RTSSX Performance — Tax-Managed U.S. Mid & Small Cap Fund, Class S
Data updated: 2026-09-25
RTSSX returned +15.79% year to date and +23.98% over one year to Jul 2026. Annualised returns are +10.61% over 3 years and +4.80% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $135, against $146 for the category, and to $124 over one year, against $129. Volatility over the past three years was 18.15% a year. In the 12 months to Jul 2026 the fund lost a net $29.8M, and assets reached $2.05B.
RTSSX 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 | RTSSX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $129 |
| 3 years (Aug 2023 – Jul 2026) | $135 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $126 | $141 |
| Since data start (Aug 2019 – Jul 2026) | $180 | $204 |
RTSSX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.79% |
| 1 year | +23.98% |
| 3 years (annualised) | +10.61% |
| 5 years (annualised) | +4.80% |
RTSSX 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) | +15.79% |
| 2025 | +5.24% |
| 2024 | +7.24% |
| 2023 | +16.62% |
| 2022 | −19.12% |
| 2021 | +19.89% |
| 2020 | +15.33% |
| 2019 (Aug–Dec) | +5.32% |
RTSSX 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% | −5.6% | +10.0% | +2.8% | +5.6% | −4.3% | — | — | — | — | — |
| 2025 | +2.2% | −4.8% | −6.5% | −2.9% | +4.9% | +4.4% | +1.6% | +5.2% | +0.2% | −0.4% | +2.3% | −0.3% |
| 2024 | −2.4% | +5.2% | +4.3% | −6.8% | +3.7% | −1.8% | +7.9% | −1.1% | +0.8% | −1.6% | +8.8% | −8.3% |
| 2023 | +10.2% | −2.2% | −4.4% | −1.1% | −2.8% | +8.9% | +4.4% | −3.8% | −5.2% | −6.4% | +9.0% | +11.3% |
| 2022 | −8.0% | +0.3% | −0.1% | −8.1% | +0.7% | −9.3% | +10.1% | −3.1% | −9.9% | +10.6% | +4.5% | −5.9% |
| 2021 | +1.5% | +7.2% | +2.8% | +4.5% | +0.6% | −0.3% | −0.3% | +2.0% | −3.1% | +3.5% | −3.8% | +4.2% |
| 2020 | −2.0% | −8.6% | −21.2% | +13.7% | +6.3% | +2.0% | +4.4% | +3.9% | −3.1% | +2.0% | +15.2% | +7.4% |
| 2019 | — | — | — | — | — | — | — | −3.8% | +1.9% | +1.7% | +3.9% | +1.7% |
RTSSX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.15%
- 3-year Sharpe ratio: 0.34 (vs 4.5% risk-free rate)
- Best month: +11.26% (Dec 2023)
- Worst month: −8.31% (Dec 2024)
RTSSX 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 |
RTSSX 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.