Fund Evaluator:
PRIMECAP Odyssey Growth (POGRX)
Follow This Fund
Best Performing in Large Blend Over the Last Year
| 67.3% | PRIMECAP Odyssey Growth (POGRX) |
| 62.4% | Vanguard PRIMECAP Core Inv (VPCCX) |
| 58.7% | Vanguard PRIMECAP Adm (VPMAX) |
| 58.6% | Vanguard PRIMECAP Inv (VPMCX) |
| 51.1% | PRIMECAP Odyssey Stock (POSKX) |
Fund Details
PRIMECAP Odyssey Growth Overview
PRIMECAP Odyssey Growth (POGRX) is an actively managed U.S. Equity Large Blend fund. PRIMECAP Odyssey Funds launched the fund in 2004.
The investment seeks to provide long-term capital appreciation. The fund invests primarily in the common stocks of U.S. companies, emphasizing those companies with the potential for above average earnings growth. It may invest in stocks across all market sectors and market capitalizations. Although it has historically invested primarily in large- and mid-capitalization companies, it has also invested a significant portion of its assets in small-capitalization stocks.
About PRIMECAP Odyssey Growth (POGRX)
There are 5 members of the management team with an average tenure of 18.18 years: M. Ansari (2012), James Marchetti (2014), Alfred Mordecai (2004), Theo Kolokotrones (2004), Joel Fried (2004). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. PRIMECAP Odyssey Growth has 180 securities in its portfolio. The top 10 holdings constitute 31.5% 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.
PRIMECAP Odyssey Growth is part of the Equity global asset class and is within the U.S. Equity fund group. PRIMECAP Odyssey Growth has 12.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 84.3%. There is 12.3% 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). PRIMECAP Odyssey Growth has 3.5% of the portfolio in cash.
Assets Under Management
The fund has $6 billion in total assets, which is above the $6 billion average for the Large Blend 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.
POGRX 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 PRIMECAP Odyssey Growth expense ratio is above average compared to funds in the Large Blend category. PRIMECAP Odyssey Growth has an expense ratio of 0.66%, which is 18% lower than its category average, making the fund expense ratio grade a B. 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. PRIMECAP Odyssey Growth has a portfolio turnover rate of 11%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of June 2026, PRIMECAP Odyssey Growth returned 6.1%, which earned it a grade of A, as the Large Blend category had an average return of -0.2%. 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.
PRIMECAP Odyssey Growth has a trailing yield of 0.38%, which is below the 0.56% 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.
PRIMECAP Odyssey Growth Grades
Year to date, the fund has returned 33.9%, 24.8 percentage points better than the category, which translates into a grade of A. The fund has returned 67.3% over the past year (grade of A), 30.4% over the past three years (grade of A) and 16.7% per year over the past five years (grade of A) and 18.1% per year over the past 10 years (grade of A).
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POGRX 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 |
|
| POGRX Return (NAV) | 6.1% | 40.3% | 67.3% | 30.4% | 16.7% | 18.1% |
| POGRX Grade | A | A | A | A | A | A |
| +/- Category | 6.3% | 26.5% | 47.8% | 11.9% | 5.1% | 4.1% |
| Large Blend Avg | -0.2% | 13.8% | 19.5% | 18.5% | 11.6% | 14.1% |
| POGRX Tax Cost Ratio | na | na | 4.9% | 4.6% | 4.3% | 2.8% |
POGRX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| POGRX Return (NAV) | 33.9% | 33.0% | 13.0% | 23.9% | -14.4% | 18.5% | 16.8% | 24.0% | -4.5% | 32.1% | 8.4% |
| POGRX Grade | A | A | F | D | A | F | C | F | B | A | D |
| +/- Category | 24.8% | 17.1% | -9.1% | 0.2% | 2.9% | -8.0% | -0.7% | -5.8% | 1.4% | 10.8% | -1.8% |
| Large Blend Avg | 9.0% | 15.9% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 17.6% |
| Total Risk Index: | 1.45 - High |
| Category Risk Index: | 1.33 - High |
| Category Risk Grade: | F (101% Rank) |
| Beta: | 1.15 |
| R-Squared: | 72% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $6647 Mil |
| Fund Total Assets: | $6,648 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 11% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 21.7 years | |||
| Average Tenure: 18.2 years | |||
| Managers (Year): Mordecai Alfred (2004), Kolokotrones Theo (2004), Fried Joel (2004), Ansari M. (2012), Marchetti James (2014) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 180 |
| % in Top 10 Holdings: | 31.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 12.3% |
Portfolio Allocation |
|
| Domestic Stock: | 84.3% |
| Foreign Stock: | 12.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.5% |
Purchase Information
| Fund Family: | PRIMECAP Odyssey Funds |
| Phone Number: | 800-729-2307 |
| Website: | www.odysseyfunds.com |
| Status: | Open |
| Inception Date: | November 1, 2004 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $1,000 |
| 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 (%): | 0.66% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | PRIMECAP Odyssey Growth |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
