AIG Small-Cap Quality Fund Class W (SASWX) Stock Analysis
DELISTED 2021
What happened to AIG Small-Cap Quality Fund Class W (SASWX) stock?
AIG Small-Cap Quality Fund Class W (SASWX) no longer trades on public markets. It was delisted in July 2021. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
AIG Small-Cap Quality Fund Class W (SASWX) trades at $22.03. AIG Small-Cap Quality Fund Class W (SASWX) focuses on investing in equity securities of small-capitalization companies. Market cap: $37.1M, Sector: Financial services.
Last analyzed: Mar 18, 2026Analyst Coverage for SASWX: SASWX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SASWX against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
AIG Small-Cap Quality Fund Class W (SASWX) Financial Services Profile
AIG Small-Cap Quality Fund Class W (SASWX) is an asset management fund focusing on small-cap equity securities, benchmarked against the Russell 2000® Index. With a beta of 1.24 and managing approximately $0.04 billion in assets, the fund offers investors exposure to the small-cap market segment, albeit without dividend payouts.
What Is the Investment Thesis for SASWX?
SASWX presents a focused investment vehicle for those seeking exposure to small-cap equities. With a beta of 1.24, the fund demonstrates higher volatility compared to the market. The fund's strategy of mirroring the Russell 2000® Index provides diversification within the small-cap segment. Key growth catalysts include the continued expansion of the small-cap market and the fund's ability to identify and invest in high-quality companies within this segment. However, potential risks include market downturns that disproportionately affect small-cap stocks and the fund's relatively small asset base of $0.04 billion, which may limit its ability to capitalize on certain investment opportunities. The absence of dividend payouts may deter income-focused investors.
Based on FMP financials and quantitative analysis
SASWX Key Highlights
Invests at least 80% of net assets in small-cap equity securities.
- Benchmark is the Russell 2000® Index, guiding the fund's investment universe.
- Market capitalization of $37.1M indicates a relatively small fund size.
- Beta of 1.24 suggests higher volatility compared to the broader market.
- No dividend yield, indicating a focus on capital appreciation rather than income.
Who Are SASWX's Competitors?
SASWX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ACVVX AC Alternatives Market Neutral Value Fund - Investor Class | $8.90 | +0.00% | $36.5M | 49 |
| CUBA The Herzfeld Caribbean Basin Fund Inc. | $2.52 | -0.79% | $39.6M | 59 |
| EDFAX AIG ESG Dividend Fund A Shares | $18.00 | +0.00% | $40.2M | 44 |
| ICMAX Intrepid Small Cap Fund - Investor Class | $16.25 | +1.56% | $37.6M | 45 |
| ICMZX Intrepid Small Cap Fund - Institutional Class | $16.78 | +1.55% | $37.6M | 44 |
| BCG Binah Capital Group, Inc. | $1.40 | +0.72% | $23.5M | 78 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SASWX's Key Strengths?
Focused investment strategy on small-cap equities.
- Benchmark alignment with the Russell 2000® Index.
- Access to AIG's resources and expertise.
- Potential for high growth in the small-cap market.
What Are SASWX's Weaknesses?
Relatively small asset base of $0.04 billion.
- Higher volatility compared to the broader market (beta of 1.24).
- No dividend payouts, which may deter income-focused investors.
- Dependence on the performance of the small-cap market.
What Could Drive SASWX Stock Higher?
Potential for increased AUM through strategic marketing initiatives in Q3 2026.
- Continued growth and development of the small-cap market.
- Increasing investor interest in small-cap equities.
What Are the Key Risks for SASWX?
Market downturns that disproportionately affect small-cap stocks.
- Higher volatility compared to the broader market (beta of 1.24).
- Increased competition from other small-cap funds.
- Changes in economic conditions that negatively impact small-cap companies.
What Are the Growth Opportunities for SASWX?
- Expansion of Small-Cap Market: The continued growth and development of the small-cap market present a significant opportunity for SASWX. As more companies enter the small-cap space and existing companies grow, the fund has a larger pool of potential investments to choose from. This expansion is driven by factors such as technological innovation, entrepreneurship, and favorable economic conditions. The market size for small-cap equities is estimated to be in the trillions of dollars, offering ample room for growth. Timeline: Ongoing.
- Increased Investor Interest in Small-Cap Equities: Growing investor interest in small-cap equities is another key growth driver for SASWX. As investors seek higher returns and diversification, they are increasingly allocating capital to small-cap funds. This trend is fueled by the perception that small-cap companies have greater growth potential compared to larger, more established companies. The market size for small-cap funds is expanding rapidly, driven by both retail and institutional investors. Timeline: Ongoing.
- Strategic Partnerships and Alliances: Forming strategic partnerships and alliances with other financial institutions and investment platforms can help SASWX expand its reach and attract new investors. By collaborating with complementary businesses, the fund can tap into new distribution channels and access a wider pool of potential clients. This strategy can also enhance the fund's brand recognition and credibility. Timeline: 1-3 years.
- Enhanced Marketing and Investor Relations: Investing in enhanced marketing and investor relations efforts can help SASWX raise its profile and attract more capital. By effectively communicating the fund's investment strategy, performance, and value proposition, the fund can build trust and confidence among investors. This includes activities such as attending industry conferences, publishing thought leadership content, and engaging with investors through social media and other channels. Timeline: Ongoing.
