Spoof Access

×
OEGYX

Discovery Mid Cap Growth Fund

x
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 10/12/2018)
$23.55
Total Assets
(as of 09/30/2018)
$1.37 BN
Gross Expense Ratio
(as of 09/30/2018)
0.87%
Net Expense Ratio
(as of 09/30/2018)
0.87%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 09/30/2018
  • H
as of 09/30/2018
  • H

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
15.34% 23.11% 16.32% 12.79% 12.31% 8.07%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 5.90%
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
15.34% 23.11% 16.32% 12.79% 12.31% 8.07%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 5.90%
Gross Expense Ratio: 0.87% | Net Expense Ratio: 0.87%

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% -11.29%
2002 -36.50% 0.07%
2003 64.74% -0.87%
2004 5.96% -0.18%
2005 5.26% 5.50%
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
9/30/2008 0.00 0.00 0.00 0.00
10/31/2008 -18.90 -22.52 -18.96 -16.79
11/30/2008 -28.20 -31.26 -24.21 -22.77
12/31/2008 -25.50 -27.77 -21.77 -21.94
1/31/2009 -29.00 -32.12 -28.63 -28.52
2/28/2009 -35.50 -37.99 -35.93 -36.13
3/31/2009 -31.50 -32.09 -31.10 -30.54
4/30/2009 -27.10 -21.98 -23.37 -23.89
5/31/2009 -25.10 -19.18 -16.43 -19.63
6/30/2009 -23.10 -17.29 -16.81 -19.47
7/31/2009 -19.00 -10.86 -9.76 -13.38
8/31/2009 -17.90 -9.04 -6.04 -10.26
9/30/2009 -13.30 -3.08 -2.29 -6.91
10/31/2009 -16.90 -8.41 -4.03 -8.64
11/30/2009 -13.50 -5.01 -0.11 -3.16
12/31/2009 -7.50 2.31 1.68 -1.29
1/31/2010 -12.90 -1.90 -2.52 -4.84
2/28/2010 -8.20 3.09 -1.14 -1.89
3/31/2010 -2.40 11.33 4.98 4.03
4/30/2010 0.60 15.22 4.99 5.67
5/31/2010 -6.40 7.40 -5.06 -2.76
6/30/2010 -12.10 0.45 -8.32 -7.85
7/31/2010 -6.60 7.15 -0.89 -1.40
8/31/2010 -9.70 0.36 -4.59 -5.85
9/30/2010 1.10 13.66 4.31 2.55
10/31/2010 5.70 17.93 8.20 6.45
11/30/2010 11.50 22.68 5.86 6.47
12/31/2010 16.90 31.84 13.65 13.58
1/31/2011 19.10 33.34 16.21 16.28
2/28/2011 26.40 40.64 20.28 20.26
3/31/2011 31.50 44.81 19.10 20.31
4/30/2011 35.30 49.87 24.16 23.87
5/31/2011 32.70 48.02 21.58 22.47
6/30/2011 33.60 45.36 19.66 20.43
7/31/2011 29.60 39.72 17.49 17.98
8/31/2011 19.10 28.28 9.21 11.57
9/30/2011 8.70 14.32 -0.22 3.73
10/31/2011 21.30 31.98 10.10 15.06
11/30/2011 20.90 31.35 7.41 14.81
12/31/2011 17.30 29.77 7.35 15.98
1/31/2012 24.40 39.77 12.74 21.18
2/29/2012 32.20 46.20 18.24 26.42
3/31/2012 36.20 48.72 19.76 30.58
4/30/2012 38.40 47.45 18.40 29.76
5/31/2012 29.40 36.34 8.18 21.96
6/30/2012 32.80 40.73 13.70 26.99
7/31/2012 31.10 39.33 15.16 28.75
8/31/2012 36.20 44.71 18.08 31.65
9/30/2012 38.70 48.07 21.32 35.05
10/31/2012 33.60 45.28 20.50 32.56
11/30/2012 34.80 47.83 22.04 33.33
12/31/2012 35.50 50.70 24.34 34.54
