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Congress Large Cap Growth Fund
mutual fund
CAMLX
Payout Change
Pending
Price as of:
$50.7
+0.33
+0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
CAMLX (Mutual Fund)
Congress Large Cap Growth Fund
Payout Change
Pending
Price as of:
$50.7
+0.33
+0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
CAMLX (Mutual Fund)
Congress Large Cap Growth Fund
Payout Change
Pending
Price as of:
$50.7
+0.33
+0.66%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 11/29/2024Price
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
24.7%
1 yr return
28.3%
3 Yr Avg Return
8.8%
5 Yr Avg Return
15.9%
Net Assets
$545 M
Holdings in Top 10
46.7%
52 WEEK LOW AND HIGH
$50.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/29/2024Price
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
CAMLX - Profile
Distributions
- YTD Total Return 24.7%
- 3 Yr Annualized Total Return 8.8%
- 5 Yr Annualized Total Return 15.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.07%
- Dividend Yield 0.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameCongress Large Cap Growth Fund
-
Fund Family NameCongress
-
Inception DateMar 31, 2009
-
Shares Outstanding84990
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lagan
Fund Description
The Large Cap Fund attempts to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large‑capitalization companies. The Large Cap Fund defines large-capitalization companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 1000® Growth Index. As of the last reconstitution date, June 26, 2023, the market capitalization of companies in the Russell 1000® Growth Index ranged from $504 million to $2,913 billion. The Large Cap Fund may also invest up to 20% of its net assets from time to time in equity securities of small-capitalization and mid‑capitalization companies. Equity securities in which the Fund may invest include common stock and preferred stock. The Large Cap Fund may also invest up to 20% of its total assets 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. Congress Asset Management Company, LLP (the “Advisor”) employs a “bottom‑up”
approach to stock selection, which means that the Advisor chooses the Fund’s investments based on a company’s future prospects and not on any significant economic or market cycle. The Advisor also uses a growth‑style approach to selecting securities with a focus on high quality companies. The Advisor’s fundamental approach emphasizes growth of earnings and free cash flow. The Advisor may sell a security for a number of reasons including, but not limited to, if it determines that the security no longer meets its investment criteria or if a new security is judged more attractive than a current holding. The Large Cap Fund may, from time to time, have significant exposure to one or more sectors of the market. As of October 31, 2023, 36.5% of the Fund’s net assets were invested in securities within the information technology sector.
CAMLX - Performance
Return Ranking - Trailing
| Period | CAMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.7% | 1.9% | 53.3% | 75.09% |
| 1 Yr | 28.3% | 4.7% | 71.4% | 84.45% |
| 3 Yr | 8.8%* | -22.4% | 26.5% | 33.43% |
| 5 Yr | 15.9%* | -13.3% | 30.0% | 51.07% |
| 10 Yr | 14.0%* | -4.8% | 20.4% | 41.86% |
* Annualized
Return Ranking - Calendar
| Period | CAMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 27.7% | -74.1% | 72.4% | 64.05% |
| 2022 | -27.7% | -85.9% | 4.7% | 20.39% |
| 2021 | 13.7% | -52.4% | 60.5% | 32.27% |
| 2020 | 21.0% | -34.3% | 145.0% | 69.84% |
| 2019 | 24.9% | -6.9% | 49.4% | 48.32% |
Total Return Ranking - Trailing
| Period | CAMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.7% | 1.9% | 53.3% | 75.09% |
| 1 Yr | 28.3% | 4.7% | 71.4% | 84.45% |
| 3 Yr | 8.8%* | -22.4% | 26.5% | 33.43% |
| 5 Yr | 15.9%* | -13.3% | 30.0% | 51.07% |
| 10 Yr | 14.0%* | -4.8% | 20.4% | 41.86% |
* Annualized
Total Return Ranking - Calendar
| Period | CAMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 32.0% | -4.6% | 72.4% | 69.71% |
| 2022 | -25.0% | -61.7% | 5.6% | 22.24% |
| 2021 | 25.5% | -39.8% | 118.1% | 25.35% |
| 2020 | 31.4% | 2.8% | 149.2% | 64.31% |
| 2019 | 34.6% | -5.2% | 49.4% | 37.21% |
NAV & Total Return History
CAMLX - Holdings
Concentration Analysis
| CAMLX | Category Low | Category High | CAMLX % Rank | |
|---|---|---|---|---|
| Net Assets | 545 M | 296 K | 287 B | 67.45% |
| Number of Holdings | 43 | 2 | 3061 | 72.96% |
| Net Assets in Top 10 | 248 M | 126 K | 150 B | 68.33% |
| Weighting of Top 10 | 46.70% | 0.7% | 205.0% | 72.16% |
Top 10 Holdings
- Apple Inc 7.24%
- Microsoft Corp 6.82%
- Amazon.com Inc 5.47%
- NVIDIA Corp 5.29%
- Costco Wholesale Corp 4.16%
- Alphabet Inc 4.00%
- Visa Inc 3.70%
- Eli Lilly Co 3.66%
- Intuit Inc 3.22%
- Home Depot Inc/The 3.15%
Asset Allocation
| Weighting | Return Low | Return High | CAMLX % Rank | |
|---|---|---|---|---|
