The Market's Silver Lining
Eric Mintz discusses mid-cap stocks on CNBC's Street Signs
Class I shares shown in the video are only available to certain institutional investors. See the prospectus for more information.
Growth companies are expected to increase their earnings at a certain rate. When these expectations are not met, investors may punish the stocks excessively, even if earnings showed an absolute increase. Growth company stocks also typically lack the dividend yield that can cushion stock prices in market downturns. Investing in small- and mid-cap stocks may involve greater risks than investing in larger, more established companies. These companies often have narrow markets and more limited managerial and financial resources. The companies engaged in the technology industry are subject to fierce competition and their products and services may be subject to rapid obsolescence. The values of these companies tend to fluctuate sharply.
Morningstar mid-cap growth category. As of March 31, 2012, the fund’s class A shares were rated 3 stars for the overall and 10 year periods, 2 stars for the three-year period and 4 stars for the five-year period among a total of 662, 424, 662 and 595 funds respectively. Class I shares were rated 4 stars for the overall and 5-year periods, and 3 stars for the 3-year period among a total of 662, 595 and 662 funds respectively. Ratings may be different for other share classes. Ratings are subject to change each month. Morningstar Rating® is based on risk-adjusted performance adjusted for fees and loads.
Returns provided in the broadcast were trailing daily returns for Class I shares as of May 17, 2012.
Average Annual Returns as of 03/31/2012
| |
YTD |
One year |
Three year |
Five year |
10 year |
Life of Class |
Inception |
| Class A (at NAV) |
16.26 |
0.33 |
25.35 |
6.77 |
7.39 |
11.22 |
8/20/98 |
| Class A (at Offer) |
10.74 |
-4.44 |
23.33 |
5.74 |
6.87 |
10.83 |
8/20/98 |
| Class I |
16.36 |
0.74 |
25.86 |
7.21 |
— |
9.15 |
6/21/06 |
Performance at NAV assumes that no front-end sales charge applied or the investment was not redeemed. Performance at offer assumes that a front-end sales charge applied to the extent applicable.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance at offer reflects a front-end sales charge of 4.75 percent for Class A shares. The expense ratio of the class A shares is 1.23 percent. Returns of less than one year are not annualized. Performance data quoted reflects reinvested dividends and capital gains. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 800.421.4184 or visiting eagleasset.com.
Eagle Fund Distributors, Inc. Memeber FINRA | EFD-0512-923
