3 / 5 Stars
3 4 3 1 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#68 in Small Growth
U.S. News evaluated 213 Small 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 14.44 percent over the past year, 13.90 percent over the past three years, 6.44 percent over the past five years, and 9.56 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||10.7%|
|3 Years (Annualized)||13.9%|
|5 Years (Annualized)||6.4%|
|10 Years (Annualized)||9.6%|
The investment seeks long-term growth of capital. The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in equity securities, such as common and preferred stocks, of small-cap companies, plus borrowing for investment purposes. It uses an investment strategy that combines growth, value and core investment management styles. The fund defines a small-cap company as one with a market capitalization that falls between (a) the bottom range of the Russell 2000® Index ("Russell 2000 Index") and (b) the greater of either the top range of the Russell 2000 Index or $3.0 billion.
Fees are Above Average compared to funds in the same category.
Highland Small Cap Equity Fund has an expense ratio of 2.00 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.