Eagle Mid Cap Stock Fund

Mid-sized companies are often more stable than start-up companies and could provide suitable investors with less market risk while seeking growth potential. Companies in this market cap arena may be small enough to be unnoticed by analysts and business editors, yet large enough to have the critical mass to continue gaining market share.


The portfolio manager seeks long-term capital appreciation by investing principally in the equity securities of companies with capitalizations of $500 million to $15 billion.

The team seeks to buy growing, high-quality companies at a discount to what the managers perceive are their fair-market values.

Quality

  • Superior cash-flow generation
  • Management with successful record of business-strategy execution
  • Defensive business models
  • Sustainable growth
  • Solid balance sheet

Valuation

  • Pay reasonable prices
  • Disciplined sell policy

Balance

  • Diversified portfolio
  • Sector-weight policies

A Word about Risk

Investments in mid-cap companies generally involve greater risks than investing in larger capitalization companies. Mid-cap companies often have narrower commercial markets, more limited managerial and financial resources, and more volatile trading than larger, more established companies.