RMB Mendon Financial Services Fund
RMBNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 115 South Lasalle Street Chicago IL United States of America 60603
- IPO Date
- Apr 29, 2005
- CIK
- 0000030126
- Website
- rmbfunds.com
- Similar Companies
- Business
- RMB Mendon Financial Services Fund (RMBNX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its net assets in equity securities of U.S. companies engaged in the financial services sector, including banks, insurance providers, asset managers, broker-dealers, financial technology firms, specialty finance companies, and related businesses; it primarily targets small-, mid-, and micro-capitalization stocks while maintaining a fully invested posture with minimal cash or short-term holdings. The fund offers Class A (RMBKX, inception June 7, 1999, 5.00% maximum sales charge, 1.39% expense ratio), Class C (RMBNX, inception April 29, 2005, 1.00% deferred load, 2.14% expense ratio), and Class I (RMBLX, inception February 1, 2017, no sales charge, 1.14% expense ratio) share classes, with aggregate assets under management of approximately $223.3 million as of November 30, 2025. Managed within the RMB Funds family since its inception in 1999 and domiciled in the United States, the fund operates nationwide, serving retail and institutional investors focused on the financial sector through daily pricing and a minimum initial investment of $2,500. Recent portfolio oversight enhancements include Daniel Goldfarb joining as co-portfolio manager on May 1, 2022, and Anton Schutz, Jr. added as co-portfolio manager on May 1, 2024, alongside lead manager Anton Schutz; the net expense ratios were reaffirmed as of May 1, 2025, with updated summary prospectuses reflecting stable operational structure and a turnover ratio of 52.68% as of September 30, 2025.