On September 13, 2024, the Fund’s Class C shares performed a reverse stock split. The Fund’s Class C reverse stock split reduced the number of outstanding shares and proportionately increased the net asset value (“NAV”) per share with respect to only Class C shares of the Fund. However, the reverse stock split did not impact a shareholder’s total dollar value of an investment in Class C shares of the Fund.
Objective
Seeks long-term growth of capital.
Overview
A mid-cap fund that seeks to invest in “blue-chip” companies that are industry leaders
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: 12/31/1997
Share Class Inception: 2/27/09.
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 12/31/97.
Characteristics
# of Holdings | 95 |
---|---|
% in Equities | 100 |
% in Foreign Equities | 3 |
Beta (3 year) | 0.93 |
R Squared (3 year) | 0.90 |
Standard Deviation | 20.30% |
Turnover | 35% |
Active Share | 91% |
FUND | S&P MidCap 400 Index | |
---|---|---|
Price/Earnings | 26.5x | 14.9x |
Price/Book | 6.2x | 2.7x |
EPS Growth Rate | 16.8% | 11.8% |
Asset Weighted Market Cap (billions) | $20.1 | $9.8 |
Return on Equity | 22.4% | 20.8% |
Median Market Cap (billions) | $15.6 | $7.0 |
Targa Resources Corp. | 2.56 |
Monolithic Power Systems, Inc. | 2.47 |
Datadog, Inc. | 2.41 |
CyberArk Software Ltd. | 2.36 |
NVR, Inc. | 2.19 |
WEX, Inc. | 2.10 |
Veeva Systems, Inc. | 2.07 |
DraftKings, Inc. | 1.96 |
MongoDB, Inc. | 1.92 |
PTC, Inc. | 1.92 |
Total Portfolio % | 21.96 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 3 | |
$5 billion - $10 billion | 23 | |
Greater than $10 billion | 74 | |
Not Classified | 0 |
Alpha (5 Year)
|
-5.59 |
Down Capture (5 Year)
|
94.78 |
Information Ratio (5 Year)
|
-1.04 |
Sharpe Ratio (5 Year)
|
0.24 |
Up Capture (5 Year)
|
78.86 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 8/31/24 | 8/31/24 | -16 0 16 | ||||
Information Technology | 25 | 25 | 9 | ||||
Health Care | 18 | 19 | 10 | ||||
Communication Services | 2 | 2 | 1 | ||||
Utilities | 3 | 3 | 3 | ||||
Consumer Discretionary | 15 | 14 | 15 | ||||
Energy | 4 | 4 | 5 | ||||
Consumer Staples | 3 | 2 | 4 | ||||
Financials | 11 | 12 | 17 | ||||
Industrials | 16 | 16 | 22 | ||||
Materials | 1 | 1 | 7 | ||||
Real Estate | 1 | 1 | 8 |
Insights
Fund Literature