About CMLIX
Congress Large Cap Growth Fund Institutional Class is a mutual fund designed to achieve long-term capital growth by primarily investing in large-capitalization companies in the United States. Managed by Congress Asset Management, the fund allocates at least 80% of its net assets to equities of large, established firms, focusing on sectors such as technology, consumer discretionary, healthcare, and financial services. Prominent holdings include industry leaders like Apple Inc., Microsoft Corp, Amazon.com Inc., and NVIDIA Corp, highlighting its emphasis on innovation-driven growth companies. The fund is categorized within the "Large Growth" style, appealing to institutional investors seeking exposure to leading U.S. corporations with potential for capital appreciation. Operating with a relatively low expense ratio compared to peers, it underscores a disciplined and cost-effective investment approach. The fund is overseen by experienced management, reflecting a strategy aimed at balancing capital preservation with growth, making it a significant participant in supporting investment in major segments of the U.S. equity markets.
Fund Family Congress
Category Large Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CMLIX
Share Class Institutional Class
Index Russell 1000 Growth TR
CMLIX had a total return of 8.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.12%.
