3 / 5 Stars
4 4 4 2 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#123 in Large Growth
U.S. News evaluated 468 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 23.50 percent over the past year, 14.94 percent over the past three years, 21.07 percent over the past five years, and 6.41 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.3%|
|3 Years (Annualized)||14.9%|
|5 Years (Annualized)||21.1%|
|10 Years (Annualized)||6.4%|
The investment seeks long-term growth of capital and future income rather than current income. The fund seeks to achieve its investment objectives by investing at least 80% of its net assets under normal circumstances in equity securities, such as common and preferred stocks, plus borrowing for investment purposes. It invests primarily in a limited number of large- and medium-sized companies (meaning companies with a market capitalization of $2 billion or more) that the portfolio manager believes have above-average growth histories and/or growth potential. The fund also may invest to a lesser extent in securities of foreign issuers and debt securities.
Fees are Average compared to funds in the same category.
Highland Premier Growth Equity Fund has an expense ratio of 1.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.