Employs a "growth-at-a reasonable-price" philosophy, allowing it to invest in stocks with strong growth potential and reasonable valuations.
The Fund Managers adhere to a strict screening process that enables them to consistently achieve a favorable balance of growth and value characteristics.
Managed by Bill Bannick, Robert Fitzpatrick and Michael Skillman, who have nearly 60 years of combined investment experience.
Investment Process
Quantitative screening-Apply a systematic selection screen to a universe of primarily small-cap U.S. stocks. Each stock is ranked by growth and price considerations.
Qualitative research-Perform rigorous fundamental analysis on the top 10% of the stocks in the screened universe.
Make investment decisions-Select the securities that offer the best combination of sound value and promising growth potential. Continually monitor and analyze the list of opportunities for additional buy candidates.
Apply rigid sell discipline-Sell holdings that have negative earnings surprises or show poor relative price performance. A holding may also be sold if its weighting in the portfolio becomes excessive (normally above 3% of the Fund's investments).
At A Glance
Symbol Lookup
Symbol
CUSIP
Inst Shares
PMCIX
018918177
Objective Seeks long-term growth of capital
Primary Portfolio Stocks of companies with very small market capitalizations
William Bannick is Chief Investment Officer, Managing Director, and Portfolio Manager at Cadence Capital Management.
Manager Robert L. Fitzpatrick
Robert Fitzpatrick is a Portfolio Manager and Managing Director at Cadence Capital Management.
Manager Michael Skillman
Mike Skillman is Chief Executive Officer, Managing Director and Portfolio Manager at Cadence Capital Management.
Management Firm Cadence Capital Management LLC (CCM)
Boston, Massachusetts
Cadence Capital Management is a "growth-at-a-reasonable-price" equity manager investing in stocks with strong growth potential and reasonable valuations. The firm's sensible investment philosophy and disciplined approach have earned Cadence a reputation as a solid core-equity manager.
Investors should consider the investment objectives, risks, charges and expenses of this Fund carefully before investing. This and other information is contained in the Fund´s prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor, or by calling 888-877-4626. Click here for the Fund´s prospectus or summary prospectus. Please read them carefully before you invest or send money.
Past performance is no guarantee of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed.
This is not an offer or solicitation for the purchase or sale of any financial instrument. It is presented only to provide information on investment strategies and opportunities. The material contains the current opinions of the author, which are subject to change without notice. Statements concerning financial market trends are based on current market conditions, which will fluctuate. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.
The Fund may invest its assets in smaller cap stocks and securities issued in initial public offerings (IPOs), which may entail greater risk than larger companies, including higher volatility. When investing in value securities, the market may not necessarily have the same value assessment as the manager, and, therefore, the performance of the securities may decline.
PIMCO Funds and Allianz Funds are distributed by Allianz Global Investors Distributors LLC, 1345 Avenue of the Americas, New York, NY 10105-4800, www.allianzinvestors.com, 1-888-877-4626
Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
