Spoof Access

×
OSCVX

Dividend Opportunity Fund

x
Overview

The Strategy typically invests in dividend-paying value stocks.

Inception Date
February 27, 2004
Investment Style
Dividend Value
Fund Index
Russell 3000® Value Index
CUSIP
68382H305
NAV
  • B
(as of 03/18/2019)
$22.64
Total Assets
(as of 02/28/2019)
$258.41 MM
Gross Expense Ratio
(as of 02/28/2019)
1.88%
Net Expense Ratio
(as of 02/28/2019)
1.88%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 02/28/2019
  • C
as of 12/31/2018
  • C

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • C
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Dividend Opportunity Fund (NAV)
-9.56% -9.56% 5.03% 3.72% 9.11% 4.23%
Russell 3000® Value Index
-8.58% -8.58% 7.01% 5.77% 11.12% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Dividend Opportunity Fund (with sales charge)
-10.44% -10.44% 5.03% 3.72% 9.11% 4.23%
Russell 3000® Value Index
-8.58% -8.58% 7.01% 5.77% 11.12% -
Cumulative
Annualized
ytd as of 2019-02-28
  • D
1 yr 3 yr 5 yr 10 yr since inception
Dividend Opportunity Fund (NAV)
10.20% 0.57% 10.27% 6.14% 11.73% 4.86%
Russell 3000® Value Index
11.50% 3.28% 12.98% 7.97% 15.40% -
Cumulative
Annualized
ytd as of 2019-02-28
  • D
1 yr 3 yr 5 yr 10 yr since inception
Dividend Opportunity Fund (with sales charge)
9.20% -0.40% 10.27% 6.14% 11.73% 4.86%
Russell 3000® Value Index
11.50% 3.28% 12.98% 7.97% 15.40% -
Gross Expense Ratio: 1.88% | Net Expense Ratio: 1.88%

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.


Year Dividend Opportunity Fund Russell 3000® Value Index
2005 8.24% 6.85%
2006 19.40% 22.34%
2007 3.25% -1.01%
2008 -47.36% -36.25%
2009 40.21% 19.76%
2010 18.34% 16.23%
2011 -11.54% -0.10%
2012 10.78% 17.55%
2013 22.49% 32.69%
2014 4.13% 12.70%
2015 -0.49% -4.13%
2016 12.78% 18.40%
2017 13.60% 13.19%
2018 -9.56% -8.58%

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.


