Invests at least 80% of its net assets in equity securities. Primarily focuses on equity securities of U.S. companies. Now — the numbers.
This is an established company with proven profits.
Average growth of 11% a year over the last 4 years. Red columns mark years that ended in a loss.
The market pays 0.6× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
Analysts' average target sits 74% above today's price.
The stock trades 20% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 58% — still a thick cushion, though costs have been eating into it lately.
Over the last 4 years, sales grew about 11% a year on average.
It pays out $1.97 per share each year — regular cash for whoever holds the stock.
Since the drop from its peak, buyer appetite hasn’t come back.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.