Congress Small Cap Growth Fund
Fund
CSMVX
Price as of:
$34.12
+ $0.70
+ 2.09%
Primary Theme
fund company
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.9%
1 yr return
9.5%
3 Yr Avg Return
1.6%
5 Yr Avg Return
12.5%
Net Assets
$1 B
Holdings in Top 10
31.2%
52 WEEK LOW AND HIGH
$33.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 50.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CSMVX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 12.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCongress Small Cap Growth Fund
-
Fund Family NameCongress
-
Inception DateNov 10, 2000
-
Shares Outstanding3066909
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregg O’Keefe
Fund Description
The Small Cap Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of small‑capitalization companies. The Small Cap Fund defines small‑capitalization companies as those companies with market capitalizations not exceeding the highest market capitalization in the Russell 2000® Growth Index during the preceding 12 months. As of the last reconstitution date, June 26, 2023, the market capitalization of companies in the Russell 2000® Growth Index ranged from $17.8 million to $11.4 billion. The Fund may invest any portion of the remaining 20% of its net assets in the equity securities of companies with market capitalizations that may be higher or lower than the range of issuer market capitalizations represented in the Russell 2000® Growth Index. The Small Cap Fund may invest in companies across all sectors of the economy, but may favor companies in particular sectors or industries at different times. The Small Cap Fund may, from time to time, have significant exposure to one or more sectors of the market. The Small Cap Fund may invest in U.S. dollar-denominated foreign equity securities, including through American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) issued by U.S. depository banks, which are traded on U.S. exchanges. The Small Cap Fund may invest in such securities without limit, but such investments are not expected to exceed 20% of the Fund’s total assets.
The Advisor may invest the Small Cap Fund’s assets in the securities of companies that it believes have a history of growth or that it believes have growth potential. Growth may be measured by factors such as earnings or revenue. The Advisor may invest in the securities of companies with leading competitive positions and management that can achieve sustained growth. Companies with the potential for strong growth may have characteristics such as new products, technologies, distribution channels, strong industry or market positions. Growth stocks may be designated as such and purchased based on the premise that the market will eventually reward a given company’s long‑term earnings growth with a higher stock price when that company’s earnings grow faster than both inflation and the economy in general. In selecting investments for the Fund’s portfolio, the Advisor uses fundamental research to evaluate each company, focusing on the company’s earnings growth, return on equity, margin stability, and capital management. These and other factors are then weighed against valuation. A stock may be sold, among other reasons, if it has reached a price target, the issuer’s fundamental outlook has changed, or a better investment opportunity is available.
CSMVX - Performance
Return Ranking - Trailing
| Period | CSMVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.9% | -11.0% | 9.4% | 60.11% |
| 1 Yr | 9.5% | -7.5% | 45.3% | 61.44% |
| 3 Yr | 1.6%* | -26.1% | 57.2% | 6.31% |
| 5 Yr | 12.5%* | -5.1% | 43.7% | 5.76% |
| 10 Yr | 11.0%* | 0.8% | 23.7% | 8.33% |
* Annualized
Return Ranking - Calendar
| Period | CSMVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.0% | -20.5% | 54.6% | 17.96% |
| 2022 | -26.4% | -82.1% | 32.2% | 24.64% |
| 2021 | 17.2% | -90.6% | 300.1% | 4.86% |
| 2020 | 27.9% | -63.0% | 127.9% | 51.68% |
| 2019 | 14.3% | -7.7% | 42.9% | 84.81% |
Total Return Ranking - Trailing
| Period | CSMVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.9% | -11.0% | 9.4% | 60.11% |
| 1 Yr | 9.5% | -7.5% | 45.3% | 61.44% |
| 3 Yr | 1.6%* | -26.1% | 57.2% | 6.31% |
| 5 Yr | 12.5%* | -5.1% | 43.7% | 5.76% |
| 10 Yr | 11.0%* | 0.8% | 23.7% | 8.33% |
* Annualized
Total Return Ranking - Calendar
| Period | CSMVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.0% | -19.0% | 136.8% | 21.30% |
| 2022 | -26.4% | -59.9% | 44.3% | 40.00% |
| 2021 | 39.0% | -22.7% | 411.9% | 1.98% |
| 2020 | 38.9% | 1.5% | 150.8% | 46.83% |
| 2019 | 24.7% | 5.5% | 55.3% | 77.50% |
NAV & Total Return History
CSMVX - Holdings
Concentration Analysis
| CSMVX | Category Low | Category High | CSMVX % Rank | |
|---|---|---|---|---|
| Net Assets | 1 B | 207 K | 34.3 B | 37.22% |
| Number of Holdings | 40 | 7 | 1180 | 93.74% |
| Net Assets in Top 10 | 287 M | 57.4 K | 2.83 B | 38.26% |
| Weighting of Top 10 | 31.18% | 7.1% | 100.1% | 21.95% |
Top 10 Holdings
- First American Treasury Obligations Fund 4.50%
- elf Beauty Inc 3.99%
- Onto Innovation Inc 3.16%
- Integer Holdings Corp 2.92%
- Qualys Inc 2.88%
- Comfort Systems USA Inc 2.84%
- AeroVironment Inc 2.82%
- Ameris Bancorp 2.70%
- Sterling Infrastructure Inc 2.69%
- Sprouts Farmers Market Inc 2.68%
Asset Allocation
| Weighting | Return Low | Return High | CSMVX % Rank | |
|---|---|---|---|---|
| Stocks | 95.23% | 77.88% | 108.99% | 88.17% |
| Cash | 4.77% | 0.00% | 26.25% | 16.52% |
| Preferred Stocks | 0.00% | 0.00% | 3.53% | 99.30% |
| Other | 0.00% | -0.22% | 5.89% | 95.30% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 99.30% |
| Bonds | 0.00% | 0.00% | 3.22% | 99.30% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CSMVX % Rank | |
|---|---|---|---|---|
| Healthcare | 26.82% | 0.00% | 47.90% | 16.35% |
| Technology | 21.85% | 2.91% | 75.51% | 69.04% |
| Industrials | 19.80% | 0.00% | 36.64% | 21.04% |
| Consumer Cyclical | 10.19% | 0.00% | 24.04% | 73.74% |
| Consumer Defense | 5.48% | 0.00% | 13.56% | 21.04% |
| Communication Services | 5.01% | 0.00% | 15.31% | 11.13% |
| Financial Services | 4.58% | 0.00% | 42.95% | 74.96% |
| Energy | 2.60% | 0.00% | 55.49% | 51.30% |
| Basic Materials | 2.46% | 0.00% | 9.24% | 48.70% |
| Real Estate | 1.22% | 0.00% | 15.31% | 61.91% |
| Utilities | 0.00% | 0.00% | 5.57% | 99.13% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CSMVX % Rank | |
|---|---|---|---|---|
| US | 95.23% | 30.27% | 102.09% | 75.83% |
| Non US | 0.00% | 0.00% | 61.74% | 99.48% |
CSMVX - Expenses
Operational Fees
| CSMVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.33% | 0.05% | 23.20% | 39.20% |
| Management Fee | 0.85% | 0.05% | 1.62% | 74.04% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 66.14% |
| Administrative Fee | N/A | 0.01% | 0.40% | 59.75% |
Sales Fees
| CSMVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CSMVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CSMVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 50.00% | 3.00% | 439.00% | 47.31% |
CSMVX - Distributions
Dividend Yield Analysis
| CSMVX | Category Low | Category High | CSMVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.14% | 99.30% |
Dividend Distribution Analysis
| CSMVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| CSMVX | Category Low | Category High | CSMVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.03% | -2.47% | 1.10% | 75.84% |
Capital Gain Distribution Analysis
| CSMVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2021 | $6.811 | OrdinaryDividend |
| Dec 30, 2005 | $0.030 | OrdinaryDividend |
CSMVX - Fund Manager Analysis
Managers
Gregg O’Keefe
Start Date
Tenure
Tenure Rank
Sep 15, 2017
4.71
4.7%
Mr. O’Keefe is a Chartered Financial Analyst charter holder, serves as Executive Vice President of and as a Portfolio Manager for Congress Asset Management Company, LLP. Prior to joining Congress in 1986, Mr. O’Keefe served as an Analyst for Trustee & Investors Co., Inc. Mr. O’Keefe holds a Bachelor of Science in Business Administration degree in Accounting from Boston University and a Master of Business Administration degree in Finance from Boston College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.01 | 5.25 |