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Sparrow Growth Fund
mutual fund
SGNFX
Payout Change
Suspended
Price as of:
$39.96
-1.22
-2.96%
primary theme
U.S. Mid-Cap Growth Equity
share class
SGNFX (Mutual Fund)
Sparrow Growth Fund
Payout Change
Suspended
Price as of:
$39.96
-1.22
-2.96%
primary theme
U.S. Mid-Cap Growth Equity
share class
SGNFX (Mutual Fund)
Sparrow Growth Fund
Payout Change
Suspended
Price as of:
$39.96
-1.22
-2.96%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 07/24/2024Price
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
16.6%
1 yr return
22.0%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
12.5%
Net Assets
$48.7 M
Holdings in Top 10
52.2%
52 WEEK LOW AND HIGH
$41.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.86%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
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
SGNFX - Profile
Distributions
- YTD Total Return 16.6%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return 12.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSparrow Growth Fund
-
Fund Family NameSparrow
-
Inception DateJun 26, 2007
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGerald Sparrow
Fund Description
The Fund typically invests in a broad range of U.S. common stocks which Sparrow Capital Management, Inc., the Fund’s adviser, believes have above-average prospects for appreciation based on a proprietary investment model developed by the adviser. The model looks at a variety of factors to select stocks that the adviser believes demonstrate strong earnings momentum. These growth momentum factors include expanding profit margins, accelerating earnings, positive earnings surprises, positive earnings estimate revisions, and positive relative price strength. At times, the Fund may focus its investments in the healthcare and/or technology sector.
The Fund may invest in stocks of all market capitalization ranges based on the adviser’s assessment of the relative opportunities and risks of each category. Stocks are sold when there is a significant decline in earnings momentum, a better stock is found, or a significant breakdown in relative price performance occurs.
SGNFX - Performance
Return Ranking - Trailing
| Period | SGNFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | -9.6% | 41.1% | 3.60% |
| 1 Yr | 22.0% | -6.7% | 55.0% | 3.42% |
| 3 Yr | -1.1%* | -26.7% | 55.6% | 28.43% |
| 5 Yr | 12.5%* | -4.9% | 99.2% | 5.76% |
| 10 Yr | 12.8%* | -0.2% | 24.9% | 7.03% |
* Annualized
Return Ranking - Calendar
| Period | SGNFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.6% | -27.7% | 68.0% | 58.56% |
| 2022 | -35.2% | -85.6% | 52.8% | 74.57% |
| 2021 | -10.6% | -74.9% | 238.3% | 76.57% |
| 2020 | 97.5% | -44.1% | 2474.5% | 4.28% |
| 2019 | 25.9% | -50.2% | 44.0% | 49.58% |
Total Return Ranking - Trailing
| Period | SGNFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | -9.6% | 41.1% | 3.60% |
| 1 Yr | 22.0% | -6.7% | 55.0% | 3.42% |
| 3 Yr | -1.1%* | -26.7% | 55.6% | 28.43% |
| 5 Yr | 12.5%* | -4.9% | 99.2% | 5.76% |
| 10 Yr | 12.8%* | -0.2% | 24.9% | 7.03% |
* Annualized
Total Return Ranking - Calendar
| Period | SGNFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.6% | -26.1% | 68.0% | 71.29% |
| 2022 | -22.8% | -67.0% | 56.8% | 19.12% |
| 2021 | -10.6% | -23.5% | 342.2% | 96.26% |
| 2020 | 98.8% | 2.6% | 2549.1% | 4.28% |
| 2019 | 27.6% | 14.6% | 44.8% | 91.18% |
NAV & Total Return History
SGNFX - Holdings
Concentration Analysis
| SGNFX | Category Low | Category High | SGNFX % Rank | |
|---|---|---|---|---|
| Net Assets | 48.7 M | 2.73 M | 100 B | 93.94% |
| Number of Holdings | 99 | 25 | 3620 | 25.38% |
| Net Assets in Top 10 | 26.1 M | 825 K | 10.5 B | 90.15% |
| Weighting of Top 10 | 52.20% | 4.9% | 98.2% | 10.80% |
