Investment Managers Series Trust - Riverbridge Eco Leaders Fund
RIVEX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 235 West Galena Street Milwaukee WI 53212
- IPO Date
- Jan 2, 2019
- CIK
- 0001318342
- Similar Companies
- Business
- Investment Managers Series Trust - Riverbridge Eco Leaders Fund (RIVEX) is a diversified growth equity mutual fund that invests in high-quality growth companies across all market capitalization ranges, emphasizing those demonstrating strong earnings power, high returns on invested capital, consistent unit growth, and enduring competitive advantages. The Fund, part of the Investment Managers Series Trust (IMST) series trust structure established in 2007 and administered through partnerships including UMB Fund Services and Mutual Fund Administration Company (MFAC), offers Institutional Class shares under ticker RIVEX, alongside an Investor Class (ECOLX); it targets institutional and individual investors seeking long-term capital appreciation through a responsible investment approach that integrates environmental, social, and governance (ESG) considerations without sacrificing growth potential. Riverbridge Partners LLC serves as the investment adviser, applying its proprietary Eco Leaders® strategy launched in 2000 to select approximately 40-60 holdings, with top positions typically including leading technology and industrials firms such as NVIDIA Corporation, Microsoft Corporation, HEICO Corporation, Amazon.com Inc., and Tyler Technologies Inc.; sector allocations favor information technology, industrials, health care, financials, and consumer discretionary, benchmarked against the Russell 3000® Growth Index and S&P 500® Index. The Fund operates within the U.S. equity growth segment, focusing on domestic companies that responsibly build long-term value, with a low portfolio turnover rate of around 9.4% over five years to minimize trading costs and emphasize endurance. Geographically, it invests primarily in U.S.-based issuers, serving clients including institutions, corporations, endowments, high-net-worth individuals, and financial advisors through separately managed accounts, mutual funds, and pooled vehicles. Riverbridge Partners LLC, the adviser founded in 1987 and headquartered at 80 South Eighth Street, Suite 1500, Minneapolis, Minnesota, manages approximately $11.9 billion in total assets as of recent reports, adhering to a standard annual fee schedule of 1% while claiming compliance with Global Investment Performance Standards (GIPS®). In a significant reorganization effective April 30, 2021, the Riverbridge Eco Leaders Fund merged into the Riverbridge Growth Fund (tickers RIVBX Institutional, RIVRX Investor), transferring all assets and liabilities to consolidate similar growth-oriented strategies within the IMST structure; post-merger financials reflect combined operations, with ongoing performance tracked separately for the legacy Eco Leaders composite showing annualized net returns of 12.91% over 10 years through 2023. No major partnerships, new product launches, funding rounds, or acquisitions involving RIVEX have been reported in the last 1-2 years, though the adviser maintains its time-tested philosophy amid market cycles, with recent performance as of September 30, 2024, delivering 15.05% year-to-date net returns outperforming the S&P 500® but trailing the Russell 3000® Growth. The Fund continues to emphasize risk-adjusted returns, with a downside capture ratio below benchmarks since inception on May 31, 2000.