Spoof Access

×
ODIYX

Discovery Fund
  • A,B
  • 1

x
Special Notice

As of 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus for further information.

×
Overview

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

Inception Date
June 1, 1994
Investment Style
Small Cap Growth
Fund Index
Russell 2000® Growth Index
CUSIP
683921308
NAV
  • C
(as of 02/15/2019)
$86.53
Total Assets
(as of 01/31/2019)
$2.29 BN
Gross Expense Ratio
(as of 01/31/2019)
0.84%
Net Expense Ratio
(as of 01/31/2019)
0.84%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 01/31/2019
  • D
as of 12/31/2018
  • D

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
ytd as of 2018-12-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
-3.36% -3.36% 9.33% 5.54% 14.16% 8.24%
Russell 2000® Growth Index
-9.31% -9.31% 7.24% 5.13% 13.52% -
Cumulative
Annualized
ytd as of 2019-01-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
11.48% 3.05% 17.21% 8.21% 15.97% 8.69%
Russell 2000® Growth Index
11.55% -2.63% 15.55% 7.83% 15.68% -
Gross Expense Ratio: 0.84% | Net Expense Ratio: 0.84%

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.


Year Discovery Fund Russell 2000® Growth Index
1995 36.97% 31.04%
1996 15.08% 11.26%
1997 10.74% 12.95%
1998 -1.73% 1.23%
1999 51.72% 43.09%
2000 -13.04% -22.43%
2001 -11.32% -9.23%
2002 -23.86% -30.26%
2003 39.34% 48.54%
2004 4.33% 14.31%
2005 1.60% 4.15%
2006 5.07% 13.35%
2007 26.08% 7.05%
2008 -38.41% -38.54%
2009 27.64% 34.47%
2010 28.33% 29.09%
2011 1.90% -2.91%
2012 17.41% 14.59%
2013 46.55% 43.30%
2014 -1.96% 5.60%
2015 2.22% -1.38%
2016 4.48% 11.32%
2017 29.40% 22.17%
2018 -3.36% -9.31%

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.


