Fund Evaluator:
Reinhart Genesis PMV Advisor (RPMFX)
Follow This Fund
Best Performing in Small Blend Over the Last Year
| 42.0% | Royce Micro-Cap Invmt (RYOTX) |
| 35.0% | River Oak Discovery (RIVSX) |
| 31.8% | Goldman Sachs Small Cap Eq Insghts Inv (GDSTX) |
| 30.0% | Vanguard Strategic Small-Cap Equity Inv (VSTCX) |
| 30.0% | AQR Small Cap Multi-Style N (QSMNX) |
Fund Details
Reinhart Genesis PMV Advisor Overview
Reinhart Genesis PMV Advisor (RPMFX) is an actively managed U.S. Equity Small Blend fund. Reinhartfunds launched the fund in 2018.
The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by small and mid-capitalization companies. Its investment strategy utilizes the Adviser's proprietary Private Market Value ("PMV") methodology to determine a company's true intrinsic value, which is the amount an acquirer would be willing to pay for the entire company. The fund may invest up to 20% of its net assets in securities of real estate investment trusts and securities of other investment companies, including exchange-traded funds.
About Reinhart Genesis PMV Advisor (RPMFX)
There are 2 members of the management team with an average tenure of 5.09 years: Matthew Martinek (2018), Joshua Wheeler (2024). 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 2000 Value TR USD index with a weighting of 100%. Reinhart Genesis PMV Advisor has 39 securities in its portfolio. The top 10 holdings constitute 41.0% 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.
Reinhart Genesis PMV Advisor is part of the Equity global asset class and is within the U.S. Equity fund group. Reinhart Genesis PMV Advisor has 7.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.0%. There is 7.6% 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). Reinhart Genesis PMV Advisor has 3.4% of the portfolio in cash.
Assets Under Management
The fund has $693 million in total assets, which is above the $683 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.
RPMFX 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 Reinhart Genesis PMV Advisor expense ratio is high compared to funds in the Small Blend category. Reinhart Genesis PMV Advisor has an expense ratio of 0.95%, which is 9% lower than 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. Reinhart Genesis PMV Advisor has a portfolio turnover rate of 47%, 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 August 2026, Reinhart Genesis PMV Advisor returned -1.1%, which earned it a grade of D, as the Small Blend category had an average return of -0.1%. 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.
Reinhart Genesis PMV Advisor has a trailing yield of 0.12%, which is below the 0.43% 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.
Reinhart Genesis PMV Advisor Grades
Year to date, the fund has returned 25.2%, 7.1 percentage points better than the category, which translates into a grade of A. The fund has returned 29.1% over the past year (grade of A), 18.9% over the past three years (grade of A) and 13.5% per year over the past five years (grade of A).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Reinhart Genesis PMV Advisor, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
RPMFX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RPMFX Return (NAV) | -1.1% | 5.1% | 29.1% | 18.9% | 13.5% | na |
| RPMFX Grade | D | A | A | A | A | na |
| +/- Category | -0.9% | 2.3% | 8.1% | 4.2% | 6.3% | na |
| Small Blend Avg | -0.1% | 2.8% | 21.0% | 14.8% | 7.2% | 10.2% |
| RPMFX Tax Cost Ratio | na | na | 1.7% | 1.3% | 1.6% | na |
RPMFX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RPMFX Return (NAV) | 25.2% | 5.5% | 15.1% | 23.9% | -3.6% | 24.0% | 4.4% | 22.1% | na | na | na |
| RPMFX Grade | A | D | A | A | A | C | F | F | na | na | na |
| +/- Category | 7.1% | -2.5% | 3.6% | 7.4% | 12.9% | 0.7% | -10.0% | -3.4% | na | na | na |
| Small Blend Avg | 18.1% | 8.0% | 11.5% | 16.6% | -16.5% | 23.3% | 14.4% | 25.5% | -11.9% | 13.9% | 20.4% |
| Risk Measures | |
| Standard Deviation: | 17.1% |
| Total Risk Index: | 1.41 - High |
| Category Risk Index: | 0.93 - Below Average |
| Category Risk Grade: | B (21% Rank) |
| Beta: | 1.05 |
| R-Squared: | 63% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.1% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $730 Mil |
| Fund Total Assets: | $ 694 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 47% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 8.3 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Martinek Matthew (2018), Wheeler Joshua (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 39 |
| % in Top 10 Holdings: | 41.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 7.6% |
Portfolio Allocation |
|
| Domestic Stock: | 89.0% |
| Foreign Stock: | 7.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.4% |
Purchase Information
| Fund Family: | Reinhartfunds |
| Phone Number: | 855-774-3863 |
| Website: | www.reinhartfunds.com |
| Status: | Open |
| Inception Date: | May 31, 2018 |
| Min. Initial Purchase: | $5,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.95% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.04% |
| Share Class: | Reinhart Genesis PMV Advisor |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 0 |
