William Blair Small-Mid Cap Growth Fund Class I
WSMDX
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
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
- 150 North Riverside Plaza Chicago IL United States of America 60606
- IPO Date
- Dec 30, 2003
- CIK
- 0000822632
- Website
- im.williamblair.com
- Similar Companies
- Business
- William Blair Small-Mid Cap Growth Fund Class I (WSMDX) is a mutual fund that seeks long-term capital appreciation by investing primarily in a diversified portfolio of equity securities, including common stocks and other equity investments, of small- and mid-cap domestic growth companies; under normal market conditions, the fund invests at least 80% of its net assets plus any borrowings for investment purposes in such stocks, focusing on high-quality companies expected to sustain above-market earnings growth, with current portfolio allocations emphasizing information technology (24.3%), industrials (23.0%), and health care (22.7%) sectors, 80 holdings, a weighted average market cap of $13.76 billion, and top holdings such as Insmed Incorporated (3.2%), Doximity, Inc. (2.9%), and Pure Storage, Inc. (2.8%). The fund, which is part of the Morningstar Mid-Cap Growth category and benchmarks against the Russell 2500 Growth Index, offers Class I shares with a net expense ratio of 0.99% (gross 1.11%), total net assets of $1,358 million as of October 31, 2025, and a trailing 1-year turnover of 57.9%; it is distributed by William Blair & Company, L.L.C., member FINRA/SIPC, with portfolio management led by Dan Crowe, CFA, Partner, and Nick Zimmerman, CFA, Partner. Launched on December 29, 2003, the fund operates within the U.S. equity segment targeting institutional and eligible investors seeking growth exposure to small- and mid-cap companies with lower long-term risk profiles. The fund is managed by William Blair Investment Management, LLC, the investment management arm of William Blair & Company, an independent, employee-owned global financial services firm founded in 1935 and headquartered in Chicago, Illinois, with operations across more than 20 offices worldwide, including Europe and Asia, and total firmwide client assets exceeding $150 billion as of September 30, 2025. In recent developments, William Blair launched a UCITS version of the U.S. Small-Mid Cap Growth strategy as a SICAV fund registered in Taiwan in November 2024, marking its expansion into Asian markets and followed by the registration of an Emerging Markets Debt Hard Currency SICAV in 2025 to offer diversified fixed-income solutions; additionally, the firm appointed Robert D. Kendall as global head of investment management and expanded its private capital advisory and wealth management teams in Europe and Philadelphia amid ongoing growth in investment banking and advisory services. These initiatives reflect William Blair's strategic focus on scaling active management capabilities, enhancing global distribution of its equity and debt strategies, and leveraging its boutique expertise in growth-oriented portfolios like WSMDX for institutional clients including pension funds, endowments, and financial advisors.