Emerald Growth Fund Institutional Class (FGROX)
| Fund Assets | 871.47M |
| Expense Ratio | 0.79% |
| Min. Investment | $1,000,000 |
| Turnover | 51.00% |
| Dividend (ttm) | 3.39 |
| Dividend Yield | 12.29% |
| Dividend Growth | 133.74% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 27.18 |
| YTD Return | 6.91% |
| 1-Year Return | 16.63% |
| 5-Year Return | 63.78% |
| 52-Week Low | 19.59 |
| 52-Week High | 30.16 |
| Beta (5Y) | 1.13 |
| Holdings | 122 |
| Inception Date | Oct 21, 2008 |
About FGROX
The Emerald Growth Fund Institutional Class is an actively managed mutual fund focused on achieving long-term capital appreciation. Its strategy emphasizes investment in equity securities, particularly targeting companies with smaller market capitalizations, generally equal to or less than those in the Russell 2000 Index. While it has the flexibility to invest in businesses of various sizes and across numerous sectors, the fund demonstrates a preference for growth-oriented firms occupying leadership positions or unique niches within their industries. Its portfolio is diversified across key sectors such as technology, healthcare, financial services, industrials, and consumer goods, reflecting an intent to capture growth opportunities from innovative and rapidly expanding companies. The fund maintains a relatively low expense ratio for its category and is managed by a team with a disciplined, research-driven approach. Within the broader financial market, the Emerald Growth Fund Institutional Class plays a significant role in providing institutional investors with exposure to the growth potential of U.S. small-cap equities, offering both sector diversity and access to emerging leaders likely to shape future market trends.
Performance
FGROX had a total return of 16.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
24.01% of assets| Name | Symbol | Weight |
|---|---|---|
| F/M Emerald Life Sciences Innovation ETF | LFSC | 5.25% |
| Credo Technology Group Holding Ltd | CRDO | 2.85% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 2.34% |
| Palomar Holdings, Inc. | PLMR | 2.25% |
| Chart Industries, Inc. | GTLS | 1.91% |
| TTM Technologies, Inc. | TTMI | 1.91% |
| TransMedics Group, Inc. | TMDX | 1.90% |
| Skyward Specialty Insurance Group, Inc. | SKWD | 1.89% |
| Soleno Therapeutics, Inc. | SLNO | 1.88% |
| Freshpet, Inc. | FRPT | 1.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.7933 | Dec 19, 2024 |
| Jul 10, 2024 | $1.59394 | Jul 11, 2024 |
| Dec 20, 2023 | $0.64864 | Dec 21, 2023 |
| Jul 12, 2023 | $0.80053 | Jul 13, 2023 |
| Aug 25, 2022 | $1.7783 | Aug 26, 2022 |
| Dec 14, 2021 | $5.55817 | Dec 15, 2021 |