RBC Small Cap Core Fund
TEEAX
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
- 50 South Sixth Street Minneapolis MN United States of America 55402
- IPO Date
- Apr 19, 2004
- CIK
- 0001272950
- Similar Companies
- Business
- RBC Small Cap Core Fund (TEEAX) is an open-end mutual fund managed by RBC Global Asset Management (U.S.) Inc. that seeks long-term growth of capital by investing primarily in common stocks of small-capitalization U.S. companies, typically those with market capitalizations between $250 million and $1 billion at the time of purchase; the fund focuses on profitable, established small companies that are dominant in their industries, selecting undervalued growth stocks to achieve growth with greater price stability than many other small-cap funds. It offers Class A shares with a ticker symbol of TEEAX and CUSIP of 74926P860, featuring an expense ratio of approximately 0.85%, a minimum initial investment of $1,000, annual dividend frequency, and a net asset value for all share classes of around $41.6 million as of recent data; the fund benchmarks against the Russell 2000 Index and maintains a diversified portfolio across sectors with exposure to small-cap equity securities. Headquartered in Minneapolis, Minnesota, at 100 South Fifth Street, Suite 2300, the fund was incepted on April 19, 2004, and primarily targets long-term investors seeking U.S. small-cap market exposure through diversified equity holdings. The fund provides investor share classes including Class A (TEEAX), with portfolio management led by senior portfolio managers emphasizing fundamental analysis of small-cap equities; it invests in a range of holdings across industries such as consumer goods, technology, and industrials, while avoiding direct investment in indices. Geographically, operations center on the U.S. equity markets, serving retail and institutional investors through platforms like Fidelity and Schwab. In recent developments, RBC Global Asset Management announced strategic mergers involving related small-cap funds, including proposals in 2025 to merge the RBC U.S. Small-Cap Core Equity Fund into the RBC U.S. Mid-Cap Value Equity Fund on or about November 21, 2025, or March 13, 2026, following unitholder approvals and Independent Review Committee recommendations; these changes, outlined since June 2025, include closing the funds to new investors effective July 14, 2025, with postponements of unitholder meetings in October and November 2025 to finalize transitions. Such reorganizations reflect broader portfolio rationalization efforts by RBC GAM, potentially impacting liquidity and unit exchanges for existing holders of affiliated small-cap products, though TEEAX operations remain focused on its core U.S. small-cap strategy.