipts. The Adviser actively manages the Fund through a fundamental, bottom up research approach. The Fund seeks to own a portfolio of companies which offer above average sustainable dividend growth by investing in high quality businesses managed by skilled allocators of capital, with a superior competitive position, improving return on investment, and growing cash flows.

This approach seeks to avoids companies that unsustainably grow dividends purely by financial engineering, increasing leverage or simply selling productive assets and distributing proceeds to shareholders. The foundation of the strategy is the belief that stock prices follow earnings and cash flow growth over longer periods of time. The Fund invests in companies that have a history of increasing dividend payments and that the Adviser believes will be able to continue increasing dividend payments in future years. The Adviser believes that companies that increase their dividends have a below average risk profile compared to the overall market. The Fund may have more exposure to certain sectors (e.g. Information Technology) as a result of its investment strategy. The Fund may own a limited number of holdings (approximately 20 to 40 positions), but manages portfolio risk by diversifying across sectors and industries and avoiding companies with significant financial leverage.

The Funds holdings in a company are sold or reduced for a variety of reasons, including when the company reaches the target price established by the Adviser, the Advisers reason for investing in the company is no longer valid, a higher conviction investment opportunity presents itself or for diversification or portfolio repositioning purposes.

RMBDX Costs and Fees

RMBDX costs about $81 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.81%
• Gross expense ratio: 1.20%
• Portfolio turnover: 58%
• Brokerage commissions: 0.37 bps of average net assets (SEC N-CEN)

RMBDX Cashflows

Over the 12 months to 2020-03, RMB Dividend Growth Fund had net inflows of $4.11M, from monthly SEC N-PORT filings.

RMBDX Debt Constituents

No individual debt constituents are reported in RMB Dividend Growth Fund's latest SEC N-PORT filing.

RMBDX Prospectus and SEC Filings

Official RMB Dividend Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-07-10
• Portfolio holdings (N-PORT) — filed 2020-05-28
• Annual census (N-CEN) — filed 2020-03-12
• Annual census (N-CEN) — filed 2019-09-13

Related Funds

Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity International Fund (FUSIX)
• Strategic Advisers International Fund (FILFX)
• First American Multi-Manager International Equity Fund (FAIEX)
• Symmetry Panoramic International Equity Fund (SPILX)
• FPA Paramount Fund, Inc. (FPRAX)

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.