- Focus on Sustainable and Responsible Investing: Integrating environmental, social, and governance (ESG) factors into the fund's investment process can attract a growing segment of investors who are interested in sustainable and responsible investing. By focusing on companies that demonstrate strong ESG performance, SASWX can differentiate itself from competitors and appeal to investors who are seeking to align their investments with their values. The market for ESG investing is growing rapidly, driven by increasing awareness of social and environmental issues. Timeline: 1-2 years.
What Are SASWX's Competitive Advantages?
- Established track record in small-cap investing.
- Alignment with the Russell 2000® Index provides a clear benchmark and investment strategy.
- Access to AIG's research and investment expertise.
What Does SASWX Do?
AIG Small-Cap Quality Fund Class W (SASWX) is designed to provide investors with exposure to the small-capitalization segment of the equity market. The fund operates under the principle of investing at least 80% of its net assets, combined with any borrowings for investment purposes, in the equity securities of small-cap companies. These companies are generally defined as those having market capitalizations equal to or less than the largest company included in the Russell 2000® Index during the preceding 12-month period. This investment strategy aims to replicate the performance characteristics of the Russell 2000® Index, offering investors a diversified approach to participating in the growth potential of smaller companies. The fund's investment decisions are guided by a focus on quality, seeking out small-cap companies that exhibit strong financial health and growth prospects. SASWX operates within the broader asset management industry, catering to investors seeking specialized exposure to the small-cap market segment. The fund's performance is influenced by factors such as market volatility, economic conditions, and the performance of the underlying small-cap companies in its portfolio. As of 2026, the fund manages approximately $0.04 billion in assets.
What Products and Services Does SASWX Offer?
- Invests primarily in equity securities of small-capitalization companies.
- Aims to replicate the performance characteristics of the Russell 2000® Index.
- Conducts research and analysis to identify high-quality small-cap companies.
- Manages a diversified portfolio of small-cap stocks.
- Provides investors with exposure to the growth potential of smaller companies.
- Monitors market conditions and adjusts the portfolio as needed.
How Does SASWX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM is driven by investment performance and net inflows from investors.
- Expenses include investment management fees, administrative costs, and marketing expenses.
What Industry Does SASWX Operate In?
SASWX operates within the asset management industry, specifically targeting the small-cap equity segment. The industry is characterized by a diverse range of investment strategies and fund offerings, catering to various investor preferences and risk profiles. The small-cap market segment offers potential for high growth but also carries higher volatility compared to larger, more established companies. SASWX competes with other small-cap funds and asset managers seeking to capitalize on the growth potential of smaller companies. Market trends such as increasing investor interest in small-cap equities and the growing demand for specialized investment strategies influence the fund's performance and competitive positioning.
Who Are SASWX's Key Customers?
- Individual investors seeking exposure to small-cap equities.
- Institutional investors, such as pension funds and endowments.
- Financial advisors and wealth managers who recommend the fund to their clients.
SASWX Financials
Bull Case vs Bear Case
Bull Case
- Focused investment strategy on small-cap equities.
- Benchmark alignment with the Russell 2000® Index.
- Access to AIG's resources and expertise.
- Potential for high growth in the small-cap market.
Bear Case
- Relatively small asset base of $0.04 billion.
- Higher volatility compared to the broader market (beta of 1.24).
- No dividend payouts, which may deter income-focused investors.
- Dependence on the performance of the small-cap market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
SASWX Latest News
No recent news available for SASWX.
SASWX Financial Services Stock FAQ
What happened to AIG Small-Cap Quality Fund Class W (SASWX) stock?
AIG Small-Cap Quality Fund Class W (SASWX) no longer trades on public markets. It was delisted in July 2021. The figures below are historical and are not a current quote.
Can I still buy SASWX shares?
No. SASWX stopped trading on public markets in July 2021, so the shares are not available through a broker. Anything you see quoted for SASWX elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before SASWX stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to AIG Small-Cap Quality Fund Class W. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does AIG Small-Cap Quality Fund Class W do?
AIG Small-Cap Quality Fund Class W (SASWX) is an investment fund that focuses on providing investors with exposure to the small-capitalization segment of the equity market.
What are the main risks for SASWX?
The main risks for SASWX include market downturns that disproportionately affect small-cap stocks, the fund's relatively small asset base of $0.04 billion, and its higher volatility compared to the broader market (beta of 1.24). Additionally, increased competition from other small-cap funds and changes in economic conditions that negatively impact small-cap companies could also pose risks to the fund's performance. Investors should carefully consider these risks before investing in SASWX.
How sensitive is SASWX to interest rate changes?
As an equity fund focused on small-cap companies, SASWX is indirectly sensitive to interest rate changes. Rising interest rates can increase borrowing costs for small-cap companies, potentially impacting their profitability and growth prospects. Additionally, higher interest rates can make fixed-income investments more attractive, potentially leading to a shift in investor preferences away from equities.
What is AIG Small-Cap Quality Fund Class W's credit quality and risk management approach?
Since SASWX invests in equity securities of small-cap companies rather than directly issuing credit or managing a loan portfolio, traditional credit quality assessments are not directly applicable. However, the fund's risk management approach involves conducting thorough research and analysis to identify high-quality small-cap companies with strong financial health and growth prospects.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis is pending, so some information may be incomplete.
- Financial data is based on available information as of 2026-03-18.