1/31/2013 43.00 61.05 30.67 41.51
2/28/2013 43.30 62.05 30.89 43.43
3/31/2013 47.40 69.09 33.95 48.81
4/30/2013 47.40 69.68 38.17 51.68
5/31/2013 50.40 76.65 38.22 55.23
6/30/2013 49.60 74.54 34.82 53.14
7/31/2013 59.70 85.40 41.92 60.94
8/31/2013 60.60 81.87 38.90 56.27
9/30/2013 70.50 90.84 45.84 61.18
10/31/2013 76.50 95.85 51.55 68.58
11/30/2013 78.10 100.17 54.24 73.72
12/31/2013 82.96 106.55 57.51 78.12
1/31/2014 82.43 102.06 51.67 71.96
2/28/2014 95.31 114.75 59.27 79.83
3/31/2014 83.90 110.77 59.50 81.34
4/30/2014 71.33 107.68 61.13 82.68
5/31/2014 74.89 113.32 64.30 86.97
6/30/2014 84.00 119.99 67.24 90.83
7/31/2014 78.35 113.42 64.57 88.20
8/31/2014 87.98 124.91 68.20 95.73
9/30/2014 83.48 118.39 63.63 92.98
10/31/2014 88.09 124.42 64.69 97.70
11/30/2014 93.11 131.79 67.99 103.01
12/31/2014 92.84 131.14 65.28 102.50
1/31/2015 91.44 127.24 62.29 96.42
2/28/2015 105.61 142.88 71.80 107.71
3/31/2015 108.29 143.57 69.11 104.43
4/30/2015 104.45 141.86 73.07 106.39
5/31/2015 110.61 144.73 73.67 109.04
6/30/2015 111.19 140.79 69.63 104.99
7/31/2015 116.42 144.69 72.68 109.29
8/31/2015 104.57 130.45 61.25 96.66
9/30/2015 96.79 121.55 55.30 91.80
10/31/2015 106.08 135.50 67.61 107.98
11/30/2015 107.59 136.01 66.78 108.59
12/31/2015 104.59 130.68 63.84 105.30
1/31/2016 90.18 113.21 54.04 95.12
2/29/2016 86.42 116.55 52.90 94.85
3/31/2016 97.56 132.01 63.27 108.07
4/30/2016 99.14 131.87 65.85 108.88
5/31/2016 105.68 135.67 66.79 112.63
6/30/2016 107.62 135.64 64.92 113.18
7/31/2016 116.34 147.31 71.88 121.04
8/31/2016 115.85 146.58 72.03 121.35
9/30/2016 114.64 146.46 72.94 121.39
10/31/2016 105.68 136.44 69.59 117.35
11/30/2016 111.25 146.72 72.03 125.40
12/31/2016 108.46 147.58 76.15 129.86
1/31/2017 118.11 155.83 80.40 134.22
2/28/2017 124.71 163.19 85.41 143.52
3/31/2017 125.93 164.65 87.38 143.80
4/30/2017 130.21 168.58 90.16 146.31
5/31/2017 139.37 174.99 94.18 149.77
6/30/2017 137.91 175.80 94.93 151.33
7/31/2017 141.82 180.41 99.59 156.50
8/31/2017 145.48 182.39 99.87 157.28
9/30/2017 150.13 190.38 104.36 162.59
10/31/2017 162.10 198.50 108.22 168.72
11/30/2017 167.84 208.48 112.73 176.96
12/31/2017 166.79 210.14 115.61 180.04
1/31/2018 183.38 227.69 126.99 196.07
2/28/2018 173.21 217.40 117.59 185.16
3/31/2018 172.94 216.88 112.85 177.91
4/30/2018 172.81 213.89 115.29 178.98
5/31/2018 183.78 225.63 116.64 185.70
6/30/2018 182.71 226.89 116.54 187.46
7/31/2018 188.20 233.90 123.30 198.15
8/31/2018 208.00 253.15 126.06 207.87
9/30/2018 207.33 251.65 127.32 209.62

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 10/15/2018

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

(34.1% of assets as of 09/30/2018)


