Growth Income Fund Quote
Growth Income is trading at 25.78 as of the 20th of April 2024; that is No Change since the beginning of the trading day. The fund's open price was 25.78. Equity ratings for Growth Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2022 and ending today, the 20th of April 2024. Click here to learn more.
Growth Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Growth Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Growth Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Victory Capital Funds, Large Growth Funds, Large Blend Funds, Large Blend, Victory Capital, Large Blend, Large Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of December 2019 |
| Fiscal Year End | July |
Growth Income Fund [USGIX] is traded in USA and was established 20th of April 2024. Growth Income is listed under Victory Capital category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Victory Capital family. This fund at this time has accumulated 1.69 B in net assets with minimum initial investment of 2.5 K. Growth Me Fund is currently producing year-to-date (YTD) return of 11.4% with the current yeild of 0.01%, while the total return for the last 3 years was 10.74%.
Check Growth Income Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Growth Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Growth Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Growth Income Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Growth Income Fund Mutual Fund Constituents
| JNJ | Johnson Johnson | Stock | Health Care |
| V | Visa Class A | Stock | Financials |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| C | Citigroup | Stock | Financials |
| WMT | Walmart | Stock | Consumer Staples |
| FB | Meta Platforms | Stock | Internet Content & Information |
| TWLO | Twilio Inc | Stock | Information Technology |
Growth Income Target Price Odds Analysis
Based on a normal probability distribution, the odds of Growth Income jumping above the current price in 90 days from now is nearly 4.08%. The Growth Income Fund probability density function shows the probability of Growth Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Growth Income Fund has a beta of -0.1437. This usually implies as returns on the benchmark increase, returns on holding Growth Income are expected to decrease at a much lower rate. During a bear market, however, Growth Income Fund is likely to outperform the market. Additionally, growth Income Fund has an alpha of 0.1713, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Growth Income to move above the current price in 90 days from now is nearly 4.08 (This Growth Income Fund probability density function shows the probability of Growth Mutual Fund to fall within a particular range of prices over 90 days) .
Growth Me Fund Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Growth Income market risk premium is the additional return an investor will receive from holding Growth Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Growth Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Growth Income's alpha and beta are two of the key measurements used to evaluate Growth Income's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5077 | |||
| Semi Deviation | 0.2371 | |||
| Standard Deviation | 0.6473 | |||
| Variance | 0.419 |
Growth Income Against Markets
Picking the right benchmark for Growth Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Growth Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Growth Income is critical whether you are bullish or bearish towards Growth Income Fund at a given time. Please also check how Growth Income's historical prices are related to one of the top price index indicators.
Growth Income Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Growth Income mutual fund to make a market-neutral strategy. Peer analysis of Growth Income could also be used in its relative valuation, which is a method of valuing Growth Income by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Growth Mutual Fund?
Before investing in Growth Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Growth Income. To buy Growth Income fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Growth Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Growth Income fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Growth Income Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Growth Income Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Growth Income Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Growth Income Fund?
The danger of trading Growth Income Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Growth Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Growth Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Growth Me Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..