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ODINX

Discovery Fund
  • A,B
  • 1

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Special Notice

As of 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus for further information.

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Overview

The Strategy typically invests in small-cap U.S. growth stocks.

Inception Date
March 1, 2001
Investment Style
Small Cap Growth
Fund Index
Russell 2000® Growth Index
CUSIP
683921506
NAV
  • C
(as of 02/22/2019)
$69.34
Total Assets
(as of 01/31/2019)
$2.29 BN
Gross Expense Ratio
(as of 01/31/2019)
1.33%
Net Expense Ratio
(as of 01/31/2019)
1.33%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 01/31/2019
  • I
as of 12/31/2018
  • I

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • I
Cumulative
Annualized
ytd as of 2018-12-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
-3.84% -3.84% 8.78% 5.02% 13.52% 6.67%
Russell 2000® Growth Index
-9.31% -9.31% 7.24% 5.13% 13.52% -
Cumulative
Annualized
ytd as of 2018-12-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (with sales charge)
-3.84% -3.84% 8.78% 5.02% 13.52% 6.67%
Russell 2000® Growth Index
-9.31% -9.31% 7.24% 5.13% 13.52% -
Cumulative
Annualized
ytd as of 2019-01-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
11.43% 2.54% 16.62% 7.67% 15.32% 7.29%
Russell 2000® Growth Index
11.55% -2.63% 15.55% 7.83% 15.68% -
Cumulative
Annualized
ytd as of 2019-01-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (with sales charge)
11.43% 2.54% 16.62% 7.67% 15.32% 7.29%
Russell 2000® Growth Index
11.55% -2.63% 15.55% 7.83% 15.68% -
Gross Expense Ratio: 1.33% | Net Expense Ratio: 1.33%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 


Year Discovery Fund Russell 2000® Growth Index
2002 -24.35% -30.26%
2003 38.68% 48.54%
2004 3.67% 14.31%
2005 1.05% 4.15%
2006 4.56% 13.35%
2007 25.36% 7.05%
2008 -38.76% -38.54%
2009 26.99% 34.47%
2010 27.43% 29.09%
2011 1.20% -2.91%
2012 16.67% 14.59%
2013 45.67% 43.30%
2014 -2.45% 5.60%
2015 1.71% -1.38%
2016 3.96% 11.32%
2017 28.78% 22.17%
2018 -3.84% -9.31%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 


