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OPPAX

Global Fund
  • A
  • 1

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Overview

The Strategy typically invests in large-cap U.S. and foreign stocks.

Inception Date
December 22, 1969
Investment Style
Global Equity
Fund Index
MSCI ACWI
CUSIP
683924104
NAV
  • B
(as of 01/22/2019)
$78.43
Total Assets
(as of 12/31/2018)
$9.66 BN
Gross Expense Ratio
(as of 12/31/2018)
1.12%
Net Expense Ratio
(as of 12/31/2018)
1.12%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 12/31/2018
  • 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
Global Fund (NAV)
-13.56% -13.56% 5.66% 4.58% 10.90% 10.99%
MSCI ACWI
-9.41% -9.41% 6.60% 4.26% 9.46% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (with sales charge)
-18.52% -18.52% 3.59% 3.34% 10.25% 10.86%
MSCI ACWI
-9.41% -9.41% 6.60% 4.26% 9.46% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (NAV)
-13.56% -13.56% 5.66% 4.58% 10.90% 10.99%
MSCI ACWI
-9.41% -9.41% 6.60% 4.26% 9.46% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Global Fund (with sales charge)
-18.52% -18.52% 3.59% 3.34% 10.25% 10.86%
MSCI ACWI
-9.41% -9.41% 6.60% 4.26% 9.46% -
Gross Expense Ratio: 1.12% | Net Expense Ratio: 1.12%

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.


Year Global Fund MSCI ACWI
1970 9.31% -
1971 33.77% -
1972 12.48% -
1973 -22.00% -
1974 -32.62% -
1975 29.27% -
1976 19.69% -
1977 -0.15% -
1978 13.36% -
1979 50.55% -
1980 61.99% -
1981 -11.13% -
1982 14.12% -
1983 26.12% -
1984 -21.77% -
1985 49.11% -
1986 46.54% -
1987 -3.46% -
1988 22.99% -
1989 35.05% -
1990 -0.68% -
1991 27.36% -
1992 -14.20% -
1993 42.63% -
1994 -3.11% -
1995 16.58% -
1996 17.52% -
1997 21.82% -
1998 12.71% -
1999 58.48% -
2000 4.06% -
2001 -11.80% -16.21%
2002 -22.45% -19.32%
2003 43.08% 33.99%
2004 18.67% 15.23%
2005 13.83% 10.84%
2006 17.38% 20.95%
2007 5.97% 11.66%
2008 -41.03% -42.19%
2009 39.20% 34.63%
2010 15.68% 12.67%
2011 -8.69% -7.35%
2012 20.75% 16.13%
2013 26.77% 22.80%
2014 2.06% 4.16%
2015 3.89% -2.36%
2016 0.16% 7.86%
2017 36.23% 23.97%
2018 -13.56% -9.41%

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.


