DATA AS OF 12/31/2018
The fund seeks to provide a high level of capital appreciation. Current income is a secondary goal.
Net Assets | $731.15 Million (All Share Classes) |
Sub-Adviser | Jennison Associates LLC and Wellington Management Company LLP |
Primary Benchmark | Russell 1000® Growth Index |
Secondary Benchmark | S&P 500® |
Dividend Frequency | Annually |
Morningstar Category | Large Growth |
Inception Dates | Class R - 03/10/2017 Class R4 - 09/11/2000 Class I3 - 03/10/2017 |
Number of Holdings | 107 |
Portfolio Turnover | 34% (10/31/2018) |
30-Day SEC Yield (Subsidized) | Class R - -0.35% Class R4 - -0.08% Class I3 - 0.17% |
30-Day SEC Yield (Unsubsidized) | Class R - -0.36% Class R4 - -0.09% Class I3 - 0.17% |
Distribution Rate | Class R4 - 0.05% Class I3 - 0.20% |
Jennison Associates LLC
Blair A. Boyer
Michael A. Del Balso
Spiros Segalas
Wellington Management Company LLP
Mammen Chally, CFA
Douglas McLane, CFA
David Siegle, CFA
A domestic large cap growth equity fund managed by multiple sub-advisers, each of which uses a consistent and disciplined process based on fundamental research.
- Jennison’s deeply experienced team researches and evaluates individual company fundamentals to uncover franchises capable of maintaining above-average long-term growth.
- Wellington focuses on companies with improving quality and attractive fundamentals, and combines valuation discipline and robust portfolio construction that can lead to more predictable and consistent excess returns.
Jennison Associates LLC (Jennison) has earned a reputation of excellence by fulfilling client investment needs since 1969. The firm's commitment to rigorous fundamental research, bottom-up stock selection, and a highly interactive investment process drives investment performance and is the cornerstone of Jennison's investment philosophy. Jennison believes this unwavering commitment to the process, combined with a dedication to meeting client objectives, has led to its long-term investment success.
With roots to 1928, Wellington Management is one of the largest independent investment management firms in the world. Wellington Management serves as a private firm whose sole business is investment management and to serve as investment adviser for institutional clients in over 40 countries. The firm's most distinctive strength is commitment to proprietary, independent research—the foundation upon which their investment approaches are built. Wellington Management's commitment to investment excellence is evidenced by their significant presence and long-term track records in nearly all sectors of the liquid, global securities markets.