EGFIX: Edgewood Growth Fund - MutualFunds.com
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Edgewood Growth Instl

EGFIX - Snapshot

Vitals

  • YTD Return -2.1%
  • 3 Yr Annualized Return 25.0%
  • 5 Yr Annualized Return 22.2%
  • Net Assets $26.9 B
  • Holdings in Top 10 51.9%

52 WEEK LOW AND HIGH

$50.52
$29.03
$54.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA $100,000

Fund Classification


Compare EGFIX to Popular U.S. Large-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$68.34

-0.96%

$255.67 B

0.25%

$0.17

1.18%

-

$311.86

-0.79%

$152.72 B

0.55%

$1.74

0.85%

-

$250.11

-0.57%

$145.66 B

0.51%

$1.28

-0.18%

-

$128.79

-0.52%

$145.66 B

-

$0.00

-1.31%

-

$16.55

-0.48%

$136.39 B

-

$0.00

-1.25%

-

EGFIX - Profile

Distributions

  • YTD Total Return -2.1%
  • 3 Yr Annualized Total Return 25.0%
  • 5 Yr Annualized Total Return 22.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Edgewood Growth Fund
  • Fund Family Name
    Edgewood
  • Inception Date
    Feb 28, 2006
  • Shares Outstanding
    506453338
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Edwardson

Fund Description

The fund primarily invests in a core group of 15-35 equity securities, including both common stocks and sponsored American Depositary Receipts ("ADRs"). Its investments are expected to have a bias toward larger capitalization issuers (those with market capitalizations in excess of $10 billion), but the fund may also invest in small-capitalization (between $100 million and $4 billion) and medium-capitalization (between $4 billion and $10 billion) companies. It is non-diversified.


EGFIX - Performance

Return Ranking - Trailing

Period EGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -3.8% 26.8% 91.87%
1 Yr 42.2% -9.0% 145.0% 25.47%
3 Yr 25.0%* -6.6% 51.8% 16.38%
5 Yr 22.2%* -6.8% 39.6% 12.29%
10 Yr 19.3%* 6.9% 23.9% 4.89%

* Annualized

Return Ranking - Calendar

Period EGFIX Return Category Return Low Category Return High Rank in Category (%)
2020 34.4% -67.0% 145.0% 21.24%
2019 33.8% -28.8% 76.0% 9.35%
2018 -2.6% -64.5% 19.1% 9.79%
2017 33.1% -68.7% 64.3% 3.11%
2016 1.4% -56.6% 15.3% 38.38%

Total Return Ranking - Trailing

Period EGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -3.8% 26.8% 91.72%
1 Yr 42.2% -9.0% 145.0% 23.40%
3 Yr 25.0%* -8.4% 51.8% 15.87%
5 Yr 22.2%* -7.9% 39.6% 11.97%
10 Yr 19.3%* 6.9% 23.9% 4.80%

* Annualized

Total Return Ranking - Calendar

Period EGFIX Return Category Return Low Category Return High Rank in Category (%)
2020 34.4% -67.0% 145.0% 21.24%
2019 33.8% -28.8% 76.0% 9.35%
2018 -2.6% -64.5% 29.5% 25.06%
2017 34.8% -24.8% 64.3% 8.19%
2016 3.6% -56.6% 17.1% 41.49%

NAV & Total Return History


EGFIX - Holdings

Concentration Analysis

EGFIX Category Low Category High EGFIX % Rank
Net Assets 26.9 B 10.3 K 256 B 6.77%
Number of Holdings 23 1 2373 96.59%
Net Assets in Top 10 12.5 B 378 K 96.2 B 7.80%
Weighting of Top 10 51.87% 10.8% 100.0% 14.10%

Top 10 Holdings

  1. PayPal Holdings Inc 5.91%
  2. NVIDIA Corp 5.66%
  3. Facebook Inc A 5.57%
  4. Visa Inc Class A 5.48%
  5. Snap Inc Class A 5.47%
  6. Alphabet Inc A 5.18%
  7. Adobe Inc 5.14%
  8. American Tower Corp 4.89%
  9. Equinix Inc 4.86%
  10. Amazon.com Inc 4.83%

