North Star Micro Cap Fund (NSMVX)
The investment seeks capital appreciation and, secondarily, to derive income from short term liquid securities. The fund seeks to achieve its investment objective of capital appreciation by investing at least 80% of its net assets in micro-cap companies. It generally invests between 80-100% of its assets in equity securities of U.S. companies that the adviser believes are currently undervalued and have the potential for capital appreciation.
Fund Info
US66538A2996
66538A299
May 31, 2013
$5,000
Small-Cap
Blend
Expense Ratio
NSMVX has a high expense ratio of 1.30%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in North Star Micro Cap 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
North Star Micro Cap Fund had a return of -0.02% year-to-date (YTD) and 12.18% in the last 12 months. Over the past 10 years, North Star Micro Cap Fund had an annualized return of 4.73%, while the S&P 500 had an annualized return of 11.31%, indicating that North Star Micro Cap Fund did not perform as well as the benchmark.
NSMVX
-0.02%
-0.36%
4.26%
12.18%
10.12%
4.73%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of NSMVX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.41% | -0.02% | |||||||||||
| 2024 | -2.23% | 3.32% | 6.77% | -5.44% | 5.42% | -2.44% | 10.81% | -2.56% | 0.43% | -4.31% | 10.08% | -5.78% | 12.87% |
| 2023 | 10.71% | -1.85% | -1.32% | -1.49% | -2.25% | 8.23% | 4.78% | -5.39% | -3.38% | -2.89% | 8.02% | 8.95% | 22.32% |
| 2022 | -6.61% | 0.05% | -3.47% | -6.63% | -0.70% | -8.05% | 5.04% | -5.89% | -11.04% | 8.30% | 5.96% | -3.14% | -24.84% |
| 2021 | 8.04% | 5.69% | 2.74% | 4.78% | 2.92% | -0.26% | -3.27% | -0.07% | -6.04% | 3.67% | -5.20% | -1.63% | 10.81% |
| 2020 | -1.04% | -8.37% | -23.83% | 19.17% | 9.48% | 8.99% | 8.44% | 9.00% | -3.66% | 1.92% | 16.00% | 3.76% | 37.19% |
| 2019 | 8.41% | 5.07% | -3.35% | 3.51% | -4.59% | 6.43% | -0.30% | -4.88% | 4.41% | -0.35% | 0.62% | 4.04% | 19.52% |
| 2018 | 0.78% | -1.02% | 1.81% | -1.53% | 3.71% | 1.06% | 0.13% | 2.96% | -3.86% | -7.82% | -0.89% | -14.84% | -19.17% |
| 2017 | -0.97% | -1.16% | 1.25% | 3.19% | -3.30% | 1.74% | -1.71% | 1.02% | 5.57% | -0.65% | 0.89% | -3.97% | 1.51% |
| 2016 | -6.91% | 0.80% | 4.52% | 1.87% | 1.14% | 1.26% | 5.43% | 2.43% | 2.85% | -2.96% | 11.19% | -0.50% | 22.01% |
| 2015 | -5.02% | 1.84% | 0.33% | 0.26% | -1.72% | 1.75% | -3.66% | -3.61% | -8.90% | 4.28% | 1.66% | -6.67% | -18.56% |
| 2014 | -2.85% | 3.30% | 2.34% | -3.54% | 1.51% | 1.84% | -2.61% | 4.53% | -3.86% | 5.40% | -0.54% | -4.39% | 0.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NSMVX is 34, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for North Star Micro Cap Fund (NSMVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
North Star Micro Cap Fund provided a 0.73% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.27 | $0.08 | $0.11 | $0.00 | $0.26 | $0.04 | $0.00 | $0.00 | $0.03 | $0.14 |
Dividend yield | 0.73% | 0.73% | 0.72% | 0.26% | 0.26% | 0.01% | 0.94% | 0.17% | 0.00% | 0.00% | 0.12% | 0.49% |
Monthly Dividends
The table displays the monthly dividend distributions for North Star Micro 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2020 | $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 |
| 2019 | $0.00 | $0.04 | $0.07 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.26 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2017 | $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 |
| 2016 | $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 |
| 2015 | $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 |
| 2014 | $0.14 | $0.14 |
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 North Star Micro 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 North Star Micro Cap Fund was 45.16%, occurring on Mar 18, 2020. Recovery took 100 trading sessions.
The current North Star Micro Cap Fund drawdown is 11.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.16% | Aug 22, 2018 | 395 | Mar 18, 2020 | 100 | Aug 10, 2020 | 495 |
| -42.54% | Jun 10, 2021 | 327 | Sep 26, 2022 | — | — | — |
| -31.66% | Nov 28, 2014 | 303 | Feb 11, 2016 | 413 | Oct 2, 2017 | 716 |
| -10.13% | Dec 2, 2013 | 46 | Feb 6, 2014 | 143 | Sep 2, 2014 | 189 |
| -8.68% | Mar 15, 2021 | 8 | Mar 24, 2021 | 21 | Apr 23, 2021 | 29 |
Volatility
Volatility Chart
The current North Star Micro Cap Fund volatility is 4.94%, 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.