Date Discovery Fund Russell 2000® Growth Index MSCI World S&P 500
1/31/2009 0.00 0.00 0.00 0.00
2/28/2009 -9.12 -10.35 -10.24 -10.65
3/31/2009 -3.90 -2.31 -3.47 -2.82
4/30/2009 2.14 12.40 7.36 6.48
5/31/2009 5.25 16.75 17.09 12.44
6/30/2009 8.51 20.53 16.56 12.66
7/31/2009 15.01 29.88 26.43 21.18
8/31/2009 16.51 31.14 31.65 25.56
9/30/2009 23.87 39.75 36.90 30.24
10/31/2009 18.04 30.05 34.46 27.82
11/30/2009 23.49 34.07 39.96 35.49
12/31/2009 33.94 45.54 42.47 38.10
1/31/2010 27.13 39.03 36.58 33.14
2/28/2010 32.24 45.10 38.51 37.26
3/31/2010 42.83 56.62 47.08 45.54
4/30/2010 47.36 63.20 47.10 47.84
5/31/2010 38.27 52.41 33.01 36.04
6/30/2010 29.12 42.18 28.45 28.92
7/31/2010 35.27 51.58 38.87 37.95
8/31/2010 28.80 40.53 33.68 31.72
9/30/2010 45.17 60.42 46.15 43.48
10/31/2010 53.82 67.33 51.60 48.93
11/30/2010 62.22 74.62 48.32 48.95
12/31/2010 71.89 87.88 59.23 58.91
1/31/2011 75.21 86.83 62.83 62.67
2/28/2011 88.43 97.81 68.53 68.25
3/31/2011 97.55 105.23 66.86 68.31
4/30/2011 107.10 112.63 73.95 73.30
5/31/2011 101.41 108.48 70.34 71.34
6/30/2011 100.35 104.02 67.65 68.48
7/31/2011 91.98 96.03 64.61 65.06
8/31/2011 76.10 79.24 53.01 56.09
9/30/2011 61.13 58.63 39.80 45.12
10/31/2011 79.68 83.79 54.26 60.98
11/30/2011 78.36 82.82 50.49 60.62
12/31/2011 75.15 82.41 50.41 62.26
1/31/2012 84.02 96.06 57.95 69.54
2/29/2012 95.42 102.52 65.67 76.87
3/31/2012 100.86 106.63 67.80 82.69
4/30/2012 106.12 103.24 65.89 81.54
5/31/2012 92.32 88.75 51.57 70.63
6/30/2012 97.70 98.49 59.30 77.66
7/31/2012 98.15 95.03 61.35 80.13
8/31/2012 107.00 102.03 65.44 84.18
9/30/2012 113.23 108.09 69.98 88.94
10/31/2012 105.60 101.62 68.83 85.46
11/30/2012 103.02 103.17 70.99 86.53
12/31/2012 105.65 109.02 74.21 88.23
1/31/2013 117.66 122.78 83.08 97.98
2/28/2013 118.21 125.14 83.39 100.67
3/31/2013 129.28 136.64 87.68 108.19
4/30/2013 127.23 135.08 93.59 112.21
5/31/2013 138.14 147.01 93.67 117.17
6/30/2013 140.03 145.47 88.89 114.25
7/31/2013 159.46 164.04 98.84 125.16
8/31/2013 163.24 158.88 94.61 118.63
9/30/2013 179.32 176.90 104.34 125.49
10/31/2013 186.03 181.95 112.34 135.86
11/30/2013 193.15 193.53 116.11 143.04
12/31/2013 201.37 199.53 120.68 149.20
1/31/2014 196.58 194.36 112.51 140.58
2/28/2014 211.98 208.59 123.15 151.59
3/31/2014 194.35 200.98 123.47 153.70
4/30/2014 168.61 185.53 125.76 155.58
5/31/2014 167.74 188.29 130.20 161.58
6/30/2014 187.68 206.17 134.32 166.98
7/31/2014 170.01 187.63 130.58 163.30
8/31/2014 182.86 203.67 135.66 173.83
9/30/2014 173.85 187.41 129.27 169.99
10/31/2014 188.10 205.24 130.75 176.58
11/30/2014 190.93 207.21 135.37 184.02
12/31/2014 195.47 216.32 131.58 183.31
1/31/2015 190.21 209.10 127.38 174.80
2/28/2015 212.05 231.34 140.70 190.60
3/31/2015 217.58 237.29 136.94 186.00
4/30/2015 206.30 227.37 142.49 188.74
5/31/2015 221.36 239.39 143.33 192.46
6/30/2015 228.94 243.96 137.67 186.80
7/31/2015 239.77 245.36 141.94 192.80
8/31/2015 211.86 219.19 125.93 175.14
9/30/2015 197.64 199.03 117.59 168.33
10/31/2015 209.04 215.99 134.84 190.97
11/30/2015 213.92 227.57 133.67 191.83
12/31/2015 202.02 211.95 129.56 187.23
1/31/2016 173.26 178.15 115.83 172.97
2/29/2016 167.84 176.18 114.22 172.61
3/31/2016 184.67 197.34 128.76 191.10
4/30/2016 189.36 200.30 132.38 192.23
5/31/2016 197.29 208.39 133.68 197.48
6/30/2016 204.16 206.97 131.06 198.25
7/31/2016 216.94 227.05 140.83 209.24
8/31/2016 218.19 230.52 141.03 209.68
9/30/2016 218.19 235.28 142.31 209.74
10/31/2016 201.98 214.45 137.62 204.09
11/30/2016 220.38 242.58 141.03 215.35
12/31/2016 215.57 247.25 146.80 221.58
1/31/2017 229.14 252.89 152.76 227.68
2/28/2017 236.53 261.54 159.77 240.69
3/31/2017 243.29 265.83 162.54 241.09
4/30/2017 251.78 272.56 166.42 244.59
5/31/2017 257.03 269.18 172.06 249.44
6/30/2017 261.18 281.88 173.11 251.62
7/31/2017 265.97 285.13 179.64 258.85
8/31/2017 265.30 284.68 180.04 259.95
9/30/2017 281.51 305.63 186.32 267.38
10/31/2017 295.87 311.91 191.73 275.95
11/30/2017 308.22 323.74 198.06 287.48
12/31/2017 308.38 324.23 202.09 291.79
1/31/2018 326.94 340.76 218.04 314.22
2/28/2018 320.82 328.22 204.86 298.95
3/31/2018 325.17 333.98 198.22 288.81
4/30/2018 323.16 334.41 201.64 290.30
5/31/2018 356.60 361.76 203.53 299.70
6/30/2018 357.44 365.37 203.39 302.16
7/31/2018 364.50 373.37 212.86 317.13
8/31/2018 404.49 402.84 216.73 330.72
9/30/2018 400.10 391.07 218.50 333.17
10/31/2018 340.88 328.93 195.11 303.57
11/30/2018 345.00 335.64 198.46 311.79
12/31/2018 294.68 284.74 175.77 274.61
1/31/2019 339.99 329.17 197.23 304.63

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.

