Focused Growth Fund
Daily price w/o sales charge as of 05/16/2025
$36.47
$0.16
YTD Returns w/o sales charge as of 05/16/2025
0.50%
Summary
Summary
Fund Basicsas of 04/30/2025
- Total Net Assets
- $84.34 M
- Inception Date
- 02/01/2019
- Dividend Frequency
- Annually (Daily Accrual)
- Fund Gross Expense Ratio
- 1.45%
- Fund Net Expense Ratio
- 1.05%
- Number of Holdings
- 31
- Minimum Initial Investment
- $1,500+
TEN LARGEST HOLDINGS as of 04/30/2025View Portfolio
Holding | Assets |
---|---|
NVIDIA Corp | 7.6% |
Meta Platforms Inc | 6.8% |
Amazon.com Inc | 5.8% |
Spotify Technology SA | 5.3% |
Netflix Inc | 5.0% |
Palantir Technologies Inc | 4.3% |
Apple Inc | 4.3% |
MercadoLibre Inc | 4.2% |
Microsoft Corp | 4.1% |
DoorDash Inc | 3.4% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 04/30/2025View Portfolio
Sector | Weighting |
---|
Sector | Weighting |
---|---|
Communication Services | |
Real Estate | |
Utilities | |
Consumer Discretionary | |
Consumer Staples | |
Energy | |
Financials | |
Health Care | |
Industrials | |
Information Technology | |
Materials |
INVESTMENT TEAM



Your Representative
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Performance
Performance
Fund Expense Ratio :
Gross 1.45%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
---|
w/o sales charge | -8.57% | 25.02% | 14.37% | 17.14% | - | 17.44% |
Lipper Category Avg. Large-Cap Growth Funds | -7.72% | 11.93% | 13.88% | 14.37% | - | - |
Russell 1000® Growth Index | -8.47% | 14.41% | 15.56% | 17.20% | - | 17.45% |
w/ sales charge | -13.82% | 17.83% | 12.14% | 15.77% | - | 16.32% |
Fund Expense Ratio :
Gross 1.45%
Net 1.05%
Fund Expense Ratio :
Gross 1.45%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
---|
w/o sales charge | -13.50% | 10.96% | 6.87% | 19.18% | - | 16.63% |
Lipper Category Avg. Large-Cap Growth Funds | -9.26% | 4.75% | 8.32% | 17.10% | - | - |
Russell 1000® Growth Index | -10.00% | 7.72% | 10.09% | 20.08% | - | 17.37% |
w/ sales charge | -18.47% | 4.56% | 4.78% | 17.78% | - | 15.51% |
Fund Expense Ratio :
Gross 1.45%
Net 1.05%
Returns with sales charges reflect a maximum sales charge of 5.75%.
Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost.
The Fund changed its investment strategy on 01/31/2019. Performance is calculated from this date.
Year | Fund Returns | Russell 1000® Growth Index |
---|
2024 | 50.52% | 33.36% |
2023 | 33.80% | 42.68% |
2022 | -39.06% | -29.14% |
2021 | 12.94% | 27.60% |
2020 | 86.10% | 38.49% |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2025 | -13.50% | - | - | - |
2024 | 17.34% | 6.50% | 2.19% | 17.86% |
2023 | 11.43% | 10.96% | -5.21% | 14.16% |
2022 | -13.02% | -24.49% | -1.91% | -5.41% |
2021 | -2.35% | 9.65% | -0.06% | 5.55% |
2020 | -7.20% | 41.99% | 21.17% | 16.56% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 04/30/2025
The chart begins on the Fund's inception date of 01/31/2019.
Based on a hypothetical Class A share investment of $10,000 on 01/31/2019 without sales charge and includes the reinvestment of all distributions.
