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OEGYX

Discovery Mid Cap Growth Fund

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Overview

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

Inception Date
November 1, 2000
Investment Style
Mid Cap Growth
Fund Index
Russell Midcap® Growth Index
CUSIP
68379Y501
NAV
  • A
(as of 01/16/2018)
$23.21
Total Assets
(as of 12/31/2017)
$1.04 BN
Gross Expense Ratio
(as of 12/31/2017)
0.90%
Net Expense Ratio
(as of 12/31/2017)
0.90%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 12/31/2017
  • J
as of 12/31/2017
  • J

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
ytd as of 2017-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
28.37% 28.37% 11.70% 14.83% 8.60% 7.54%
Russell Midcap® Growth Index
25.27% 25.27% 10.30% 15.53% 9.65% -
Cumulative
Annualized
ytd as of 2017-12-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
28.37% 28.37% 11.70% 14.83% 8.60% 7.54%
Russell Midcap® Growth Index
25.27% 25.27% 10.30% 15.53% 9.65% -
Gross Expense Ratio: 0.90% | Net Expense Ratio: 0.90%

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 Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.


Year Discovery Mid Cap Growth Fund Russell Midcap® Growth Index
2001 0.62% -10.83%
2002 -36.50% -29.09%
2003 64.74% 46.31%
2004 5.96% 14.59%
2005 5.26% 8.17%
2006 7.37% 12.26%
2007 24.05% 9.69%
2008 -38.46% -41.50%
2009 24.87% 41.66%
2010 27.07% 28.86%
2011 0.88% -1.57%
2012 16.02% 16.13%
2013 35.55% 37.06%
2014 5.68% 11.90%
2015 6.29% -0.20%
2016 2.15% 7.33%
2017 28.37% 25.27%

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 Y shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.