Date Dividend Opportunity Fund Russell 3000® Value Index MSCI World S&P 500
2/28/2009 0.00 0.00 0.00 0.00
3/31/2009 9.67 8.58 7.54 8.76
4/30/2009 22.32 20.66 19.60 19.17
5/31/2009 31.74 27.72 30.44 25.83
6/30/2009 32.94 26.83 29.85 26.08
7/31/2009 42.60 37.54 40.85 35.62
8/31/2009 51.31 44.68 46.66 40.52
9/30/2009 57.52 50.40 52.51 45.76
10/31/2009 52.98 45.36 49.79 43.05
11/30/2009 59.07 53.27 55.92 51.63
12/31/2009 61.29 56.67 58.72 54.56
1/31/2010 54.46 52.25 52.16 49.00
2/28/2010 59.25 57.23 54.30 53.62
3/31/2010 71.11 67.71 63.86 62.89
4/30/2010 73.74 72.67 63.88 65.46
5/31/2010 59.49 58.44 48.18 52.25
6/30/2010 49.20 49.11 43.10 44.28
7/31/2010 62.73 59.24 54.70 54.39
8/31/2010 52.19 52.02 48.93 47.42
9/30/2010 66.92 64.16 62.81 60.57
10/31/2010 75.30 69.20 68.88 66.68
11/30/2010 75.30 68.72 65.24 66.70
12/31/2010 90.86 82.09 77.39 77.84
1/31/2011 95.06 85.88 81.39 82.06
2/28/2011 100.44 92.94 87.74 88.30
3/31/2011 102.00 93.87 85.89 88.37
4/30/2011 108.23 98.86 93.79 93.95
5/31/2011 105.47 96.64 89.77 91.76
6/30/2011 99.13 92.54 86.77 88.56
7/31/2011 92.90 86.16 83.38 84.72
8/31/2011 74.46 74.14 70.46 74.69
9/30/2011 56.26 60.52 55.74 62.41
10/31/2011 73.86 79.26 71.85 80.16
11/30/2011 68.83 78.38 67.65 79.76
12/31/2011 68.83 81.91 67.56 81.60
1/31/2012 77.57 89.20 75.97 89.74
2/29/2012 83.08 96.36 84.56 97.94
3/31/2012 85.60 102.20 86.93 104.46
4/30/2012 80.81 100.07 84.81 103.17
5/31/2012 66.56 88.30 68.86 90.96
6/30/2012 72.18 97.62 77.46 98.83
7/31/2012 73.14 99.36 79.74 101.59
8/31/2012 77.81 103.83 84.30 106.13
9/30/2012 82.60 110.36 89.36 111.46
10/31/2012 81.88 109.20 88.08 107.56
11/30/2012 83.08 109.17 90.49 108.76
12/31/2012 87.03 113.83 94.08 110.66
1/31/2013 96.37 127.64 103.96 121.57
2/28/2013 95.77 130.85 104.30 124.58
3/31/2013 103.32 140.03 109.08 133.00
4/30/2013 105.83 143.36 115.67 137.49
5/31/2013 107.39 149.69 115.75 143.05
6/30/2013 103.92 147.58 110.43 139.79
7/31/2013 113.38 161.14 121.51 151.99
8/31/2013 105.35 151.11 116.80 144.69
9/30/2013 112.90 158.04 127.64 152.36
10/31/2013 121.04 169.11 136.55 163.96
11/30/2013 125.23 176.85 140.75 172.01
12/31/2013 129.10 183.72 145.85 178.89
1/31/2014 118.14 173.57 136.74 169.25
2/28/2014 125.01 185.46 148.59 181.57
3/31/2014 128.87 192.01 148.95 183.93
4/30/2014 132.26 193.96 151.50 186.03
5/31/2014 136.26 198.08 156.45 192.75
6/30/2014 141.77 206.28 161.04 198.79
7/31/2014 138.96 199.99 156.87 194.67
8/31/2014 144.21 211.17 162.53 206.46
9/30/2014 138.39 203.62 155.41 202.16
10/31/2014 139.86 211.52 157.06 209.54
11/30/2014 141.33 217.28 162.21 217.87
12/31/2014 138.58 219.74 157.99 217.07
1/31/2015 135.13 206.92 153.31 207.55
2/28/2015 145.96 221.72 168.15 225.23
3/31/2015 143.50 218.10 163.95 220.08
4/30/2015 148.70 220.30 170.14 223.15
5/31/2015 150.67 224.05 171.08 227.31
6/30/2015 143.66 218.11 164.77 220.97
7/31/2015 147.89 218.67 169.52 227.70
8/31/2015 134.72 199.95 151.69 207.93
9/30/2015 128.16 190.79 142.41 200.31
10/31/2015 143.90 212.28 161.61 225.64
11/30/2015 143.02 214.08 160.31 226.61
12/31/2015 137.40 206.54 155.74 221.46
1/31/2016 128.00 190.33 140.44 205.50
2/29/2016 126.12 190.41 138.65 205.09
3/31/2016 141.53 211.57 154.84 225.79
4/30/2016 146.07 218.12 158.88 227.05
5/31/2016 147.33 223.13 160.33 232.93
6/30/2016 149.48 225.80 157.41 233.79
7/31/2016 157.47 235.86 168.29 246.09
8/31/2016 157.59 238.87 168.51 246.58
9/30/2016 158.31 238.42 169.94 246.65
10/31/2016 154.23 232.74 164.71 240.32
11/30/2016 164.16 253.63 168.52 252.93
12/31/2016 167.75 262.94 174.94 259.90
1/31/2017 169.68 265.10 181.58 266.73
2/28/2017 177.51 277.59 189.39 281.29
3/31/2017 176.67 273.79 192.48 281.73
4/30/2017 177.05 273.26 196.81 285.65
5/31/2017 177.83 272.00 203.08 291.08
6/30/2017 180.90 278.61 204.25 293.52
7/31/2017 184.01 283.44 211.53 301.61
8/31/2017 180.51 278.61 211.97 302.84
9/30/2017 188.14 290.97 218.97 311.15
10/31/2017 193.22 293.63 225.00 320.75
11/30/2017 198.43 305.63 232.04 333.65
12/31/2017 204.15 310.82 236.53 338.47
1/31/2018 214.35 325.90 254.30 363.58
2/28/2018 201.40 305.49 239.62 346.49
3/31/2018 196.76 299.23 232.22 335.15
4/30/2018 200.43 300.97 236.04 336.82
5/31/2018 201.22 304.93 238.15 347.33
6/30/2018 199.53 306.06 237.98 350.09
7/31/2018 207.97 321.45 248.54 366.84
8/31/2018 208.89 327.97 252.85 382.05
9/30/2018 211.99 327.95 254.82 384.79
10/31/2018 194.91 304.59 228.76 351.66
11/30/2018 201.53 316.28 232.50 360.86
12/31/2018 175.06 275.58 207.22 319.25
1/31/2019 195.53 305.63 231.12 352.85
2/28/2019 203.12 318.79 241.08 367.39
Date Dividends
12/14/2009 0.046
12/5/2013 0.1104
3/19/2014 0.1087
6/18/2014 0.124
9/17/2014 0.1046
12/2/2014 0.0763
3/17/2015 0.0991
6/16/2015 0.0945
9/22/2015 0.0932
12/1/2015 0.0826
3/22/2016 0.0991
6/21/2016 0.1004
9/20/2016 0.1047
12/1/2016 0.1785
3/21/2017 0.1032
6/20/2017 0.098
9/19/2017 0.0974
12/1/2017 0.0872
3/20/2018 0.0957
6/19/2018 0.0926
9/18/2018 0.0944
12/10/2018 0.1158

