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
Share Class Inception: 12/22/06.
Class R5-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 7/22/96.
Characteristics
# of Holdings | 100 |
---|---|
% in Equities | 99 |
% in Foreign Equities | 7 |
Beta (3 year) | 0.95 |
R Squared (3 year) | 0.95 |
Standard Deviation | 21.88% |
Turnover- (12/31/2023) | 39% |
Active Share | 85% |
FUND | Russell 2000 Growth Index | |
---|---|---|
Price/Earnings | 34.0x | 37.1x |
EPS Growth Rate | 19.7% | 21.9% |
Asset Weighted Market Cap (billions) | $5.8 | $5.5 |
Return on Equity | 4.6% | 3.0% |
Median Market Cap (billions) | $4.2 | $1.3 |
elf Beauty, Inc. | 3.24 |
Applied Industrial Technologies, Inc. | 2.67 |
AZEK Co., Inc. | 2.42 |
Celsius Holdings, Inc. | 2.28 |
Verra Mobility Corp. | 2.22 |
Cabot Corp. | 2.12 |
PROCEPT BioRobotics Corp. | 2.07 |
Fluor Corp. | 1.97 |
Comfort Systems USA, Inc. | 1.93 |
Ryman Hospitality Properties, Inc. | 1.78 |
Total Portfolio % | 22.70 |
Less than $2 billion | 7 | |
$2 billion - $5 billion | 38 | |
$5 billion - $10 billion | 42 | |
Greater than $10 billion | 11 | |
Not Classified | 1 |
Alpha (5 Year)
|
1.40 |
Down Capture (5 Year)
|
97.94 |
Information Ratio (5 Year)
|
0.23 |
Sharpe Ratio (5 Year)
|
0.34 |
Up Capture (5 Year)
|
101.67 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
12/31/23 | 2/29/24 | 2/29/24 | -7 0 7 | ||||
Industrials | 23 | 25 | 20 | ||||
Consumer Discretionary | 13 | 12 | 11 | ||||
Consumer Staples | 5 | 6 | 5 | ||||
Energy | 5 | 5 | 4 | ||||
Communication Services | 3 | 3 | 2 | ||||
Real Estate | 3 | 3 | 2 | ||||
Health Care | 23 | 21 | 22 | ||||
Materials | 3 | 3 | 4 | ||||
Utilities | 0 | 0 | 1 | ||||
Financials | 4 | 4 | 6 | ||||
Information Technology | 17 | 16 | 23 |
Insights
Fund Literature