Ranger Investments Secures 6-Star PSN Top Guns for Micro Cap Growth Strategy

Ranger Investments Celebrates Major Recognition in Microl Cap Growth Strategy

Ranger Investment Management, based in Dallas, has once again demonstrated its prowess in the competitive world of investment management by being honored with the prestigious PSN Top Guns 6-Star designation for its Micro Cap Growth strategy. This recognition, which spans the period ending September 30, 2024, marks a significant achievement for Ranger Investments, a boutique firm specializing in U.S. small- and micro-cap growth strategies.

The PSN Top Guns list is a highly regarded resource utilized by investors, financial advisors, and asset managers. It evaluates investment strategies across various categories based on their consistent performance over time. The latest ranking included over 75 asset class universes and incorporated a rigorous analysis to identify the top-performing strategies in investing.

Ranger Investments' Micro Cap Growth strategy has, notably, not only earned the 6-Star designation but also reported the third-best annualized returns over a five-year period among the ten strategies recognized within the micro cap sector. For the five years concluding on September 30, 2024, this strategy recorded an impressive annualized return of 14.7%.

Ranger Investments has showcased its exceptional performance by being included in the PSN Top Guns list multiple times throughout the year, evidencing its dedication to long-term value creation for its clients. This continuous recognition, particularly for the periods ending June 30, 2024, and March 31, 2024, underscores the strategy's reliability and effectiveness.

To receive the esteemed 6-Star award, a strategy must meet specific rigorous criteria. First, it needs to have an r-squared value of 0.80 or higher relative to its benchmark over the most recent five-year period. Additionally, it must have outperformed the style benchmark in three consecutive three-year rolling periods, coupled with a standard deviation for the last five years that is equal to or lower than the median for its peer group.

In an impressive feat, Ranger Investments' Micro Cap Growth strategy not only cleared these thresholds but also ranked among the top ten strategies based on information ratios calculated for the five-year period.

The team behind the Ranger U.S. Micro Cap Growth strategy is comprised of experienced professionals, including Portfolio Managers Conrad Doenges, Andrew Hill, Joseph LaBate, and Brown McCullough, along with Senior Analysts Devin Holland, Kevin Zhu, and Jeff Dalton. First launched on August 1, 2014, for institutional investors, this strategy is now available through separate accounts, model portfolios, and the Ranger Micro Cap Institutional Fund (RFIMX), managing assets totaling $436 million as of September 30, 2024.

Conrad Doenges, who also holds the title of Chief Investment Officer at Ranger Investments, expressed pride in achieving the PSN Top Guns status for the micro cap strategy consistently throughout the year. He emphasized the team's commitment to uncovering compelling long-term investment opportunities within the U.S. micro-cap landscape.

Since its inception, the Ranger Micro Cap Growth strategy has established a composite annualized return of 13.6%, net of fees, rivaling its benchmark, the Russell Microcap Growth Index, which returned only 5.3% in the same timeframe. The strategy has impressively outperformed large-cap indices as well, with a cumulative 10-year return of 266.54% against 98.94% for its benchmark through September 30, 2024.

The guiding principle of the Ranger Micro Cap Growth strategy is to identify and invest in U.S. micro-cap companies that present significant growth potential, along with robust business models, sustainable growth prospects, and competent management. The current portfolio reflects a strategic approach, comprising roughly 34 holdings, crafted to balance return potential with risk management to safeguard shareholder capital.

As a firm, Ranger Investment Management, L.P. has carved its niche in the investment landscape by focusing primarily on small- and micro-cap growth opportunities since its establishment in 2003. As of September 30, 2024, the firm manages assets totaling over $1.9 billion, demonstrating its robust growth trajectory and commitment to both high-quality investment and responsible investing practices. The firm is also a signatory of the Principles for Responsible Investing (PRI), aligning its practices with sustainable and ethical investment principles.

In short, Ranger Investments continues to affirm its status as a leader in the micro-cap investment domain, illustrating its unfaltering dedication to excellence in achieving superior investment outcomes.