Date Discovery Mid Cap Growth Fund Russell Midcap® Growth Index (Linked Index) MSCI World S&P 500
12/31/2007 0.00 0.00 0.00 0.00
1/31/2008 -10.91 -8.15 -7.64 -6.00
2/29/2008 -14.19 -9.99 -8.18 -9.05
3/31/2008 -15.26 -11.08 -9.06 -9.44
4/30/2008 -9.35 -5.73 -4.28 -5.03
5/31/2008 -4.02 -0.76 -2.82 -3.80
6/30/2008 -6.15 -7.86 -10.57 -11.91
7/31/2008 -6.07 -8.19 -12.75 -12.65
8/31/2008 -6.07 -6.65 -13.98 -11.39
9/30/2008 -17.97 -19.01 -24.21 -19.29
10/31/2008 -33.47 -37.25 -38.58 -32.84
11/30/2008 -41.10 -44.32 -42.56 -37.66
12/31/2008 -38.88 -41.50 -40.71 -37.00
1/31/2009 -41.76 -45.02 -45.91 -42.31
2/28/2009 -47.09 -49.78 -51.44 -48.45
3/31/2009 -43.81 -44.99 -47.78 -43.94
4/30/2009 -40.20 -36.81 -41.92 -38.57
5/31/2009 -38.56 -34.54 -36.66 -35.13
6/30/2009 -36.92 -33.01 -36.95 -35.00
7/31/2009 -33.55 -27.80 -31.61 -30.09
8/31/2009 -32.65 -26.33 -28.79 -27.56
9/30/2009 -28.88 -21.51 -25.95 -24.86
10/31/2009 -31.83 -25.82 -27.26 -26.26
11/30/2009 -29.04 -23.07 -24.29 -21.83
12/31/2009 -24.12 -17.13 -22.93 -20.32
1/31/2010 -28.55 -20.55 -26.12 -23.19
2/28/2010 -24.69 -16.50 -25.08 -20.81
3/31/2010 -19.93 -9.83 -20.44 -16.03
4/30/2010 -17.47 -6.68 -20.43 -14.71
5/31/2010 -23.22 -13.02 -28.05 -21.52
6/30/2010 -27.89 -18.64 -30.52 -25.63
7/31/2010 -23.38 -13.21 -24.88 -20.42
8/31/2010 -25.92 -18.71 -27.69 -24.01
9/30/2010 -17.06 -7.95 -20.94 -17.23
10/31/2010 -13.29 -4.49 -18.00 -14.08
11/30/2010 -8.53 -0.64 -19.77 -14.07
12/31/2010 -4.10 6.78 -13.87 -8.32
1/31/2011 -2.30 7.99 -11.92 -6.15
2/28/2011 3.69 13.91 -8.84 -2.93
3/31/2011 7.88 17.28 -9.74 -2.90
4/30/2011 10.99 21.38 -5.90 -0.02
5/31/2011 8.86 19.89 -7.85 -1.15
6/30/2011 9.60 17.73 -9.31 -2.80
7/31/2011 6.32 13.16 -10.96 -4.78
8/31/2011 -2.30 3.90 -17.23 -9.95
9/30/2011 -10.83 -7.41 -24.38 -16.28
10/31/2011 -0.49 6.89 -16.56 -7.13
11/30/2011 -0.82 6.38 -18.59 -7.33
12/31/2011 -3.77 5.10 -18.64 -6.39
1/31/2012 2.05 13.20 -14.56 -2.19
2/29/2012 8.45 18.41 -10.38 2.04
3/31/2012 11.73 20.45 -9.23 5.40
4/30/2012 13.54 19.42 -10.26 4.73
5/31/2012 6.15 10.43 -18.01 -1.56
6/30/2012 8.94 13.98 -13.83 2.50
7/31/2012 7.55 12.84 -12.72 3.92
8/31/2012 11.73 17.20 -10.51 6.26
9/30/2012 13.78 19.93 -8.05 9.01
10/31/2012 9.60 17.67 -8.67 6.99
11/30/2012 10.58 19.73 -7.50 7.61
12/31/2012 11.16 22.06 -5.76 8.59
1/31/2013 17.31 30.44 -0.96 14.22
2/28/2013 17.56 31.25 -0.80 15.77
3/31/2013 20.92 36.95 1.52 20.11
4/30/2013 20.92 37.43 4.72 22.43
5/31/2013 23.38 43.07 4.76 25.29
6/30/2013 22.72 41.36 2.18 23.61
7/31/2013 31.01 50.16 7.56 29.90
8/31/2013 31.75 47.30 5.27 26.13
9/30/2013 39.87 54.57 10.53 30.09
10/31/2013 44.79 58.62 14.86 36.07
11/30/2013 46.10 62.12 16.90 40.22
12/31/2013 50.09 67.29 19.38 43.77
1/31/2014 49.66 63.65 14.95 38.80
2/28/2014 60.22 73.93 20.71 45.14
3/31/2014 50.86 70.71 20.88 46.36
4/30/2014 40.55 68.20 22.12 47.45
5/31/2014 43.47 72.77 24.52 50.91
6/30/2014 50.95 78.18 26.75 54.03
7/31/2014 46.31 72.85 24.73 51.90
8/31/2014 54.21 82.16 27.48 57.98
9/30/2014 50.52 76.88 24.02 55.76
10/31/2014 54.30 81.76 24.82 59.57
11/30/2014 58.42 87.74 27.32 63.86
12/31/2014 58.19 87.20 25.27 63.45
1/31/2015 57.05 84.05 23.00 58.54
2/28/2015 68.68 96.72 30.21 67.65
3/31/2015 70.87 97.27 28.17 65.00
4/30/2015 67.72 95.89 31.17 66.58
5/31/2015 72.77 98.21 31.62 68.72
6/30/2015 73.25 95.02 28.56 65.46
7/31/2015 77.54 98.18 30.87 68.92
8/31/2015 67.82 86.65 22.21 58.73
9/30/2015 61.43 79.44 17.70 54.81
10/31/2015 69.06 90.73 27.03 67.86
11/30/2015 70.30 91.15 26.40 68.36
12/31/2015 67.83 86.83 24.18 65.71
1/31/2016 56.01 72.69 16.75 57.48
2/29/2016 52.93 75.39 15.88 57.27
3/31/2016 62.07 87.91 23.74 67.94
4/30/2016 63.36 87.80 25.70 68.59
5/31/2016 68.73 90.88 26.41 71.62
6/30/2016 70.32 90.85 24.99 72.06
7/31/2016 77.47 100.30 30.27 78.41
8/31/2016 77.08 99.71 30.38 78.66
9/30/2016 76.08 99.61 31.07 78.69
10/31/2016 68.73 91.50 28.54 75.43
11/30/2016 73.30 99.83 30.38 81.93
12/31/2016 71.01 100.52 33.50 85.53
1/31/2017 78.93 107.21 36.73 89.04
2/28/2017 84.34 113.16 40.52 96.55
3/31/2017 85.34 114.35 42.02 96.78
4/30/2017 88.85 117.53 44.12 98.80
5/31/2017 96.37 122.72 47.17 101.60
6/30/2017 95.16 123.38 47.73 102.86
7/31/2017 98.37 127.11 51.27 107.03
8/31/2017 101.38 128.71 51.48 107.66
9/30/2017 105.19 135.18 54.88 111.95
10/31/2017 115.01 141.76 57.81 116.89
11/30/2017 119.72 149.84 61.23 123.54
12/31/2017 118.86 151.19 0.00 0.00

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 Y 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 01/17/2018

