Fund Evaluator:
Ladenburg Growth I (LGWIX)
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Best Performing in Moderately Aggressive Allocation Over the Last Year
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Fund Details
Ladenburg Growth I Overview
Ladenburg Growth I (LGWIX) is an actively managed Allocation Moderately Aggressive Allocation fund. Ladenburg Thalmann launched the fund in 2015.
The investment seeks long-term growth of capital. The fund seeks to achieve the fund's investment objective by investing in a combination of equity, fixed income and alternative strategy exchange traded funds ("ETFs"), exchange-traded notes ("ETNs") and mutual funds (together, "underlying funds"). It may invest up to 50% of its net assets in underlying funds that primarily invest in foreign securities. The fund's adviser invests the fund's assets in the underlying funds in accordance with the following ranges: Equity 60-90%; Fixed Income 0-30%; and Alternatives 0-20%.
About Ladenburg Growth I (LGWIX)
There are 1 members of the management team with an average tenure of 10.94 years: Phillip Blancato (2015). 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 Bloomberg US Govt/Credit TR USD index with a weighting of 100%. Ladenburg Growth I has 14 securities in its portfolio. The top 10 holdings constitute 91.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Ladenburg Growth I is part of the Allocation global asset class and is within the Allocation fund group. Ladenburg Growth I has 14.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 66.1%. There is 13.2% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 14.7% (13.1% domestic bond, 1.7% foreign bond and 0.0% convertible bond). Ladenburg Growth I has 4.7% of the portfolio in cash.
Assets Under Management
The fund has $150 million in total assets, which is below the $570 million average for the Moderately Aggressive Allocation 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.
LGWIX 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 Ladenburg Growth I expense ratio is high compared to funds in the Moderately Aggressive Allocation category. Ladenburg Growth I has an expense ratio of 0.99%, which is 4% lower than its category average, making the fund expense ratio grade a C. 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. Ladenburg Growth I has a portfolio turnover rate of 45%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 34% for the Moderately Aggressive Allocation category.
Recently, in the month of July 2026, Ladenburg Growth I returned -0.8%, which earned it a grade of C, as the Moderately Aggressive Allocation category had an average return of -0.4%. 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.
Ladenburg Growth I has a trailing yield of 0.85%, which is below the 1.47% category average. The fund normally distributes its income 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.
Ladenburg Growth I Grades
Year to date, the fund has returned 9.4%, 0.4 percentage points worse than the category, which translates into a grade of B. The fund has returned 16.4% over the past year (grade of D), 13.2% over the past three years (grade of F) and 7.4% per year over the past five years (grade of D) and 9.4% per year over the past 10 years (grade of D).
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LGWIX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LGWIX Return (NAV) | -0.8% | 3.3% | 16.4% | 13.2% | 7.4% | 9.4% |
| LGWIX Grade | C | C | D | F | D | D |
| +/- Category | -0.4% | -0.1% | -1.9% | -1.9% | -1.3% | -0.9% |
| Moderately Aggressive Allocation Avg | -0.4% | 3.4% | 18.4% | 15.1% | 8.7% | 10.2% |
| LGWIX Tax Cost Ratio | na | na | 1.2% | 1.5% | 1.1% | 0.8% |
LGWIX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LGWIX Return (NAV) | 9.4% | 11.6% | 15.8% | 18.3% | -17.9% | 16.4% | 14.4% | 22.9% | -8.3% | 16.8% | 6.5% |
| LGWIX Grade | B | F | B | C | D | C | C | B | D | C | F |
| +/- Category | -0.4% | -4.4% | 0.1% | 1.7% | -2.2% | -1.7% | 1.4% | 0.3% | -1.3% | -0.4% | -2.8% |
| Moderately Aggressive Allocation Avg | 9.8% | 16.0% | 15.7% | 16.5% | -15.7% | 18.1% | 13.0% | 22.6% | -7.0% | 17.2% | 9.3% |
| Risk Measures | |
| Standard Deviation: | 11.5% |
| Total Risk Index: | 0.94 - Average |
| Category Risk Index: | 1.03 - High |
| Category Risk Grade: | F (82% Rank) |
| Beta: | 1.14 |
| R-Squared: | 87% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 0.9% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $151 Mil |
| Fund Total Assets: | $ 151 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 46% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 10.9 years | |||
| Average Tenure: 10.9 years | |||
| Managers (Year): Blancato Phillip (2015) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 14 |
| % in Top 10 Holdings: | 91.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 14.9% |
Portfolio Allocation |
|
| Domestic Stock: | 66.1% |
| Foreign Stock: | 13.2% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 13.1% |
| Foreign Bond: | 1.7% |
| Convertible Bond: | 0.0% |
| Other: | 1.2% |
| Cash: | 4.7% |
Purchase Information
| Fund Family: | Ladenburg Thalmann |
| Phone Number: | 877-803-6583 |
| Website: |
| Status: | Open |
| Inception Date: | August 24, 2015 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.99% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | Ladenburg Growth I |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 0 |
