Portfolio Construction

We construct portfolios using an optimization routine designed to maximize the weight of stocks with the most desirable characteristics, as determined by our team. Only stocks held within the identified benchmark are considered for inclusion.

Portfolio Characteristics

Inception DateOctober 1, 2006
Assets Under Management (in millions)$133.60
Investment StyleCore
BenchmarkRussell MidCap® Index

Portfolio Statistics as of 6/30/19

Mid Cap CoreRussell MidCap® Index
Weighted-Average Market Capitalization ($ Bil)$15.2$17.0
Indicated Yield2.1%2.4%
Trailing P/E Ratio19.1x19.3x
Forward P/E Ratio18.5x17.5x
P/B Ratio4.1x2.8x

Sector Diversification as of 6/30/19

Mid Cap CoreRussell MidCap® Index
Communication Services4.503.50
Consumer Discretionary12.2011.90
Consumer Staples3.304.00
Energy4.503.60
Financials12.2013.00
Healthcare9.8010.20
Industrials14.4014.00
Information Technology19.5019.30
Materials4.804.90
Real Estate8.109.00
Utilities5.606.60
Cash1.000.00

Top 10 Holdings as of 6/30/19

Verisign, Inc.2.6%
Cadence Design Systems2.4%
Fiserv Inc.2.2%
Hilton Worldwide Holdings2.2%
Lam Research Corp.2.1%
Fortinet, Inc.2.0%
Robert Half International1.9%
Harris Corp1.8%
Allison Transmission Holdings1.7%
Citrix Systems1.6%