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OEGAX

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
68379Y105
NAV
  • A
(as of 07/18/2018)
$22.06
Total Assets
(as of 06/30/2018)
$1.20 BN
Gross Expense Ratio
(as of 06/30/2018)
1.13%
Net Expense Ratio
(as of 06/30/2018)
1.13%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 06/30/2018
  • B
as of 06/30/2018
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
5.97% 18.83% 10.21% 13.57% 9.47% 7.19%
Russell Midcap® Growth Index
5.40% 18.52% 10.73% 13.37% 11.13% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
-0.13% 12.00% 8.06% 12.24% 8.82% 6.83%
Russell Midcap® Growth Index
5.40% 18.52% 10.73% 13.37% 11.13% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
5.97% 18.83% 10.21% 13.57% 9.47% 7.19%
Russell Midcap® Growth Index
5.40% 18.52% 10.73% 13.37% 11.13% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
-0.13% 12.00% 8.06% 12.24% 8.82% 6.83%
Russell Midcap® Growth Index
5.40% 18.52% 10.73% 13.37% 11.13% -
Gross Expense Ratio: 1.13% | Net Expense Ratio: 1.13%

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 Discovery Mid Cap Growth Fund Russell Midcap® Growth Index
2001 0.41% -10.83%
2002 -36.78% -29.09%
2003 63.53% 46.31%
2004 5.35% 14.59%
2005 4.61% 8.17%
2006 6.75% 12.26%
2007 23.35% 9.69%
2008 -38.89% -41.50%
2009 24.16% 41.66%
2010 26.38% 28.86%
2011 0.34% -1.57%
2012 15.52% 16.13%
2013 35.02% 37.06%
2014 5.40% 11.90%
2015 6.10% -0.20%
2016 1.89% 7.33%
2017 27.98% 25.27%

