Congress Mid Cap Growth Fund

Frequently Asked Questions About CMIDX

What does CMIDX invest in?

This fund commits a substantial portion, at least 80% of its total net assets (including any capital obtained through borrowing for investment), to the equity of mid-sized companies. Its primary focus is on publicly traded shares of U.S. firms that the Advisor identifies as having a medium market capitalization. The Advisor defines mid-capitalization businesses as those whose market value, at the point of purchase, aligns with the typical market capitalizations of companies listed in the Russell Midcap Growth® Index.

What is the expense ratio of CMIDX?

Congress Mid Cap Growth Fund (CMIDX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CMIDX?

Congress Mid Cap Growth Fund (CMIDX) manages $639.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CMIDX actively managed or an index fund?

CMIDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CMIDX launched?

Congress Mid Cap Growth Fund (CMIDX) launched in November 2012 and is managed by the fund issuer.

How has CMIDX performed?

CMIDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.