RidgeWorth Aggressive Growth Stock Fund

Scorecard
3 / 5 Stars
Lipper
5 3 2 1 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C+ (Hold)

#168 in Large Growth

U.S. News evaluated 466 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 60.44 percent over the past year, 16.28 percent over the past three years, and 28.97 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 8.9%
1 Year 60.4%
3 Years (Annualized) 16.3%
5 Years (Annualized) 29.0%
10 Years (Annualized) 10.0%

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Summary

RidgeWorth Aggressive Growth Stock's high-octane approach has been paying off handsomely.

As of March 05, 2014, the fund has assets totaling almost $58.28 million invested in 50 different holdings. Its portfolio consists of shares of companies that span the market capitalization spectrum.

While technically a large-growth product, the fund has hefty exposure to mid-cap and even small-cap names. Its average market cap is less than a quarter of the size of that of the S&P 500. Since smaller companies tend to be more volatile, this makeup certainly adds some risks. But lately, the approach has paid off. In both 2009 and 2010, the fund's returns landed it in the top 10 percent of Morningstar's large-growth category. But the downside is that in tough years, the fund can lag its peers. In 2008, for instance, the fund lost a painful 44 percent. 

Lately, the fund has been overweight in the hardware, telecommunications, and consumer services sectors, with names like Google, Apple, and Amazon occupying prominent spots in its portfolio. Since the fund's 2004 launch, it has put together some impressive numbers. As of the end of March, the fund's trailing five-year returns landed it in the top 5 percent of its Morningstar peer group. The fund has returned 60.44 percent over the past year, 16.28 percent over the past three years, and 28.97 percent over the past five years.

Investment Strategy

According to the fund's prospectus: "The Fund invests primarily in common stocks of companies that exhibit strong growth characteristics. In selecting investments for purchase and sale, [management] uses a fundamental research approach to identify companies with favorable prospects for future revenue, earnings, and/or cash flow growth. Growth 'drivers' are identified for each company and become critical to the ongoing evaluation process. Industry growth dynamics, company competitive positioning, pricing flexibility, and diversified product offerings are evaluated, providing the foundation for further fundamental research to determine the weighting of the Fund's investments. Generally the Fund will hold a limited number of securities."

Role in Portfolio

This fund could lend support to a well-balanced portfolio.

Management

A team of three managers runs the fund.

Fees

RidgeWorth Aggressive Growth Stock Fund has an expense ratio of 1.49 percent.

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Risk

Like all stock funds, this one comes with some risks.

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