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

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.

$ per share as of 03/19/2019

Date 2014 2015 2016 2017 2018
Short Term 0.0364
Long Term 0.3644
Total Amount of Distribution 0.4009
Record Date 12/7/18
Ex Div Date 12/10/18
Pay Date 12/10/18

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

Portfolio

Top Issuers

(47.3% of assets as of 02/28/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Market Cap 6
Country Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
United States 69.3% 99.7% -30.3%
United Kingdom 9.4% - -
Japan 4.1% - -
Canada 3.5% 0.0% 3.5%
Switzerland 2.0% - -
Germany 1.4% - -
Australia 1.4% - -
Netherlands 1.2% 0.2% 1.0%
Spain 0.7% - -
France 0.5% - -
Portugal 0.5% - -
Finland 0.5% - -
Italy 0.4% - -
Taiwan 0.2% - -
Developed Markets Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Americas 72.9% 99.7% -26.8%
Europe 16.6% 0.2% 16.4%
Asia Pacific 5.5% - -
Emerging Markets Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Asia Pacific 0.2% 0.1% 0.1%
Equity Sector Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Health Care 15.1% 14.4% 0.7%
Financials 14.8% 23.0% -8.2%
Energy 13.2% 9.2% 4.0%
Information Technology 10.4% 9.8% 0.6%
Consumer Staples 8.7% 7.4% 1.4%
Industrials 7.9% 8.1% -0.2%
Consumer Discretionary 6.4% 5.6% 0.8%
Communication Services 6.0% 6.8% -0.8%
Real Estate 4.3% 5.5% -1.2%
Utilities 4.3% 6.3% -2.0%
Materials 4.2% 4.0% 0.2%
Industry Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Oil Gas & Consumable Fuels 12.9% 8.3% 4.6%
Pharmaceuticals 10.8% 6.5% 4.3%
Banks 9.0% 11.6% -2.6%
Diversified Telecommunication Services 5.4% 3.4% 2.0%
Equity Real Estate Investment Trusts (REITs) 4.3% 5.3% -1.1%
Electric Utilities 4.3% 3.6% 0.7%
Communications Equipment 3.7% 2.1% 1.5%
Beverages 3.2% 0.5% 2.7%
Automobiles 2.9% 0.7% 2.2%
Capital Markets 2.7% 3.0% -0.3%
Software 2.5% 1.6% 0.9%
Metals & Mining 2.4% 0.7% 1.7%
Tobacco 2.4% 1.0% 1.4%
Health Care Providers & Services 2.2% 2.2% 0.0%
Insurance 2.1% 4.2% -2.1%
Aerospace & Defense 1.9% 1.4% 0.5%
Multiline Retail 1.7% 0.6% 1.1%
Trading Companies & Distributors 1.7% 0.2% 1.5%
Food & Staples Retailing 1.6% 1.7% -0.1%
Electronic Equipment Instruments & Components 1.5% 0.9% 0.7%
Asset Allocation Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Equity 95.2% 100.0% -4.8%
Market Cap Dividend Opportunity Fund Russell 3000® Value Index Overweight / Underweight
Large 84.9% 74.2% 10.7%
Mid 5.4% 19.2% -13.8%
Small 4.6% 6.6% -2.0%
Analytics
(As of 02/28/2019)

