CRM Small/Mid Cap Value Inv
CRMAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10022 New York NY United States of America 10022
- IPO Date
- Sep 3, 2004
- CIK
- 0001322252
- Website
- crmfunds.com
- Similar Companies
- Business
- CRM Small/Mid Cap Value Fund (CRMAX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its assets in a diversified portfolio of equity and equity-related securities of small- and mid-cap companies with market capitalizations similar to those in the Russell 2500 Value Index or S&P MidCap 400 Value Index; these securities are publicly traded on U.S. markets. The fund typically holds 35 to 50 stocks, selected bottom-up by portfolio managers based on relative attractiveness, while considering stock-specific risks, sector weightings, and risk/reward characteristics; top sectors include financial services, consumer cyclical, technology, industrials, and real estate, with key holdings such as Ciena Corporation, First American Financial Corporation, Bank of Hawaii Corporation, ACV Auctions Inc., and Regal Rexnord Corporation. Managed by Cramer Rosenthal McGlynn, LLC, an investment adviser, with current portfolio managers Madeleine (Mimi) Morris (since October 2023) and Jeffrey Yanover (since April 2024), the Investor Class shares (CRMAX) feature a net expense ratio of 1.21%, minimum initial investment of $2,500, and total net assets of approximately $126 million as of recent data. Launched on September 1, 2004, and domiciled in the United States, the fund operates exclusively in U.S. markets, targeting institutional and retail investors seeking exposure to small- and mid-cap value stocks; it is distributed by ALPS Distributors, Inc., with no front-end or deferred loads. Recent developments include a portfolio management transition with Mimi Morris assuming lead responsibilities in late 2023 and Jeffrey Yanover joining in 2024, alongside the strategy's recognition as winner of the 2025 Envestnet Asset Manager Award in the U.S. Small, SMID, and Mid Cap category for its investment process, performance, tax efficiency, and firm profile. As of June 30, 2025, assets stood at around $121 million for the Institutional Class (CRIAX) and $14 million for Investor Class, with distributions of long-term capital gains of $1.5967 per share paid annually in 2025.