RBC Microcap Value Fund (RMVIX)
The fund normally invests at least 80% of its assets in microcap value stocks. It buys microcap value stocks using a quantitative model. The managers define "microcap stocks" as stocks of companies that have market capitalization at the time of the fund's initial purchase of between $20 million and the market capitalization that marks the point between the 8th and 9th deciles of New York Stock Exchange listed stocks. The adviser defines "value stocks" primarily as those with low price-to-book characteristics.
Fund Info
US74926P3652
74926P365
Sep 10, 1987
$250,000
Small-Cap
Value
Expense Ratio
RMVIX has a high expense ratio of 1.19%, 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 RBC Microcap 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
RBC Microcap Value Fund had a return of 1.60% year-to-date (YTD) and 8.35% in the last 12 months. Over the past 10 years, RBC Microcap Value Fund had an annualized return of 0.54%, while the S&P 500 had an annualized return of 11.31%, indicating that RBC Microcap Value Fund did not perform as well as the benchmark.
RMVIX
1.60%
0.96%
0.43%
8.35%
2.59%
0.54%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RMVIX, 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 | 1.30% | 1.60% | |||||||||||
| 2024 | -3.56% | 0.82% | 2.73% | -5.36% | 4.24% | -1.52% | 12.84% | -1.91% | 0.49% | -1.56% | 10.95% | -12.92% | 2.66% |
| 2023 | 7.46% | 0.04% | -7.69% | -3.72% | -1.97% | 8.74% | 7.76% | -3.62% | -4.59% | -2.86% | 7.20% | 3.09% | 8.35% |
| 2022 | -4.46% | -0.03% | -0.68% | -5.19% | 2.13% | -6.88% | 7.46% | -2.70% | -10.04% | 10.89% | 4.69% | -16.22% | -21.75% |
| 2021 | 3.52% | 10.65% | 6.28% | 2.40% | 2.57% | -1.27% | -0.81% | 3.00% | -1.90% | 4.97% | -1.70% | -1.62% | 28.43% |
| 2020 | -4.86% | -8.56% | -25.70% | 10.33% | 3.65% | 4.54% | 2.15% | 5.06% | -2.91% | 3.47% | 14.76% | 0.79% | -3.66% |
| 2019 | 9.93% | 4.81% | -3.89% | 2.90% | -8.12% | 5.33% | 0.96% | -3.99% | 4.98% | 1.47% | 1.67% | -2.10% | 13.33% |
| 2018 | 0.13% | -4.39% | 3.20% | 0.67% | 6.06% | 0.88% | 0.31% | 3.46% | -3.47% | -8.31% | -0.24% | -18.30% | -20.31% |
| 2017 | -2.89% | -0.20% | -0.33% | 2.14% | -3.22% | 3.82% | -0.35% | -1.70% | 7.82% | 1.70% | 1.58% | -11.42% | -4.19% |
| 2016 | -6.44% | 0.65% | 5.23% | 2.37% | 0.07% | 1.16% | 4.94% | 1.41% | 0.87% | -3.75% | 13.10% | -0.15% | 19.82% |
| 2015 | -3.78% | 5.26% | 3.18% | -2.54% | 0.42% | -0.52% | -3.58% | -3.68% | -2.96% | 5.52% | 3.11% | -5.86% | -6.09% |
| 2014 | -4.09% | 3.74% | 1.46% | -3.09% | 1.37% | 3.84% | -4.75% | 4.32% | -5.35% | 6.92% | -1.43% | 0.96% | 3.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RMVIX is 14, meaning it’s performing worse than 86% 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 RBC Microcap Value Fund (RMVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
RBC Microcap Value Fund provided a 1.93% dividend yield over the last twelve months, with an annual payout of $0.53 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.53 | $0.31 | $0.38 | $0.21 | $0.26 | $0.31 | $0.29 | $0.17 | $0.15 | $0.15 | $0.17 |
Dividend yield | 1.93% | 1.96% | 1.17% | 1.53% | 0.63% | 1.03% | 1.17% | 1.23% | 0.56% | 0.48% | 0.56% | 0.61% |
Monthly Dividends
The table displays the monthly dividend distributions for RBC Microcap 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.53 | $0.53 |
| 2023 | $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 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2019 | $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 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2014 | $0.17 | $0.17 |
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 RBC Microcap 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 RBC Microcap Value Fund was 54.58%, occurring on Mar 23, 2020. Recovery took 390 trading sessions.
The current RBC Microcap Value Fund drawdown is 19.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.58% | Nov 30, 2017 | 580 | Mar 23, 2020 | 390 | Oct 7, 2021 | 970 |
| -35.04% | Nov 12, 2021 | 370 | May 4, 2023 | — | — | — |
| -21.78% | Apr 16, 2015 | 209 | Feb 11, 2016 | 191 | Nov 11, 2016 | 400 |
| -13.04% | Dec 21, 2016 | 62 | Mar 22, 2017 | 153 | Oct 27, 2017 | 215 |
| -9.92% | Jul 7, 2014 | 69 | Oct 10, 2014 | 94 | Feb 26, 2015 | 163 |
Volatility
Volatility Chart
The current RBC Microcap Value Fund volatility is 4.19%, 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.