Published on 19 Jun 2024 on Insider Monkey · via Yahoo Finance
Chartwell Investment Partners, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Chartwell Small Cap Growth Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2024, the U.S. economy showed signs of moderate growth, with indications of an upturn towards the end of the period. The Federal Reserve sees the economic performance as a “Goldilocks” scenario, balanced, with slowing demand, moderate wage pressure, and strong job growth. Future economic trends will determine interest rate decisions. High levels of fiscal spending, new home construction, industrial investments, and moderate wage growth are expected to support economic expansion over the near term. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Carillon Chartwell Small Cap Growth Fund highlighted stocks like Integral Ad Science Holding Corp. (NASDAQ:IAS), in the first quarter 2024 investor letter. Integral Ad Science Holding Corp. (NASDAQ:IAS) is a digital advertising verification company. The one-month return of Integral Ad Science Holding Corp. (NASDAQ:IAS) was -1.03%, and its shares lost 47.00% of their value over the last 52 weeks. On June 25, 2024, Integral Ad Science Holding Corp. (NASDAQ:IAS) stock closed at $9.62 per share with a market capitalization of $1.544 billion.