Date Discovery Fund Russell 2000® Growth Index MSCI World S&P 500
1/31/2009 0.00 0.00 0.00 0.00
2/28/2009 -9.14 -10.35 -10.24 -10.65
3/31/2009 -3.96 -2.31 -3.47 -2.82
4/30/2009 2.12 12.40 7.36 6.48
5/31/2009 5.24 16.75 17.09 12.44
6/30/2009 8.44 20.53 16.56 12.66
7/31/2009 14.89 29.88 26.43 21.18
8/31/2009 16.37 31.14 31.65 25.56
9/30/2009 23.70 39.75 36.90 30.24
10/31/2009 17.83 30.05 34.46 27.82
11/30/2009 23.24 34.07 39.96 35.49
12/31/2009 33.63 45.54 42.47 38.10
1/31/2010 26.76 39.03 36.58 33.14
2/28/2010 31.78 45.10 38.51 37.26
3/31/2010 42.31 56.62 47.08 45.54
4/30/2010 46.73 63.20 47.10 47.84
5/31/2010 37.62 52.41 33.01 36.04
6/30/2010 28.45 42.18 28.45 28.92
7/31/2010 34.50 51.58 38.87 37.95
8/31/2010 28.03 40.53 33.68 31.72
9/30/2010 44.28 60.42 46.15 43.48
10/31/2010 52.85 67.33 51.60 48.93
11/30/2010 61.14 74.62 48.32 48.95
12/31/2010 70.70 87.88 59.23 58.91
1/31/2011 73.94 86.83 62.83 62.67
2/28/2011 86.99 97.81 68.53 68.25
3/31/2011 95.97 105.23 66.86 68.31
4/30/2011 105.36 112.63 73.95 73.30
5/31/2011 99.67 108.48 70.34 71.34
6/30/2011 98.52 104.02 67.65 68.48
7/31/2011 90.16 96.03 64.61 65.06
8/31/2011 74.33 79.24 53.01 56.09
9/30/2011 59.50 58.63 39.80 45.12
10/31/2011 77.78 83.79 54.26 60.98
11/30/2011 76.39 82.82 50.49 60.62
12/31/2011 73.21 82.41 50.41 62.26
1/31/2012 81.91 96.06 57.95 69.54
2/29/2012 93.10 102.52 65.67 76.87
3/31/2012 98.40 106.63 67.80 82.69
4/30/2012 103.52 103.24 65.89 81.54
5/31/2012 89.84 88.75 51.57 70.63
6/30/2012 95.11 98.49 59.30 77.66
7/31/2012 95.53 95.03 61.35 80.13
8/31/2012 104.22 102.03 65.44 84.18
9/30/2012 110.33 108.09 69.98 88.94
10/31/2012 102.72 101.62 68.83 85.46
11/30/2012 100.10 103.17 70.99 86.53
12/31/2012 102.64 109.02 74.21 88.23
1/31/2013 114.41 122.78 83.08 97.98
2/28/2013 114.93 125.14 83.39 100.67
3/31/2013 125.77 136.64 87.68 108.19
4/30/2013 123.67 135.08 93.59 112.21
5/31/2013 134.30 147.01 93.67 117.17
6/30/2013 136.13 145.47 88.89 114.25
7/31/2013 155.20 164.04 98.84 125.16
8/31/2013 158.84 158.88 94.61 118.63
9/30/2013 174.64 176.90 104.34 125.49
10/31/2013 181.14 181.95 112.34 135.86
11/30/2013 188.06 193.53 116.11 143.04
12/31/2013 196.09 199.53 120.68 149.20
1/31/2014 191.34 194.36 112.51 140.58
2/28/2014 206.41 208.59 123.15 151.59
3/31/2014 189.00 200.98 123.47 153.70
4/30/2014 163.72 185.53 125.76 155.58
5/31/2014 162.79 188.29 130.20 161.58
6/30/2014 182.32 206.17 134.32 166.98
7/31/2014 164.91 187.63 130.58 163.30
8/31/2014 177.45 203.67 135.66 173.83
9/30/2014 168.58 187.41 129.27 169.99
10/31/2014 182.50 205.24 130.75 176.58
11/30/2014 185.21 207.21 135.37 184.02
12/31/2014 189.59 216.32 131.58 183.31
1/31/2015 184.40 209.10 127.38 174.80
2/28/2015 205.76 231.34 140.70 190.60
3/31/2015 211.07 237.29 136.94 186.00
4/30/2015 199.96 227.37 142.49 188.74
5/31/2015 214.67 239.39 143.33 192.46
6/30/2015 222.06 243.96 137.67 186.80
7/31/2015 232.56 245.36 141.94 192.80
8/31/2015 205.19 219.19 125.93 175.14
9/30/2015 191.22 199.03 117.59 168.33
10/31/2015 202.29 215.99 134.84 190.97
11/30/2015 207.03 227.57 133.67 191.83
12/31/2015 195.34 211.95 129.56 187.23
1/31/2016 167.14 178.15 115.83 172.97
2/29/2016 161.78 176.18 114.22 172.61
3/31/2016 178.21 197.34 128.76 191.10
4/30/2016 182.70 200.30 132.38 192.23
5/31/2016 190.41 208.39 133.68 197.48
6/30/2016 197.08 206.97 131.06 198.25
7/31/2016 209.50 227.05 140.83 209.24
8/31/2016 210.63 230.52 141.03 209.68
9/30/2016 210.59 235.28 142.31 209.74
10/31/2016 194.68 214.45 137.62 204.09
11/30/2016 212.55 242.58 141.03 215.35
12/31/2016 207.81 247.25 146.80 221.58
1/31/2017 220.98 252.89 152.76 227.68
2/28/2017 228.16 261.54 159.77 240.69
3/31/2017 234.71 265.83 162.54 241.09
4/30/2017 242.88 272.56 166.42 244.59
5/31/2017 247.93 269.18 172.06 249.44
6/30/2017 251.88 281.88 173.11 251.62
7/31/2017 256.47 285.13 179.64 258.85
8/31/2017 255.74 284.68 180.04 259.95
9/30/2017 271.51 305.63 186.32 267.38
10/31/2017 285.37 311.91 191.73 275.95
11/30/2017 297.32 323.74 198.06 287.48
12/31/2017 297.44 324.23 202.09 291.79
1/31/2018 315.43 340.76 218.04 314.22
2/28/2018 309.38 328.22 204.86 298.95
3/31/2018 313.48 333.98 198.22 288.81
4/30/2018 311.48 334.41 201.64 290.30
5/31/2018 343.88 361.76 203.53 299.70
6/30/2018 344.64 365.37 203.39 302.16
7/31/2018 351.41 373.37 212.86 317.13
8/31/2018 390.16 402.84 216.73 330.72
9/30/2018 385.80 391.07 218.50 333.17
10/31/2018 328.19 328.93 195.11 303.57
11/30/2018 332.14 335.64 198.46 311.79
12/31/2018 283.14 284.74 175.77 274.61
1/31/2019 327.09 329.17 197.23 304.63

