SMID Cap Value Commentaries

The preliminary second quarter return of Cardinal’s SMID Cap Value Composite, at 0.5% net of fees, trailed the Russell 2500 Value Index return of 4.4%.

The preliminary first quarter return of Cardinal’s SMID Cap Value Composite, at -1.4% net of fees, trailed the Russell 2500 Value Index return of 1.4%.  

The preliminary fourth-quarter return of Cardinal’s SMID Cap Value Composite, at 10.3% net of fees, outpaced the Russell 2500 Value Index return of 9.2%.

The preliminary 2022 return of Cardinal’s SMID Cap Value Composite, at -20.0% net of fees, lagged the Russell 2500 Value Index return of -13.1%.

The third quarter return of Cardinal’s SMID Cap Value Composite, at -11.3% net of fees, trailed the -4.5% return of the Russell 2500 Value Index.