Top 10 Holdings
- Alphabet, Inc. Class A 6.79%
- NVIDIA Corp. 6.40%
- Microsoft Corp. 6.28%
- Amazon.com, Inc. 5.47%
- Meta Platforms, Inc. Class A 5.16%
- Walmart, Inc. 4.83%
- American Express Co. 4.71%
- Netflix, Inc. 4.46%
- Apple, Inc. 4.10%
- Visa, Inc. Class A 4.00%
Asset Allocation
| Weighting | Return Low | Return High | SGNFX % Rank | |
|---|---|---|---|---|
| Stocks | 99.67% | 58.72% | 100.12% | 15.15% |
| Cash | 0.34% | 0.00% | 38.96% | 78.41% |
| Preferred Stocks | 0.00% | 0.00% | 5.36% | 84.85% |
| Other | 0.00% | -0.05% | 14.15% | 85.42% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 84.09% |
| Bonds | 0.00% | -3.09% | 3.50% | 83.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SGNFX % Rank | |
|---|---|---|---|---|
| Financial Services | 25.26% | 0.00% | 43.01% | 3.60% |
| Technology | 22.90% | 0.04% | 62.17% | 81.06% |
| Healthcare | 12.83% | 0.00% | 37.06% | 83.14% |
| Communication Services | 11.74% | 0.00% | 18.33% | 5.30% |
| Consumer Cyclical | 11.74% | 0.00% | 57.41% | 69.51% |
| Consumer Defense | 9.72% | 0.00% | 16.40% | 1.52% |
| Industrials | 3.72% | 0.00% | 38.23% | 92.23% |
| Energy | 2.10% | 0.00% | 62.10% | 42.80% |
| Utilities | 0.00% | 0.00% | 12.94% | 87.69% |
| Real Estate | 0.00% | 0.00% | 19.28% | 95.27% |
| Basic Materials | 0.00% | 0.00% | 17.25% | 94.89% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SGNFX % Rank | |
|---|---|---|---|---|
| US | 99.67% | 46.79% | 100.01% | 12.69% |
| Non US | 0.00% | 0.00% | 31.91% | 88.26% |
SGNFX - Expenses
Operational Fees
| SGNFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.44% | 0.02% | 17.54% | 25.95% |
| Management Fee | 1.00% | 0.00% | 1.50% | 96.20% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 50.56% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| SGNFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SGNFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| SGNFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.86% | 0.00% | 250.31% | 57.56% |
SGNFX - Distributions
Dividend Yield Analysis
| SGNFX | Category Low | Category High | SGNFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 89.58% |
Dividend Distribution Analysis
| SGNFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| SGNFX | Category Low | Category High | SGNFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.23% | -2.24% | 2.75% | 88.85% |
Capital Gain Distribution Analysis
| SGNFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2022 | $5.552 | CapitalGainLongTerm |
| Dec 18, 2020 | $0.345 | CapitalGainLongTerm |
| Dec 20, 2019 | $0.350 | CapitalGainLongTerm |
| Dec 21, 2018 | $1.221 | CapitalGainLongTerm |
| Dec 22, 2017 | $1.532 | CapitalGainLongTerm |
| Dec 23, 2015 | $0.464 | CapitalGainLongTerm |
| Dec 23, 2014 | $0.161 | CapitalGainShortTerm |
| Dec 23, 2014 | $0.424 | CapitalGainLongTerm |
| Dec 30, 2010 | $0.101 | OrdinaryDividend |
| Dec 18, 2009 | $0.033 | OrdinaryDividend |
SGNFX - Fund Manager Analysis
Managers
Gerald Sparrow
Start Date
Tenure
Tenure Rank
Oct 02, 1998
23.68
23.7%
Mr. Sparrow is the President and Chief Investment Officer of Sparrow Capital Management Inc and guides the growth, development, and overall investment philosophy of Sparrow Capital Management Inc. Mr. Sparrow has over 20 years of investment management experience. In addition to his responsibilities at Sparrow Capital Management Inc, Mr. Sparrow also serves as the general partner of a private investment partnership. Mr. Sparrow graduated summa cum laude from the University of Missouri with a BS in Business in 1985 and he received an MBA from Washington University in 1987. Mr. Sparrow has served as a portfolio manager for the Fund since its inception in 1998.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 11.76 |
