- ISIN
- US5430692070
- CUSIP
- 543069207
- Issuer
- Longleaf Partners
- Inception Date
- Feb 21, 1989
- Category
- Mid Cap Blend Equities
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
LLSCX Performance Chart
Longleaf Partners Small-Cap Fund (LLSCX) is down 5.5% since the beginning of the year. LLSCX is currently trading at $27 per share. Investors who bought $1,000 worth of LLSCX shares 5 years ago would now be looking at an investment worth $1,029.
Loading charts...
Returns By Period
Longleaf Partners Small-Cap Fund (LLSCX) has returned -5.53% so far this year and -1.07% over the past 12 months. Over the last ten years, LLSCX has returned 5.78% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Longleaf Partners Small-Cap Fund
- 1D
- 0.15%
- 1M
- -2.48%
- YTD
- -5.53%
- 6M
- -5.25%
- 1Y
- -1.07%
- 3Y*
- 8.35%
- 5Y*
- 0.58%
- 10Y*
- 5.78%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.68%
- YTD
- 11.16%
- 6M
- 11.10%
- 1Y
- 27.46%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
LLSCX Monthly Returns History
Based on dividend-adjusted daily data since Dec 28, 1988, LLSCX's average daily return is +0.04%, while the average monthly return is +0.91%. At this rate, an investment would double in approximately 6.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Jul 2020 with a return of +41.2%, while the worst month was Mar 2020 at -26.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 7 months.
On a daily basis, LLSCX closed higher 52% of trading days. The best single day was Jul 29, 2020 with a return of +46.7%, while the worst single day was Nov 12, 2014 at -16.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.58% | -1.42% | -2.85% | 1.20% | -4.19% | 0.15% | -5.53% | ||||||
| 2025 | 2.01% | -0.00% | -0.50% | -3.71% | 5.12% | 1.46% | 0.60% | 2.16% | -0.72% | -0.69% | 2.01% | -0.17% | 7.56% |
| 2024 | 1.64% | 3.07% | 1.99% | -3.19% | 3.21% | -4.16% | 7.24% | -0.58% | 2.17% | -1.22% | 8.08% | -7.81% | 9.69% |
| 2023 | 11.39% | -5.56% | -0.91% | 0.50% | -1.82% | 5.10% | 8.33% | -4.35% | -3.23% | -5.50% | 9.63% | 7.01% | 20.17% |
| 2022 | -2.36% | -0.97% | 4.21% | -9.28% | 3.37% | -10.06% | 4.83% | -0.90% | -12.70% | 7.40% | -0.00% | -2.45% | -19.25% |
| 2021 | 4.95% | 4.19% | 2.19% | 1.01% | 1.63% | -0.73% | -2.10% | -0.86% | -1.29% | 2.38% | -3.79% | 3.46% | 11.18% |
Benchmark Metrics
Longleaf Partners Small-Cap Fund has an annualized alpha of 3.58%, beta of 0.74, and R2 of 0.46 versus S&P 500 Index. Calculated based on daily prices since December 29, 1988.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.23%) than losses (84.26%) - typical of diversified or defensive assets.
- R2 of 0.46 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.58%
- Beta
- 0.74
- R²
- 0.46
- Upside Capture
- 88.23%
- Downside Capture
- 84.26%
Expense Ratio
LLSCX has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LLSCX ranks 2 for risk / return — in the bottom 2% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Longleaf Partners Small-Cap Fund (LLSCX) and compare them to S&P 500 Index.
| LLSCX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.09 | 2.39 | -2.47 |
Sortino ratioReturn per unit of downside risk | -0.03 | 3.25 | -3.29 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.43 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | -0.10 | 3.11 | -3.21 |
Martin ratioReturn relative to average drawdown | -0.25 | 14.38 | -14.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Longleaf Partners Small-Cap Fund provided a 1.24% dividend yield over the last twelve months, with an annual payout of $0.34 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.34 | $0.03 | $0.24 | $0.25 | $0.22 | $1.40 | $3.61 | $4.01 | $2.33 | $4.95 | $1.60 |
Dividend yield | 1.24% | 1.17% | 0.11% | 0.94% | 1.20% | 0.82% | 5.85% | 14.89% | 18.13% | 8.43% | 18.01% | 5.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Longleaf Partners 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Longleaf Partners Small-Cap 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 Longleaf Partners Small-Cap Fund was 63.97%, occurring on Mar 9, 2009. Recovery took 525 trading sessions.
The current Longleaf Partners Small-Cap Fund drawdown is 9.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -63.97%Mar 2009 | 1y 5mo | 2y 28d | 3y 6moOct 2007 - Apr 2011 |
COVID crash2020 | -42.23%Mar 2020 | 2mo 2d | 4mo 8d | 6mo 10dJan 2020 - Jul 2020 |
1990 bear market1990 | -34.19%Nov 1990 | 1y 1mo | 2y 5mo | 3y 7moOct 1989 - May 1993 |
2016 bear market2016 | -30.36%Feb 2016 | 1y 3mo | 1y 3mo | 2y 6moNov 2014 - Jun 2017 |
Bear market2022 | -28.37%Sep 2022 | 1y 3mo | 1y 11mo | 3y 3moJun 2021 - Sep 2024 |
Drawdown Indicators
| LLSCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.97% | -56.78% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -11.30% | -9.10% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -15.40% | -18.90% | +3.50% |
Max Drawdown (5Y)Largest decline over 5 years | -28.37% | -25.43% | -2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -42.23% | -33.92% | -8.31% |
Current DrawdownCurrent decline from peak | -9.69% | 0.00% | -9.69% |
Average DrawdownAverage peak-to-trough decline | -8.90% | -10.72% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 1.97% | +2.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with LLSCX
Add Longleaf Partners Small-Cap Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with LLSCX