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UK Smaller Companies
VT Downing Small & Mid-Cap Income Fund
Managed by Downing LLPPart of VT Downing Investment Funds ICVC
Latest factsheet
Aug 2026
Fund size
£37.1m
Yearly charge
1.00%
Manager fee
0.75%
Income yield
4.30%
Holdings
45
Launched
14 Jun 2010
To achieve a quarterly income, together with long-term capital growth. The investment objective of the Fund is to achieve income, with the potential for capital growth over the long term (5+ years).
Josh McCathie (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | +1.29% | +2.93% | +2.93% | Bottom 25% |
| 3M | +3.97% | +4.71% | +4.71% | Lower half |
| 6M | +2.09% | +4.64% | +4.64% | Bottom 25% |
| YTD | +4.61% | +10.06% | +10.06% | Bottom 25% |
| 1Y | +3.10% | +11.46% | +11.46% | Bottom 25% |
| 3Y | +21.55% | +28.99% | +28.99% | Lower half |
| 5Y | +6.91% | -11.51% | -11.51% | Top 25% |
Top holdings · top 10: 34.78%
| # | Holding | Weight | |
|---|---|---|---|
| 1 | FRP Advisory Group Plc | 4.35% | |
| 2 | XPS Pensions Group Plc | 4.09% | |
| 3 | Galliford Try Plc | 3.99% | |
| 4 | Restore Plc | 3.79% | |
| 5 | Greencore Group Plc | 3.77% | |
| 6 | Luceco Plc | 3.40% | |
| 7 | Fonix Plc | 3.13% | |
| 8 | Bloomsbury Publishing Plc | 3.01% | |
| 9 | Cohort Plc | 2.68% | |
| 10 | Safestore Holdings Plc | 2.57% |
Portfolio breakdown
Sector
| Technology | 27.73% | |
| Finance | 21.94% | |
| Consumer Services | 16.73% | |
| Industrials | 13.25% | |
| Consumer Non-Durables | 7.58% | |
| Cash | 4.33% | |
| Healthcare | 3.68% | |
| Consumer Durables | 1.85% | |
| Basic Materials | 1.62% | |
| Energy | 1.29% |
Market cap
| <£150m | 3.73% | |
| £150m-£500m | 35.96% | |
| £500m-£1bn | 30.33% | |
| £1bn-£2bn | 18.80% | |
| £2bn-£4bn | 6.85% | |
| £4bn+ | 0.00% | |
| Cash | 4.33% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Accumulation | GB00B61JRG28 | B61JRG2 | acc | No | 0.75% | 1.00% | £1k |
| Income | GB00B625QM82 | B625QM8 | inc | No | 0.75% | 1.00% | £1k |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Aug 2026 | View original factsheet ↗ | 13 Sept 2026 |
| Jul 2026 | View original factsheet ↗ | 20 Aug 2026 |
| Jun 2026 | View original factsheet ↗ | 31 Jul 2026 |