Series Portfolios Trust has released its financial report for the Geneva SMID Cap Growth Fund, detailing the fund's performance as of August 31, 2026. This update is significant as it provides insights into the fund's asset management and growth potential.
Company Overview
Series Portfolios Trust, an investment entity based in Milwaukee, Wisconsin, is known for managing various mutual funds. The company operates under the SEC file number 811-23084 and has been active in the investment sector, focusing on providing growth opportunities for investors.
What the Filing Says
The recent filing, dated October 20, 2026, indicates that the Geneva SMID Cap Growth Fund has total assets of approximately $41.87 million and net assets of about $41 million. The filing states, "The total assets and liabilities reflect the fund's current financial position as of the reporting date." This information is crucial for investors assessing the fund's viability and management effectiveness.
Impact on Stakeholders
This financial report may impact various stakeholders, including current and potential investors, as it provides a snapshot of the fund's performance. The reported figures could influence investor confidence and decisions regarding future investments in the fund.
What's Next
The filing does not say what happens next.
Financial Highlights
The Geneva SMID Cap Growth Fund reported total liabilities amounting to approximately $72,230, indicating a relatively low liability level compared to its total assets. This suggests that the fund is in a strong financial position, with net assets representing a significant majority of its total assets.
Investment Performance
In terms of monthly returns, the fund experienced a total return of 3.00% in the first month of the reporting period, followed by a return of -2.80% in the second month, and a slight positive return of 0.11% in the third month. This fluctuation in returns may reflect market volatility and the fund's investment strategy.
Top Holdings
The fund's portfolio includes significant investments in various companies, with notable holdings such as Keysight Technologies Inc, which comprises approximately 6.22% of the portfolio, and Church & Dwight Co Inc, accounting for about 3.28%. Other key investments include Copart Inc and RBC Bearings Inc, which also contribute to the fund's overall performance.
Shareholder Transactions
During the reporting period, the fund experienced notable shareholder activity, including redemptions totaling approximately $1.74 million in the second month and smaller redemptions in the first and third months. This indicates a dynamic investor base and may impact future fund flows.
Conclusion
The filing does not provide detailed projections for future performance or specific strategic initiatives that the fund may undertake to enhance growth.