Broker Check

Conestoga Small Cap Fund

The Portfolio Managers of the Conestoga Small Cap Fund are Bob Mitchell and Joe Monahan. Bob and Joe utilize the same investment philosophy, style and process for the Fund that has been employed in constructing separately managed small cap accounts since 1989.

Investment Objective: The Fund seeks to provide long-term growth of capital.

Fund Direct Account Access
To open a new Conestoga Fund Account or to view an Existing Fund Direct Account, please access the secure site above.  To open an account or for operational questions, please call the Fund's Servicing Agent (Ultimus Fund Distributors, LLC) at: (800) 494-2755.  Please contact a member of our Shareholder Services department at 1-800-494-2755 with any questions. Representatives are available Monday through Friday, 8:00am - 6:00pm EST.  You may also refer to the Fund's Prospectus and Applications below to assist in buying, exchanging and redeeming shares of each class of the Conestoga Small Cap Fund.

Conestoga Funds Distributions - Final:  
  • The Conestoga Small Cap Fund Institutional Class (CCALX) and Investors Class (CCASX) paid a long-term distribution of $1.2709 per share.  There were no short-term distributions for the Fund.  The record date was December 5th, 2019 and the payable date was December 6th, 2019.

Conestoga Small Cap Fund Investors Share Class (CCASX) - Soft Close: 

With limited exceptions, effective March 2, 2018, shares of the Fund are generally closed to new retail investors opening accounts through financial intermediaries (i.e., advisory firms, broker dealers, etc.). Shares continue to be available for purchase to existing retail or “fund direct” investors.

Effective July 1, 2018 through at least January 31, 2020, shares of the Fund are generally not available to new accounts through financial intermediaries without existing client relationships with the Fund or the Adviser. As of that effective date, shares continue to be available for purchase by existing and new investors purchasing through financial intermediaries with existing client relationships with the Fund or the Adviser. Effective July 1, 2018, shareholders of the Conestoga SMid Cap Fund (the “SMid Cap Fund”) who are not currently also shareholders of the Fund are generally no longer be able to exchange their SMid Cap Fund shares for shares of the Fund; however, shareholders of the Fund may continue to exchange their shares of the Fund for shares of the SMid Cap Fund. Contact Conestoga Funds or your financial advisor for more information about investing in the Fund.

 

 

Ticker

CUSIP

Net Assets (2/29/20)

Inception

Minimum Initial Investment

Total Gross Operation Expenses

Total Net Operation Expenses*

Investor Class

CCASX

207019100

$802.3 Mil

10/1/2002

$2,500

1.49%

1.10%

Institutional Class

CCALX

207019704

$1,741.2 Mil

8/13/2014

$250,000

0.99%

0.90%

* These are expenses that you pay each year as a percentage of the value of your investments.  Conestoga Capital Advisors, LLC (the “Adviser”) has contractually agreed to limit the Fund’s ‘Total Annual Fund Operating Expenses’ to 0.90% (for the Institutional Class) and 1.10% (for the Investors Class) of the Fund’s average daily net assets until at least January 31, 2020, subject to termination at any time at the option of the Fund. There is no guarantee that the agreement to limit the Fund's net annual operating expense will be renewed or extended.
                                                                                

Characteristics as of 2/29/20*

Price/Earnings (1 Yr. Fwd. incl. Neg.)30.3x
Earnings Growth (3-5 Yr. Est.)17.1%
PEG Ratio1.77
Weighted Avg. Market Cap.$3,107 Mil
ROE (Last 5 Yr. Weighted Avg.)11.8%
Long-Term Debt/Capital24.0%
Turnover Rate - Trailing 12 Mos.21.6%
Number of Holdings50

*subject to change

Top Ten Holdings as of 2/29/20*

1.  Exponent Inc.4.59%
2.  Omnicell Inc.3.26%
3.  Descartes Systems Group Inc.2.95%
4.  Mesa Labs Inc.2.88%
5.  Repligen Corp.2.78%
6.  Cantel Medical Corp. 2.74%
7.  Simpson Manufacturing Co. Inc.2.72%
8.  Fox Factory Holdings Corp.2.72%
9.  Blackline Inc.2.60%
10. Siteone Landscape Supply Inc.2.55%

Performance as of 12/31/19*

 

QTDYTD1 Year3 Years5 Years7 Years10 YearsInception 10/1/2002Inception 8/13/2014
CCASX5.32%25.18%25.18%17.39%14.79%15.46%14.69%12.38%N/A
CCALX5.39%25.42%25.42%
17.63%15.03%N/AN/AN/A14.89%
Russell 2000 Growth11.39%28.48%28.48%12.49%9.34%13.08%13.01%11.35%10.08%
Russell 20009.94%25.53%25.53%8.59%8.23%11.65%11.83%10.63%8.81%






Performance as of 2/29/20*

 

QTDYTD1 Year3 Years5 Years7 Years10 YearsInception 10/1/2002Inception 8/13/2014
CCASX-5.24%-5.24%4.06%14.65%13.00%13.43%14.44%11.91%N/A
CCALX-5.21%-5.21%4.27%
14.88%13.23%N/AN/AN/A13.33%
Russell 2000 Growth-8.24%-8.24%-0.72%7.85%6.48%10.52%12.07%10.69%8.09%
Russell 2000-11.36%-11.36%-4.92%3.52%5.12%8.62%10.41%9.76%6.21%






* All periods greater than one year are annualized.. Performance is based upon closing NAV calculation on listed dates and represents past performance. Past performance does not guarantee future results and current performance may be lower or higher than the performance quoted. Performance data includes reinvestment of dividends. Investment returns and principal value of an investment in Conestoga Small Cap Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the Fund’s daily NAV, list of additional holdings, total return as of the most recent month-end and a copy of the Fund’s prospectus, please visit www.conestogacapital.com or call 1-800-494-2755.


Investors Share Class (CCASX) Information

Small Cap Fund Prospectus & Shareholder Reports


Institutional Share Class (CCALX) Information


Additional Information