LGNGX — Logan Capital Large Cap Growth Fund

LGNGX Fund Overview

LGNGX — Logan Capital Large Cap Growth Fund is a US mutual fund managed by Advisors Series Trust, categorised as Emerging Markets Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Advisors Series Trust
• Category: Emerging Markets Large Cap Growth Equity
• Assets under management: $47.22M
• 1-year return: -16.8%
• Ticker: LGNGX
• SEC CIK: 0001027596
• SEC series ID: S000037501
• Share class ID: C000115770

LGNGX Investment Objective and Strategy

Logan Capital Large Cap Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors Series Trust.

Investment objective

"The Logan Capital Large Cap Growth Fund (the ""Large Cap Growth Fund"") seeks long-term capital appreciation."

Principal investment strategy

"Logan Capital's Large Cap Growth investment philosophy is based on the belief that earnings growth ultimately drives stock prices. Our investment process seeks to identify companies that have the ability to generate sustainable and durable long-term earnings growth. Our goal is to invest in U.S. companies that have outstanding earnings growth due to factors such as superior pricing power, distribution channels, management, etc. The companies in the portfolio are selected for their innovative thinking which often results in a captive market for their service or product. We are patient, long-term growth investors, which means we will often hold through earnings setbacks that we believe are short-term in nature as long as the fundamentals indicate that a resumption in earnings growth is probable.

Under normal market conditions, the Large Cap Growth Fund invests at least 80% of its net assets (including any borrowings for investment purposes) in large capitalization equity securities. The Fund expects to invest principally in equity securities that are traded on U.S. securities exchanges. For purposes of the Fund's investments, large capitalization securities are those whose market capitalization at the time of purchase falls within the range of the Russell 1000 Index. As of the most recent reconstitution as of June 30, 2018, companies in the Russell 1000 Index had market capitalizations ranging from $0.4 billion to $915 billion. Equity securities in which the Fund may invest include common stocks, preferred stocks, American Depositary Receipts (""ADRs""), rights and warrants, and may include securities of companies that are offered pursuant to an initial public offering (""IPO"").

From time to time, the Fund may be invested significantly in securities of companies in the same economic sector. For example, as of April 30, 2018, 40.9% of the Fund's net assets were invested in securities within the information technology sector. The Fund may invest up to 20% of its total assets in securities of foreign issuers, including issuers in emerging markets. Additionally, the Fund may invest up to 15% of its total assets in other investment companies, including exchange-traded funds (""ETFs""), and may purchase and sell options on equities and stock indices with respect to 10% of its total assets. The Fund may also sell securities short with respect to 10% of its total assets. A short sale is the sale by the Fund of a security which it does not own in anticipation of purchasing the same security in the future at a lower price to close the short position.

The Large Cap Growth Fund's investment process is ""bottom up"" and focused on superior security selection. The investment team utilizes a three-component process that includes top-down macroeconomic analysis, fundamental research and technical analysis. For a stock to be eligible for portfolio inclusion, it must pass all three independent components of this process. 1) Macroeconomic analysis To aid in security selection, the Advisor begins by analyzing macroeconomic factors including, but not limited to, trends in real gross domestic product (""GDP"") growth, short and long-term interest rates, yield curve, inflation, U.S. Federal Reserve Board actions, productivity gains and corporate cash flow. 2) Fundamental analysis Investment ideas are generated utilizing the Advisor's proprietary ranking and screening tool which assigns a score, based on a number of factors, to a broad universe of stocks, giving the Advisor an advantage when evaluating new opportunities.

Factors considered include, but are not limited to, market expansion opportunities, market dominance and/or pricing power, significant barriers to entry and a strong balance sheet. 3) Technical Analysis An evaluation that examines a stock's pricing behavior and chart patterns to determine an uptrend or downtrend. Factors considered include, but are not limited to, relative performance as compared to the peer group and the overall market, historically significant price patterns, support and resistance levels and overbought and oversold levels. The Advisor may sell a position when it no longer qualifies for purchase under at least two of the three independent components."

LGNGX Performance

Total returns for LGNGX (as of 2026-10-01), from SEC filings.

LGNGX Risk Information

Risk metrics for LGNGX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 26.1%

LGNGX Costs and Fees

LGNGX costs about $124 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.24%
• Gross expense ratio: 1.24%
• Portfolio turnover: 11%
• Brokerage commissions: 0.24 bps of average net assets (SEC N-CEN)

LGNGX Cashflows

Over the 12 months to 2022-07, Logan Capital Large Cap Growth Fund had net inflows of $106.13M, from monthly SEC N-PORT filings.

LGNGX Debt Constituents

No individual debt constituents are reported in Logan Capital Large Cap Growth Fund's latest SEC N-PORT filing.

LGNGX Prospectus and SEC Filings

Official Logan Capital Large Cap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-08-27
• Prospectus (485BPOS) — filed 2020-09-09
• Prospectus (485BPOS) — filed 2018-09-11
• Portfolio holdings (N-PORT) — filed 2022-09-26
• Portfolio holdings (N-PORT) — filed 2022-06-24
• Portfolio holdings (N-PORT) — filed 2022-03-31
• Annual census (N-CEN) — filed 2022-07-14
• Annual census (N-CEN) — filed 2021-07-13

Related Funds

Other Emerging Markets Large Cap Growth Equity funds tracked on ABC INVEST:

• Invesco Developing Markets Fund (ODVIX)
• Hartford Schroders Emerging Markets Equity Fund (SEMVX)
• Driehaus Emerging Markets Growth Fund (DREGX)
• Touchstone Sands Capital Emerging Markets Growth Fund (TSEMX)
• Emerging Markets Equity Portfolio (MSMBX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.