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 growth of capital.
Overview
A small-cap fund with a dual focus on emerging and reemerging growth companies.
The portfolio manager is 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
Characteristics
# of Holdings | 107 |
---|---|
% in Equities | 99 |
% in Foreign Equities | 7 |
Beta (3 year) | 0.94 |
R Squared (3 year) | 0.96 |
Standard Deviation | 22.18% |
Turnover | 48% |
Active Share | 84% |
FUND | Russell 2000 Growth Index | |
---|---|---|
Price/Earnings | 32.4x | 33.9x |
EPS Growth Rate | 16.9% | 15.7% |
Asset Weighted Market Cap (billions) | $5.8 | $4.1 |
Return on Equity | 6.3% | 2.2% |
Median Market Cap (billions) | $4.4 | $1.2 |
PROCEPT BioRobotics Corp. | 3.24 |
Applied Industrial Technologies, Inc. | 2.76 |
Verra Mobility Corp. | 2.71 |
Fluor Corp. | 2.59 |
Cabot Corp. | 2.54 |
Curtiss-Wright Corp. | 2.17 |
Viper Energy, Inc. | 2.16 |
AZEK Co., Inc. | 2.07 |
ExlService Holdings, Inc. | 1.93 |
Champion Homes, Inc. | 1.82 |
Total Portfolio % | 23.99 |
Less than $2 billion | 8 | |
$2 billion - $5 billion | 35 | |
$5 billion - $10 billion | 49 | |
Greater than $10 billion | 8 | |
Not Classified | 0 |
Alpha (5 Year)
|
0.90 |
Down Capture (5 Year)
|
98.54 |
Information Ratio (5 Year)
|
0.12 |
Sharpe Ratio (5 Year)
|
0.40 |
Up Capture (5 Year)
|
100.57 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 8/31/24 | 8/31/24 | -4 0 4 | ||||
Industrials | 25 | 24 | 22 | ||||
Consumer Discretionary | 12 | 12 | 10 | ||||
Energy | 6 | 6 | 4 | ||||
Communication Services | 3 | 3 | 2 | ||||
Real Estate | 3 | 3 | 2 | ||||
Health Care | 24 | 26 | 26 | ||||
Utilities | 0 | 0 | 0 | ||||
Materials | 3 | 3 | 4 | ||||
Consumer Staples | 3 | 2 | 3 | ||||
Financials | 5 | 5 | 8 | ||||
Information Technology | 16 | 16 | 20 |
Insights
Fund Literature