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 above-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
North Star Micro Cap Fund (NSMVX) returned -7.22% year-to-date (YTD) and 0.96% over the past 12 months. Over the past 10 years, NSMVX returned 6.46% annually, underperforming the S&P 500 benchmark at 10.84%.
NSMVX
-7.22%
7.72%
-10.54%
0.96%
5.36%
11.31%
6.46%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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% | -3.41% | -6.69% | -3.46% | 7.07% | -7.22% | |||||||
| 2024 | -2.23% | 3.32% | 6.77% | -5.44% | 5.42% | -2.44% | 10.81% | -2.56% | 0.43% | -4.31% | 10.08% | -3.74% | 15.30% |
| 2023 | 10.71% | -1.85% | -1.32% | -1.49% | -2.25% | 8.23% | 4.78% | -5.39% | -3.38% | -2.89% | 8.01% | 8.95% | 22.31% |
| 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% | 1.31% | 14.12% |
| 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% | -8.86% | -13.50% |
| 2017 | -0.97% | -1.16% | 1.25% | 3.19% | -3.30% | 1.74% | -1.71% | 1.02% | 5.57% | -0.65% | 0.89% | -0.82% | 4.84% |
| 2016 | -6.91% | 0.80% | 4.52% | 1.87% | 1.14% | 1.26% | 5.43% | 2.43% | 2.85% | -2.96% | 11.19% | 2.82% | 26.08% |
| 2015 | -5.02% | 1.84% | 0.33% | 0.26% | -1.72% | 1.75% | -3.66% | -3.61% | -8.90% | 4.28% | 1.66% | -1.85% | -14.36% |
| 2014 | -2.85% | 3.30% | 2.34% | -3.54% | 1.51% | 1.84% | -2.61% | 4.53% | -3.86% | 5.40% | -0.54% | 3.80% | 9.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NSMVX is 12, meaning it’s performing worse than 88% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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.
Loading data...
Dividends
Dividend History
North Star Micro Cap Fund provided a 3.21% dividend yield over the last twelve months, with an annual payout of $1.25 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 | $1.25 | $1.25 | $0.27 | $0.08 | $1.35 | $0.00 | $0.26 | $1.72 | $0.91 | $0.93 | $1.20 | $2.41 |
Dividend yield | 3.21% | 2.98% | 0.72% | 0.26% | 3.30% | 0.01% | 0.94% | 7.51% | 3.23% | 3.34% | 5.23% | 8.59% |
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 | $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 | $1.25 | $1.25 |
| 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 | $1.35 | $1.35 |
| 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 | $1.72 | $1.72 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.93 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 | $1.20 |
| 2014 | $2.41 | $2.41 |
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 data...
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 41.32%, occurring on Mar 18, 2020. Recovery took 92 trading sessions.
The current North Star Micro Cap Fund drawdown is 13.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.32% | Aug 22, 2018 | 395 | Mar 18, 2020 | 92 | Jul 29, 2020 | 487 |
| -40.82% | Jun 10, 2021 | 327 | Sep 26, 2022 | — | — | — |
| -25.02% | Apr 16, 2015 | 209 | Feb 11, 2016 | 193 | Nov 15, 2016 | 402 |
| -8.68% | Mar 15, 2021 | 8 | Mar 24, 2021 | 21 | Apr 23, 2021 | 29 |
| -8.32% | Sep 3, 2014 | 28 | Oct 10, 2014 | 15 | Oct 31, 2014 | 43 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...