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OPTFX

Capital Appreciation Fund

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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
  • A
(as of 12/12/2017)
$63.85
Total Assets
(as of 11/30/2017)
$5.22 BN
Gross Expense Ratio
(as of 11/30/2017)
1.07%
Net Expense Ratio
(as of 11/30/2017)
1.07%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 11/30/2017
  • E
as of 09/30/2017
  • E

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • E
Cumulative
Annualized
ytd as of 2017-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (NAV)
19.52% 17.73% 8.19% 12.13% 5.14% 11.70%
Cumulative
Annualized
ytd as of 2017-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (with sales charge)
12.65% 10.96% 6.07% 10.81% 4.52% 11.52%
Cumulative
Annualized
ytd as of 2017-11-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (NAV)
25.29% 26.53% 7.99% 13.51% 5.92% 11.79%
Cumulative
Annualized
ytd as of 2017-11-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Capital Appreciation Fund (with sales charge)
18.08% 19.25% 5.88% 12.17% 5.29% 11.61%
Gross Expense Ratio: 1.07% | Net Expense Ratio: 1.07%

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% 15.36%
1987 -17.95% 5.31%
1988 32.39% 11.27%
1989 18.31% 35.92%
1990 -2.13% -0.26%
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%

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
11/30/2007 0.00 0.00 0.00 0.00
12/31/2007 -0.24 -0.36 -1.29 -0.69
1/31/2008 -9.27 -8.13 -8.83 -6.65
2/29/2008 -11.22 -9.96 -9.36 -9.68
3/31/2008 -11.86 -10.50 -10.23 -10.07
4/30/2008 -4.66 -5.81 -5.51 -5.69
5/31/2008 -1.05 -2.35 -4.07 -4.47
6/30/2008 -8.87 -9.39 -11.72 -12.52
7/31/2008 -11.84 -11.11 -13.88 -13.26
8/31/2008 -11.49 -10.15 -15.09 -12.01
9/30/2008 -24.70 -20.56 -25.19 -19.85
10/31/2008 -39.45 -34.54 -39.37 -33.31
11/30/2008 -47.14 -39.75 -43.30 -38.09
12/31/2008 -45.80 -38.66 -41.48 -37.43
1/31/2009 -47.40 -41.61 -46.60 -42.71
2/28/2009 -50.88 -46.00 -52.07 -48.81
3/31/2009 -46.42 -41.19 -48.46 -44.32
4/30/2009 -40.61 -35.54 -42.67 -39.00
5/31/2009 -36.68 -32.34 -37.48 -35.58
6/30/2009 -36.21 -31.59 -37.76 -35.46
7/31/2009 -31.74 -26.73 -32.49 -30.57
8/31/2009 -30.78 -25.21 -29.70 -28.07
9/30/2009 -27.58 -22.03 -26.90 -25.38
10/31/2009 -29.22 -23.08 -28.20 -26.77
11/30/2009 -25.19 -18.36 -25.27 -22.38
12/31/2009 -21.88 -15.84 -23.93 -20.88
1/31/2010 -26.30 -19.51 -27.07 -23.72
2/28/2010 -23.97 -16.74 -26.04 -21.36
3/31/2010 -19.03 -11.93 -21.46 -16.62
4/30/2010 -19.97 -10.94 -21.45 -15.30
5/31/2010 -26.81 -17.74 -28.98 -22.06
6/30/2010 -30.97 -22.27 -31.41 -26.14
7/31/2010 -27.06 -16.73 -25.85 -20.97
8/31/2010 -30.08 -20.61 -28.62 -24.54
9/30/2010 -22.66 -12.16 -21.96 -17.80
10/31/2010 -19.12 -7.97 -19.05 -14.67
11/30/2010 -18.91 -6.90 -20.80 -14.66
12/31/2010 -14.36 -1.77 -14.98 -8.96
