Small-cap funds provide diversification for high-risk investors looking for growth potential. These funds target companies with a market cap below $2 billion, offering opportunities for market capitalization growth.
Today, we focus on three top-performing small-cap value mutual funds: Nuveen Small Cap Value Opportunities Fund (NSCAX), Goldman Sachs Small Cap Value Insights (GSATX), and Bridgeway Omni Small-Cap Value Fund (BOSVX). All three funds hold a Zacks Mutual Fund Rank #1 (Strong Buy) and are expected to outperform their peers.
To delve into specific details, let’s explore each fund’s investment strategy and performance:
Nuveen Small Cap Value Opportunities Fund (NSCAX)
Nuveen Small Cap Value Opportunities Fund focuses on equity securities of companies similar to those on the Russell 2000 Value Index or the S&P SmallCap 600 Index. NSCAX has a three-year annualized return of 14.2% and holds 63 issues, with a notable investment in Seacoast Banking Corporation of Florida.
Goldman Sachs Small Cap Value Insights (GSATX)
Goldman Sachs Small Cap Value Insights invests in a diversified portfolio of small-cap companies, both domestic and foreign. GSATX boasts a three-year annualized return of 12.8% with an expense ratio of 1.2%.
Bridgeway Omni Small-Cap Value Fund (BOSVX)
Bridgeway Omni Small-Cap Value Fund primarily invests in a broad range of small-cap stocks listed on major exchanges. BOSVX, managed by Christine L. Wang since August 2011, has a three-year annualized return of 10.5%.
For a comprehensive list of small-cap value mutual funds and their performance, investors can refer to the Zacks Rank. Don’t miss out on potential investment opportunities in this segment of the market.
