RTSAX Performance — Tax-Managed U.S. Mid & Small Cap Fund, Class A
Data updated: 2026-09-25
RTSAX returned +15.59% year to date and +23.63% over one year to Jul 2026. Over one year the fund trailed its US Small Blend category average: $100 grew to $124, against $129 for the category. Volatility over the past 12 months was 15.16% a year. In the 12 months to Jul 2026 the fund lost a net $29.8M, and assets reached $2.05B.
RTSAX Growth of $100
What $100 invested in Tax-Managed U.S. Mid & Small Cap 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 | RTSAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $129 |
| 3 years (Aug 2023 – Jul 2026) | $46 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $10 | $141 |
| Since data start (Aug 2019 – Jul 2026) | $4 | $204 |
RTSAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.59% |
| 1 year | +23.63% |
3- and 5-year figures withheld: returns differ from sibling classes.
RTSAX Annual Returns
Calendar-year total returns of Tax-Managed U.S. Mid & Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.59% |
| 2025 | −1.08% |
| 2024 | −47.47% |
| 2023 | −42.83% |
| 2022 | −60.37% |
| 2021 | −41.30% |
| 2020 | −43.49% |
| 2019 (Aug–Dec) | −21.74% |
RTSAX 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 | +5.2% | +2.1% | −5.7% | +10.0% | +2.8% | +5.6% | −4.3% | — | — | — | — | — |
| 2025 | −3.7% | −4.9% | −6.5% | −3.0% | +4.9% | +4.4% | +1.6% | +5.2% | +0.2% | −0.5% | +2.3% | −0.3% |
| 2024 | −8.1% | −0.9% | −1.8% | −12.1% | −2.3% | −7.5% | +1.7% | −6.8% | −5.0% | −7.2% | +2.5% | −13.6% |
| 2023 | +3.7% | −7.8% | −9.9% | −6.8% | −8.5% | +2.7% | −1.6% | −9.3% | −10.7% | −11.7% | +2.7% | +4.9% |
| 2022 | −13.4% | −5.5% | −5.8% | −13.4% | −5.1% | −14.5% | +3.7% | −8.7% | −15.1% | +4.2% | −1.6% | −11.3% |
| 2021 | −4.3% | +1.0% | −3.1% | −1.5% | −5.2% | −6.1% | −6.1% | −3.9% | −8.6% | −2.5% | −9.4% | −1.8% |
| 2020 | −7.6% | −14.0% | −25.7% | +7.1% | +0.2% | −3.9% | −1.6% | −2.1% | −8.7% | −3.9% | +8.6% | +1.2% |
| 2019 | — | — | — | — | — | — | — | −9.3% | −4.0% | −4.2% | −2.1% | −4.2% |
RTSAX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 15.16%
- Best month: +9.97% (Apr 2026)
- Worst month: −5.66% (Mar 2026)
RTSAX Fund Flows
Monthly money in and out of Tax-Managed U.S. Mid & Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$29.8M
- 12-month gross sales (incl. reinvestments): $360.8M
- Sales ÷ redemptions: 0.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $21.7M | $129.7M | −$108.0M |
| Jun 2026 | $24.7M | $22.6M | $2.1M |
| May 2026 | $23.3M | $18.7M | $4.5M |
| Apr 2026 | $24.3M | $20.0M | $4.3M |
| Mar 2026 | $31.5M | $18.0M | $13.4M |
| Feb 2026 | $22.7M | $14.7M | $8.0M |
| Jan 2026 | $31.2M | $23.3M | $7.9M |
| Dec 2025 | $44.2M | $29.5M | $14.7M |
| Nov 2025 | $71.5M | $63.6M | $7.9M |
| Oct 2025 | $22.9M | $14.8M | $8.1M |
| Sep 2025 | $21.8M | $14.8M | $7.0M |
| Aug 2025 | $21.1M | $20.9M | $195K |
RTSAX Assets Under Management
Net assets of Tax-Managed U.S. Mid & Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.05B |
| 2026-04-30 | $2.07B |
| 2026-01-31 | $1.93B |
| 2025-10-31 | $1.77B |
| 2025-07-31 | $1.68B |
| 2025-04-30 | $1.48B |
| 2025-01-31 | $1.70B |
| 2024-10-31 | $1.73B |
| 2024-07-31 | $1.72B |
| 2024-04-30 | $1.54B |
| 2024-01-31 | $1.49B |
| 2023-10-31 | $1.26B |
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.