Emerald Finance and Banking Innovation Fund
FFBFX
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
- P.O. Box 328 Denver CO United States of America 80201-0328
- IPO Date
- Mar 16, 2010
- CIK
- 0000915802
- Website
- emeraldmutualfunds.com
- Similar Companies
- Business
- Emerald Finance and Banking Innovation Fund (FFBFX) is an open-end equity mutual fund that seeks long-term growth of capital through investment primarily in stocks of community banks, insurance companies, and other financial services institutions; it maintains a policy of investing at least 80% of its net assets in equity securities of companies principally engaged in banking or financial services, with an emphasis on small- and mid-cap growth stocks within the market capitalization range of the Russell 2500 Index. The fund offers four share classes, including Investor (FFBFX), Class A (HSSAX), Class C, and Institutional (HSSIX), benchmarked against the Russell 2000 Index, Russell 3000 Index, and Russell 2000 Financial Services Index; top holdings typically include names such as Axos Financial Inc., Northeast Bank, Coastal Financial Corp., The Bancorp Inc., and Esquire Financial Holdings Inc., representing financial services firms with strong performance in regional banking and specialty finance. Managed by Emerald Mutual Fund Advisers Trust since its launch as part of Financial Investors Trust on February 18, 1997, with lead managers Kenneth Mertz (since inception) and Steven Russell (since March 2012), the fund is domiciled in the United States, primarily invests in U.S. stocks (97.74% allocation), and operates with a net expense ratio of 1.89% for the Investor class. Previously known as the Emerald Banking & Finance Fund prior to September 30, 2021, the fund underwent a name change to reflect its focus on innovation within the sector, aligning with evolving financial services trends; it continues to emphasize fundamental analysis for portfolio construction amid recent market volatility, delivering a one-year total return of approximately 25.83% as of late 2025, with assets under management at $51.70 million. Headquartered through its adviser Emerald Advisers, LLC in Leola, Pennsylvania, with an additional office in King of Prussia, Pennsylvania, the fund targets institutional and individual investors seeking exposure to the U.S. financial sector, particularly small-cap blend strategies in financial services (95.24% sector allocation).