We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Focus on PNC Multi-Factor Large Cap Growth I Fund (PEWIX)
PNC Multi-Factor Large Cap Growth I Fund seeks growth of capital for the long run. PEWIX maintains a diversified portfolio by investing mainly in growth-based equity securities of large-cap U.S. companies, which have strong earnings growth rates. As per PEWIX’s objective it may also invest in non-U.S. companies.
This Large Cap Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.2% and 5 year 14.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PEWIX’s performance, as of the last filing, when compared to funds in its category was in the top 17% over the past 1 year, and in the top 16% over the past 3 years and in the top 20% over the past 5 years.
The PNC Multi-Factor Large Cap Growth I fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Large Value. Further, as of the last filing, NVIDIA Corp, Applied Materials Inc and Aetna Inc were the top holdings for PEWIX.
This Zacks Rank #3 (Hold) was incepted in December 1989 and is managed by PNC Funds. PEWIX carries an expense ratio of 0.66% and requires a minimal initial investment of $0.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>