Congress Large Cap Growth ETF
CAML
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2 Seaport Lane, 5th Floor Boston MA United States of America 2210
- IPO Date
- Aug 21, 2023
- Website
- etfs.congressasset.com
- Similar Companies
- Business
- Congress Large Cap Growth ETF (CAML) is an actively managed exchange-traded fund that seeks long-term capital growth by investing at least 80% of its net assets in equity securities of large-capitalization companies exhibiting earnings growth potential, positive free cash flow, established profitability, and prudent debt management; it may allocate the remaining assets to small- and mid-capitalization equities. The fund employs a bottom-up research approach focused on company fundamentals, including revenue and earnings growth, competitive positioning in expanding industries, management alignment with stakeholders, and relative valuation against historical, peer, and economic benchmarks, with top holdings typically spanning technology, communication services, industrials, consumer cyclical, and financial services sectors. Launched on August 21, 2023, and listed on the NYSE Arca under ticker CAML with CUSIP 74316P637, the ETF benchmarks against the Russell 1000 Growth Index and maintains a net expense ratio of 0.65%, with assets under management exceeding $247 million as of recent reports. Headquartered in Boston, Massachusetts at 2 Seaport Lane, the ETF is issued and advised by Congress Asset Management Company, LLP, a boutique asset manager founded in 1985 with approximately $23.9 billion in total assets across equity, balanced, and fixed income strategies including large cap growth, mid cap growth, small cap growth, dividend growth, and others; distributed by Quasar Distributors, LLC, and custodied by U.S. Bank, N.A., it primarily targets U.S. investors through exchange trading at market prices, which may reflect premiums or discounts to net asset value. Key portfolio managers include Matt Lagan (CFA, Investment Policy Committee Chair), Dan Lagan (CFA, Co-Chair), Martine Elie (CFA), John O’Reilly (CFA), and Nancy Huynh, overseeing a concentrated portfolio of around 40 holdings such as Apple, Broadcom, Alphabet, Microsoft, and others in large-cap growth names. Since inception, the fund has demonstrated performance tracking closely with its benchmark amid market volatility, with no major acquisitions, funding rounds, partnerships, name changes, or strategic shifts reported for the ETF itself in the last 1-2 years; Congress Asset Management continues steady operations without significant reorganizations noted in recent public disclosures.