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 Discovery Mid Cap Growth Fund Russell Midcap® Growth Index (Linked Index) MSCI World S&P 500
6/30/2008 0.00 0.00 0.00 0.00
7/31/2008 0.09 -0.35 -2.44 -0.84
8/31/2008 0.09 1.32 -3.81 0.59
9/30/2008 -12.59 -12.09 -15.25 -8.37
10/31/2008 -29.11 -31.89 -31.32 -23.76
11/30/2008 -37.24 -39.57 -35.77 -29.23
12/31/2008 -34.88 -36.51 -33.71 -28.48
1/31/2009 -37.94 -40.33 -39.51 -34.51
2/28/2009 -43.62 -45.49 -45.71 -41.48
3/31/2009 -40.12 -40.30 -41.61 -36.35
4/30/2009 -36.28 -31.42 -35.06 -30.26
5/31/2009 -34.53 -28.95 -29.18 -26.36
6/30/2009 -32.78 -27.29 -29.50 -26.21
7/31/2009 -29.20 -21.64 -23.53 -20.63
8/31/2009 -28.23 -20.04 -20.37 -17.77
9/30/2009 -24.21 -14.81 -17.20 -14.70
10/31/2009 -27.36 -19.49 -18.67 -16.28
11/30/2009 -24.39 -16.50 -15.35 -11.26
12/31/2009 -19.14 -10.06 -13.83 -9.55
1/31/2010 -23.86 -13.77 -17.39 -12.80
2/28/2010 -19.76 -9.38 -16.22 -10.10
3/31/2010 -14.69 -2.14 -11.04 -4.68
4/30/2010 -12.06 1.29 -11.02 -3.17
5/31/2010 -18.18 -5.59 -19.55 -10.90
6/30/2010 -23.16 -11.70 -22.30 -15.57
7/31/2010 -18.36 -5.81 -16.00 -9.65
8/31/2010 -21.07 -11.77 -19.14 -13.73
9/30/2010 -11.63 -0.09 -11.60 -6.03
10/31/2010 -7.60 3.67 -8.31 -2.46
11/30/2010 -2.54 7.84 -10.29 -2.44
12/31/2010 2.19 15.90 -3.69 4.08
1/31/2011 4.11 17.21 -1.51 6.54
2/28/2011 10.49 23.63 1.93 10.19
3/31/2011 14.95 27.29 0.93 10.24
4/30/2011 18.27 31.74 5.22 13.50
5/31/2011 16.00 30.12 3.03 12.22
6/30/2011 16.78 27.78 1.40 10.35
7/31/2011 13.29 22.82 -0.43 8.10
8/31/2011 4.11 12.77 -7.45 2.23
9/30/2011 -4.98 0.50 -15.44 -4.96
10/31/2011 6.03 16.02 -6.70 5.43
11/30/2011 5.68 15.46 -8.97 5.20
12/31/2011 2.54 14.08 -9.03 6.27
1/31/2012 8.74 22.87 -4.46 11.04
2/29/2012 15.56 28.51 0.21 15.84
3/31/2012 19.06 30.73 1.50 19.65
4/30/2012 20.98 29.62 0.34 18.90
5/31/2012 13.11 19.85 -8.32 11.75
6/30/2012 16.08 23.70 -3.65 16.36
7/31/2012 14.60 22.48 -2.41 17.97
8/31/2012 19.06 27.21 0.07 20.63
9/30/2012 21.24 30.16 2.81 23.75
10/31/2012 16.78 27.71 2.12 21.46
11/30/2012 17.83 29.95 3.43 22.17
12/31/2012 18.44 32.48 5.37 23.28
1/31/2013 25.00 41.57 10.74 29.67
2/28/2013 25.26 42.45 10.92 31.43
3/31/2013 28.85 48.64 13.52 36.36
4/30/2013 28.85 49.16 17.10 38.98
5/31/2013 31.47 55.29 17.14 42.24
6/30/2013 30.77 53.43 14.25 40.33
7/31/2013 39.60 62.98 20.27 47.47
8/31/2013 40.38 59.87 17.71 43.19
9/30/2013 49.04 67.76 23.60 47.69
10/31/2013 54.28 72.16 28.43 54.47
11/30/2013 55.68 75.96 30.72 59.18
12/31/2013 59.93 81.57 33.48 63.21
1/31/2014 59.47 77.62 28.54 57.57
2/28/2014 70.73 88.78 34.97 64.78
3/31/2014 60.75 85.28 35.17 66.16
4/30/2014 49.76 82.56 36.55 67.39
5/31/2014 52.88 87.52 39.24 71.32
6/30/2014 60.84 93.38 41.73 74.86
7/31/2014 55.90 87.60 39.47 72.45
8/31/2014 64.32 97.71 42.54 79.34
9/30/2014 60.38 91.98 38.67 76.83
10/31/2014 64.41 97.28 39.57 81.15
11/30/2014 68.81 103.76 42.37 86.02
12/31/2014 68.56 103.18 40.07 85.55
1/31/2015 67.34 99.76 37.53 79.98
2/28/2015 79.73 113.51 45.59 90.33
3/31/2015 82.07 114.11 43.31 87.32
4/30/2015 78.72 112.61 46.67 89.11
5/31/2015 84.10 115.13 47.18 91.54
6/30/2015 84.61 111.67 43.76 87.84
7/31/2015 89.18 115.10 46.34 91.77
8/31/2015 78.82 102.58 36.65 80.20
9/30/2015 72.02 94.76 31.61 75.74
10/31/2015 80.14 107.01 42.04 90.57
11/30/2015 81.46 107.47 41.34 91.13
12/31/2015 78.84 102.78 38.85 88.12
1/31/2016 66.24 87.43 30.54 78.78
2/29/2016 62.95 90.36 29.57 78.54
3/31/2016 72.70 103.95 38.37 90.66
4/30/2016 74.07 103.83 40.56 91.39
5/31/2016 79.79 107.17 41.34 94.83
6/30/2016 81.48 107.14 39.76 95.34
7/31/2016 89.11 117.40 45.67 102.54
8/31/2016 88.68 116.76 45.79 102.82
9/30/2016 87.63 116.65 46.56 102.86
10/31/2016 79.79 107.85 43.72 99.16
11/30/2016 84.66 116.88 45.79 106.54
12/31/2016 82.22 117.64 49.28 110.62
1/31/2017 90.66 124.89 52.88 114.61
2/28/2017 96.42 131.36 57.12 123.14
3/31/2017 97.49 132.64 58.80 123.40
4/30/2017 101.23 136.09 61.15 125.69
5/31/2017 109.24 141.73 64.56 128.87
6/30/2017 107.96 142.45 65.19 130.29
7/31/2017 111.38 146.50 69.14 135.03
8/31/2017 114.58 148.24 69.38 135.75
9/30/2017 118.64 155.26 73.18 140.61
10/31/2017 129.11 162.40 76.46 146.23
11/30/2017 134.13 171.17 80.28 153.78
12/31/2017 133.21 172.63 82.72 156.60
1/31/2018 147.71 188.05 92.37 171.29
2/28/2018 138.82 179.01 84.40 161.29
3/31/2018 138.59 178.56 80.38 154.65
4/30/2018 138.47 175.93 82.45 155.63
5/31/2018 148.06 186.25 83.59 161.79
6/30/2018 147.13 187.35 83.51 163.40