1/31/2011 -13.35 0.73 -13.06 -6.80
2/28/2011 -10.00 4.02 -10.01 -3.61
3/31/2011 -10.45 4.15 -10.90 -3.57
4/30/2011 -7.67 7.64 -7.12 -0.71
5/31/2011 -8.74 6.47 -9.04 -1.84
6/30/2011 -9.66 4.94 -10.48 -3.47
7/31/2011 -10.77 3.89 -12.11 -5.44
8/31/2011 -15.94 -1.59 -18.30 -10.57
9/30/2011 -22.82 -8.84 -25.35 -16.86
10/31/2011 -13.99 1.16 -17.63 -7.77
11/30/2011 -14.36 1.15 -19.64 -7.98
12/31/2011 -15.37 0.82 -19.69 -7.04
1/31/2012 -10.79 6.84 -15.66 -2.87
2/29/2012 -5.89 11.95 -11.54 1.33
3/31/2012 -3.45 15.63 -10.40 4.66
4/30/2012 -3.69 15.46 -11.42 4.01
5/31/2012 -10.01 8.05 -19.07 -2.24
6/30/2012 -8.40 10.98 -14.94 1.78
7/31/2012 -7.34 12.47 -13.85 3.20
8/31/2012 -4.13 15.50 -11.66 5.52
9/30/2012 -2.46 17.76 -9.24 8.25
10/31/2012 -5.74 14.32 -9.85 6.25
11/30/2012 -3.73 16.24 -8.70 6.87
12/31/2012 -3.40 16.21 -6.98 7.84
1/31/2013 0.61 21.19 -2.24 13.43
2/28/2013 1.82 22.70 -2.08 14.97
3/31/2013 5.18 27.30 0.21 19.28
4/30/2013 5.85 30.00 3.37 21.58
5/31/2013 7.66 32.42 3.41 24.42
6/30/2013 5.08 29.92 0.86 22.75
7/31/2013 10.47 36.81 6.17 29.00
8/31/2013 8.39 34.47 3.91 25.26
9/30/2013 13.15 40.46 9.11 29.19
10/31/2013 17.73 46.67 13.38 35.13
11/30/2013 21.27 50.81 15.39 39.24
12/31/2013 25.28 55.12 17.84 42.77
1/31/2014 21.67 50.70 13.47 37.83
2/28/2014 29.23 58.45 19.15 44.14
3/31/2014 25.22 56.86 19.32 45.35
4/30/2014 24.02 56.86 20.55 46.42
5/31/2014 29.33 61.75 22.92 49.86
6/30/2014 33.31 64.90 25.12 52.96
7/31/2014 33.51 62.38 23.12 50.85
8/31/2014 39.17 69.82 25.83 56.88
9/30/2014 37.40 67.35 22.42 54.68
10/31/2014 40.77 71.76 23.21 58.46
11/30/2014 44.86 77.21 25.68 62.72
12/31/2014 44.48 75.36 23.65 62.31
1/31/2015 42.28 72.68 21.41 57.44
2/28/2015 51.52 84.19 28.53 66.49
3/31/2015 49.57 82.09 26.51 63.85
4/30/2015 48.55 83.00 29.48 65.43
5/31/2015 50.76 85.58 29.93 67.55
6/30/2015 50.42 82.31 26.91 64.31
7/31/2015 54.76 88.49 29.18 67.75
8/31/2015 43.89 77.05 20.63 57.63
9/30/2015 38.00 72.67 16.19 53.73
10/31/2015 50.42 87.53 25.39 66.70
11/30/2015 51.89 88.06 24.77 67.19
12/31/2015 49.50 85.30 22.58 64.56
1/31/2016 39.00 74.96 15.24 56.39
2/29/2016 33.69 74.88 14.38 56.18
3/31/2016 39.11 86.67 22.15 66.78
4/30/2016 37.60 84.97 24.08 67.42
5/31/2016 42.16 88.56 24.78 70.43
6/30/2016 40.19 87.82 23.38 70.87
7/31/2016 47.89 96.69 28.59 77.17
8/31/2016 47.16 95.71 28.70 77.42
9/30/2016 48.46 96.43 29.38 77.45
10/31/2016 44.03 91.81 26.88 74.22
11/30/2016 44.86 95.99 28.70 80.67
12/31/2016 46.33 98.41 31.78 84.24
1/31/2017 52.49 105.10 34.96 87.73
2/28/2017 58.57 113.62 38.71 95.19
3/31/2017 61.46 116.09 40.18 95.42
4/30/2017 65.65 121.03 42.26 97.42
5/31/2017 68.70 126.78 45.27 100.20
6/30/2017 68.65 126.18 45.83 101.45
7/31/2017 71.51 132.19 49.32 105.59
8/31/2017 73.89 136.45 49.53 106.22
9/30/2017 75.18 139.52 52.88 110.48
10/31/2017 79.45 148.80 55.77 115.39
11/30/2017 83.72 156.36 59.15 121.99