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 

$ per share as of 02/22/2019

Date 2014 2015 2016 2017 2018
Short Term 0.8881
Long Term 7.0126 4.6368 2.9326 9.6645 11.0579
Total Amount of Distribution 7.0126 4.6368 2.9326 9.6645 11.9460
Record Date 12/2/14 12/2/15 12/5/16 12/4/17 12/6/18
Ex Div Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18
Pay Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(38.1% of assets as of 01/31/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Discovery Fund Russell 2000® Growth Index Overweight / Underweight
United States 96.8% 99.9% -3.2%
Canada 0.9% 0.1% 0.9%
Developed Markets Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Americas 97.7% 100.0% -2.3%
Equity Sector Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Health Care 25.9% 26.3% -0.4%
Information Technology 22.6% 18.6% 4.0%
Consumer Discretionary 17.9% 14.8% 3.0%
Industrials 14.4% 17.8% -3.4%
Financials 7.8% 7.2% 0.6%
Materials 4.0% 3.4% 0.6%
Consumer Staples 3.0% 2.9% 0.0%
Communication Services 1.4% 3.5% -2.1%
Energy 0.7% 1.8% -1.1%
Industry Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Software 14.4% 10.0% 4.3%
Health Care Equipment & Supplies 11.0% 6.4% 4.6%
Hotels Restaurants & Leisure 5.6% 4.6% 1.0%
Biotechnology 5.6% 11.5% -5.9%
Aerospace & Defense 4.9% 1.2% 3.7%
Life Sciences Tools & Services 4.5% 0.7% 3.8%
Machinery 4.2% 4.6% -0.4%
Health Care Providers & Services 3.2% 2.9% 0.3%
Diversified Consumer Services 3.1% 1.0% 2.2%
Chemicals 2.9% 2.3% 0.6%
Insurance 2.6% 1.5% 1.1%
Building Products 2.4% 2.1% 0.3%
Food Products 2.4% 0.8% 1.6%
Semiconductors & Semiconductor Equipment 2.3% 3.5% -1.2%
Internet Software & Services 2.2% 0.4% 1.8%
IT Services 2.2% 2.1% 0.2%
Multiline Retail 1.9% 0.4% 1.4%
Internet & Direct Marketing Retail 1.9% 1.7% 0.2%
Capital Markets 1.9% 1.4% 0.5%
Distributors 1.8% 0.0% 1.8%
Asset Allocation Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Equity 97.7% 100.0% -2.3%
Market Cap Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Mid 69.9% 31.6% 38.3%
Small 27.8% 68.4% -40.6%
Analytics
(As of 01/31/2019)

Morningstar 01/31/2019 (based on risk adjusted performance)
Overall Rating
Number of Funds
585
Category
Small Growth
Analyst Rating (as of 7/19/18)
Silver
Performance Statistics
3Y
5Y
Alpha
2.19
0.35
Beta
0.91
0.93
Information Ratio
0.21
-0.03
R-Squared
90.23
90.38
Sharpe Ratio
0.99
0.49
Standard Deviation
15.65
16.69
Upside Capture
92.53
94.09
Downside Capture
78.06
92.84
Sortino Ratio
1.51
0.69
Win Ratio
50.00
50.00
Loss Ratio
50.00
50.00
Tracking Error
5.14
5.30
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$4.59 B
$2.49 B
Median Market Cap (weighted)
$4.65 B
$2.25 B
P/E Ratio (LTM)
51.80
33.71
P/E Ratio (NTM)
32.64
23.31
Price/Book
5.79
3.96
Return on Equity
5.94%
8.83%
EPS Growth Rate 5Y
41.77%
-
Sales Growth Rate 5Y
18.38%
-
Turnover Ratio
91%
-
Active Share
84.19%
-
Dividends
  • F
Est. Frequency
Annual
Last Pay Date
12/7/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • F
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Team
Tools
Morningstar logo 95x28 trans
Documents
  1. 1. Small-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized company, if any gain is realized at all. Investments in securities of growth companies may be volatile. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less.  These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. The Russell 2000® Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth values. The index is unmanaged and cannot be purchased directly by investors.   Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  4. 4. Holdings are subject to change, and are dollar weighted based on total new assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the Fund’s net asset value and fluctuations of dividends and distributions paid by the Fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  6. 6. The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. (Mstar.) Mstar evaluates funds based on five key pillars (process, performance, people, parent and price). Mstar’s analysts use this evaluation to identify funds they believe are morelikely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weighting of each pillar may vary. The Analyst Rating reflects an overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with threepositive ratings (Gold, Silver, Bronze), a Neutral Rating and a Negative Rating, with Gold being the highest rating and Negative being the lowest rating. The Mstar analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Mstar’s current expectations about future events. Mstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may causeMstar’s expectations not to occur or to differ significantly.
  7. 7. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million.  Class I shares are sold at net asset value without a sales charge.  Please see Fund prospectuses for additional information.
  8. A. The Morningstar Rating&trade; for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. <b>The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.</b> The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not consider sales charges and are subject to change monthly. <strong>Past performance is no guarantee of future results</strong></p>
  9. B. Effective 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus supplement for further information.
  10. C. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  11. D. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.
  12. E. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund).  These returns would be lower if sales charges were taken into consideration.  Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  13. F. There is no guarantee of the payment of any dividend or other distributions at any level.
  14. G. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions and a 1% contingent deferred sales charge for the first year where indicated.  Class C shares are subject to a 0.75% annual asset-backed sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
  15. H. The performance data quoted represents past performance, which does not guarantee future results.  The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class I shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
  16. I. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
     
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