Portfolio Characteristics

Growth Fund Holdings (6/30/2019)

Top Ten Holdings

Percent of Total Net Assets%
Alphabet Inc. 4.9
Ecolab, Inc. 
U.S. Bancorp  4.4
3M Company 4.4
Johnson & Johnson  3.8
Medtronic PLC  3.7
Hormel Foods Corp. 3.5
Donaldson Co., Inc. 3.3
The Walt Disney Company  3.1
Bio-Techne Corp. 3.1


Sector Breakdown

Percent of Total Net Assets%
Industrials 26.3
Health Care 23.0
Financials  11.7
Information Technology 11.7
Communication Services 8.1
Materials  7.9
Consumer Staples 5.2
Energy 1.7
Real Estate 1.7
Consumer Discretionary 1.1
Common Stocks 98.4
Short-term Investments1 1.6
Total 100.0


Market Capitalization

Growth Fund Market Capitalization


All holdings and percentages mentioned are as of 3/31/2019. All the holdings in the portfolio are subject to change without notice and may or may not represent current or future portfolio composition. The mention of specific securities is not intended as a recommendation or an offer of a particular security nor is it intended to be a solicitation for the purchase or sale of any security.

1Represents short-term investments and other assets and liabilities.