Brandes U.S. Small-Mid Cap Value ETF (BSMC)

The Fund seeks long-term capital appreciation by investing predominantly in U.S. equity securities of small- and mid-capitalization companies that the Fund’s investment team believes are undervalued relative to their financial strength and upside potential.
  • Ticker Symbol BSMC
  • Cusip 900934100
  • Nav Symbol BSMC.NV
  • Inception Date October 3, 2023
  • Primary Exchange CBOE
  • Expense Ratio 0.70%
  • Dividend Frequency Quarterly


Why Brandes U.S. Small-Mid Cap Value ETF?

  • Active Value: The fund employs our disciplined, bottom-up investing approach to seek U.S. small-/mid-cap companies trading below our estimates of intrinsic value.
  • Experience: Having managed the U.S. Small-Mid Cap Value Equity Strategy for over 20 years, Brandes is familiar with the intricacies of the vast U.S. small-/mid-cap equity space.
  • Flexibility: The fund has the ability and willingness to be different than the benchmark.


Average Annual Total Returns (%)

Data displayed as of Jun 30, 2024

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The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (866) 307-0477.
ETFs may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market prices (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Fund is an actively managed ETF, which is a fund that trades like other publicly-traded securities. 


Monthly Distributions
Type Record Date
Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend.
Date on which a fund begins trading without the benefit of the dividend. Typically, a fund's price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date.
Payable Date
Date on which a declared fund dividend or a bond interest payment is scheduled to be paid.
Income Dividend
Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.
Jun 27, 2024 Jun 27, 2024 Jun 28, 2024 $0.062674
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The Russell 2500 Value Index with gross dividends measures the performance of the small to mid cap segment of the U.S. equity universe. Securities are categorized as growth or value based on their relative book to price ratios, historical sales growth, and expected earnings growth.
The Russell 2500 with gross dividends measures the performance of the small to mid cap segment of the U.S. equity universe. The benchmark returns are not covered by the report of independent verifiers.

  • Investors should consider the investment objectives, risks, charges, and expenses carefully before investing.  For a prospectus with this and other information about the fund, please click here or call (866) 307-0477.  Please read the prospectus carefully before investing.
  • Distributed by Foreside Fund Services, LLC.
  • Investing involves risk, including potential loss of principal.  An investment in the Fund may be subject to risks associated with investing in equity securities, including foreign and value securities risks, issuer risk, and focused investing risk. The Fund may, from time to time, invest a substantial portion of the total value of its assets in securities of issuers located in a particular industry, sector, country or geographic region. During such periods, the Fund may be more susceptible to risks associated with that industry, sector, country, or region. The Fund is an exchange-traded fund and, as a result of this structure, it is exposed to additional trading and transactional risks, limited participant risk, and risks associated with buying and selling shares. The Fund is a recently organized investment company with limited operating history. Please see the prospectus for a discussion of risks.
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