Skip to navigation
A A A

Aston/TAMRO Small Cap Fund

 NI
CUSIP00078H21600078H141
TickerATASXATSIX
Share Class Inception11/30/20001/4/2005
Gross Exp Ratio (%)1.381.13
Net Exp Ratio (%)1.371.12
NAV17.6617.90
% Change 1.44 1.42
Benchmark Russell 2000 Index
Morningstar Category Small Blend

Overall Morningstar Rating™

Aston/TAMRO Small Cap Fund Shares received a Morningstar rating.

Among 561 Small Blend funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 7/31/10.

View Entire Rating

Fund Resources

RSS feed

Portfolio Managers

Philip D. Tasho, CFA
Philip D. Tasho, CFA

Philip D. Tasho, CFA

Philip D. Tasho, CFA

Mr. Tasho is the Chief Executive Officer, and Chief Investment Officer of TAMRO, and a co-founder of the firm. He is responsible for the day-to-day management of the Fund and is the architect of TAMRO's investment philosophy and process. Previously, Mr. Tasho served as Chief Executive Officer and Chief Investment Officer of Riggs Investment Management Corporation from 1995 to 2000. He began his investing career as a Trust Investment Officer for First American Bank is Washington D.C. in 1980, and has been recognized by the national media on such programs as Wall $treet Week with Louis Rukeyser, CNBC's Power Lunch, Nightly Business Report, and Bloomberg News. He has more than 30 years of investment experience. Mr. Tasho earned a B.A. from Grinnell College and an MBA in Finance and Investments from George Washington University.

Timothy A. Holland, CFA
Timothy A. Holland, CFA

Timothy A. Holland, CFA

Timothy A. Holland, CFA

Mr. Holland is co-portfolio manager since February 2010. Mr. Holland is a Principal of TAMRO responsible for covering the Financial and Materials sectors. He also monitors broad economic and political trends for potential impact on portfolios at the sector level. Tim earned his B.A. from Drew University.

  1. Overview
  2. Holdings
  3. Performance
  4. Quarterly Commentary

Investment Strategy

This opportunistic small core strategy focuses on bottom-up stock selection with the goal of identifying companies that possess a sustainable competitive advantage combined with an attractive valuation.

If you are an investment professional, login or register here for access to Aston’s research content. Discover the unique qualities that differentiate our Subadvisers at both the firm and strategy levels.  

Objective

The Fund seeks to provide long-term capital appreciation.

Main Risks

All investments contain risks and investors should consider the risks associated with investing in the Fund. Investments made in small capitalization companies are subject to a higher degree of market risk because they tend to be more volatile and less liquid when compared to larger more established companies.

Note: Small-cap stocks are considered riskier than large-cap stocks due to greater potential volatility and less liquidity.

Fund Stats (as of 6/30/10) NI
Origin Of InformationFactsetFactset
Sales LoadNoneNone
Total Fund Assets951,719,031.21951,719,031.21
Turnover6767
Minimum Investment2,5001,000,000
Alpha (3 yr.)1.200.96
Beta (3 yr.)0.920.92
R-Squared (3 yr.)0.930.93
Standard Dev (3 yr.)25.2625.22
Sharpe Ratio (3 yr.)-0.06-0.06
Current Wtd Average P/E (trailing)23.8123.81
Current Wtd Average P/B (trailing)1.991.99
Median Mkt Cap ($Mil)1,054.941,054.94
Turnover is based on a rolling 12-month average. Alpha measures the difference between a fund’s actual returns and its expected performance, given its level of risk. Beta is a measure of risk which shows a fund’s volatiliy relative to an index. R-Squared is the percentage of a fund’s movement that can be explained by movements in its benchmark index. Sharpe Ratio is a risk-adjusted measure used to determine reward per unit of risk.

Sector Breakdown (as of 6/30/10)
Consumer Discretionary		21.63%
Financials		19.41%
Information Technology		18.12%
Industrials		14.67%
Health Care		11.32%
Consumer Staples		3.94%
Energy		3.80%
Materials		3.78%
Telecommunication Services		1.68%
Cash Equivalents & Other		1.66%
Top Ten Holdings (as of 6/30/10)
CompanyTickerCUSIPNumber of SharesMarket Value% of Net Assets
ADVISORY BOARD CO/THE ABCO 00762W107 627,619 $26,962,512.24 3.14%
REDWOOD TRUST INC RWT 758075402 1,485,435 $21,746,768.40 2.53%
NETEZZA CORP NZ 64111N101 1,572,896 $21,517,217.28 2.50%
FORWARD AIR CORPORATION FWRD 349853101 738,717 $20,130,038.25 2.34%
BJ'S RESTAURANTS INC BJRI 09180C106 842,371 $19,879,955.60 2.31%
BANK OF THE OZARKS OZRK 063904106 544,006 $19,295,892.82 2.25%
TREEHOUSE FOODS INC THS 89469A104 419,326 $19,146,425.16 2.23%
3PAR INC PAR 88580F109 2,051,309 $19,097,686.79 2.22%
MORNINGSTAR INC MORN 617700109 440,998 $18,751,234.96 2.18%
CORPORATE EXECUTIVE BOARD CO EXBD 21988R102 694,676 $18,249,138.52 2.12%
Past performance does not guarantee future results. Investment return and principal value of mutual funds will vary with market conditions, so that shares, when redeemed, may be worth more or less than their original cost.

As the fund is actively managed, the securities as presented may not represent the current or future composition of the portfolio.

Designed and created by DDM Marketing & Communications.