Date Global Fund MSCI AC World Index S&P 500
12/31/2008 0.00 0.00 0.00
1/31/2009 -8.52 -8.54 -8.43
2/28/2009 -16.12 -17.50 -18.18
3/31/2009 -8.83 -10.70 -11.01
4/30/2009 1.33 -0.16 -2.49
5/31/2009 12.54 9.79 2.96
6/30/2009 12.02 9.17 3.16
7/31/2009 23.09 18.78 10.97
8/31/2009 26.52 23.03 14.97
9/30/2009 32.84 28.67 19.26
10/31/2009 30.46 26.68 17.05
11/30/2009 36.60 31.89 24.07
12/31/2009 39.20 34.63 26.46
1/31/2010 35.05 28.81 21.92
2/28/2010 37.18 30.45 25.69
3/31/2010 47.40 38.84 33.28
4/30/2010 46.74 39.07 35.38
5/31/2010 32.30 25.89 24.57
6/30/2010 28.20 22.01 18.05
7/31/2010 40.18 31.94 26.32
8/31/2010 33.77 27.33 20.62
9/30/2010 47.87 39.51 31.38
10/31/2010 53.91 44.55 36.38
11/30/2010 50.60 41.33 36.40
12/31/2010 61.03 51.68 45.51
1/31/2011 65.24 54.06 48.96
2/28/2011 71.24 58.55 54.07
3/31/2011 70.20 58.39 54.13
4/30/2011 79.83 64.87 58.69
5/31/2011 75.96 61.33 56.90
6/30/2011 72.98 58.79 54.28
7/31/2011 66.55 56.20 51.14
8/31/2011 53.03 44.79 42.93
9/30/2011 38.11 31.12 32.89
10/31/2011 54.31 45.17 47.41
11/30/2011 49.80 40.82 47.08
12/31/2011 47.03 40.54 48.59
1/31/2012 54.45 48.71 55.25
2/29/2012 62.62 56.19 61.96
3/31/2012 67.38 57.23 67.29
4/30/2012 62.64 55.43 66.24
5/31/2012 46.97 41.50 56.25
6/30/2012 53.67 48.48 62.69
7/31/2012 54.65 50.52 64.95
8/31/2012 60.52 53.79 68.66
9/30/2012 65.47 58.63 73.02
10/31/2012 67.02 57.58 69.82
11/30/2012 72.09 59.59 70.81
12/31/2012 77.53 63.21 72.37
1/31/2013 88.79 70.72 81.29
2/28/2013 87.25 70.70 83.76
3/31/2013 90.11 73.82 90.65
4/30/2013 96.53 78.78 94.32
5/31/2013 95.92 78.29 98.87
6/30/2013 91.30 73.08 96.19
7/31/2013 101.81 81.37 106.18
8/31/2013 95.53 77.59 100.21
9/30/2013 109.35 86.76 106.49
10/31/2013 115.13 94.27 115.98
11/30/2013 120.17 97.02 122.56
12/31/2013 125.06 100.42 128.19
1/31/2014 116.75 92.40 120.30
2/28/2014 129.01 101.70 130.38
3/31/2014 126.55 102.59 132.32
4/30/2014 125.41 104.52 134.03
5/31/2014 131.86 108.87 139.53
6/30/2014 135.18 112.81 144.48
7/31/2014 128.69 110.22 141.10
8/31/2014 134.35 114.87 150.75
9/30/2014 130.29 107.90 147.23
10/31/2014 130.66 109.36 153.27
11/30/2014 136.23 112.87 160.08
12/31/2014 129.71 108.76 159.43
1/31/2015 128.62 105.49 151.64
2/28/2015 145.63 116.94 166.10
3/31/2015 146.54 113.57 161.89
4/30/2015 148.44 119.77 164.41
5/31/2015 154.21 119.48 167.81
6/30/2015 153.01 114.32 162.62
7/31/2015 157.69 116.18 168.13
8/31/2015 138.08 101.36 151.95
9/30/2015 125.99 94.06 145.71
10/31/2015 144.15 109.29 166.44
11/30/2015 142.10 107.57 167.23
12/31/2015 138.65 103.82 163.02
1/31/2016 116.06 91.53 149.97
2/29/2016 110.25 90.21 149.63
3/31/2016 123.14 104.31 166.56
4/30/2016 126.99 107.32 167.60
5/31/2016 127.78 107.59 172.40
6/30/2016 119.20 106.33 173.11
7/31/2016 132.80 115.22 183.18
8/31/2016 136.39 115.94 183.58
9/30/2016 138.68 117.27 183.63
10/31/2016 135.34 113.58 178.46
11/30/2016 137.76 115.20 188.77
12/31/2016 139.02 119.85 194.48
1/31/2017 148.43 125.86 200.06
2/28/2017 158.15 132.20 211.98
3/31/2017 163.91 135.04 212.34
4/30/2017 174.85 138.70 215.55
5/31/2017 182.37 143.97 219.99
6/30/2017 186.62 145.08 221.98
7/31/2017 194.08 151.93 228.61
8/31/2017 196.83 152.90 229.61
9/30/2017 203.99 157.78 236.41
10/31/2017 215.00 163.14 244.26
11/30/2017 222.20 168.23 254.82
12/31/2017 225.65 172.56 258.76
1/31/2018 249.87 187.93 279.31
2/28/2018 233.72 175.84 265.33
3/31/2018 225.21 169.93 256.04
4/30/2018 227.38 172.51 257.41
5/31/2018 232.37 172.85 266.01
6/30/2018 230.94 171.38 268.27
7/31/2018 240.07 179.56 281.97
8/31/2018 241.42 181.76 294.42
9/30/2018 234.64 182.98 296.66
10/31/2018 202.71 161.78 269.55
11/30/2018 205.02 165.60 277.08
12/31/2018 181.50 146.89 243.03

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.

$ per share as of 01/22/2019

Date 2014 2015 2016 2017 2018
Short Term 0.0507 0.0802
Long Term 3.8205 3.3125 5.1492 9.0670
Total Amount of Distribution 3.8205 3.3632 5.1492 9.1472
Record Date 12/5/14 12/4/15 12/5/17 12/4/18
Ex Div Date 12/8/14 12/7/15 12/6/17 12/6/18
Pay Date 12/8/14 12/7/15 12/6/17 12/6/18

