IMIDX: Congress Mid Cap Growth Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Congress Mid Cap Growth Institutional

IMIDX - Snapshot

Vitals

  • YTD Return 20.7%
  • 3 Yr Annualized Return 13.0%
  • 5 Yr Annualized Return 13.1%
  • Net Assets $1.27 B
  • Holdings in Top 10 30.8%

52 WEEK LOW AND HIGH

$26.73
$15.26
$26.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.83%

SALES FEES

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

BROKERAGE FEES

  • Turnover 26.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500,000
  • IRA $500,000

Fund Classification


Compare IMIDX to Popular U.S. Mid-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$87.64

+0.23%

$34.01 B

-

$0.00

47.62%

0.76%

$111.15

-0.16%

$33.25 B

-

$0.00

16.59%

0.74%

$159.33

-0.13%

$19.75 B

0.10%

$0.15

12.37%

0.81%

$32.81

-0.73%

$18.81 B

-

$0.00

11.83%

$197.03

-0.06%

$17.40 B

0.53%

$1.05

24.09%

0.07%

IMIDX - Profile

Distributions

  • YTD Total Return 20.7%
  • 3 Yr Annualized Total Return 13.0%
  • 5 Yr Annualized Total Return 13.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.13%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Congress Mid Cap Growth Fund
  • Fund Family Name
    Congress
  • Inception Date
    Oct 31, 2012
  • Shares Outstanding
    50189816
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Solomon

Fund Description

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of mid-capitalization companies. It invests primarily in publicly traded stocks of U.S. companies which the Advisor considers to have a mid-size market capitalization. The adviser defines mid-capitalization companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell Midcap Growth® Index.


IMIDX - Performance

Return Ranking - Trailing

Period IMIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -71.6% 2289.2% 67.71%
1 Yr 19.2% -14.4% 114.6% 58.33%
3 Yr 13.0%* -3.5% 47.4% 63.76%
5 Yr 13.1%* -1.0% 37.5% 56.81%
10 Yr N/A* 4.3% 20.6% N/A

* Annualized

Return Ranking - Calendar

Period IMIDX Return Category Return Low Category Return High Rank in Category (%)
2019 27.4% -50.2% 44.9% 41.60%
2018 -7.6% -70.5% 9.2% 18.26%
2017 15.9% -21.1% 84.9% 52.27%
2016 12.1% -61.7% 39.8% 5.76%
2015 -0.7% -54.0% 12.2% 18.36%

Total Return Ranking - Trailing

Period IMIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -71.6% 2289.2% 67.71%
1 Yr 19.2% -18.9% 114.6% 55.32%
3 Yr 13.0%* -4.7% 47.4% 62.22%
5 Yr 13.1%* -1.0% 37.5% 55.38%
10 Yr N/A* 4.3% 20.6% N/A

* Annualized

Total Return Ranking - Calendar

Period IMIDX Return Category Return Low Category Return High Rank in Category (%)
2019 27.4% -50.2% 44.9% 41.60%
2018 -5.0% -51.7% 12.2% 21.81%
2017 15.9% -7.0% 84.9% 83.52%
2016 13.4% -61.7% 39.8% 5.56%
2015 0.1% -54.0% 12.2% 36.93%

NAV & Total Return History


IMIDX - Holdings

Concentration Analysis

IMIDX Category Low Category High IMIDX % Rank
Net Assets 1.27 B 919 K 34 B 44.19%
Number of Holdings 42 13 2566 89.97%
Net Assets in Top 10 390 M 181 K 7.69 B 39.97%
Weighting of Top 10 30.77% 3.3% 94.2% 27.11%

Top 10 Holdings

  1. Monolithic Power Systems Inc 3.66%
  2. Generac Holdings Inc 3.32%
  3. Charles River Laboratories International Inc 3.14%
  4. Diodes Inc 3.07%
  5. Horizon Therapeutics PLC 3.06%
  6. Horizon Therapeutics PLC 3.06%
  7. Horizon Therapeutics PLC 3.06%
  8. Horizon Therapeutics PLC 3.06%
  9. Horizon Therapeutics PLC 3.06%
  10. Horizon Therapeutics PLC 3.06%

Asset Allocation

Weighting Return Low Return High IMIDX % Rank
Stocks
99.13% 23.73% 139.77% 38.83%
Cash
0.87% -55.75% 39.68% 59.87%
Preferred Stocks
0.00% 0.00% 1.64% 32.85%
Other
0.00% -41.95% 75.09% 37.06%
Convertible Bonds
0.00% 0.00% 1.20% 26.70%
Bonds
0.00% 0.00% 16.44% 28.96%

Stock Sector Breakdown

Weighting Return Low Return High IMIDX % Rank
Technology
32.82% 0.00% 59.48% 33.82%
Healthcare
21.15% 0.00% 39.13% 56.96%
Industrials
19.29% 0.00% 43.94% 8.09%
Consumer Cyclical
10.95% 0.00% 65.22% 73.46%
Consumer Defense
6.49% 0.00% 15.89% 10.03%
Financial Services
4.64% 0.00% 40.21% 56.15%
Communication Services
2.47% 0.00% 22.10% 76.05%
Real Estate
2.19% 0.00% 14.36% 57.61%
Utilities
0.00% 0.00% 5.37% 45.63%
Energy
0.00% 0.00% 60.50% 55.02%
Basic Materials
0.00% 0.00% 17.56% 78.16%

Stock Geographic Breakdown

Weighting Return Low Return High IMIDX % Rank
US
99.13% 23.51% 139.77% 5.18%
Non US
0.00% 0.00% 31.43% 94.34%

IMIDX - Expenses

Operational Fees

IMIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.83% 0.05% 27.43% 78.27%
Management Fee 0.60% 0.00% 1.50% 15.83%
12b-1 Fee N/A 0.00% 1.00% 8.22%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

IMIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

IMIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 2.00% 79.31%

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.

IMIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 1.00% 457.00% 25.95%

IMIDX - Distributions

Dividend Yield Analysis

IMIDX Category Low Category High IMIDX % Rank
Dividend Yield 0.00% 0.00% 33.16% 31.13%

Dividend Distribution Analysis

IMIDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

IMIDX Category Low Category High IMIDX % Rank
Net Income Ratio -0.13% -2.48% 1.52% 34.70%

Capital Gain Distribution Analysis

IMIDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

IMIDX - Fund Manager Analysis

Managers

Todd Solomon


Start Date

Tenure

Tenure Rank

Oct 31, 2012

8.01

8.0%

Mr. Todd Solomon is a Chartered Financial Analyst charter holder. Since April 2001, Mr. Solomon has served as Senior Vice President and as a Portfolio Manager for Congress Asset Management Company, LLP. From May 2003 to June 2009, Mr. Solomon was Vice President and Trust Officer of Congress Trust National Association. Mr. Solomon holds a dual Bachelor of Arts/Bachelor of Science degree in Management from Georgetown University and a Masters of Business Administration degree with specializations in Finance and Economics from New York University.

Gregg O’Keefe


Start Date

Tenure

Tenure Rank

Mar 31, 2014

6.59

6.6%

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
0.06 34.72 8.21 0.67