• RMB Mendon Financial Services Fund

RMB Funds

  • US
  • Business/Financial Services

RMB Mendon Financial Services Fund

RMBLX

Summary

The fund seeks capital appreciation by investing in small-and mid-size companies in the United States.

The sub-adviser’s investment process is designed to highlight companies in the benchmark index that are engaged in the financial services sector.

The investment team considers banks, insurance companies, consumer and commercial finance companies, securities brokerage firms and electronic trading networks, investment management and advisory firms, financial conglomerates, financial technology companies, and real estate investment trusts as related to the financial services sector.

Then the research team combines growth and value investment styles to identify potential investment opportunities.

As part More

Price

Last Close

$49.92 ( -1.59 )

52 Week HL

$65.27 - $49.67

Net Assets

$283.4 M

Expense Ratio

2.04 %

Sector Allocation

Nov 30, -0001

Top 10 Holdings

May 31, 2021

Company Name

  • Live Oak
  • Equity Bancshares,
  • Veritex Holdings,
  • The First
  • Byline Bancorp,

Holding

  • 7.60
  • 5.30
  • 5.04
  • 4.76
  • 3.93

Company Name

  • Spirit Of
  • First Bancorp
  • CIT Group
  • Origin Bancorp
  • First Horizon
  • Total

Holding

  • 3.93
  • 3.90
  • 3.80
  • 3.56
  • 3.42
  • 45.24%

Manager

Name

Anton V. Schutz

Leadership

Single Manager

Tenure

2003

Advisor

Mendon Capital Advisors Corp.

Documents

Prospectus

Fact Sheet

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-18.5 %

3 Year

36.05%

5 Year

23.13%

Best

54.72%
2021

Worst

-18.54%
2022

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -3.7% 30.2% -42.6% 3.8% 3.6% - - - - - -
Q2 -6.6% 2.6% 13.6% 3.5% 5.3% 1.2% - - - - -
Q3 - 6.8% 0.4% 0.9% -4.9% 5.3% - - - - -
Q4 - 8.5% 44.3% 9.7% -17% 1.8% - - - - -

Returns +
Monthly

J F M A M J J A S O N D
2022 -5.6% 1.4% 0.7% -5.2% -10.7% - - - - - - -
2021 1.8% 16.9% 9.5% 3.6% 2.7% -3.6% -0.7% 5.1% 2.3% 5.7% 8.1% -5%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
RMBLX -19%55%-6%22%-15%------
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -19%26%-21%-6%-9%------

RMBLX S&P 500

Chart +