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 12/13/2017

Date 2012 2013 2014 2015 2016
Short Term 1.6941 0.3461
Long Term 2.5532 7.8660 7.0818 2.1269
Total Amount of Distribution 2.5532 9.5601 7.4279 2.1269
Record Date 12/9/13 12/8/14 12/4/15 12/2/16
Ex Div Date 12/10/13 12/9/14 12/7/15 12/5/16
Pay Date 12/11/13 12/9/14 12/7/15 12/5/16

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

Portfolio

Top Issuers

(59.9% of assets as of 11/30/2017)


Portfolio Holdings Breakdown

Country 6
Developed Markets 6
Equity Sector 6
Industry 6
Asset Allocation 6
Market Cap 7
Country Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
United States 95.8% 99.7% -3.9%
Canada 2.6% - -
Belgium 0.4% - -
Developed Markets Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Americas 98.4% 99.7% -1.3%
Europe 0.4% 0.2% 0.2%
Equity Sector Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Information Technology 39.9% 38.2% 1.7%
Consumer Discretionary 18.9% 17.9% 1.0%
Health Care 12.0% 13.2% -1.2%
Industrials 10.5% 12.6% -2.0%
Consumer Staples 5.9% 6.7% -0.8%
Financials 5.3% 3.4% 2.0%
Energy 2.3% 0.8% 1.5%
Utilities 2.1% 0.0% 2.1%
Materials 1.3% 3.7% -2.4%
Real Estate 0.5% 2.5% -2.1%
Industry Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Internet Software & Services 13.6% 8.4% 5.1%
Software 9.0% 9.0% 0.0%
Technology Hardware Storage & Peripherals 7.3% 7.2% 0.1%
IT Services 6.8% 7.6% -0.8%
Specialty Retail 5.9% 3.5% 2.4%
Internet & Direct Marketing Retail 5.5% 5.1% 0.4%
Biotechnology 4.6% 4.5% 0.0%
Capital Markets 4.3% 1.9% 2.4%
Hotels Restaurants & Leisure 3.3% 3.4% -0.1%
Semiconductors & Semiconductor Equipment 3.3% 4.9% -1.6%
Beverages 3.2% 2.9% 0.4%
Media 2.5% 3.1% -0.6%
Health Care Equipment & Supplies 2.4% 2.7% -0.3%
Machinery 2.3% 2.5% -0.1%
Oil Gas & Consumable Fuels 2.3% 0.6% 1.7%
Health Care Providers & Services 2.2% 2.8% -0.7%
Pharmaceuticals 2.0% 1.9% 0.2%
Commercial Services & Supplies 1.8% 0.5% 1.3%
Airlines 1.7% 0.4% 1.3%
Household Durables 1.6% 0.3% 1.3%
Asset Allocation Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Equity 98.8% 100.0% -1.2%
Market Cap Capital Appreciation Fund Russell 1000® Growth Index Overweight / Underweight
Large 74.6% 82.1% -7.5%
Mid 19.1% 17.1% 2.0%
Small 5.2% 0.8% 4.4%
Analytics
(As of 11/30/2017)

Morningstar 11/30/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
1226
Category
Large Growth
Performance Statistics
3Y
5Y
Alpha
-4.78
-3.54
Beta
1.02
1.03
Information Ratio
-1.37
-1.07
R-Squared
89.64
90.14
Sharpe Ratio
0.69
1.21
Standard Deviation
11.55
10.80
Upside Capture
90.34
93.77
Downside Capture
129.87
123.41
Sortino Ratio
0.32
0.62
Win Ratio
33.00
33.00
Loss Ratio
67.00
67.00
Tracking Error
3.72
3.40
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2016
Per Share ($)
$0.04
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.04
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$249.70 B
$227.90 B
Median Market Cap (weighted)
$82.80 B
$93.20 B
P/E Ratio (LTM)
24.17
26.55
P/E Ratio (NTM)
19.56
21.73
Price/Book
4.74
6.71
Return on Equity
23.70%
23.66%
Turnover Ratio
63.00%
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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. Special Risks: 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. For Share Classes with less than a one-year track record, expense ratios are estimated based on the Manager's projections of those expenses for the coming fiscal year.
  5. 5. Access index definitions.
  6. 6. 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.
  7. 7. 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.
  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 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.
  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, 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.
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