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William Blair Large Cap Growth Fund
mutual fund
LCGJX
Payout Change
Suspended
Price as of:
$30.61
+0.0
+0.0%
primary theme
U.S. Large-Cap Growth Equity
share class
LCGJX (Mutual Fund)
William Blair Large Cap Growth Fund
Payout Change
Suspended
Price as of:
$30.61
+0.0
+0.0%
primary theme
U.S. Large-Cap Growth Equity
share class
LCGJX (Mutual Fund)
William Blair Large Cap Growth Fund
Payout Change
Suspended
Price as of:
$30.61
+0.0
+0.0%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 10/10/2024Price
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
24.2%
1 yr return
38.1%
3 Yr Avg Return
8.9%
5 Yr Avg Return
17.5%
Net Assets
$2.25 B
Holdings in Top 10
63.4%
52 WEEK LOW AND HIGH
$30.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/10/2024Price
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
LCGJX - Profile
Distributions
- YTD Total Return 24.2%
- 3 Yr Annualized Total Return 8.9%
- 5 Yr Annualized Total Return 17.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWilliam Blair Large Cap Growth Fund
-
Fund Family NameWilliam Blair
-
Inception DateMay 02, 2019
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Golan
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in stocks of large capitalized (“large cap”) companies. The Fund invests primarily in a portfolio of equity securities, including common stocks and other forms of equity investments (e.g., securities convertible into common stocks), of large cap U.S. growth companies that are expected to exhibit quality growth characteristics. For purposes of the Fund, the Adviser considers a company to be a large cap company if it has a market capitalization no smaller than the smallest capitalized company included in the Russell 1000® Index at the time of the Fund’s investment. Securities of companies whose market capitalizations no longer meet this definition after purchase may continue to be held in the Fund. To a limited extent, the Fund may also purchase stocks of companies with business characteristics and growth prospects similar to large cap companies, but that may have market capitalizations below the market capitalization of the smallest member of the Russell 1000® Index.
Read More
The Russell 1000® Index is a widely recognized, unmanaged index that measures the performance of the 1,000 largest U.S. companies. The companies in the Russell 1000® Index are considered representative of large cap companies. The size of companies in the Russell 1000® Index may change with market conditions. In addition, changes to the composition of the Russell 1000® Index can change the market capitalization range of the companies included in the index. As of March 31, 2024, the Russell 1000® Index included securities issued by companies that ranged in size between $351.9 million and $3.1 trillion. The Russell 1000® Growth Index, the Fund’s performance benchmark, measures the performance of those Russell 1000 companies with a greater-than-average growth orientation.
In choosing investments, the Adviser performs fundamental company analysis and focuses on stock selection. The Adviser evaluates the extent to which a company meets the quality growth criteria set forth below. All of the criteria are evaluated relative to the valuation of the security. The weight given to a particular investment criterion will depend upon the circumstances, and Fund holdings may not meet all of the following criteria: (a) the company should be, or should have the expectation of becoming, a significant provider in the primary markets it serves, (b) the company should have some distinctive attribute relative to present or potential competitors (for example, this may take the form of proprietary products or processes, a unique distribution system, an entrenched brand name or an especially strong financial position relative to its competition), (c) the company should participate in an industry expected to grow rapidly due to economic factors or technological change or should grow through market share gains in its industry and (d) the company should have a strong management team.
THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED, AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
LCGJX - Performance
Return Ranking - Trailing
| Period | LCGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.2% | -0.5% | 42.4% | 49.91% |
| 1 Yr | 38.1% | 6.3% | 59.1% | 42.00% |
| 3 Yr | 8.9%* | -28.2% | 25.2% | 41.86% |
| 5 Yr | 17.5%* | -13.0% | 30.2% | 32.17% |
| 10 Yr | N/A* | -4.4% | 19.7% | 6.52% |
* Annualized
Return Ranking - Calendar
| Period | LCGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.6% | -74.1% | 72.4% | 24.77% |
| 2022 | -33.0% | -85.9% | 4.7% | 42.65% |
| 2021 | 23.0% | -52.4% | 60.5% | 9.00% |
| 2020 | 31.5% | -34.3% | 145.0% | 32.02% |
| 2019 | N/A | -6.9% | 49.4% | N/A |
Total Return Ranking - Trailing
| Period | LCGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.2% | -0.5% | 42.4% | 49.91% |
| 1 Yr | 38.1% | 6.3% | 59.1% | 42.00% |
| 3 Yr | 8.9%* | -28.2% | 25.2% | 41.86% |
| 5 Yr | 17.5%* | -13.0% | 30.2% | 32.17% |
| 10 Yr | N/A* | -4.4% | 19.7% | 6.42% |
* Annualized
