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2018/06/28 |
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Have you got any qualifications? wddsport.com.br Some blame it on so-called legacy positions, in which a fund is left with a large-cap holding when shares of a small-cap company that the fund owns is later acquired by the large cap. The $2.8 billion Gabelli small-cap Growth Fund, for instance, holds 37,584 shares of Verizon, an approximately $1.8 million stake that makes up about 0.1 percent of its assets. The fund has held Verizon, now with a $144 billion market cap, since 2000 after the telecom giant purchased fund holding Price Communications.
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