Asset Allocation

Weighting Return Low Return High EGFIX % Rank
Stocks
97.95% 51.75% 112.08% 72.41%
Cash
2.05% -12.08% 48.25% 24.42%
Preferred Stocks
0.00% 0.00% 2.61% 24.80%
Other
0.00% -5.20% 20.00% 30.88%
Convertible Bonds
0.00% 0.00% 7.90% 17.15%
Bonds
0.00% -0.73% 20.94% 21.60%

Stock Sector Breakdown

Weighting Return Low Return High EGFIX % Rank
Technology
19.31% 0.00% 88.51% 94.06%
Financial Services
19.00% 0.00% 41.22% 4.90%
Healthcare
18.21% 0.00% 61.09% 15.52%
Communication Services
14.52% 0.00% 68.14% 36.38%
Consumer Cyclical
11.13% 0.00% 41.42% 85.89%
Real Estate
9.96% 0.00% 22.68% 0.67%
Consumer Defense
4.31% 0.00% 19.49% 39.27%
Industrials
3.57% 0.00% 29.82% 76.24%
Utilities
0.00% 0.00% 11.81% 44.02%
Energy
0.00% 0.00% 8.49% 45.95%
Basic Materials
0.00% 0.00% 19.40% 75.87%

Stock Geographic Breakdown

Weighting Return Low Return High EGFIX % Rank
US
97.95% 11.31% 106.92% 19.90%
Non US
0.00% 0.00% 80.40% 93.24%

EGFIX - Expenses

Operational Fees

EGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.01% 23.28% 46.40%
Management Fee 1.00% 0.00% 1.50% 95.56%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% 45.92%

Sales Fees

EGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

EGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 5.00% 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.

EGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.00% 358.00% 25.56%

EGFIX - Distributions

Dividend Yield Analysis

EGFIX Category Low Category High EGFIX % Rank
Dividend Yield 0.00% 0.00% 5.98% 17.85%

Dividend Distribution Analysis

EGFIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

EGFIX Category Low Category High EGFIX % Rank
Net Income Ratio -0.30% -56.00% 1.99% 68.09%

Capital Gain Distribution Analysis

EGFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

EGFIX - Fund Manager Analysis

Managers

Scott Edwardson


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Scott graduated from the University of Michigan in 1992 with a B.S.E. in Industrial and Operations Engineering. After college he worked at Ford Motor Company in forecasting, planning, and logistics for five years before leaving to attend graduate school. Scott graduated with honors from Columbia University Graduate School of Business in 2000 receiving an M.B.A. in Finance and Accounting and is currently a member of the Business School’s Young Alumni Council. While studying full time at Columbia he worked as an analyst at Gabelli Asset Management and later interned at Edgewood Management. He accepted a Senior Research Analyst position with Edgewood Management in 2000 and was promoted to Managing Director in 2010. Scott serves on the board of the Ridgefield Symphony Orchestra and the advisory board of Saint Mary School in Ridgefield.

Lawrence Creel


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Larry joined Edgewood Management in 1997 as a Partner. Larry is a portfolio manager and a member of the Investment Committee. Prior to joining Edgewood he spent twelve years at Donaldson Lufkin and Jenrette, a New York based investment bank. Larry was a Vice President at DLJ in the firm’s equities division and was responsible for the firm’s top institutional accounts. He is a graduate of Lake Forest College and attended the New York University Stern School of Business. Larry is on the Board of Trustees at Second Stage Theater in New York City.

