Summary
The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.
The investment process is designed to identify high-quality established and emerging companies with strong free-cash-flow yields, sustainable competitive advantages, and favorable returns on invested capital trends. The process focuses on long-term growth rather than short-term events.
The research process is driven by fundamental analysis of one stock at a time. Next, the research team looks for companies that
Link
Directors
Mar 13, 2024- Frances L. Cashman
- Kathleen A. Dennis
- Michael F. Klein
- Dr. Manuel H. Johnson
- Patricia A. Maleski
- Nancy C. Everett
- Eddie A. Grier
- Jakki L. Haussler
- Joseph J. Kearns
- Frank L. Bowman
- W. Allen Reed
Chief Compliance Officer
- Deidre A. Downes
Fund Manager(s)
- Dennis Lynch
- David Cohen
- Sandeep (Sam) Chainani
- Alexander Norton
- Jason Yeung
- Armistead Nash
Price
Company Name |
Holding |
| Cloudflare Inc | 9.48 % |
| Trade Desk Inc/The | 7.7 % |
| DoorDash Inc | 7.26 % |
| Tesla Inc | 6.25 % |
| Shopify Inc | 6.2 % |
| ROBLOX Corp | 5.05 % |
| Snowflake Inc | 4.95 % |
| Airbnb Inc | 4.8 % |
| Affirm Holdings Inc | 4.79 % |
| Royalty Pharma PLC | 4.62 % |
| More |
Documents
Performance
YTD
1.8%
3 Year
-60.39%
5 Year
-15.35%
Best
93.40%
2020
Worst
-67.01%
2022
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 7.3% | 17.3% | -26.9% | -2% | -4% | 19.2% | 9.5% | 16% | -5.8% | 6% |
| Q2 | -4.1% | 12.4% | -41.3% | 47.1% | 58% | 6.3% | 11.6% | 9.6% | 1.5% | 2% |
| Q3 | - | -6.4% | 3.2% | -25.4% | 9.6% | -11.5% | 6.3% | 4.7% | 10.7% | -6.1% |
| Q4 | - | 21.7% | -25.5% | -7.8% | -9.2% | -4.4% | -15.8% | 7% | -8.1% | 9.2% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.9% | 11.8% | 2% | -5.1% | - | - | - | - | - | - | - | - |
| 2023 | 17.7% | -4.2% | 4% | -6.2% | 10.1% | 8.8% | 8.8% | -9.3% | -5.2% | -8.8% | 18% | 12.3% |
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2% | 49% | -67% | -23% | 93% | 9% | 7% | 43% | -3% | 11% |
Alpha
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| MSHLX | 2% | 49% | -67% | -23% | 93% | 9% | 7% | 43% | -3% | 11% |
| Russell 1000 | -8% | 36% | -27% | 27% | 37% | 35% | -3% | 28% | 5% | 4% |
| Alpha | 9% | 13% | -40% | -49% | 56% | -26% | 10% | 14% | -8% | 7% |