| Stocks | 98.45% | 0.00% | 123.52% | 62.43% |
| Cash | 1.68% | 0.00% | 173.52% | 31.76% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 60.53% |
| Other | 0.00% | -36.56% | 50.35% | 63.43% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 54.36% |
| Bonds | 0.00% | 0.00% | 102.71% | 55.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CAMLX % Rank | |
|---|---|---|---|---|
| Technology | 32.62% | 0.00% | 65.70% | 63.64% |
| Consumer Cyclical | 13.57% | 0.00% | 62.57% | 64.00% |
| Healthcare | 11.67% | 0.00% | 39.76% | 59.73% |
| Financial Services | 11.26% | 0.00% | 43.06% | 31.00% |
| Industrials | 9.53% | 0.00% | 30.65% | 14.45% |
| Consumer Defense | 7.67% | 0.00% | 25.50% | 9.91% |
| Communication Services | 5.00% | 0.00% | 66.40% | 88.91% |
| Basic Materials | 4.43% | 0.00% | 18.91% | 10.45% |
| Energy | 4.25% | 0.00% | 41.09% | 13.00% |
| Utilities | 0.00% | 0.00% | 16.07% | 67.91% |
| Real Estate | 0.00% | 0.00% | 16.05% | 84.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CAMLX % Rank | |
|---|---|---|---|---|
| US | 98.45% | 0.00% | 123.52% | 49.27% |
| Non US | 0.00% | 0.00% | 75.46% | 68.69% |
CAMLX - Expenses
Operational Fees
| CAMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.94% | 0.01% | 28.71% | 50.64% |
| Management Fee | 0.50% | 0.00% | 1.50% | 30.90% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 43.92% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| CAMLX 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% | 5.00% | N/A |
Trading Fees
| CAMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 75.00% |
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.
| CAMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 0.00% | 316.74% | 24.36% |
CAMLX - Distributions
Dividend Yield Analysis
| CAMLX | Category Low | Category High | CAMLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.07% | 0.00% | 27.58% | 15.17% |
Dividend Distribution Analysis
| CAMLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| CAMLX | Category Low | Category High | CAMLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.07% | -6.13% | 3.48% | 31.08% |
Capital Gain Distribution Analysis
| CAMLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.035 | OrdinaryDividend |
| Dec 13, 2023 | $0.049 | OrdinaryDividend |
| Dec 13, 2023 | $1.271 | CapitalGainLongTerm |
| Dec 14, 2022 | $1.243 | OrdinaryDividend |
| Dec 14, 2021 | $4.495 | CapitalGainLongTerm |
| Dec 09, 2020 | $3.210 | OrdinaryDividend |
| Dec 11, 2019 | $0.078 | OrdinaryDividend |
| Dec 11, 2019 | $2.324 | CapitalGainLongTerm |
| Dec 12, 2018 | $1.470 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.142 | OrdinaryDividend |
| Dec 13, 2017 | $0.030 | OrdinaryDividend |
| Oct 31, 2017 | $0.138 | CapitalGainShortTerm |
| Oct 31, 2017 | $0.236 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.083 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.115 | OrdinaryDividend |
| Dec 16, 2015 | $0.001 | CapitalGainShortTerm |
| Dec 16, 2015 | $0.570 | CapitalGainLongTerm |
| Dec 16, 2015 | $0.083 | OrdinaryDividend |
| Dec 30, 2014 | $0.364 | CapitalGainShortTerm |
| Dec 30, 2014 | $1.045 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.030 | OrdinaryDividend |
| Dec 30, 2013 | $0.318 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.045 | OrdinaryDividend |
| Dec 28, 2012 | $0.077 | OrdinaryDividend |
| Dec 29, 2011 | $0.079 | OrdinaryDividend |
| Dec 31, 2010 | $0.069 | OrdinaryDividend |
| Dec 30, 2009 | $0.026 | OrdinaryDividend |
CAMLX - Fund Manager Analysis
Managers
Daniel Lagan
Start Date
Tenure
Tenure Rank
Mar 31, 2009
13.18
13.2%
Daniel Lagan is a Chartered Financial Analyst charter holder. Since July 1999, Mr. Lagan has served as President of, and as a Portfolio Manager for Congress Asset Management Company, LLP. From August 1989 to June 1999, Mr. Lagan served as Executive Vice President and Portfolio Manager for Congress Asset Management Company, LLP. Prior to joining Congress Asset Management Company, LLP in 1989, Mr. Lagan served as an auditor for PricewaterhouseCoopers. Mr. Lagan holds a Bachelor of Arts degree in Accounting from St. Michael’s College and a Masters of Business Administration degree in Finance from Boston College.
Matthew Lagan
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Mr. Lagan is a Chartered Financial Analyst charter holder. Since March 2014, Mr. Lagan has served as Vice President, Senior Research Analyst and Portfolio Manager for Congress Asset Management Company, LLP. Prior to joining Congress Asset Management Company, LLP in January of 2003, Mr. Lagan worked for several technology companies including GiantLoop Network, NetGenesis, and Ambit Technology. Mr. Lagan holds a Bachelor of Science degree in Aviation Science from Bridgewater State and a Masters of Business Administration degree from the Michael Smurfit Graduate Business School at the University of Dublin.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
