Investment objective & strategy
As of July 28, 2022 · prospectusObjective. This Fund seeks long-term capital appreciation.
Strategy. Under normal circumstances, this Fund invests at least 80% of its assets in common stocks and other equity securities of small capitalization U.S. companies. The Fund defines small capitalization companies as companies whose market capitalizations fall within the range of the Russell 2000 Index. As of March 31, 2022, the market capitalization range of the Russell 2000 Index was approximately $21.5 million to $14.9 billion. As of March 31, 2022, the weighted average market capitalization of the Fund was approximately $3.6 billion. The market capitalization of the companies in the Funds portfolio and the Russell 2000 Index changes over time; the Fund will not automatically sell or cease to purchase stock of a company it already owns just because the … Under normal circumstances, this Fund invests at least 80% of its assets in common stocks and other equity securities of small capitalization U.S. companies. The Fund defines small capitalization companies as companies whose market capitalizations fall within the range of the Russell 2000 Index. As of March 31, 2022, the market capitalization range of the Russell 2000 Index was approximately $21.5 million to $14.9 billion. As of March 31, 2022, the weighted average market capitalization of the Fund was approximately $3.6 billion. The market capitalization of the companies in the Funds portfolio and the Russell 2000 Index changes over time; the Fund will not automatically sell or cease to purchase stock of a company it already owns just because the companys market capitalization changes. The Fund expects to invest in equity securities of both growth companies and value companies. The Fund invests in securities that the Funds sub-adviser believes are attractively valued with the potential to exceed investor expectations. The Fund may sell securities that no longer meet the investment criteria of the portfolio management team.
Top holdings
As of March 31, 2023 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| BLKR-LIQ T-INS | TSTXX | $234.69K | 2.12% |
| HILLENBRAND INC | — | $206.09K | 1.86% |
| ATKORE INC | — | $180.66K | 1.63% |
| MYR GROUP INC/DELAWARE | — | $178.81K | 1.62% |
| BOX INC- CLASS A | — | $176.25K | 1.59% |
| UNITIL CORP | — | $171.01K | 1.55% |
| LANTHEUS HOLDING | — | $169.58K | 1.53% |
| PORTLAND GENERAL ELECTRIC CO | — | $157.62K | 1.43% |
| ELF BEAUTY INC | — | $155.64K | 1.41% |
| PRESTIGE CONSUMER HEALTHCARE INC | — | $153.69K | 1.39% |
Portfolio moves
Dec 30, 2022 → Mar 31, 2023How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Pacific Funds Small-Cap Value | 68% | 0.85% |
| Pacific Funds Small/Mid-Cap | 58% | 0.85% |
| JPMorgan Insurance Trust Small Cap Core Portfolio | 16% | 0.80% |
Footnotes
- Net assets and holdings count as of March 31, 2023, from the fund's N-PORT filing.
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