Fund Evaluator:

Rockefeller US Small Cap Core I Overview

Rockefeller US Small Cap Core I (RKSIX) is an actively managed U.S. Equity Small Blend fund. Rockefeller & Co. LLC launched the fund in 2023.

The investment seeks long-term capital appreciation principally through equity investments in U.S. small capitalization companies. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of U.S. small capitalization companies. Equity securities include common stocks, preferred stocks, rights, depositary receipts such as American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”), and REITs. The fund has the ability to invest up to 20% of its net assets in equity securities of foreign companies, including ADRs and GDRs.

About Rockefeller US Small Cap Core I (RKSIX)

There are 2 members of the management team with an average tenure of 3.04 years: Jason Kotik (2023), Tim Skiendzielewski (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: Russell 2000 TR USD index with a weighting of 100%. Rockefeller US Small Cap Core I has 49 securities in its portfolio. The top 10 holdings constitute 32.3% 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.

Rockefeller US Small Cap Core I is part of the Equity global asset class and is within the U.S. Equity fund group. Rockefeller US Small Cap Core I has 1.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.0%. There is 1.1% 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). Rockefeller US Small Cap Core I has 1.0% of the portfolio in cash.

Assets Under Management

The fund has $105 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.

RKSIX 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 Rockefeller US Small Cap Core I expense ratio is high compared to funds in the Small Blend category. Rockefeller US Small Cap Core I has an expense ratio of 1.05%, which is the same as its category average, making the fund expense ratio grade a C. 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. Rockefeller US Small Cap Core I has a portfolio turnover rate of 73%, 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, Rockefeller US Small Cap Core I returned -2.0%, which earned it a grade of B, 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.

Rockefeller US Small Cap Core I has a trailing yield of 0.03%, which is below the 0.42% category average. The fund normally distributes its income annually and its capital gains annually.

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.

Rockefeller US Small Cap Core I Grades

Year to date, the fund has returned 15.3%, 2.9 percentage points worse than the category, which translates into a grade of D. The fund has returned 18.6% over the past year (grade of F) and 12.5% over the past three years (grade of D).

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