Invests primarily in common stocks of large-cap companies. Tracks companies with market capitalizations similar to the Russell 1000® Index or the S&P 500® Index. Now — the numbers.
This is an established company with proven profits.
Average growth of 9% a year over the last 4 years. Every year shown ended in profit.
The market pays 13.1× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
No analyst target is on record for this company.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
Over the last 4 years, sales grew about 9% a year on average.
It pays out $6.11 per share each year — regular cash for whoever holds the stock.
Costs swallow the gains that sales growth brings in.
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.