Congress Mid Cap Growth Fund Institutional Class (IMIDX)
Congress Mid Cap Growth Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $20.93, up 0.38% on the session, giving a market capitalisation of $607.8M. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund commits a significant portion, at least 80%, of its net assets (inclusive of any borrowed funds for investment) to purchasing equity securities of medium-sized companies. It primarily seeks to invest in publicly traded stocks of U.S.-based corporations that the Advisor has identified as possessing a mid-range market capitalization. The Advisor defines these "mid-capitalization" companies by comparing their market value, at the point of purchase, to that of firms listed within the Russell Midcap Growth® Index.
Congress Mid Cap Growth Fund Institutional Class is most often compared with the following Financial Services names: