Listed for Year One and Three, equity growth represents the compounded or annualized growth rate in a company's shareholder equity, or book value. The one-year growth rate is calculated for the trailing 12 months, and the three-year growth rate is calculated from the fourth fiscal year (FY4) to the most recently completed fiscal year (FY1). For mutual funds equity growth represents a weighted median figure such that approximately 50% of the domestic stocks in the portfolio will have a greater equity growth and roughly 50% of these domestic stocks will have a lower equity growth than the weighted median.
Origin
All equity growth calculations are done in house at the equity level, based on the domestic stocks in the fund’s most recently reported portfolio.