# FBR SMALL CAP FINANCIAL FUND — new fund registration

FBR FUNDS registered fund series on Form 485APOS, filed 2009-12-28. Featured series: FBR SMALL CAP FINANCIAL FUND.

## Registration

- Registrant / trust: FBR FUNDS
- CIK: 0001277946
- Form: 485APOS
- Filed: 2009-12-28
- State of incorporation: DE
- Accession: 0001003297-09-000310

## Series & classes (20)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [FBR SMALL CAP FINANCIAL FUND](https://search.stillhousedata.com/fund/S000009264) | FBR SMALL CAP FINANCIAL FUND Investor Class | FBRSX | — |
| [FBR SMALL CAP FINANCIAL FUND](https://search.stillhousedata.com/fund/S000009264) | FBR Small Cap Financial Fund I Class | FBRUX | — |
| [FBR SMALL CAP FINANCIAL FUND](https://search.stillhousedata.com/fund/S000009264) | FBR Small Cap Financial Fund R Class | FBRWX | — |
| [FBR LARGE CAP FINANCIAL FUND](https://search.stillhousedata.com/fund/S000009266) | FBR LARGE CAP FINANCIAL FUND Investor Class | FBRFX | — |
| [FBR Focus Fund](https://search.stillhousedata.com/fund/S000009267) | FBR FOCUS FUND Investor Class | FBRVX | — |
| [FBR Focus Fund](https://search.stillhousedata.com/fund/S000009267) | FBR Focus Fund I Class | FBRIX | — |
| [FBR Focus Fund](https://search.stillhousedata.com/fund/S000009267) | FBR Focus Fund R Class | FBRRX | — |
| [FBR TECHNOLOGY FUND](https://search.stillhousedata.com/fund/S000009268) | FBR TECHNOLOGY FUND Investor Class | FBRTX | — |
| [FBR TECHNOLOGY FUND](https://search.stillhousedata.com/fund/S000009268) | FBR Technology Fund I Class | — | — |
| [FBR PEGASUS SMALL CAP GROWTH FUND](https://search.stillhousedata.com/fund/S000009269) | FBR PEGASUS SMALL CAP GROWTH FUND Investor Class | FBRCX | — |
| [FBR PEGASUS SMALL CAP GROWTH FUND](https://search.stillhousedata.com/fund/S000009269) | FBR Pegasus Small Cap Growth Fund R Class | FBPSX | — |
| [FBR PEGASUS SMALL CAP GROWTH FUND](https://search.stillhousedata.com/fund/S000009269) | FBR Pegasus Small Cap Growth Fund I Class | FBPGX | — |
| [FBR GAS UTILITY INDEX FUND](https://search.stillhousedata.com/fund/S000009270) | FBR GAS UTILITY INDEX FUND Investor Class | GASFX | — |
| [FBR GAS UTILITY INDEX FUND](https://search.stillhousedata.com/fund/S000009270) | FBR Gas Utility Index Fund R Class | GASSX | — |
| [FBR PEGASUS FUND](https://search.stillhousedata.com/fund/S000009271) | FBR PEGASUS FUND Investor Class | FBRPX | — |
| [FBR PEGASUS FUND](https://search.stillhousedata.com/fund/S000009271) | FBR Pegasus Fund I Class | FBPIX | — |
| [FBR Pegasus Mid Cap Fund](https://search.stillhousedata.com/fund/S000015856) | FBR Pegasus Mid Cap Fund Investor Class | FBRMX | — |
| [FBR Pegasus Mid Cap Fund](https://search.stillhousedata.com/fund/S000015856) | FBR Pegasus Mid Cap Fund I Class | FBPMX | — |
| [FBR Pegasus Small Cap Fund](https://search.stillhousedata.com/fund/S000015857) | FBR Pegasus Small Cap Fund Investor Class | FBRYX | — |
| [FBR Pegasus Small Cap Fund](https://search.stillhousedata.com/fund/S000015857) | FBR Pegasus Small Cap Fund I Class | FBPYX | — |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.25%
- Gross expense ratio: 1.50%
- Management fee: 0.90%
- Net expense ratio: 1.68%
- Other expenses: 0.37%

## Investment objective

The investment objective of the Small Cap Financial Fund (the Fund) is capital appreciation.

## Other filings by this registrant (10)

- [485APOS — 2009-12-28 (4 new series)](https://search.stillhousedata.com/launch/0001003297-09-000313)
- [485APOS — 2009-10-30](https://search.stillhousedata.com/launch/0001003297-09-000253)
- [485APOS — 2008-03-11](https://search.stillhousedata.com/launch/0001003297-08-000052)
- [485APOS — 2008-03-07](https://search.stillhousedata.com/launch/0001003297-08-000046)
- [485APOS — 2006-12-15 (2 new series)](https://search.stillhousedata.com/launch/0001003297-06-000477)
- [485APOS — 2005-08-18](https://search.stillhousedata.com/launch/0001003297-05-000274)
- [485APOS — 2004-12-30](https://search.stillhousedata.com/launch/0001003297-04-000504)
- [485APOS — 2004-04-30](https://search.stillhousedata.com/launch/0001003297-04-000224)
- [N-1A/A — 2004-02-27](https://search.stillhousedata.com/launch/0001003297-04-000106)
- [N-1A — 2004-02-04](https://search.stillhousedata.com/launch/0001003297-04-000052)

## More

- [Registrant profile: FBR FUNDS](https://search.stillhousedata.com/registrant/1277946)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0001003297-09-000310.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.