Total Return Ranking - Calendar
| Period | LCGJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.6% | -4.6% | 72.4% | 37.07% |
| 2022 | -32.4% | -61.7% | 5.6% | 64.80% |
| 2021 | 28.4% | -39.8% | 118.1% | 11.87% |
| 2020 | 36.7% | 2.8% | 149.2% | 42.60% |
| 2019 | N/A | -5.2% | 49.4% | N/A |
NAV & Total Return History
LCGJX - Holdings
Concentration Analysis
| LCGJX | Category Low | Category High | LCGJX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.25 B | 292 K | 287 B | 42.06% |
| Number of Holdings | 32 | 2 | 3143 | 87.97% |
| Net Assets in Top 10 | 1.52 B | 109 K | 151 B | 39.05% |
| Weighting of Top 10 | 63.39% | 0.7% | 205.0% | 10.17% |
Top 10 Holdings
- Microsoft Corp 13.89%
- NVIDIA Corp 10.72%
- Alphabet Inc 9.70%
- Amazon.com Inc 8.72%
- Apple Inc 6.30%
- Mastercard Inc 4.15%
- Intuit Inc 2.60%
- ServiceNow Inc 2.51%
- Lam Research Corp 2.41%
- UnitedHealth Group Inc 2.40%
Asset Allocation
| Weighting | Return Low | Return High | LCGJX % Rank | |
|---|---|---|---|---|
| Stocks | 98.19% | 0.00% | 115.30% | 64.18% |
| Other | 1.82% | -31.50% | 50.35% | 4.31% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 42.37% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 34.35% |
| Cash | 0.00% | 0.00% | 173.52% | 96.14% |
| Bonds | 0.00% | 0.00% | 103.97% | 36.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LCGJX % Rank | |
|---|---|---|---|---|
| Technology | 34.56% | 0.00% | 65.70% | 55.49% |
| Consumer Cyclical | 19.56% | 0.00% | 62.57% | 20.68% |
| Communication Services | 12.84% | 0.00% | 66.40% | 23.38% |
| Healthcare | 10.82% | 0.00% | 39.76% | 66.64% |
| Financial Services | 10.29% | 0.00% | 43.06% | 39.57% |
| Consumer Defense | 6.56% | 0.00% | 25.50% | 13.94% |
| Industrials | 2.21% | 0.00% | 30.65% | 86.69% |
| Basic Materials | 1.96% | 0.00% | 18.91% | 34.35% |
| Real Estate | 1.20% | 0.00% | 16.05% | 47.93% |
| Utilities | 0.00% | 0.00% | 16.07% | 51.80% |
| Energy | 0.00% | 0.00% | 41.09% | 68.26% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LCGJX % Rank | |
|---|---|---|---|---|
| US | 98.19% | 0.00% | 115.30% | 51.44% |
| Non US | 0.00% | 0.00% | 75.51% | 54.49% |
LCGJX - Expenses
Operational Fees
| LCGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.01% | 28.71% | 78.29% |
| Management Fee | 0.60% | 0.00% | 1.50% | 46.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| LCGJX 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
| LCGJX 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.
| LCGJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.00% | 316.74% | 37.23% |
LCGJX - Distributions
Dividend Yield Analysis
| LCGJX | Category Low | Category High | LCGJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 61.90% |
Dividend Distribution Analysis
| LCGJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annual | Annual | Annual |
Net Income Ratio Analysis
| LCGJX | Category Low | Category High | LCGJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.01% | -6.13% | 3.48% | 25.87% |
Capital Gain Distribution Analysis
| LCGJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2022 | $0.154 | OrdinaryDividend |
| Dec 16, 2021 | $1.125 | OrdinaryDividend |
| Dec 17, 2020 | $0.825 | OrdinaryDividend |
| Dec 12, 2019 | $0.061 | OrdinaryDividend |
| Dec 12, 2019 | $0.930 | CapitalGainLongTerm |
LCGJX - Fund Manager Analysis
Managers
James Golan
Start Date
Tenure
Tenure Rank
May 01, 2005
17.09
17.1%
Jim Golan, CFA, partner, is a portfolio manager on William Blair’s Large Cap Growth strategy and a research analyst covering U.S. large-cap technology stocks. From 2000 until 2005, when he assumed his current role, Jim was a research analyst focusing on financial, technology, industrial, and resource stocks. Before joining William Blair in 2000, he worked at Citigroup Global Asset Management, where he was a global research team leader for the telecommunications sector and a key member of the team that devised valuation metrics for standardizing the analysis of U.S. and international companies. Jim began his career at Kemper Financial as a research analyst covering telecommunications, technology, energy, industrial, food, and beverage companies. He is a member of the CFA Institute and the CFA Society Chicago. Jim received a B.A. in economics from DePauw University and an M.B.A. in finance from Northwestern University’s Kellogg Graduate School of Management.
David Ricci
Start Date
Tenure
Tenure Rank
Dec 30, 2011
10.42
10.4%
David Ricci, CFA, partner, is a portfolio manager on William Blair’s Large Cap Growth strategy, which he joined in 2011. From 2005 to 2018, he was also a portfolio manager on the Mid Cap Growth strategy. Previously, he was the group head for the consumer sector, focusing on specialty retail and e-commerce companies, in William Blair’s sell-side research group. Before joining William Blair in 1994, David gained extensive experience at Procter & Gamble, Melville, and Bain & Company. He is a member of the CFA Institute and the CFA Society Chicago. David received a Sc.B., magna cum laude, from Brown University and an M.B.A. from Harvard Business School.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.24 | 3.08 |
