Fund Evaluator:

Catholic Rspnsbl Invstmnts Small-Cap Ins Overview

Catholic Rspnsbl Invstmnts Small-Cap Ins (CRSSX) is an actively managed U.S. Equity Small Blend fund. Catholic Responsible Investments Funds launched the fund in 2021.

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a combination of equity securities issued by small- and mid-capitalization companies.

About Catholic Rspnsbl Invstmnts Small-Cap Ins (CRSSX)

There are 12 members of the management team with an average tenure of 0.25 years: Richard Lee (2026), Daniel Miller (2026), Matthew Renna (2026), Richard Fong (2026), Edward Richardson (2026), Daniel DeMonica (2026), Zach Olsen (2026), Thomas Digenan (2024), Adam Friedman (2026), Daniel Bandi (2026), William Muggia (2026), Jeffrey Thibault (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2500 TR USD index with a weighting of 100%. Catholic Rspnsbl Invstmnts Small-Cap Ins has 576 securities in its portfolio. The top 10 holdings constitute 5.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Catholic Rspnsbl Invstmnts Small-Cap Ins is part of the Equity global asset class and is within the U.S. Equity fund group. Catholic Rspnsbl Invstmnts Small-Cap Ins has 0.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0%. There is 0.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Catholic Rspnsbl Invstmnts Small-Cap Ins has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $590 million in total assets, which is below the $685 million average for the Small Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CRSSX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Catholic Rspnsbl Invstmnts Small-Cap Ins expense ratio is high compared to funds in the Small Blend category. Catholic Rspnsbl Invstmnts Small-Cap Ins has an expense ratio of 0.84%, which is 20% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Catholic Rspnsbl Invstmnts Small-Cap Ins has a portfolio turnover rate of 26%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 66% for the Small Blend category.

Recently, in the month of July 2026, Catholic Rspnsbl Invstmnts Small-Cap Ins returned -3.5%, which earned it a grade of D, as the Small Blend category had an average return of -2.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Catholic Rspnsbl Invstmnts Small-Cap Ins has a trailing yield of 1.02%, which is above the 0.42% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Catholic Rspnsbl Invstmnts Small-Cap Ins Grades

Year to date, the fund has returned 19.6%, 1.5 percentage points better than the category, which translates into a grade of B. The fund has returned 31.6% over the past year (grade of B) and 12.4% over the past three years (grade of D).

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