Adirondack Small Cap Fund (ADKSX)
The fund seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the fund's investment advisor. Small capitalization companies are defined by the investment advisor as issuers that, have a market capitalization that is within or below the range of companies in the Russell 2000 Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in common stocks of small capitalization companies. The fund may invest up to 15% of its total assets in sponsored ADRs issued by foreign companies.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Adirondack Small Cap Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $28,389 for a total return of roughly 183.89%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Adirondack Small Cap Fund had a return of 1.01% year-to-date (YTD) and -0.09% in the last 12 months. Over the past 10 years, Adirondack Small Cap Fund had an annualized return of 6.90%, while the S&P 500 had an annualized return of 9.78%, indicating that Adirondack Small Cap Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -8.13% | -1.87% |
| Year-To-Date | 1.01% | 4.25% |
| 6 months | 11.62% | 2.64% |
| 1 year | -0.09% | -10.31% |
| 5 years (annualized) | 3.95% | 8.11% |
| 10 years (annualized) | 6.90% | 9.78% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 10.21% | -1.32% | ||||||||||
| 2022 | -11.34% | 13.79% | 7.25% | -1.60% |
Dividend History
Adirondack Small Cap Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.02 | $0.05 | $2.33 | $2.26 | $0.71 | $0.66 | $1.48 | $0.95 | $0.04 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.12% | 0.28% | 15.68% | 11.67% | 4.04% | 4.52% | 9.47% | 6.15% | 0.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Adirondack Small Cap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.33 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.26 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 |
| 2012 | $0.04 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Adirondack Small Cap Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Adirondack Small Cap Fund is 61.46%, recorded on Mar 9, 2009. It took 270 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.46% | Jul 20, 2007 | 412 | Mar 9, 2009 | 270 | Apr 5, 2010 | 682 |
| -54.81% | Sep 4, 2018 | 390 | Mar 23, 2020 | 222 | Feb 8, 2021 | 612 |
| -25.84% | May 2, 2011 | 108 | Oct 3, 2011 | 313 | Jan 2, 2013 | 421 |
| -22.81% | Nov 8, 2021 | 222 | Sep 26, 2022 | 81 | Jan 23, 2023 | 303 |
| -21.65% | Apr 16, 2015 | 209 | Feb 11, 2016 | 190 | Nov 11, 2016 | 399 |
| -15.22% | Apr 3, 2014 | 134 | Oct 13, 2014 | 106 | Mar 18, 2015 | 240 |
| -14.25% | May 4, 2010 | 44 | Jul 6, 2010 | 84 | Nov 2, 2010 | 128 |
| -12.4% | Feb 3, 2023 | 30 | Mar 17, 2023 | — | — | — |
| -10.15% | Jun 14, 2021 | 25 | Jul 19, 2021 | 74 | Nov 1, 2021 | 99 |
| -9.45% | Jan 16, 2018 | 53 | Apr 2, 2018 | 68 | Jul 9, 2018 | 121 |
Volatility Chart
Current Adirondack Small Cap Fund volatility is 33.51%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.