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The Growth Fund
mutual fund
CFGRX
Payout Change
Pending
Price as of:
$52.29
+0.01
+0.02%
primary theme
U.S. Large-Cap Growth Equity
share class
CFGRX (Mutual Fund)
The Growth Fund
Payout Change
Pending
Price as of:
$52.29
+0.01
+0.02%
primary theme
U.S. Large-Cap Growth Equity
share class
CFGRX (Mutual Fund)
The Growth Fund
Payout Change
Pending
Price as of:
$52.29
+0.01
+0.02%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 10/03/2024Price
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
21.5%
1 yr return
37.5%
3 Yr Avg Return
11.2%
5 Yr Avg Return
16.5%
Net Assets
$206 M
Holdings in Top 10
54.7%
52 WEEK LOW AND HIGH
$52.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.72%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 39.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/03/2024Price
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
CFGRX - Profile
Distributions
- YTD Total Return 21.5%
- 3 Yr Annualized Total Return 11.2%
- 5 Yr Annualized Total Return 16.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.14%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameThe Growth Fund
-
Fund Family NameCommerce
-
Inception DateJan 09, 1995
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Williams
Fund Description
| • | Under normal market conditions, the Fund invests at least 65% of its total assets in stocks, primarily common stock. |
| • | Using a predominantly quantitative analysis, with some additional fundamental analysis depending on market conditions, the Fund invests principally in stocks of companies that had low price volatility in the past. The Fund’s Adviser believes that investing in a portfolio of companies with low price volatility will lead to future capital appreciation. |
| • | The Fund may invest a significant amount of its assets from time to time in technology sectors. |
| • | The Fund generally purchases common stock of companies whose characteristics are comparable to those included in the Russell 1000® Growth Index (“Index”). The equity capitalization range of public companies in the Index was $670 million to $2,994 billion as of December 31, 2023. |
| • | The Fund is classified as non-diversified under the Investment Company Act of 1940, and may invest more of its assets in fewer issuers than “diversified” mutual funds. |
CFGRX - Performance
Return Ranking - Trailing
| Period | CFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.5% | -1.1% | 38.3% | 47.84% |
| 1 Yr | 37.5% | 6.7% | 59.6% | 47.39% |
| 3 Yr | 11.2%* | -28.1% | 24.6% | 13.06% |
| 5 Yr | 16.5%* | -12.7% | 30.1% | 40.12% |
| 10 Yr | 11.4%* | -4.4% | 19.5% | 83.02% |
* Annualized
Return Ranking - Calendar
| Period | CFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.2% | -74.1% | 72.4% | 56.24% |
| 2022 | -31.3% | -85.9% | 4.7% | 33.82% |
| 2021 | 3.7% | -52.4% | 60.5% | 65.40% |
| 2020 | 23.7% | -34.3% | 145.0% | 59.71% |
| 2019 | 27.8% | -6.9% | 49.4% | 33.64% |
Total Return Ranking - Trailing
| Period | CFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.5% | -1.1% | 38.3% | 47.84% |
| 1 Yr | 37.5% | 6.7% | 59.6% | 47.39% |
| 3 Yr | 11.2%* | -28.1% | 24.6% | 13.06% |
| 5 Yr | 16.5%* | -12.7% | 30.1% | 40.12% |
| 10 Yr | 11.4%* | -4.4% | 19.5% | 83.02% |
* Annualized
Total Return Ranking - Calendar
| Period | CFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 36.3% | -4.6% | 72.4% | 55.70% |
| 2022 | -26.9% | -61.7% | 5.6% | 28.86% |
| 2021 | 26.7% | -39.8% | 118.1% | 20.41% |
| 2020 | 28.9% | 2.8% | 149.2% | 74.90% |
| 2019 | 35.5% | -5.2% | 49.4% | 28.99% |
NAV & Total Return History
CFGRX - Holdings
Concentration Analysis
| CFGRX | Category Low | Category High | CFGRX % Rank | |
|---|---|---|---|---|
| Net Assets | 206 M | 292 K | 287 B | 78.30% |
| Number of Holdings | 58 | 2 | 3143 | 55.48% |
| Net Assets in Top 10 | 128 M | 109 K | 151 B | 76.48% |
| Weighting of Top 10 | 54.68% | 0.7% | 205.0% | 45.36% |
Top 10 Holdings
- Apple Inc 11.74%
- Microsoft Corp 10.77%
- NVIDIA Corp 9.57%
- Alphabet Inc 6.24%
- Amazon.com Inc 5.52%
- Meta Platforms Inc 3.24%
- Broadcom Inc 2.12%
- Tesla Inc 2.05%
- Eli Lilly Co 2.04%
- Visa Inc 1.39%
Asset Allocation
| Weighting | Return Low | Return High | CFGRX % Rank | |
|---|---|---|---|---|
| Stocks | 100.00% | 0.00% | 115.30% | 4.67% |
| Cash | 0.00% | 0.00% | 173.52% | 91.92% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 100.00% |
| Other | 0.00% | -31.50% | 50.35% | 96.05% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 100.00% |
| Bonds | 0.00% | 0.00% | 103.97% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CFGRX % Rank | |
|---|---|---|---|---|
| Technology | 42.14% | 0.00% | 65.70% | 18.35% |
| Consumer Cyclical | 18.85% | 0.00% | 62.57% | 22.93% |
| Healthcare | 9.70% | 0.00% | 39.76% | 79.23% |
| Communication Services | 9.70% | 0.00% | 66.40% | 60.43% |
| Financial Services | 4.86% | 0.00% | 43.06% | 86.42% |
| Industrials | 4.76% | 0.00% | 30.65% | 63.67% |
| Consumer Defense | 4.01% | 0.00% | 25.50% | 43.79% |
| Basic Materials | 3.50% | 0.00% | 18.91% | 14.03% |
| Real Estate | 2.48% | 0.00% | 16.05% | 21.85% |
| Utilities | 0.00% | 0.00% | 16.07% | 100.00% |
| Energy | 0.00% | 0.00% | 41.09% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CFGRX % Rank | |
|---|---|---|---|---|
| US | 100.00% | 0.00% | 115.30% | 3.86% |
| Non US | 0.00% | 0.00% | 75.51% | 100.00% |
CFGRX - Expenses
Operational Fees
| CFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.01% | 28.71% | 72.16% |
| Management Fee | 0.40% | 0.00% | 1.50% | 15.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 1.02% | 81.32% |
Sales Fees
| CFGRX 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
| CFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.75% | 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.
| CFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 39.00% | 0.00% | 316.74% | 57.48% |
CFGRX - Distributions
Dividend Yield Analysis
| CFGRX | Category Low | Category High | CFGRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.23% | 0.00% | 27.58% | 35.76% |
Dividend Distribution Analysis
| CFGRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| CFGRX | Category Low | Category High | CFGRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.14% | -6.13% | 3.48% | 19.36% |
Capital Gain Distribution Analysis
| CFGRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.120 | OrdinaryDividend |
| Dec 07, 2023 | $1.829 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.082 | OrdinaryDividend |
| Dec 07, 2022 | $2.286 | CapitalGainLongTerm |
| Dec 27, 2021 | $0.073 | OrdinaryDividend |
| Dec 03, 2021 | $10.122 | OrdinaryDividend |
| Dec 28, 2020 | $0.153 | OrdinaryDividend |
| Dec 04, 2020 | $1.743 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.198 | OrdinaryDividend |
| Dec 06, 2019 | $0.001 | CapitalGainShortTerm |
| Dec 06, 2019 | $2.015 | CapitalGainLongTerm |
| Dec 26, 2018 | $0.224 | OrdinaryDividend |
| Dec 07, 2018 | $0.584 | CapitalGainShortTerm |
| Dec 07, 2018 | $2.272 | CapitalGainLongTerm |
| Dec 22, 2017 | $0.232 | OrdinaryDividend |
| Dec 08, 2017 | $0.246 | CapitalGainShortTerm |
| Dec 08, 2017 | $1.391 | CapitalGainLongTerm |
| Dec 23, 2016 | $0.244 | OrdinaryDividend |
| Dec 02, 2016 | $0.077 | CapitalGainShortTerm |
| Dec 02, 2016 | $1.312 | CapitalGainLongTerm |
| Dec 30, 2015 | $0.208 | OrdinaryDividend |
| Dec 30, 2014 | $0.249 | OrdinaryDividend |
| Dec 26, 2012 | $0.189 | OrdinaryDividend |
| Dec 07, 2012 | $1.039 | CapitalGainLongTerm |
| Dec 23, 2011 | $0.115 | OrdinaryDividend |
| Dec 27, 2010 | $0.123 | OrdinaryDividend |
| Dec 30, 2009 | $0.109 | OrdinaryDividend |
| Dec 29, 2008 | $0.053 | OrdinaryDividend |
| Dec 26, 2007 | $0.040 | OrdinaryDividend |
| Dec 04, 2007 | $0.290 | CapitalGainLongTerm |
| Dec 26, 2006 | $0.035 | OrdinaryDividend |
| Dec 27, 2005 | $0.119 | OrdinaryDividend |
| Dec 30, 2004 | $0.035 | OrdinaryDividend |
| Dec 28, 2000 | $7.273 | OrdinaryDividend |
| Dec 18, 1998 | $0.012 | OrdinaryDividend |
| Dec 11, 1998 | $0.292 | CapitalGainShortTerm |
| Dec 11, 1998 | $5.177 | CapitalGainLongTerm |
| Sep 24, 1998 | $0.008 | OrdinaryDividend |
| Jun 24, 1998 | $0.009 | OrdinaryDividend |
| Mar 25, 1998 | $0.018 | OrdinaryDividend |
| Jun 26, 1995 | $0.041 | OrdinaryDividend |
| Mar 27, 1995 | $0.053 | OrdinaryDividend |
CFGRX - Fund Manager Analysis
Managers
Joseph Williams
Start Date
Tenure
Tenure Rank
Dec 12, 1994
27.48
27.5%
Joseph C. Williams is the Senior Vice President and Portfolio Manager at Commerce Investment Advisors, Inc. Additionally, he serves on the Investment Policy Committee and the Equity Strategy Committee. Joe is the co-manager of the Commerce Growth and Mid-Cap Growth strategy. He received his bachelor of science degree from Drake University and is a member of both the Kansas City Society of Financial Analysts and the CFA Institute. He holds the Chartered Financial Analyst® designation.
Nong Lin
Start Date
Tenure
Tenure Rank
Mar 01, 2012
10.25
10.3%
Nong Lin, Ph.D, CFA, Vice President, Joined Commerce Investment Advisors, Inc. in 2001 and serve as Fund manager since 2012.
Matthew Schmitt
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
Schmitt is a vice president and portfolio manager with Commerce Investment Advisors, his employer since 2002 and serve as Fund manager since 2004. Previously, he has been a portfolio manager for Wells Fargo from 1997 to 2002. Schmitt holds the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.24 | 2.92 |