Kevin Seth


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Kevin joined Edgewood Management in 1995 as a Partner after nine years as an institutional salesman for Credit Suisse First Boston. He is a member of Edgewood’s Investment Committee. Kevin worked for First Boston in London, New York and Boston covering institutional accounts in the U.S. and Australia. Prior to First Boston, Kevin worked in London from 1983 to 1986 for Robert Fleming Ltd. as a North American equities analyst and junior portfolio manager. He is a graduate of Montana State University with a BS degree in Economics and Pre-Law. Kevin served for 4 years as a member of the Board of Governors in addition to being a member and past chairman of the Investment Committee for the Montana State University Foundation for which he served 12 years. Kevin is currently on the board of the New Canaan Public Library and more recently the National Park Trust as a board member and a member of the finance committee as well as development and land acquisition committees.

Alexander Farman-Farmaian


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Alexander Farman-Farmaian is Vice Chairman, Partner and Portfolio Manager at Edgewood. He joined in January 2006 and helped implement the current valuation approach of the Edgewood Investment Committee. He is an analyst on portfolio companies, served as Director of Research, and produces the “Economents™”, a periodic economic and financial markets update for clients. Prior to joining Edgewood, Alex was for 19 years a senior member of the Portfolio Management team at W.P. Stewart & Co. where he chaired the Investment Oversight Committee. He is a member of the Council on Foreign Relations (CFR - NY), the World Presidents’ Organization (WPO), and serves as a Trustee of the International Women’s Health Coalition (IWHC), an organization that promotes access to health services and fundamental human rights of women and girls around the world. Alex also serves on the New York regional as well as the National Boards of CollegeSpring, a non-profit which educates low income high-school students in SAT & ACT college entry testing. Alex was formerly President of the Princeton Club of New York, is a member of the Economics Club of New York and is on the board of Kalinat S.A., a potato chip manufacturing company in Caracas, Venezuela. He received a BA in Economics from Princeton University in 1987, and speaks fluent French, Spanish, Farsi and conversational Italian.

Peter Jennison


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Peter joined Edgewood Management in January 2006 as a Partner. He is a member of Edgewood’s Investment Committee. Prior to joining Edgewood, Peter was at W.P. Stewart & Co. for 16 years where he was a senior member of the US equity research and money management teams and was responsible for approximately 10% of the Firm's total assets. He was also President and Portfolio Manager of the W.P. Stewart Growth Fund, a ‘40 Act mutual fund. While under Peter's management, the Fund achieved a Morningstar five star rating. Peter began his career as a specialist clerk on the floor of the New York Stock Exchange and later became a Research Coordinator at Shearson Lehman Brothers, Inc. While at Shearson, he managed discretionary accounts for individuals with a focus on quality growth shares. He was educated at Babson College and Columbia University. He serves on the Advisory Board of The Johns Hopkins Department of Neurosurgery.

Alan Breed


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Alan joined Edgewood Management in 1994 as a Partner and a member of the Investment Committee from First Boston Corporation where he was a vice-president in the institutional equity department and a member of the firm's stock selection committee. In addition to his years at First Boston, Alan worked at Brown Brothers Harriman & Co. where he completed its equity research training program and joined the equity department. Alan graduated cum laude from Northwestern University's Kellogg School of Management with an MBA where he was on the dean’s list. He graduated from Emory University with a BA in economics. Alan serves as a trustee emeritus at the University of Richmond and past chair of the Investment Committee. He is a former member of the board of the Stoney Wold Herbert fund where he acted as Investment Chair and a past member of the Board of the Greenwich Retirement System, and until the end of 2018 a board member of Greenwich Hospital where he also chaired the Investment Committee.

Nicholas Stephens


Start Date

Tenure

Tenure Rank

Feb 28, 2006

14.85

14.9%

Nick joined Edgewood Management in 1984 as an analyst after three years at Coopers & Lybrand as a management consultant. He became a Managing Director in 1986, was given portfolio management responsibilities in 1987, and was promoted to Partner in 1993. He is a member of Edgewood’s Investment Committee.  Nick graduated from Bennington College in 1977 with a BA in Literature and from Columbia University Graduate School of Business in 1981 with an MBA in Finance. Nick is the Chairman of the Board of Trustees. He is a long-time member of the board of the Greater New York Cystic Fibrosis Foundation and is currently its Chairman.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 53.03 7.61 1.0