ZSCIX — Zacks Small-Cap Core Fund

ZSCIX Fund Overview

ZSCIX — Zacks Small-Cap Core Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as United States Small Cap 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: Investment Managers Series Trust
• Category: United States Small Cap Blend / Core Equity
• Assets under management: $31.73M
• 1-year return: 0.7%
• Ticker: ZSCIX
• SEC CIK: 0001318342
• SEC series ID: S000032900
• Share class ID: C000138525

ZSCIX Investment Objective and Strategy

Zacks Small-Cap Core Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.

Investment objective

The investment objective of the Zacks Small-Cap Core Fund is capital appreciation.

Principal investment strategy

"The Fund pursues its investment objective by applying a hybrid research process which uses both quantitative and qualitative criteria. Zacks Investment Management, Inc. (the ""Advisor"") uses a proprietary model to quantitatively assess the attractiveness of a large universe of stocks based on potential capital appreciation. The primary aim of the quantitative model is to identify those companies most likely to generate positive alpha, or excess return over the market, when adjusted for stock beta, or movement with the market. From a smaller universe of stocks that are highly ranked by the quantitative model, the portfolio managers select small-cap stocks with attractive risk/return characteristics based on qualitative criteria. Portfolio construction incorporates risk controls. Under normal circumstances, the Fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in a diversified portfolio of equity securities of small capitalization companies, with an emphasis on equity securities of U.S.

issuers. The Fund's investments in equity securities may include common stock, preferred stock and convertible securities. The Fund considers small capitalization companies to be companies within the range of those companies included in the Russell 2000 Index at the time of purchase. Because small capitalization companies are defined by reference to an index, the range of market capitalization companies in which the Fund invests may vary with market conditions. As of May 31, 2017, the market capitalizations of companies included in the Russell 2000 Index were between $192 million and $7.5 billion. The Russell 2000 Index is reconstituted annually, typically on May 31 of each year, to seek to ensure that larger stocks do not distort the performance and characteristics of the Index and that the represented companies continue to reflect small capitalization characteristics.

The Fund is designed to be a ""core"" fund that seeks to combine both value and growth characteristics within the small-cap universe. The Fund seeks to diversify its assets by investing in securities from a pool of more than one dozen industry sectors. The Advisor allocates assets opportunistically based on market information and is not constrained by investment style parameters. Sector and style allocations generally result from a hybrid research process using quantitative and qualitative criteria. The Fund may engage in short-sale transactions up to 25% of its net assets. The Fund's investment strategy involves active and frequent trading. Under normal circumstances, the Fund invests primarily in equity securities of U.S. issuers. The Fund also may invest in equity securities of Canadian issuers and American Depository Receipts (""ADRs"").

ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks."

ZSCIX Holdings

Top 10 holdings of Zacks Small-Cap Core Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all ZSCIX holdings

ZSCIX Portfolio Allocation

Asset-class allocation of Zacks Small-Cap Core Fund by percentage of net assets, from the latest SEC N-PORT filing.

ZSCIX Performance

Total returns for ZSCIX (as of 2026-10-01), from SEC filings.

ZSCIX Risk Information

Risk metrics for ZSCIX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 19.6%

ZSCIX Costs and Fees

ZSCIX costs about $114 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.14%
• Gross expense ratio: 1.42%
• Portfolio turnover: 94%
• Brokerage commissions: 7.69 bps of average net assets (SEC N-CEN)

ZSCIX Cashflows

Over the 12 months to 2023-11, Zacks Small-Cap Core Fund had net inflows of $11.58M, from monthly SEC N-PORT filings.

ZSCIX Debt Constituents

No individual debt constituents are reported in Zacks Small-Cap Core Fund's latest SEC N-PORT filing.

ZSCIX Prospectus and SEC Filings

Official Zacks Small-Cap Core Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-03-25
• Prospectus supplement (497) — filed 2023-04-05
• Prospectus supplement (497) — filed 2021-04-05
• Portfolio holdings (N-PORT) — filed 2024-01-26
• Portfolio holdings (N-PORT) — filed 2023-10-30
• Portfolio holdings (N-PORT) — filed 2023-07-31
• Annual census (N-CEN) — filed 2024-02-12
• Annual census (N-CEN) — filed 2023-02-09

Related Funds

Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:

• iShares Core S&P Small-Cap ETF (IJR)
• iShares Russell 2000 ETF (IWM)
• Fidelity Small Cap Index Fund (FSSNX)
• Schwab U.S. Small-Cap ETF (SCHA)
• U.s. Small Cap Portfolio (DFSTX)

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.