Roxbury’s Small/Mid-Cap strategy seeks long-term capital appreciation by emphasizing high quality small- to mid-cap companies with sustainable growth trading at attractive valuations.

Above all, we look for top-tier companies with favorable competitive positions, strong financials, and a commitment to enhancing shareholder value. Portfolio companies tend to be seasoned operations that can continue to grow in a variety of market environments and are run by experienced management teams. Other common traits include proprietary technologies, free cash flow generation, low cost production, and high barriers to entry.

We typically look for stocks capable of growing earnings on a sustainable basis of 15% or more annually. The investment process is designed to produce a portfolio of relatively predictable companies with above average growth rates, strong financial strength, and high returns on equity.

The portfolio typically consists of 40 to 65 stocks, with position sizes ranging from 1% to 5% at cost.

For a more complete description of the Small/Mid-Cap strategy’s investment approach, including the latest portfolio statistics, please download the most recent Fact Sheet .

Portfolio Managers and Analysts: Alfred J. Lockwood, CPA, CFA, Richard M. Graziadei, CFA,, Joshua J. Honeycutt, CFA, and Jeffrey Prestine