Objective
Seeks growth of capital.
Overview
A flexible, opportunistic stock fund that combines the skills and expertise of multiple active managers to invest across sectors, market caps, and investment styles.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 07/22/1996
Share Class Inception: 8/31/06.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 7/22/96.
Characteristics
# of Holdings | 141 |
---|---|
% in Equities | 98 |
% in Foreign Equities | 2 |
Beta (3 year) | 0.95 |
R Squared (3 year) | 0.98 |
Standard Deviation | 17.14% |
Turnover | 62% |
Active Share | 56% |
Dividend Frequency | Annually |
FUND | Russell 3000 Index | |
---|---|---|
As of Date | 9/30/2024 | --- |
Price/Earnings | 18.8x | 20.4x |
Price/Book | 4.9x | 4.9x |
EPS Growth Rate | 13.7% | 14.3% |
Asset Weighted Market Cap (billions) | $878.8 | $861.9 |
Return on Equity | 35.2% | 33.2% |
Median Market Cap (billions) | $38.5 | $2.3 |
Apple, Inc. | 7.70 |
NVIDIA Corp. | 5.40 |
Microsoft Corp. | 5.18 |
Amazon.com, Inc. | 3.42 |
Alphabet, Inc. | 3.35 |
UnitedHealth Group, Inc. | 2.37 |
Honeywell International, Inc. | 1.76 |
Meta Platforms, Inc. | 1.67 |
American Express Co. | 1.55 |
American Tower Corp. | 1.50 |
Total Portfolio % | 33.90 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 4 | |
$5 billion - $10 billion | 8 | |
Greater than $10 billion | 87 | |
Not Classified | 0 |
Alpha (5 Year)
|
-2.89 |
Down Capture (5 Year)
|
101.82 |
Information Ratio (5 Year)
|
-1.17 |
Sharpe Ratio (5 Year)
|
0.56 |
Up Capture (5 Year)
|
91.64 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 9/30/24 | 9/30/24 | -3 0 3 | ||||
Consumer Discretionary | 11 | 12 | 10 | ||||
Materials | 5 | 5 | 3 | ||||
Financials | 15 | 15 | 14 | ||||
Communication Services | 9 | 9 | 8 | ||||
Real Estate | 3 | 4 | 3 | ||||
Industrials | 9 | 10 | 10 | ||||
Utilities | 1 | 2 | 2 | ||||
Information Technology | 28 | 28 | 29 | ||||
Consumer Staples | 6 | 5 | 6 | ||||
Energy | 3 | 2 | 4 | ||||
Health Care | 10 | 9 | 12 |
Insights
Fund Literature