Papp Small & Mid-Cap Growth Fund (PAPPX)
| Fund Assets | 42.20M |
| Expense Ratio | 1.26% |
| Min. Investment | $5,000 |
| Turnover | 4.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 31.41 |
| YTD Return | 3.87% |
| 1-Year Return | 6.43% |
| 5-Year Return | 28.76% |
| 52-Week Low | 25.96 |
| 52-Week High | 31.90 |
| Beta (5Y) | 1.03 |
| Holdings | 29 |
| Inception Date | Mar 8, 2010 |
About PAPPX
Papp Small & Mid-Cap Growth Fund is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in equities of small and mid-sized U.S. companies. At least 80% of its net assets are allocated to this segment, targeting firms that exhibit strong growth potential and quality fundamentals. The fund is advised by L. Roy Papp & Associates, LLP, an investment manager known for its consistent approach to growth investing since 1978. The portfolio is relatively concentrated, with over half of its assets held in its top ten positions, spanning sectors such as industrials, consumer cyclical, technology, and healthcare. This focused strategy can lead to higher volatility compared to broader funds. The fund is categorized under 'Mid-Cap Growth' and is designed for investors seeking exposure to dynamic, growth-oriented companies outside of the large-cap universe. Its role in the financial market is to provide access to smaller, innovative enterprises that may offer attractive expansion opportunities, balancing risk and reward for disciplined, growth-minded portfolios.
Performance
PAPPX had a total return of 6.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.64%.
Top 10 Holdings
60.16% of assets| Name | Symbol | Weight |
|---|---|---|
| O'Reilly Automotive, Inc. | ORLY | 9.00% |
| RBC Bearings Incorporated | RBC | 6.79% |
| AMETEK, Inc. | AME | 6.68% |
| Ecolab Inc. | ECL | 6.22% |
| Expeditors International of Washington, Inc. | EXPD | 6.01% |
| FactSet Research Systems Inc. | FDS | 5.46% |
| ANSYS, Inc. | ANSS | 5.44% |
| Mettler-Toledo International Inc. | MTD | 5.00% |
| CoStar Group, Inc. | CSGP | 4.82% |
| IDEX Corporation | IEX | 4.74% |