Cove Street Capital Small Cap Value Fund (CSCAX)
The investment seeks capital appreciation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a limited number of equity securities of small capitalization companies. The advisor considers a company to be a small-cap company if it has a market capitalization, at the time of purchase, in the range of $50 million to $5 billion. Although it will invest primarily in the equity securities of U.S. companies, the fund may also invest up to 20% of its assets in the securities of foreign companies, including common and preferred stocks.
Fund Info
| ISIN | US56166Y8755 |
|---|---|
| CUSIP | 56166Y875 |
| Issuer | Cove Street Capital |
| Inception Date | Oct 3, 2001 |
| Category | Small Cap Blend Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
CSCAX has a high expense ratio of 1.22%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CSCAX vs. VJPA.L, CSCAX vs. VWCG.DE, CSCAX vs. VFEA.DE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Cove Street Capital Small Cap Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Cove Street Capital Small Cap Value Fund had a return of -3.26% year-to-date (YTD) and -2.67% in the last 12 months. Over the past 10 years, Cove Street Capital Small Cap Value Fund had an annualized return of -1.48%, while the S&P 500 had an annualized return of 11.05%, indicating that Cove Street Capital Small Cap Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.26% | 21.24% |
| 1 month | 1.90% | 0.55% |
| 6 months | -2.74% | 11.47% |
| 1 year | -2.67% | 32.45% |
| 5 years (annualized) | -2.32% | 13.43% |
| 10 years (annualized) | -1.48% | 11.05% |
Monthly Returns
The table below presents the monthly returns of CSCAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.90% | 4.16% | -0.56% | -6.01% | -4.60% | -0.49% | 12.63% | -10.01% | 2.31% | 3.70% | -3.26% | ||
| 2023 | 10.01% | -3.48% | -3.15% | -0.00% | 7.28% | 7.01% | 2.22% | -5.15% | -4.58% | -4.87% | -0.50% | 5.51% | 9.08% |
| 2022 | -2.62% | 1.70% | 2.53% | -7.10% | -0.17% | -6.94% | 7.04% | -0.09% | -11.28% | 11.49% | -11.83% | -5.36% | -22.64% |
| 2021 | 2.62% | 10.55% | 6.11% | 2.23% | 5.27% | -5.03% | 1.34% | 0.92% | -3.82% | 1.90% | -14.68% | 6.33% | 11.88% |
| 2020 | -5.53% | -7.01% | -31.48% | 12.56% | 3.14% | 1.83% | 3.48% | 5.31% | -5.35% | 0.91% | 17.14% | 5.34% | -8.62% |
| 2019 | 9.81% | 3.77% | 1.43% | 5.24% | -6.75% | 5.49% | -1.01% | -6.05% | 2.17% | -0.75% | 5.63% | 3.49% | 23.35% |
| 2018 | 1.03% | -5.30% | 0.29% | -0.87% | 2.16% | 1.37% | 3.07% | 3.56% | -0.92% | -7.49% | 1.04% | -12.49% | -14.80% |
| 2017 | -0.09% | 1.85% | -1.04% | 2.12% | -2.83% | 2.68% | 1.19% | -3.35% | 3.58% | -1.26% | 0.28% | -0.30% | 2.62% |
| 2016 | -6.43% | 2.13% | 12.00% | 2.11% | -2.09% | -1.28% | 3.46% | 1.94% | 0.29% | -4.33% | 5.71% | 1.45% | 14.63% |
| 2015 | -5.03% | 6.84% | 1.15% | 3.94% | 0.06% | -1.09% | -2.01% | -3.39% | -5.12% | 8.56% | -6.08% | -5.14% | -8.30% |
| 2014 | -5.23% | 5.32% | -2.03% | -3.36% | 0.83% | 7.13% | -5.52% | 3.44% | -3.89% | 2.84% | -11.10% | 2.71% | -9.98% |
| 2013 | 4.28% | 0.78% | 4.33% | -0.50% | 5.04% | -1.81% | 7.27% | -3.71% | 6.69% | 6.08% | -5.24% | 1.01% | 25.90% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CSCAX is 1, indicating that it is in the bottom 1% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Cove Street Capital Small Cap Value Fund (CSCAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Cove Street Capital Small Cap Value Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.47 | $0.42 | $0.28 |
Dividend yield | 0.00% | 0.00% | 0.00% | 1.24% | 1.24% | 0.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Cove Street Capital Small Cap Value 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $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 | $0.47 | $0.47 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2019 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Cove Street Capital Small Cap Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Cove Street Capital Small Cap Value Fund was 75.67%, occurring on Nov 20, 2008. Recovery took 1118 trading sessions.
The current Cove Street Capital Small Cap Value Fund drawdown is 30.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.67% | Jun 4, 2007 | 371 | Nov 20, 2008 | 1118 | May 6, 2013 | 1489 |
| -49.67% | Nov 14, 2013 | 1595 | Mar 18, 2020 | 226 | Feb 9, 2021 | 1821 |
| -38.16% | Nov 8, 2021 | 656 | Jun 18, 2024 | — | — | — |
| -31.97% | Apr 17, 2002 | 122 | Oct 9, 2002 | 171 | Jun 16, 2003 | 293 |
| -11.4% | May 11, 2006 | 49 | Jul 21, 2006 | 60 | Oct 16, 2006 | 109 |
Volatility
Volatility Chart
The current Cove Street Capital Small Cap Value Fund volatility is 5.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.