Date 2013 2014 2015 2016 2017
Short Term 0.1317
Long Term 0.7847 1.7708 0.7206 0.1518 1.7268
Total Amount of Distribution 0.7847 1.7708 0.7206 0.1518 1.8585
Record Date 12/10/13 12/9/14 12/2/15 12/5/16 12/4/17
Ex Div Date 12/11/13 12/10/14 12/3/15 12/6/16 12/5/17
Pay Date 12/12/13 12/10/14 12/3/15 12/6/16 12/5/17

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

Portfolio

Top Issuers

(30.1% of assets as of 12/31/2017)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
United States 95.9% 99.5% -3.5%
Canada 2.7% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 98.7% 99.5% -0.8%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 25.0% 28.0% -2.9%
Industrials 20.4% 17.2% 3.2%
Consumer Discretionary 15.2% 17.6% -2.3%
Health Care 14.3% 13.2% 1.1%
Financials 9.8% 7.3% 2.5%
Materials 6.4% 6.4% 0.0%
Real Estate 2.9% 3.3% -0.4%
Consumer Staples 2.5% 4.2% -1.7%
Energy 2.1% 2.5% -0.4%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 8.1% 7.3% 0.8%
Hotels Restaurants & Leisure 6.1% 3.7% 2.4%
Health Care Equipment & Supplies 5.6% 3.8% 1.8%
Capital Markets 5.6% 4.5% 1.1%
Semiconductors & Semiconductor Equipment 5.3% 6.0% -0.8%
IT Services 4.7% 8.2% -3.5%
Electronic Equipment Instruments & Components 4.6% 2.9% 1.7%
Machinery 4.6% 4.7% -0.1%
Life Sciences Tools & Services 4.4% 3.0% 1.4%
Chemicals 3.7% 2.5% 1.3%
Household Durables 3.0% 1.2% 1.7%
Equity Real Estate Investment Trusts (REITs) 2.9% 3.2% -0.2%
Commercial Services & Supplies 2.8% 1.1% 1.7%
Internet Software & Services 2.4% 1.5% 0.9%
Building Products 2.3% 1.5% 0.8%
Insurance 2.2% 1.6% 0.6%
Banks 2.1% 1.0% 1.0%
Air Freight & Logistics 2.0% 0.9% 1.1%
Containers & Packaging 2.0% 2.5% -0.5%
Aerospace & Defense 1.7% 1.9% -0.2%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 98.7% 100.0% -1.3%
Net Cash and Equivalents 1.3% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 74.6% 69.5% 5.1%
Large 22.9% 26.8% -3.9%
Small 1.2% 3.7% -2.5%
Analytics
(As of 12/31/2017)

Morningstar 12/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
562
Category
Mid-Cap Growth
Analyst Rating (as of 10/18/17)
Bronze
Performance Statistics
3Y
5Y
Alpha
2.12
0.18
Beta
0.91
0.95
Information Ratio
0.33
-0.14
R-Squared
85.83
81.19
Sharpe Ratio
1.04
1.23
Standard Deviation
10.88
11.59
Sortino Ratio
0.51
0.62
Win Ratio
64.00
57.00
Loss Ratio
36.00
43.00
Tracking Error
4.20
5.05
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2017
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.70 B
$15.60 B
Median Market Cap (weighted)
$12.90 B
$13.70 B
P/E Ratio (LTM)
31.36
28.95
P/E Ratio (NTM)
23.13
21.63
Price/Book
5.01
6.08
Return on Equity
17.86%
18.93%
EPS Growth Rate 5Y
20.13%
-
Sales Growth Rate 5Y
13.95%
-
Turnover Ratio
139.00%
-
Distribution Sources
  • D
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Documents
  1. 1. Special Risks:  Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Investments in securities of growth companies may be volatile. Mid-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 mid-sized company, if any gain is realized at all. 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. Access index definitions.
  4. 4. Holdings are subject to change, and are dollar weighted based on total net 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 more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar's Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive 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 cause Mstar'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. 8. Prior to 7/1/14, Class R shares were named Class N shares. Beginning 7/1/14, new purchases of Class R shares will no longer be subject to a CDSC upon redemption (any CDSC will remain in effect for purchases prior to 7/1/14),
  9. A. 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.
  10. B. 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.
  11. C. "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.
  12. D. There is no guarantee of the payment of any dividend or other distributions at any level.
  13. E. Class B shares convert to Class A shares 72 months after purchase; therefore "since inception", "10-year" and "15-year" returns for Class B (if applicable) use Class A performance for period after conversion.
  14. F. 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 contingent deferred sales charges (CDSC) for years 1-6 of 5%, 4%, 3%, 3%, 2% and 1%, respectively, where with sales charge is indicated. Class B 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. 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.
  16. 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.
  17. I. 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 are subject to a 0.25% annual asset-backed sales charge. Prior to 7/1/14, Class R shares were named Class N shares and were subject to a 1% CDSC (18 months). Returns do not consider capital gains or income taxes on an individual's investment.
  18. J. 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 Y 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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