- What does IMIDX invest in?
- 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.
- What is the expense ratio of IMIDX?
- Congress Mid Cap Growth Fund Institutional Class (IMIDX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is IMIDX?
- Congress Mid Cap Growth Fund Institutional Class (IMIDX) manages $637.4M 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 IMIDX actively managed or an index fund?
- IMIDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was IMIDX launched?
- Congress Mid Cap Growth Fund Institutional Class (IMIDX) launched in November 2012 and is managed by the fund issuer.
- How has IMIDX performed?
- IMIDX'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.
