PRIMECAP Odyssey Growth Fund (POGRX)

PRIMECAP Odyssey Growth fund (POGRX) is a best domestic stock mutual fund. This growth fund objective is to provide long term capital appreciation.

PRIMECAP Odyssey Growth (Ticker: POGRX)

The Primecap Odyssey Growth fund is seeking for long term capital appreciation. The majority of fund assets are invested in stocks of U.S. companies. The fund investment priority is to invest in the companies with above average earnings growth potential that is not reflected in their current market prices even though they provide little current income. The majority of the portfolio is dominated by mid- cap stocks (1/3 of portfolio) and large-cap stocks and as well foreign companies’ stocks.

POGRX Fund Details

• Fund Inception Date: November 2004
• Ticker Symbol: POGRX
• CUSIP: 74160Q103
• Total Assets: $8.4 billion
• Beta (3yr): 1.02
• Rank in category: 4
• Category: Large Growth
• Yield: 0.42%
• Expense fee: 0.65%
• Capital Gains: check fund
• Number of Years Up: 5 years
• Number of Years Down: 1 year
• Turnover Rate: 9%

updated on May 2017

This fund is managed by Primecap Management Company. The minimum balance to invest in this fund is $2,000 for regular brokerage account and $1,000 for IRA account. Both accounts require $150 for the minimum subsequent investment.

As part of no load fund, there is no 12b1 fee as well as no sales-load fee charged for the investor of this fund. The POGRX fund has a low annual expense ratio of 0.68% and the average annual expense ratio for the large-growth category is 1.31%. This POGRX fund has one of the lowest annual holdings turnover (4.93%) compared to the average turnover in the category (88.38%).

The comparison of the positive achievement of this fund versus the negative achievement is 5:1. The best 1-year total return was achieved in 2009 with 40.95% and the worst fund performance was in 2008 with -34.25%. POGRX has 4-stars rating from Morningstar. As May 2011, this PrimeCap fund has a 6.30% of year-to-date return. This best stock fund has returned 14.98% over the past year and 4.97% over the past five years.

• Year 2017: 11.24% (YTD)
• Year 2016: 8.42%
• Year 2015: 6.18%
• Year 2014: 13.92%
• Year 2013: 39.30%

How to Invest

You can invest in this POGRX fund by trading or investing at 51 brokerages includes Firstrade, Schwab Retail, JP Morgan, Vanguard, Ameriprise Brokerage, ETrade No Load Fee, Scottrade TF, HDVest-Wells Fargo, Fidelity Institutional FundsNetwork, TRUSTlynx, etc. Please check my best brokerages post for brokerage comparison.

The fund asset is allocated as follow US Stock (82.97%), Non US stock (11.5%), and cash (5.53%). As April 2011, the top 10 stock holdings of this fund are Roche Holding AG, Amgen Inc, Seattle Genetics Inc, Immunogen Inc, Dendreon Corporation, Altera Corporation, Cepheid, Google Inc, Medtronic Inc, and Electronic Arts Inc. The top 5 sectors in this fund are Healthcare (35.40%), Technology (29.6%), Industrials (12.2%), Energy (7.4%), and Consumer Cyclical (6.4%).

Similar to previous Fidelity Contrafund, PrimeCap Odyssey Growth fund is part of Kiplinger’s Best fund and part of large cap growth fund. This fund also received variety of awards such as B rating from The Street and 5 stars S&P Overall Ranking. The fund is rated 4 stars by Morningstar. This fund is ideal for conservative investor, moderate investor, and retiree. Rule of thumb is to have 20-30% of total assets in this type of US Domestic Large Cap fund for portfolio diversification.

Disclosure: No Position

This PRIMECAP Odyssey Growth Fund (POGRX) is part of Kiplinger's 25 best mutual funds.