Payden & Rygel's Large-Cap Growth strategy uses a bottom-up investment approach that rests on the premise that earnings growth will ultimately drive price appreciation. As such, we strive to create well-diversified portfolios using companies with high earnings growth. Often companies with a unique product or technology – “the innovators” – will present the biggest opportunities for growth. From a universe of 1,000 large-cap stocks, we whittle those down to 50-70 worthy stocks with strong share price appreciation potential.
The portfolio is well-diversified and uses the Russell 1000 Growth as the benchmark index. Our equity portfolio management team follows a true active management approach and does not hold a stock simply because it is included in the benchmark index. In addition to “the innovators” the portfolio is highlighted by companies which have established products, strong market positions, and proven records of consistent growth.