Fund Evaluator:
Edgewood Growth Instl (EGFIX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Edgewood Growth Instl Overview
Edgewood Growth Instl (EGFIX) is an actively managed U.S. Equity Large Growth fund. Edgewood launched the fund in 2006.
The investment seeks long-term growth of capital. The fund primarily invests in a core group of 15-35 equity securities, including both common stocks and sponsored American Depositary Receipts ("ADRs"). Its investments are expected to have a bias toward larger capitalization issuers (those with market capitalizations in excess of $10 billion), but the fund may also invest in small-capitalization (between $100 million and $4 billion) and medium-capitalization (between $4 billion and $10 billion) companies. It is non-diversified.
About Edgewood Growth Instl (EGFIX)
There are 6 members of the management team with an average tenure of 17.03 years: Alexander Farman-Farmaian (2006), Scott Edwardson (2006), Will Broadbent (2026), Alan Breed (2006), Lawrence Creel (2006), Kevin Seth (2006). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 Growth TR USD index with a weighting of 100%. Edgewood Growth Instl has 23 securities in its portfolio. The top 10 holdings constitute 68.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Edgewood Growth Instl is part of the Equity global asset class and is within the U.S. Equity fund group. Edgewood Growth Instl has 14.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.5%. There is 14.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Edgewood Growth Instl has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
EGFIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Edgewood Growth Instl expense ratio is high compared to funds in the Large Growth category. Edgewood Growth Instl has an expense ratio of 1.00%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Edgewood Growth Instl has a portfolio turnover rate of 42%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of June 2026, Edgewood Growth Instl returned 0.4%, which earned it a grade of B, as the Large Growth category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Edgewood Growth Instl has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Edgewood Growth Instl Grades
Year to date, the fund has returned -5.4%, 12.5 percentage points worse than the category, which translates into a grade of F. The fund has returned -5.1% over the past year (grade of F), 9.6% over the past three years (grade of F) and 0.7% per year over the past five years (grade of F) and 13.5% per year over the past 10 years (grade of F).
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EGFIX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EGFIX Return (NAV) | 0.4% | 9.2% | -5.1% | 9.6% | 0.7% | 13.5% |
| EGFIX Grade | B | F | F | F | F | F |
| +/- Category | 1.7% | -8.6% | -21.0% | -11.1% | -9.3% | -2.9% |
| Large Growth Avg | -1.3% | 17.8% | 15.9% | 20.7% | 10.0% | 16.4% |
| EGFIX Tax Cost Ratio | na | na | 26.6% | 10.9% | 7.5% | 4.2% |
EGFIX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EGFIX Return (NAV) | -5.4% | 7.0% | 19.0% | 39.7% | -40.4% | 23.6% | 42.2% | 34.2% | 2.3% | 34.8% | 3.6% |
| EGFIX Grade | F | F | F | C | F | B | B | C | A | A | C |
| +/- Category | -12.5% | -8.8% | -10.6% | 1.0% | -8.4% | 3.1% | 0.2% | 1.0% | 3.0% | 5.0% | 0.8% |
| Large Growth Avg | 7.1% | 15.7% | 29.6% | 38.8% | -32.0% | 20.5% | 42.0% | 33.2% | -0.7% | 29.8% | 2.8% |
| Risk Measures | |
| Standard Deviation: | 16.1% |
| Total Risk Index: | 1.32 - Above Average |
| Category Risk Index: | 0.93 - Below Average |
| Category Risk Grade: | B (29% Rank) |
| Beta: | 1.06 |
| R-Squared: | 75% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1969 Mil |
| Fund Total Assets: | $1,879 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 42% |
Management Team
| Number of Managers: 6 | |||
| Longest Tenure: 20.4 years | |||
| Average Tenure: 17.0 years | |||
| Managers (Year): Farman-Farmaian Alexander (2006), Edwardson Scott (2006), Breed Alan (2006), Creel Lawrence (2006), Seth Kevin (2006), Broadbent Will (2026) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 23 |
| % in Top 10 Holdings: | 68.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 14.4% |
Portfolio Allocation |
|
| Domestic Stock: | 83.5% |
| Foreign Stock: | 14.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.1% |
Purchase Information
| Fund Family: | Edgewood |
| Phone Number: | 800-791-4226 |
| Website: | www.edgewoodfunds.com |
| Status: | Open |
| Inception Date: | February 28, 2006 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $100,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.00% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Edgewood Growth Instl |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
