DATA AS OF 12/31/2018
The fund seeks long-term capital appreciation.
Net Assets | $243.73 Million (All Share Classes) |
Sub-Adviser | Alta Capital Management, LLC |
Primary Benchmark | Russell 3000® Growth Index |
Dividend Frequency | Annually |
Morningstar Category | Large Growth |
Inception Dates | Class A - 03/01/2000 Class C - 11/11/2002 Class I - 11/30/2009 Advisor Class - 12/16/2016 Class T1 - 03/17/2017 |
Number of Holdings | 33 |
Portfolio Turnover | 32% (10/31/2018) |
30-Day SEC Yield (Subsidized) | Class A - -0.17% Class C - -0.97% Class I - 0.12% Advisor Class - 0.10% Class T1 - 0.05% |
30-Day SEC Yield (Unsubsidized) | Class A - -0.41% Class C - -1.86% Class I - 0.12% Advisor Class - 0.10% Class T1 - 0.05% |
Distribution Rate | Class I - 0.06% Advisor Class - 0.06% Class T1 - 0.04% |
Melanie H. Peche, CFA
Michael O. Tempest
A portfolio designed to generate excess return relative to the benchmark over the long term and primarily through stock selection.
- Strategy is based on bottom-up and original fundamental research
- Alta is expected to run a concentrated portfolio (30-35) with low annualized turnover (10-35%). The equity style is best described as GARP (growth at reasonable price) or quality growth
- Alta will consider selling a position due to valuation, change in investment thesis and loss protection
Established in 1981 (under the name Wagstaff Lodefink & Associates, LP, renamed Alta Capital Management, LLC (“Alta”) in 1997), Alta is a boutique investment management firm, with an experienced investment team. Alta manages assets for institutional and high-net-worth clients. Alta is known for its bottom-up and original fundamental research. Alta is a privately-owned firm managed by its principals who are actively involved in the firm’s day-to-day operations.