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 97.3% 100.0% -2.6%
Canada 0.4% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 97.8% 100.0% -2.2%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 28.0% 31.2% -3.2%
Industrials 17.5% 16.5% 1.0%
Consumer Discretionary 17.0% 16.4% 0.7%
Health Care 16.4% 15.3% 1.1%
Financials 6.4% 6.7% -0.3%
Materials 3.5% 3.6% -0.1%
Consumer Staples 2.9% 2.9% 0.0%
Energy 2.4% 1.7% 0.7%
Communication Services 2.4% 3.8% -1.4%
Real Estate 1.2% 2.0% -0.8%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 12.0% 10.5% 1.5%
IT Services 9.2% 8.4% 0.8%
Health Care Equipment & Supplies 8.4% 5.9% 2.4%
Professional Services 5.0% 2.0% 3.0%
Hotels Restaurants & Leisure 4.9% 3.6% 1.3%
Commercial Services & Supplies 4.8% 1.3% 3.5%
Specialty Retail 4.0% 4.7% -0.7%
Electronic Equipment Instruments & Components 3.9% 2.5% 1.4%
Life Sciences Tools & Services 3.7% 1.6% 2.2%
Capital Markets 3.3% 4.6% -1.4%
Food Products 2.9% 1.0% 1.9%
Health Care Providers & Services 2.8% 2.7% 0.1%
Textiles Apparel & Luxury Goods 2.6% 2.1% 0.4%
Oil Gas & Consumable Fuels 2.4% 1.7% 0.8%
Chemicals 2.1% 1.4% 0.7%
Machinery 1.7% 4.0% -2.3%
Distributors 1.6% 0.3% 1.4%
Industrial Conglomerates 1.6% 0.2% 1.4%
Banks 1.6% 0.8% 0.8%
Biotechnology 1.5% 3.5% -2.0%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 97.8% 100.0% -2.2%
Net Cash and Equivalents 2.2% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 64.1% 57.8% 6.3%
Large 33.1% 41.3% -8.1%
Small 0.5% 0.9% -0.4%
Analytics
(As of 09/30/2018)

Morningstar 09/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
540
Category
Mid-Cap Growth
Analyst Rating (as of 7/31/18)
Bronze
Performance Statistics
3Y
5Y
Alpha
0.57
-0.05
Beta
0.94
1.00
Information Ratio
-0.09
-0.05
R-Squared
86.38
83.24
Sharpe Ratio
1.42
1.05
Standard Deviation
10.44
11.70
Sortino Ratio
2.71
1.79
Win Ratio
58.00
60.00
Loss Ratio
42.00
40.00
Tracking Error
3.89
4.78
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.99 B
$16.82 B
Median Market Cap (weighted)
$14.35 B
$15.35 B
P/E Ratio (LTM)
36.91
29.55
P/E Ratio (NTM)
27.39
22.10
Price/Book
6.47
6.99
Return on Equity
14.22%
17.16%
EPS Growth Rate 3Y
32.20%
19.74%
EPS Growth Rate 5Y
32.20%
19.74%
Sales Growth Rate 3Y
16.95%
13.37%
Sales Growth Rate 5Y
16.95%
-
Turnover Ratio
139%
-
Active Share
73.09%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2017
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • D
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Tools
Morningstar logo 95x28 trans
Documents
  1. 1. 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. The index returns are made up of the returns of (i) the Russell 2500™ Growth Index from November, 1, 2000 through June 30, 2013, and (ii) the Russell Midcap® Growth Index from July 1, 2013 to present.  Index performance includes total returns from when first available. The Russell Midcap® Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe. It includes those Russell Midcap® Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2500™ Growth Index measures the performance of the small to mid-cap growth segment of the U.S. equity universe. It includes those Russell 2500 companies with higher price-to-book ratios and higher forecasted growth values. The indices are 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. 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.
  9. 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.
  10. 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.
  11. D. There is no guarantee of the payment of any dividend or other distributions at any level.
  12. E. 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.
  13. F. 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.
  14. G. 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.
     
  15. H. 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.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )