Spoof Access

×
OPTFX

Capital Appreciation Fund

×
Overview

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

Inception Date
January 22, 1981
Investment Style
Large Cap Growth
Fund Index
Russell 1000® Growth Index
CUSIP
68379A107
NAV
  • B
(as of 01/18/2019)
$54.98
Total Assets
(as of 12/31/2018)
$3.79 BN
Gross Expense Ratio
(as of 12/31/2018)
1.05%
Net Expense Ratio
(as of 12/31/2018)
1.05%
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
Capital Appreciation Fund (NAV)
-5.96% -5.96% 5.13% 6.65% 12.08% 11.28%
Russell 1000® Growth Index
-1.51% -1.51% 11.15% 10.40% 15.29% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (with sales charge)
-11.37% -11.37% 3.08% 5.40% 11.42% 11.11%
Russell 1000® Growth Index
-1.51% -1.51% 11.15% 10.40% 15.29% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (NAV)
-5.96% -5.96% 5.13% 6.65% 12.08% 11.28%
Russell 1000® Growth Index
-1.51% -1.51% 11.15% 10.40% 15.29% -
Cumulative
Annualized
ytd as of 2018-12-31
  • D
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (with sales charge)
-11.37% -11.37% 3.08% 5.40% 11.42% 11.11%
Russell 1000® Growth Index
-1.51% -1.51% 11.15% 10.40% 15.29% -
Gross Expense Ratio: 1.05% | Net Expense Ratio: 1.05%

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 Capital Appreciation Fund Russell 1000® Growth Index
1982 81.32% 20.46%
1983 24.51% 15.98%
1984 -17.47% -0.95%
1985 29.85% 32.85%
1986 8.28% 7.14%
1987 -17.95% 11.12%
1988 32.39% 8.57%
1989 18.31% 25.29%
1990 -2.13% 0.30%
1991 41.33% 41.27%
1992 10.27% 4.99%
1993 3.93% 2.87%
1994 0.46% 2.62%
1995 34.85% 37.18%
1996 27.96% 23.12%
1997 26.33% 30.49%
1998 24.04% 38.71%
1999 42.09% 33.16%
2000 -1.29% -22.42%
2001 -12.69% -20.42%
2002 -26.26% -27.88%
2003 29.46% 29.75%
2004 6.46% 6.30%
2005 4.70% 5.26%
2006 7.51% 9.07%
2007 13.76% 11.81%
2008 -45.90% -38.44%
2009 43.58% 37.21%
2010 9.14% 16.71%
2011 -1.57% 2.64%
2012 13.69% 15.26%
2013 29.24% 33.48%
2014 15.07% 13.05%
2015 3.22% 5.67%
2016 -2.34% 7.08%
2017 26.53% 30.21%
2018 -5.96% -1.51%

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 Capital Appreciation Fund Russell 1000® Growth Index MSCI World S&P 500
12/31/2008 0.00 0.00 0.00 0.00
1/31/2009 -2.98 -4.81 -8.76 -8.43
2/28/2009 -9.42 -11.97 -18.10 -18.18
3/31/2009 -1.26 -4.12 -11.92 -11.01
4/30/2009 9.46 5.09 -2.04 -2.49
5/31/2009 16.61 10.29 6.83 2.96
6/30/2009 17.44 11.53 6.35 3.16
7/31/2009 25.64 19.45 15.36 10.97
8/31/2009 27.36 21.93 20.12 14.97
9/30/2009 33.26 27.11 24.90 19.26
10/31/2009 30.17 25.39 22.68 17.05
11/30/2009 37.54 33.10 27.70 24.07
12/31/2009 43.58 37.21 29.99 26.46
1/31/2010 35.42 31.22 24.62 21.92
2/28/2010 39.63 35.73 26.37 25.69
3/31/2010 48.69 43.58 34.20 33.28
4/30/2010 46.89 45.19 34.22 35.38
5/31/2010 34.27 34.10 21.36 24.57
6/30/2010 26.61 26.72 17.20 18.05
7/31/2010 33.73 35.76 26.70 26.32
8/31/2010 28.12 29.42 21.97 20.62
9/30/2010 41.71 43.20 33.34 31.38
10/31/2010 48.11 50.03 38.32 36.38
11/30/2010 48.44 51.78 35.33 36.40
12/31/2010 56.71 60.14 45.28 45.51
1/31/2011 58.54 64.21 48.56 48.96
2/28/2011 64.58 69.59 53.76 54.07
3/31/2011 63.68 69.79 52.25 54.13
4/30/2011 68.72 75.48 58.71 58.69
5/31/2011 66.74 73.57 55.42 56.90
6/30/2011 64.98 71.08 52.96 54.28
7/31/2011 62.89 69.37 50.19 51.14
8/31/2011 53.40 60.43 39.61 42.93
9/30/2011 40.78 48.61 27.55 32.89
10/31/2011 56.85 64.91 40.74 47.41
11/30/2011 56.13 64.90 37.31 47.08
12/31/2011 54.24 64.37 37.23 48.59
1/31/2012 62.53 74.18 44.12 55.25
2/29/2012 71.39 82.51 51.16 61.96
3/31/2012 75.78 88.51 53.10 67.29
4/30/2012 75.28 88.22 51.36 66.24
5/31/2012 63.71 76.15 38.30 56.25
6/30/2012 66.60 80.93 45.34 62.69
7/31/2012 68.47 83.36 47.21 64.95
8/31/2012 74.27 88.29 50.94 68.66
9/30/2012 77.22 91.98 55.09 73.02
10/31/2012 71.21 86.38 54.04 69.82
11/30/2012 74.81 89.50 56.01 70.81
12/31/2012 75.36 89.45 58.95 72.37
1/31/2013 82.53 97.57 67.04 81.29
2/28/2013 84.71 100.02 67.32 83.76
3/31/2013 90.72 107.53 71.24 90.65
4/30/2013 91.88 111.93 76.63 94.32
5/31/2013 95.07 115.87 76.70 98.87
6/30/2013 90.36 111.81 72.35 96.19
7/31/2013 100.08 123.04 81.42 106.18
8/31/2013 96.23 119.22 77.56 100.21
9/30/2013 104.79 128.99 86.44 106.49
10/31/2013 113.09 139.11 93.73 115.98
11/30/2013 119.43 145.86 97.18 122.56
12/31/2013 126.63 152.88 101.35 128.19
1/31/2014 120.04 145.67 93.89 120.30
2/28/2014 133.67 158.32 103.60 130.38
3/31/2014 126.40 155.71 103.89 132.32
4/30/2014 124.21 155.72 105.98 134.03
5/31/2014 133.71 163.69 110.04 139.53
6/30/2014 140.86 168.83 113.79 144.48
7/31/2014 141.16 164.72 110.38 141.10
8/31/2014 151.35 176.85 115.02 150.75
9/30/2014 148.09 172.83 109.18 147.23
10/31/2014 154.15 180.02 110.53 153.27
11/30/2014 161.49 188.89 114.75 160.08
12/31/2014 160.77 185.88 111.29 159.43
1/31/2015 156.69 181.51 107.46 151.64
2/28/2015 173.30 200.27 119.62 166.10
3/31/2015 169.74 196.85 116.18 161.89
4/30/2015 167.85 198.34 121.25 164.41
5/31/2015 171.81 202.54 122.01 167.81
6/30/2015 171.15 197.21 116.85 162.62
7/31/2015 178.93 207.29 120.74 168.13
8/31/2015 159.28 188.63 106.13 151.95
9/30/2015 148.60 181.49 98.53 145.71
10/31/2015 170.93 205.73 114.26 166.44
11/30/2015 173.52 206.58 113.20 167.23
12/31/2015 169.16 202.09 109.45 163.02
1/31/2016 150.19 185.22 96.92 149.97
2/29/2016 140.61 185.10 95.45 149.63
3/31/2016 150.29 204.33 108.72 166.56
4/30/2016 147.60 201.55 112.02 167.60
5/31/2016 155.68 207.40 113.21 172.40
6/30/2016 152.14 206.20 110.82 173.11
7/31/2016 165.92 220.65 119.73 183.18
8/31/2016 164.52 219.06 119.91 183.58
9/30/2016 166.87 220.22 121.08 183.63
10/31/2016 158.83 212.70 116.80 178.46
11/30/2016 160.28 219.51 119.92 188.77
12/31/2016 162.86 223.46 125.18 194.48
1/31/2017 173.85 234.36 130.62 200.06
2/28/2017 184.74 248.25 137.01 211.98
3/31/2017 189.84 252.28 139.54 212.34
4/30/2017 197.34 260.34 143.08 215.55
5/31/2017 202.76 269.70 148.23 219.99
6/30/2017 202.61 268.73 149.18 221.98
7/31/2017 207.66 278.53 155.15 228.61
8/31/2017 211.88 285.47 155.50 229.61
9/30/2017 214.17 290.48 161.24 236.41
10/31/2017 221.78 305.61 166.18 244.26
11/30/2017 229.33 317.93 171.94 254.82
12/31/2017 232.58 321.19 175.62 258.76
1/31/2018 255.66 351.02 190.17 279.31
2/28/2018 242.67 339.19 178.15 265.33
3/31/2018 230.08 327.15 172.09 256.04
4/30/2018 230.99 328.64 175.22 257.41
5/31/2018 246.71 347.43 176.94 266.01
6/30/2018 247.91 351.74 176.81 268.27
7/31/2018 259.42 365.00 185.46 281.97
8/31/2018 274.97 390.42 188.99 294.42
9/30/2018 275.48 393.16 190.60 296.66
10/31/2018 241.19 349.06 169.26 269.55
11/30/2018 243.92 353.83 172.32 277.08
12/31/2018 212.76 314.81 151.61 243.03

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 01/21/2019

Date 2014 2015 2016 2017 2018
Short Term 1.6941 0.3461 1.8556 0.4362
Long Term 7.8660 7.0818 2.1269 3.5868 4.2007
Total Amount of Distribution 9.5601 7.4279 2.1269 5.4424 4.6369
Record Date 12/8/14 12/4/15 12/2/16 12/13/17 12/12/18
Ex Div Date 12/9/14 12/7/15 12/5/16 12/14/17 12/13/18
Pay Date 12/9/14 12/7/15 12/5/16 12/14/17 12/13/18

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

Portfolio

Top Issuers

(63.0% of assets as of 12/31/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 6
Country Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
United States 95.4% 100.0% -4.6%
Canada 1.5% - -
China 1.5% 0.0% 1.5%
United Kingdom 0.7% - -
Belgium 0.4% - -
Developed Markets Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Americas 96.9% 100.0% -3.1%
Europe 1.1% 0.0% 1.1%
Equity Sector Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Information Technology 29.7% 31.5% -1.8%
Consumer Discretionary 19.9% 15.1% 4.8%
Health Care 12.9% 14.3% -1.4%
Communication Services 12.0% 11.9% 0.1%
Industrials 11.1% 11.8% -0.7%
Financials 6.0% 4.4% 1.6%
Consumer Staples 2.6% 6.0% -3.4%
Energy 2.4% 0.8% 1.6%
Utilities 1.5% - -
Materials 1.3% 1.8% -0.5%
Industry Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Software 12.7% 11.3% 1.4%
Interactive Media & Services 11.0% 8.5% 2.5%
Internet & Direct Marketing Retail 9.7% 6.3% 3.4%
IT Services 6.7% 8.4% -1.7%
Specialty Retail 6.7% 4.0% 2.7%
Technology Hardware Storage & Peripherals 5.6% 6.7% -1.0%
Biotechnology 5.3% 5.2% 0.1%
Health Care Providers & Services 4.8% 3.4% 1.4%
Capital Markets 4.1% 2.3% 1.8%
Hotels Restaurants & Leisure 3.6% 2.2% 1.5%
Semiconductors & Semiconductor Equipment 3.6% 3.8% -0.2%
Machinery 2.5% 2.3% 0.2%
Aerospace & Defense 2.4% 3.4% -1.1%
Oil Gas & Consumable Fuels 2.4% 0.6% 1.8%
Road & Rail 2.4% 1.2% 1.2%
Commercial Services & Supplies 1.5% 0.6% 0.9%
Gas Utilities 1.5% - -
Airlines 1.5% 0.2% 1.3%
Food Products 1.4% 0.3% 1.1%
Health Care Equipment & Supplies 1.2% 2.6% -1.4%
Asset Allocation Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Equity 99.5% 100.0% -0.5%
Market Cap Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Large 80.7% 84.4% -3.7%
Mid 12.8% 15.0% -2.2%
Small 5.9% 0.6% 5.3%
Analytics
(As of 12/31/2018)

Morningstar 12/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
1247
Category
Large Growth
Performance Statistics
3Y
5Y
Alpha
-5.64
-3.65
Beta
1.01
1.03
Information Ratio
-1.78
-1.10
R-Squared
93.17
92.93
Sharpe Ratio
0.37
0.52
Standard Deviation
12.89
12.74
Upside Capture
89.44
93.99
Downside Capture
128.33
119.07
Sortino Ratio
0.49
0.76
Win Ratio
28.00
33.00
Loss Ratio
72.00
67.00
Tracking Error
3.38
3.41
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$255.54 B
$247.36 B
Median Market Cap (weighted)
$81.43 B
$97.81 B
P/E Ratio (LTM)
19.31
20.98
P/E Ratio (NTM)
16.28
17.78
Price/Book
5.08
6.48
Return on Equity
24.04%
24.02%
Turnover Ratio
29%
-
Active Share
61.54%
-
Dividends
  • E
Est. Frequency
Annual
Last Pay Date
12/13/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • E
Net Income
0.30%
Net Profit from Sale
99.70%
Other Capital Sources
0.00%
Documents
  1. 1. Paul Larson was added as portfolio manager of the Fund as of October 5, 2016. Michael Kotlarz will no longer be portfolio manager of the Fund as of October 5, 2016.
  2. 2. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Investments in securities of growth companies may be volatile. Diversification does not guarantee profit or protect against loss.
  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 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000 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.
  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. 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>
  8. 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.
  9. 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.
  10. 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.
  11. 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 )