Morningstar 02/28/2019 (based on risk adjusted performance)
Overall Rating
Number of Funds
1095
Category
Large Value
Performance Statistics
3Y
5Y
Alpha
-0.99
-0.68
Beta
0.86
0.84
Information Ratio
-1.01
-0.57
R-Squared
95.41
92.53
Sharpe Ratio
0.89
0.58
Standard Deviation
10.15
9.91
Upside Capture
80.55
80.07
Downside Capture
81.87
82.18
Sortino Ratio
1.34
0.87
Win Ratio
44.00
47.00
Loss Ratio
56.00
53.00
Tracking Error
2.70
3.23
Yields
Dividend Yield (with sales charge)
0.00%
Dividend Yield (w/o sales charge)
2.17%
Standardized Yield
1.68%
Unsubsidized Yield
1.67%
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$131.47 B
$115.79 B
Median Market Cap (weighted)
$86.94 B
$56.84 B
P/E Ratio (LTM)
15.03
16.55
P/E Ratio (NTM)
12.85
14.22
Price/Book
2.12
2.03
Return on Equity
14.55%
12.51%
Turnover Ratio
63%
-
Active Share
77.38%
-
Dividends
  • E
Est. Frequency
Quarterly
Last Pay Date
12/10/2018
Per Share ($)
$0.1158
12-Month Distribution ($)
$0.3985
Distribution Sources
  • E
Net Income
19.70%
Net Profit from Sale
72.10%
Other Capital Sources
8.20%
Tools
Morningstar logo 95x28 trans
Documents
  1. 1. Effective on 12/11/13, the Fund mainly invests in dividend paying stocks that the portfolio manager believes are undervalued.  Performance prior to 12/11/13 is not indicative of performance for any subsequent periods.
  2. 2. There is no guarantee that the issuers of stocks will declare dividends in the future, or that dividends will remain at their current levels or increase over time. Value investing involves the risk that undervalued securities may not appreciate as anticipated. 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. 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.
  3. 3. 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.
  4. 4. The Russell 3000® Value Index measures the performance of the broad value segment of the U.S. equity universe. It includes those Russell 3000 companies with lower price-to-book ratios and lower 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.
  5. 5. 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.
  6. 6. 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.
  7. 7. The dividend (or distribution) yield is based on the pay date immediately preceding the nearest month-end or quarter-end.  The dividend yield for each share class is calculated by annualizing the dividend distributed by the class on that date and dividing that figure by the class's net asset value on that date.  For the Class A dividend yield with sales charge, the annualized Class A dividend distribution is divided by the Class A maximum offering price on that date.  Each result is compounded semiannually and annualized.  Falling share prices artificially increase yields.
  8. 8. Standardized yield for each share class is based on an SEC standardized formula designed to approximate a Fund's annualized hypothetical current income from securities less expenses for the 30-day period ending and including the most recent month-end or quarter-end and either that date's maximum offering price (Class A shares) or net asset value (for other share classes).  The month-end figure is typically calculated on the fifth business day of the next month. The result is compounded semiannually and annualized.  Falling share prices artificially increase yields.
  9. 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>
  10. B. 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. C. 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.
  12. D. "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. E. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )