The Forbes / RIA Channel Video
Julie Cooling from RIA Channel, contributor to Forbes, interviews Michael Corbett, CEO, CIO and Portfolio Manager of Perritt Capital Management. Cooling and Corbett discuss Perritt’s focus on the small-cap and micro-cap space. Corbett explains that small-caps and micro-caps have been in a bear market for the past two and a half years and he believes there is a compelling investment case for active small-caps.
Click here to see video.
The views expressed in this video are those of the authors and are subject to change, are not guaranteed and are not intended as a forecast or as a recommendation to buy or sell any security.
The passive indices referenced in the interview are the Russell 2000 Index and Russell Microcap index. Russell 2000 Index is an index measuring the performance of approximately 2,000 small-cap companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. It serves as the benchmark for small-caps. Russell Microcap Index is a capitalization weighted index of 2,000 small-cap and micro-cap stocks that captures the smallest 1,000 companies in the Russell 2000, plus 1,000 smaller U.S.-based listed stocks. An investment cannot be made directly in an index.
Perritt Capital Management manages three mutual funds. The Perritt MicroCap Opportunities Fund (PRCGX), Perritt Ultra MicroCap Fund (PREOX) and Perritt Low Priced Stock Fund (PLOWX). Perritt Capital has approximately $500 million assets under management as of 8/31/16. The Perritt Ultra MicroCap Fund has the lowest average market capitalization ($81 million) of all 8,218 Domestic Equity Funds, according to Morningstar as of 08/31/16.
Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security. Current and future holdings are subject to risk.
Earnings growth is not representative of the fund’s future performance.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the recent month end may be obtained by calling 800-331-8936. Please click fund for annualized performance; PRCGX, PREOX, and PLOWX.
