Emerald Growth Institutional (FGROX)

Fund Assets	1.48B
Expense Ratio	0.78%
Min. Investment	$1,000,000
Turnover	45.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Semi-Annual
Ex-Dividend Date	Aug 13, 2026

Previous Close	29.91
YTD Return	25.84%
1-Year Return	45.18%
5-Year Return	75.52%
52-Week Low	27.30
52-Week High	41.61
Beta (5Y)	1.24
Holdings	131
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.

• Fund Family: Emerald
• Category: Small Growth
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FGROX
• Share Class: Institutional Class
• Index: Russell 2000 Growth TR

Performance

FGROX had a total return of 45.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.04%.

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	0.07%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
HSPGX	Class A	1.02%
FFGRX	Investor Class	1.13%
HSPCX	Class C	1.68%

Top 10 Holdings

24.26% of assets

Name	Symbol	Weight
F/M Emerald Life Sciences Innovation ETF	LFSC	5.25%
Bloom Energy Corporation	BE	3.47%
Credo Technology Group Holding Ltd	CRDO	2.62%
Modine Manufacturing Company	MOD	2.05%
First American Government Obligs X	FGXXX	1.96%
Guardant Health, Inc.	GH	1.95%
Mercury Systems, Inc.	MRCY	1.85%
Semtech Corporation	SMTC	1.76%
Sterling Infrastructure, Inc.	STRL	1.71%
TTM Technologies, Inc.	TTMI	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 13, 2026	$8.300	Aug 14, 2026
Dec 17, 2025	$1.20025	Dec 18, 2025
Aug 7, 2025	$2.22722	Aug 8, 2025
Dec 18, 2024	$1.7933	Dec 19, 2024
Jul 10, 2024	$1.59394	Jul 11, 2024
Dec 20, 2023	$0.64864	Dec 21, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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