Highland Small-Cap Equity Fund Class A (HSZAX)

15.57
Net Asset Value
+0.45%
1 Day
+3.52%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
1.91%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in equity securities, such as common and preferred stocks, of small-cap companies, plus borrowing for investment purposes. The fund uses an investment strategy that combines growth, value and core investment management styles.

Performance

1 month+1.91% 3 years+17.93%
3 months-0.70% 5 years+16.06%
1 year+10.72% Since inception+10.38%
Data through --

Peer Comparisonvs. Small growth

 HSZAXCategory
Performance 5-yr return+16.06%+19.88%
Expense ratio1.91%1.41%
Risk 5 year sharpe ratio1.140.98
Net assets$41.3M$806.8M
Average market cap$2.7B$2.8B
Average P/E23.625.4
Portfolio turnover64%64%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureMarc Shapiro / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock95.21%
International stock2.76%
Cash2.03%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.20%
Healthcare 13.69%
Financial service 12.40%
Consumer goods 10.64%
Business service 9.24%
Top 10 Holdings
Portfolio weighting
RJF Raymond James Financial Inc2.18%
ODFL Old Dominion Freight Lines2.17%
PKG Packaging Corp of America2.17%
JAH Jarden Corp2.16%
GWR Genesee & Wyoming Inc Class A2.12%
SM SM Energy Co2.10%
LKQ LKQ Corp2.04%
MD Mednax Inc2.01%
HCC HCC Insurance Holdings Inc1.93%
BMR BioMed Realty Trust Inc1.90%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.