Homestead Fds, Inc. Growth Fund
HNASX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4301 Wilson Blvd Arlington VA United States of America 22203
- IPO Date
- Jan 23, 2001
- CIK
- 0000865733
- Website
- homesteadadvisers.com
- Similar Companies
- Business
- Homestead Fds, Inc. Growth Fund (HNASX) is an open-end mutual fund that seeks long-term capital appreciation through investments primarily in common stocks of large-cap growth companies exhibiting above-average earnings and cash flow growth potential; the fund normally invests at least 80% of net assets, including borrowings for investment purposes, in such equities, with subadvisory services provided by T. Rowe Price Associates, Inc., focusing on firms with sustainable earnings momentum in niche economic positions. Key portfolio sectors include technology (approximately 46%), healthcare, consumer cyclical, communication services, and financial services, with top holdings such as Microsoft Corp., NVIDIA Corp., Apple Inc., Alphabet Inc., and Amazon.com Inc. comprising over 39% of assets as of recent reports; the fund maintains 47 holdings, low turnover around 18-19%, and net assets of about $443 million as of September 2025. Homestead Advisers Corp., the fund's investment manager and a subsidiary of entities tied to the National Rural Electric Cooperative Association (NRECA), was established in 1990 and is headquartered at 4301 Wilson Blvd., Arlington, Virginia; it offers a family of equity and fixed-income mutual funds, including the Growth Fund (incepted January 22, 2001), targeting individual investors, cooperatives, and financial professionals primarily in the United States. Recent developments include the appointment of Jon Friar as co-portfolio manager effective January 1, 2025, alongside incumbent Taymour Tamaddon (since 2017), reflecting ongoing management enhancements; the fund distributed long-term capital gains of $0.4190 per share in June 2025 and maintained a gross expense ratio of 0.82% as of December 31, 2024, with no transaction fees or loads. The fund benchmarks against the Russell 1000 Growth Index and operates within the large growth category, available to U.S. investors with a minimum initial investment of $500.