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

Portfolio

Top Issuers

(52.3% of assets as of 12/31/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Global Fund MSCI ACWI Overweight / Underweight
United States 50.0% 54.4% -4.4%
Japan 13.4% 7.6% 5.8%
France 9.8% 3.4% 6.4%
Germany 8.0% 2.7% 5.3%
United Kingdom 5.6% 5.2% 0.4%
India 3.7% 1.1% 2.6%
Switzerland 2.3% 2.7% -0.4%
China 2.1% 3.6% -1.5%
Sweden 1.9% 0.8% 1.0%
Spain 1.9% 1.0% 0.9%
Denmark 0.5% 0.5% 0.0%
Italy 0.3% 0.7% -0.4%
Argentina 0.3% - -
Developed Markets Global Fund MSCI ACWI Overweight / Underweight
Americas 50.0% 57.4% -7.3%
Europe 30.2% 19.2% 11.0%
Asia Pacific 13.4% 11.4% 2.0%
Emerging Markets Global Fund MSCI ACWI Overweight / Underweight
Asia Pacific 5.8% 8.7% -2.9%
Americas 0.3% 1.4% -1.2%
Equity Sector Global Fund MSCI ACWI Overweight / Underweight
Information Technology 19.2% 14.8% 4.4%
Industrials 15.3% 10.3% 5.0%
Financials 15.2% 17.2% -2.0%
Consumer Discretionary 15.1% 10.4% 4.7%
Health Care 14.6% 12.1% 2.5%
Communication Services 13.3% 9.0% 4.3%
Consumer Staples 4.1% 8.4% -4.3%
Real Estate 2.1% 3.2% -1.1%
Energy 0.7% 6.2% -5.5%
Industry Global Fund MSCI ACWI Overweight / Underweight
Interactive Media & Services 10.2% 3.3% 6.9%
Software 8.1% 3.9% 4.2%
Biotechnology 7.8% 1.7% 6.1%
Capital Markets 6.2% 2.5% 3.7%
Textiles Apparel & Luxury Goods 6.1% 1.2% 4.8%
Electronic Equipment Instruments & Components 5.9% 1.0% 4.9%
Banks 4.9% 9.3% -4.4%
Insurance 4.1% 3.8% 0.3%
Health Care Providers & Services 4.0% 1.9% 2.1%
Aerospace & Defense 3.3% 1.8% 1.5%
Entertainment 3.0% 1.4% 1.6%
Industrial Conglomerates 2.7% 1.4% 1.3%
Automobiles 2.7% 1.6% 1.1%
Semiconductors & Semiconductor Equipment 2.7% 3.0% -0.3%
Specialty Retail 2.6% 1.5% 1.1%
IT Services 2.5% 3.1% -0.6%
Machinery 2.3% 1.7% 0.6%
Electrical Equipment 2.3% 0.7% 1.5%
Internet & Direct Marketing Retail 2.3% 2.5% -0.2%
Personal Products 2.2% 0.9% 1.3%
Asset Allocation Global Fund MSCI ACWI Overweight / Underweight
Equity 99.7% 100.0% -0.3%
Net Cash and Equivalents 0.3% - -
Market Cap Global Fund MSCI ACWI Overweight / Underweight
Large 84.3% 86.2% -1.9%
Mid 11.2% 13.7% -2.5%
Small 3.9% 0.1% 3.7%
Analytics
(As of 12/31/2018)

Morningstar 12/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
729
Category
World Large Stock
Performance Statistics
3Y
5Y
Alpha
-1.73
0.04
Beta
1.20
1.13
Information Ratio
-0.20
0.07
R-Squared
89.97
88.49
Sharpe Ratio
0.39
0.36
Standard Deviation
13.49
13.02
Upside Capture
119.49
111.21
Downside Capture
138.59
112.18
Sortino Ratio
0.53
0.50
Tracking Error
4.81
4.64
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$112.19 B
$129.25 B
Median Market Cap (weighted)
$51.62 B
$49.29 B
P/E Ratio (LTM)
20.74
15.37
P/E Ratio (NTM)
15.95
13.14
Price/Book
2.41
2.15
Return on Equity
15.74%
16.53%
EPS Growth Rate 3Y
14.59%
9.11%
EPS Growth Rate 5Y
13.74%
8.17%
Sales Growth Rate 3Y
9.75%
-
Sales Growth Rate 5Y
9.55%
-
Turnover Ratio
14%
-
Active Share
92.03%
-
Dividends
  • E
Est. Frequency
Annual
Last Pay Date
12/6/2018
Per Share ($)
$0.4043
12-Month Distribution ($)
$0.4043
Distribution Sources
  • E
Net Income
5.10%
Net Profit from Sale
94.90%
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. Eurozone investments may be subject to volatility and liquidity issues. 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 MSCI® ACWI is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The index is unmanaged, includes the reinvestment of dividends 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. 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>
  7. 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.
  8. 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, 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.
  9. 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.
  10. E. There is no guarantee of the payment of any dividend or other distributions at any level.
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