Large-capitalization


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Large-Capitalization

Describing a publicly-traded company with large amount of market capitalization. Though there is no fixed measurement, a large-capitalization company typically has a market capitalization over $5 billion or $10 billion. Some brokerages or exchanges have slightly different definitions of large-capitalization. Some indexes track large-capitalization companies, as do some exchange traded funds. See also: Mid-Cap, Low-Cap.

Large-capitalization (large-cap) stock.

The stock of companies with market capitalizations typically of $10 billion or more is known as large-cap stock. Market cap is figured by multiplying the number of either the outstanding or floating shares by the current share price.

Large-cap stock is generally considered less volatile than stock in smaller companies, in part because the bigger companies may have larger reserves to carry them through economic downturns.

However, market capitalization is always in flux. Today's large-cap stock can drop out of that category if the share price plunges either in a general market downturn or as a result of internal problems.

And the opposite is true as well. Many of the country's largest companies began life as start-ups.

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25 billion in assets in large-capitalization growth, large-capitalization value, international growth and various income products, along with a "market-neutral" hedge fund.
The Fund will pursue its investment objectives by investing primarily in a portfolio of mid- and large-capitalization common stocks, seeking to invest primarily in companies with above-average growth and financial strength.
The Cullen Value Fund, with assets of approximately $38 million, focuses on long-term capital appreciation and invests primarily in common stocks of medium- and large-capitalization companies.
The Fund's investment in micro-capitalization stocks may be subject to more abrupt or erratic movements in price than investments in small, medium and large-capitalization stocks.
Its Gulf South location gives its analysts an added advantage, allowing their energy coverage to include large-capitalization to early-stage companies in every area from infrastructure to exploration, he said.
Katz and his investment team practice a large-capitalization value investment style, which will be used to manage their portion of the Fund's assets.
Hotchkis and Wiley joins four other investment advisors in managing the $25 billion large-capitalization value fund, which has utilized a multi-manager approach since 1987.
Asset classes will span the spectrum from large-capitalization growth to alternative investments, and investments can include commingled funds, collective trusts, separate accounts and institutional mutual funds.

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