Ranger Micro Cap Fund (RFIMX)
Under normal market conditions, the fund invests at least 80% of its assets in common stocks of micro capitalization ("micro cap") companies. The adviser's strategy begins by narrowing the micro cap stock universe to identify companies that the adviser believes have a proven track record of competitive advantages and the ability to produce sustainable value for shareholders in the foreseeable future.
Fund Info
US75281Y4044
Jun 6, 2018
$250,000
Small-Cap
Growth
Expense Ratio
RFIMX has a high expense ratio of 1.51%, 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 Ranger 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
Ranger Micro Cap Fund had a return of 3.58% year-to-date (YTD) and 16.23% in the last 12 months.
RFIMX
3.58%
0.40%
6.97%
16.23%
-7.49%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RFIMX, 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 | 3.31% | 3.58% | |||||||||||
| 2024 | -4.92% | 6.30% | 6.23% | -6.01% | 7.76% | -0.99% | 6.70% | -4.41% | -1.12% | -3.25% | 13.16% | -6.20% | 11.52% |
| 2023 | 9.65% | -0.76% | -1.99% | -2.65% | 5.61% | 7.59% | 4.37% | -5.41% | -9.57% | -10.11% | 4.75% | 9.23% | 8.32% |
| 2022 | -12.66% | -1.65% | -2.77% | -12.11% | 1.62% | -3.30% | 12.25% | -3.67% | -7.08% | 4.92% | 4.92% | -36.00% | -48.94% |
| 2021 | 8.08% | 9.65% | -0.94% | 4.22% | -2.50% | 5.03% | 1.04% | 0.57% | -4.66% | 9.24% | -3.88% | -39.80% | -23.27% |
| 2020 | -0.09% | -8.48% | -22.35% | 15.25% | 13.58% | 3.95% | 6.92% | 4.83% | 3.13% | -0.59% | 17.47% | 10.76% | 44.44% |
| 2019 | 9.41% | 9.14% | -2.56% | 2.02% | -4.76% | 4.79% | 3.77% | -5.45% | 0.61% | 1.81% | 4.05% | 0.85% | 24.94% |
| 2018 | 1.60% | -1.67% | 9.01% | -1.56% | -11.85% | 2.54% | -12.28% | -15.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RFIMX is 31, 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 Ranger Micro Cap Fund (RFIMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 Ranger 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 Ranger Micro Cap Fund was 73.78%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current Ranger Micro Cap Fund drawdown is 65.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.78% | Nov 17, 2021 | 490 | Oct 30, 2023 | — | — | — |
| -42.55% | Jan 21, 2020 | 41 | Mar 18, 2020 | 95 | Aug 3, 2020 | 136 |
| -27.85% | Sep 5, 2018 | 77 | Dec 24, 2018 | 267 | Jan 16, 2020 | 344 |
| -9.11% | Feb 16, 2021 | 30 | Mar 29, 2021 | 61 | Jun 24, 2021 | 91 |
| -8.03% | Oct 13, 2020 | 14 | Oct 30, 2020 | 7 | Nov 10, 2020 | 21 |
Volatility
Volatility Chart
The current Ranger Micro Cap Fund volatility is 4.40%, 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.