$ per share as of 02/16/2019

Date 2014 2015 2016 2017 2018
Short Term 0.8881
Long Term 7.0126 4.6368 2.9326 9.6645 11.0579
Total Amount of Distribution 7.0126 4.6368 2.9326 9.6645 11.9460
Record Date 12/2/14 12/2/15 12/5/16 12/4/17 12/6/18
Ex Div Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18
Pay Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18

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

Portfolio

Top Issuers

(38.1% of assets as of 01/31/2019)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Discovery Fund Russell 2000® Growth Index Overweight / Underweight
United States 96.8% 99.9% -3.2%
Canada 0.9% 0.1% 0.9%
Developed Markets Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Americas 97.7% 100.0% -2.3%
Equity Sector Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Health Care 25.9% 26.3% -0.4%
Information Technology 22.6% 18.6% 4.0%
Consumer Discretionary 17.9% 14.8% 3.0%
Industrials 14.4% 17.8% -3.4%
Financials 7.8% 7.2% 0.6%
Materials 4.0% 3.4% 0.6%
Consumer Staples 3.0% 2.9% 0.0%
Communication Services 1.4% 3.5% -2.1%
Energy 0.7% 1.8% -1.1%
Industry Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Software 14.4% 10.0% 4.3%
Health Care Equipment & Supplies 11.0% 6.4% 4.6%
Hotels Restaurants & Leisure 5.6% 4.6% 1.0%
Biotechnology 5.6% 11.5% -5.9%
Aerospace & Defense 4.9% 1.2% 3.7%
Life Sciences Tools & Services 4.5% 0.7% 3.8%
Machinery 4.2% 4.6% -0.4%
Health Care Providers & Services 3.2% 2.9% 0.3%
Diversified Consumer Services 3.1% 1.0% 2.2%
Chemicals 2.9% 2.3% 0.6%
Insurance 2.6% 1.5% 1.1%
Building Products 2.4% 2.1% 0.3%
Food Products 2.4% 0.8% 1.6%
Semiconductors & Semiconductor Equipment 2.3% 3.5% -1.2%
Internet Software & Services 2.2% 0.4% 1.8%
IT Services 2.2% 2.1% 0.2%
Multiline Retail 1.9% 0.4% 1.4%
Internet & Direct Marketing Retail 1.9% 1.7% 0.2%
Capital Markets 1.9% 1.4% 0.5%
Distributors 1.8% 0.0% 1.8%
Asset Allocation Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Equity 97.7% 100.0% -2.3%
Market Cap Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Mid 69.9% 31.6% 38.3%
Small 27.8% 68.4% -40.6%
Analytics
(As of 01/31/2019)

Morningstar 01/31/2019 (based on risk adjusted performance)
Overall Rating
Number of Funds
585
Category
Small Growth
Analyst Rating (as of 7/19/18)
Silver
Performance Statistics
3Y
5Y
Alpha
2.69
0.85
Beta
0.91
0.93
Information Ratio
0.32
0.07
R-Squared
90.21
90.38
Sharpe Ratio
1.02
0.52
Standard Deviation
15.66
16.70
Upside Capture
93.91
95.40
Downside Capture
77.15
92.05
Sortino Ratio
1.57
0.74
Win Ratio
50.00
50.00
Loss Ratio
50.00
50.00
Tracking Error
5.14
5.30
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$4.59 B
$2.49 B
Median Market Cap (weighted)
$4.65 B
$2.25 B
P/E Ratio (LTM)
51.80
33.71
P/E Ratio (NTM)
32.64
23.31
Price/Book
5.79
3.96
Return on Equity
5.94%
8.83%
EPS Growth Rate 5Y
41.77%
-
Sales Growth Rate 5Y
18.38%
-
Turnover Ratio
91%
-
Active Share
84.19%
-
Dividends
  • F
Est. Frequency
Annual
Last Pay Date
12/7/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • F
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Tools
Morningstar logo 95x28 trans
Documents
  1. 1. Small-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 small-sized company, if any gain is realized at all. Investments in securities of growth companies may be volatile. 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 Russell 2000® Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000 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.
  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. 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 morelikely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weighting of each pillar may vary. The Analyst Rating reflects an overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with threepositive 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 causeMstar’s expectations not to occur or to differ significantly.
  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. Effective 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus supplement for further information.
  9. C. 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.
  10. D. 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.
  11. E. "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.
  12. F. 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 )