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 07/18/2018

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

(34.8% of assets as of 06/30/2018)


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 95.3% 100.0% -4.6%
Canada 2.1% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 97.5% 100.0% -2.5%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 28.3% 32.2% -3.9%
Industrials 18.5% 16.1% 2.4%
Consumer Discretionary 16.9% 18.2% -1.3%
Health Care 15.1% 14.4% 0.7%
Financials 8.7% 7.3% 1.4%
Materials 4.3% 4.0% 0.3%
Consumer Staples 2.3% 3.5% -1.2%
Energy 2.2% 1.8% 0.4%
Real Estate 1.2% 2.2% -1.0%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 11.5% 9.5% 2.0%
Health Care Equipment & Supplies 8.8% 5.5% 3.2%
IT Services 7.7% 7.8% -0.1%
Hotels Restaurants & Leisure 5.8% 3.9% 1.9%
Commercial Services & Supplies 5.0% 1.4% 3.6%
Professional Services 4.2% 2.0% 2.2%
Capital Markets 4.1% 5.0% -0.9%
Textiles Apparel & Luxury Goods 3.2% 2.1% 1.1%
Life Sciences Tools & Services 3.1% 1.5% 1.6%
Electronic Equipment Instruments & Components 3.1% 2.5% 0.7%
Banks 3.0% 0.9% 2.1%
Internet Software & Services 2.5% 4.1% -1.6%
Machinery 2.3% 3.9% -1.6%
Oil Gas & Consumable Fuels 2.2% 1.8% 0.4%
Semiconductors & Semiconductor Equipment 2.1% 5.7% -3.6%
Air Freight & Logistics 2.0% 1.2% 0.7%
Containers & Packaging 2.0% 1.2% 0.8%
Aerospace & Defense 2.0% 2.5% -0.4%
Specialty Retail 1.9% 4.4% -2.5%
Auto Components 1.8% 1.0% 0.9%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 97.5% 100.0% -2.5%
Net Cash and Equivalents 2.5% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 65.9% 57.6% 8.3%
Large 31.6% 41.7% -10.1%
Analytics
(As of 06/30/2018)

Morningstar 06/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
541
Category
Mid-Cap Growth
Analyst Rating (as of 10/18/17)
Bronze
Performance Statistics
3Y
5Y
Alpha
0.23
0.42
Beta
0.93
0.99
Information Ratio
-0.13
0.04
R-Squared
87.89
82.83
Sharpe Ratio
0.88
1.10
Standard Deviation
10.95
11.89
Sortino Ratio
0.41
0.55
Win Ratio
56.00
58.00
Loss Ratio
44.00
42.00
Tracking Error
3.88
4.93
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)
$14.87 B
$15.43 B
Median Market Cap (weighted)
$13.14 B
$14.09 B
P/E Ratio (LTM)
34.62
30.02
P/E Ratio (NTM)
24.32
21.50
Price/Book
5.65
6.67
Return on Equity
17.65%
17.50%
EPS Growth Rate 3Y
34.24%
16.34%
EPS Growth Rate 5Y
34.24%
16.34%
Sales Growth Rate 3Y
14.17%
12.41%
Sales Growth Rate 5Y
14.17%
-
Turnover Ratio
139%
-
Active Share
72.48%
-
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. 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.
  8. 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.
  9. 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.
  10. D. There is no guarantee of the payment of any dividend or other distributions at any level.
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