LLSCX – Longleaf Partners Small-Cap Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital growth. The Small-Cap Fund normally invests at least 80% of net assets plus any borrowings for investment purposes in the equity securities, including convertible securities, of a limited number of companies whose market capitalizations at the time of purchase are considered small cap. The fund primarily owns common stock but may purchase other types of securities. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LLSCX	Longleaf Partners Small-Cap Fund	No Load	Open			Feb 21, 1989	$560.74M	0.950%	Below Average	$10,000	−$108.24M

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