Emerald Growth Fd Cl C
HSPCX
NASDAQ21.83
USD
-0.51
- -
Emerald Growth Fd Cl C
HSPCX
(NASDAQ)
Recent
price
21.83
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Emerald Growth Fund (HSPCX) is an open-end mutual fund that seeks long-term growth through capital appreciation by investing primarily in equity securities, including common stocks, preferred stocks, and securities convertible into common or preferred stocks, of U.S. and foreign companies across a wide range of industries and of various sizes; it favors smaller-sized companies with market capitalizations equal to or less than the largest company in the Russell 2000 Index, targeting those with perceived leadership positions and competitive advantages in niche markets. The fund offers four share classes—Class A, Class C (HSPCX), Institutional Class, and Investor Class—with varying expense structures, including a net expense ratio of approximately 1.68% for Class C shares and a contingent deferred sales charge of 1.00% on redemptions within the first 12 months; it is categorized in the Small Growth segment by Morningstar, with total assets under management of around $1.1 billion and a portfolio turnover rate of 45%. Managed by Emerald Mutual Fund Advisers Trust since the fund's inception on July 3, 2000 for Class C shares (with performance history tracing back to October 1, 1992 for Class A via prior reorganization), it is based in Denver, Colorado, operating through Financial Investors Trust, a Delaware statutory trust, and distributed through platforms available in the United States. In a significant recent development, shareholders approved the reorganization of Emerald Growth Fund from Financial Investors Trust into a newly created series of the same name within The RBB Fund, Inc., a Maryland corporation, with the transaction expected to close in the fourth quarter of 2025; this strategic shift aims to achieve lower operating expenses through economies of scale, including a reduced annual management fee from 0.75% (with breakpoints) to 0.70% (with revised breakpoints) paid to Emerald, alongside changes in third-party service providers such as U.S. Bank N.A. for administration and custody, Quasar Distributors, LLC for distribution, and others. The reorganization preserves the fund's investment objective, strategies, and portfolio management team unchanged, ensuring no dilution of shareholder interests or taxable events, while transitioning governance to a new Board of Directors under RBB's structure; Emerald has committed to maintaining current expense limitation arrangements through at least December 31, 2026. This move positions the fund for potential asset growth by enhancing cost efficiency and attractiveness to investors in the competitive small-cap growth sector.