NAV HISTORICAL PRICES
Date | Net Asset Value |
---|
Portfolio
Portfolio
Holding | Sector | Assets |
---|
NVIDIA Corp | Information Technology | 7.6% |
Meta Platforms Inc | Communication Services | 6.8% |
Amazon.com Inc | Consumer Discretionary | 5.8% |
Spotify Technology SA | Communication Services | 5.3% |
Netflix Inc | Communication Services | 5.0% |
Palantir Technologies Inc | Information Technology | 4.3% |
Apple Inc | Information Technology | 4.3% |
MercadoLibre Inc | Consumer Discretionary | 4.2% |
Microsoft Corp | Information Technology | 4.1% |
DoorDash Inc | Consumer Discretionary | 3.4% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Holding | Sector | Assets |
---|
NVIDIA Corp | Information Technology | 8.2% |
Meta Platforms Inc | Communication Services | 7.8% |
Amazon.com Inc | Consumer Discretionary | 6.5% |
Spotify Technology SA | Communication Services | 5.1% |
Apple Inc | Information Technology | 4.8% |
Netflix Inc | Communication Services | 4.5% |
MercadoLibre Inc | Consumer Discretionary | 3.8% |
DoorDash Inc | Consumer Discretionary | 3.5% |
Alphabet Inc | Communication Services | 3.5% |
Intuitive Surgical Inc | Health Care | 3.3% |
Palantir Technologies Inc | Information Technology | 3.3% |
Natera Inc | Health Care | 3.3% |
Boston Scientific Corp | Health Care | 3.2% |
Axon Enterprise Inc | Industrials | 3.0% |
Carvana Co | Consumer Discretionary | 2.9% |
Shopify Inc | Information Technology | 2.9% |
CyberArk Software Ltd | Information Technology | 2.9% |
Argenx SE | Health Care | 2.6% |
Microsoft Corp | Information Technology | 2.6% |
Atlassian Corp | Information Technology | 2.5% |
HubSpot Inc | Information Technology | 2.3% |
Wix.com Ltd | Information Technology | 2.1% |
Reddit Inc | Communication Services | 2.1% |
Broadcom Inc | Information Technology | 1.9% |
ServiceNow Inc | Information Technology | 1.9% |
AppLovin Corp | Information Technology | 1.8% |
Cloudflare Inc | Information Technology | 1.8% |
Arista Networks Inc | Information Technology | 1.4% |
Astera Labs Inc | Information Technology | 1.2% |
EMCOR Group Inc | Industrials | 1.1% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 04/30/2025
Sector | Weighting | Fund Change from Previous Quarter |
---|
Sector | Weighting | Fund Change from Previous Quarter |
---|---|---|
Communication Services |
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Real Estate | 0.0% | |
Utilities | 0.0% | |
Consumer Discretionary |
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|
Consumer Staples | 0.0% | |
Energy | 0.0% | |
Financials |
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|
Health Care |
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|
Industrials |
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|
Information Technology |
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|
Materials | 0.0% |
PORTFOLIO DETAILS as of 04/30/2025
- Total Net Assets
- $84.34 M
- Number of Holdings
- 31
- Weighted Average Market Cap.
- 894.2 B
- P/B Ratio
- 12.5x
- P/E Ratio
- 43.8x
To view definitions for the above Portfolio Details, Click here.
Weighted Average Market Cap - The average market capitalization of all companies held in the portfolio with each company weighted according to its percent held in the portfolio. The result is based upon a weighted average of the securities held in the fund.
P/B Ratio - A ratio that helps determine whether a stock is undervalued or overvalued. It is calculated by dividing a stock's price per share by its book value per share. The result is based upon a weighted average of the securities held in the fund.
P/E Ratio - Is the weighted average of each holding's P/E ratio (price of a stock divided by its earnings per share). The result is based upon a weighted average of the securities held in the fund.
Portfolio Turnover - This is a measure of the Fund’s trading activity which is computed by taking the lesser of purchases or sales divided by average monthly market value, excluding short-term investments. The resulting percentage represents the percentage of the portfolio’s holdings that have changed over the past year.
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 05/16/2025
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $50,000 | 5.75% | 5.00% | $38.69 |
$50,000 to $99,999 | 4.75% | 4.00% | $38.29 |
$100,000 to $249,999 | 3.95% | 3.25% | $37.97 |
$250,000 to $499,999 | 2.75% | 2.25% | $37.50 |
$500,000 to $999,999 | 1.95% | 1.75% | $37.20 |
$1,000,000 to $5,000,000 | 0.00% | 1.00% | $36.47 |
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
EXPENSE RATIOas of 04/30/2025
Fund Gross Expense Ratio | 1.45% |
Fund Net Expense Ratio | 1.05% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/28/2026. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
0Documents selected
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Annual Tailored Shareholder Report
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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