GW&K Small/Mid Cap Fund  (GWGVX)

Fund Notice:

N shares of the Fund are only available for sale to the public in the states of AK, AL, AR, CA, CO, CT, DE, FL, GA, GU, HI, ID, IL, IN, KS, KY, LA, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OR, PA, RI, SC, UT, VA, VI, and WY.

Fund Overview

Fund Overview

Share Class

N

NAV | as of 10/26/2020

$13.90
-$0.22 (-1.56%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 02/24/2017 to 09/30/2020 = $13,207.20

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

The Fund seeks to provide long-term capital appreciation by primarily investing in small to mid cap stocks exhibiting growth and value characteristics.

Why Consider

  • Provides investors with exposure to a portfolio of small and mid cap companies which may offer a greater universe of opportunities
  • Manages risk with a sell discipline and exposure limits for each company and diversification of sector and growth profiles embedded in the portfolio construction process
  • Employs a fundamental, research-oriented investment process that is built on the belief that a company's ability to generate consistent, long-term sustainable earnings growth will drive enhanced stock price performance over time
Daniel L. Miller, CFA

Daniel L. Miller, CFA

Partner and Director of Equities

See Our Approach Read Bio
Jeffrey W. Thibault, CFA

Jeffrey W. Thibault, CFA

Partner and Portfolio Manager

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 1.11%
  • Net Expense Ratio: 1.07%
  • Expense Cap Expiration Date: 05/01/2022

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 16, 2019 $0.021200 $0.005200 $0.016000
      Dec 27, 2018 $0.237900 $0.195200 $0.042700
      Dec 27, 2017 $0.149400 $0.101100 $0.048300

Risk & Return Stats

As of: 09/30/2020

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 09/30/2020

RPM International Inc 2.29%
Booz Allen Hamilton Holding Corp, Class A 2.22%
HubSpot Inc 2.17%
Gibraltar Industries Inc 2.02%
BJ's Wholesale Club Holdings Inc 1.91%
Exponent Inc 1.89%
Lithia Motors Inc, Class A 1.89%
Bio-Rad Laboratories Inc, Class A 1.85%
Zebra Technologies Corp, Class A 1.83%
Catalent Inc 1.82%
% in Top 10 Holdings 19.89%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 09/30/2020

Investment Approach

Investment Approach

GW&K Small/Mid Cap Fund

The Fund primarily invests in small and mid cap, companies. The investment strategy identifies new investments based on five attributes:

  1. Company Management: The Fund seeks companies with experienced, tenured, high-quality management
  2. Growth Profile: The Fund favors companies with business models that have typically delivered consistent long-term growth
  3. Market Positioning: The Fund targets leading companies in attractive and defensible niche markets
  4. Financial Strength: The Fund invests in companies with strong financial characteristics
  5. Valuation: The Fund will seek to be fully invested and diversified by style, sector and growth profile


The Fund will ordinarily invest in approximately 55-85 stocks. GW&K intends for the Fund's portfolio to be diversified as to companies and industries.

Additional Fund Highlight

Risk management parameters, including exposure limits for each company and diversification of sector and growth profiles, are embedded in the portfolio construction process.

Webcast: Fund Overview

 
Webinar overview of GW&K and the GW&K Small/Mid Cap Fund from the Portfolio Manager Jeffrey W. Thibault, CFA
Watch Video More About GW&K Investment Management

Equity Style Analysis: Growth vs. Value

 
Recent equity growth style outperformance may be testing the resolve many investors have to remain diversified. Although it is nearly impossible to predict when and to what extent these performance and valuation trends will reverse themselves, historically they have. Rather than try to predict future trends, investors should consider remaining diversified over the long term.
Read Full Perspective

About

About GW&K Investment Management

Background

GW&K Investment Management is a dynamic investment management firm that offers asset allocation, active equity and fixed income investment solutions to help meet the needs of a diverse client base. GW&K’s founding principles of applying rigorous fundamental research, focusing on quality and maintaining a long-term view still guide its investment process today.

Learn More

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Founded

1974


Headquarters

Boston, MA


Affiliate Since

2008

Funds to Consider

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★★★★

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Fund Detail Read Important Investment Disclosures

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