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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 11/16/2018)
$20.20
Total Assets
(as of 10/31/2018)
$1.26 BN
Gross Expense Ratio
(as of 10/31/2018)
1.13%
Net Expense Ratio
(as of 10/31/2018)
1.13%
Other Investment Options

For a suite of investment vehicles beyond mutual funds, please visit OFIglobal.com. OFI Global Asset Management™, an OppenheimerFunds company, delivers the firm’s investment expertise and solutions to institutional and high-net worth investors.

Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 10/31/2018
  • B
as of 09/30/2018
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
15.20% 22.87% 16.02% 12.51% 11.88% 7.58%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 5.90%
Cumulative
Annualized
ytd as of 2018-09-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
8.57% 15.81% 13.75% 11.18% 11.22% 7.23%
Russell Midcap® Growth Index
13.38% 21.10% 16.65% 13.00% 13.40% 5.90%
Cumulative
Annualized
ytd as of 2018-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
1.70% 3.52% 9.60% 8.98% 12.84% 6.80%
Russell Midcap® Growth Index
2.16% 6.14% 10.39% 10.10% 15.12% 5.26%
Cumulative
Annualized
ytd as of 2018-10-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
-4.14% -2.43% 7.46% 7.70% 12.17% 6.45%
Russell Midcap® Growth Index
2.16% 6.14% 10.39% 10.10% 15.12% 5.26%
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% -11.29%
2002 -36.78% 0.07%
2003 63.53% -0.87%
2004 5.35% -0.18%
2005 4.61% 5.50%
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
10/31/2008 0.00 0.00 0.00 0.00
11/30/2008 -11.47 -11.28 -6.47 -7.18
12/31/2008 -8.14 -6.78 -3.47 -6.19
1/31/2009 -12.45 -12.39 -11.93 -14.09
2/28/2009 -20.47 -19.97 -20.94 -23.24
3/31/2009 -15.54 -12.35 -14.98 -16.52
4/30/2009 -10.11 0.69 -5.44 -8.53
5/31/2009 -7.64 4.31 3.12 -3.41
6/30/2009 -5.18 6.76 2.66 -3.22
7/31/2009 -0.12 15.05 11.35 4.10
8/31/2009 1.23 17.40 15.95 7.86
9/30/2009 6.91 25.09 20.57 11.88
10/31/2009 2.47 18.21 18.42 9.80
11/30/2009 6.66 22.60 23.26 16.39
12/31/2009 14.06 32.05 25.47 18.64
1/31/2010 7.40 26.61 20.29 14.37
2/28/2010 13.19 33.06 21.98 17.91
3/31/2010 20.35 43.68 29.54 25.03
4/30/2010 24.04 48.72 29.56 27.00
5/31/2010 15.41 38.62 17.15 16.86
6/30/2010 8.38 29.65 13.13 10.74
7/31/2010 15.17 38.30 22.30 18.50
8/31/2010 11.34 29.54 17.74 13.15
9/30/2010 24.66 46.69 28.71 23.25
10/31/2010 30.33 52.21 33.51 27.94
11/30/2010 37.48 58.34 30.63 27.96
12/31/2010 44.14 70.17 40.23 36.51
1/31/2011 46.86 72.09 43.40 39.75
2/28/2011 55.86 81.52 48.42 44.53
3/31/2011 62.15 86.90 46.96 44.59
4/30/2011 66.83 93.43 53.20 48.87
5/31/2011 63.63 91.05 50.03 47.19
6/30/2011 64.73 87.61 47.65 44.73
7/31/2011 59.80 80.33 44.97 41.79
8/31/2011 46.86 65.57 34.76 34.09
9/30/2011 34.03 47.55 23.12 24.66
10/31/2011 49.57 70.34 35.86 38.29
11/30/2011 49.08 69.53 32.54 37.98
12/31/2011 44.64 67.49 32.47 39.39
1/31/2012 53.39 80.40 39.11 45.64
2/29/2012 63.01 88.69 45.91 51.94
3/31/2012 67.94 91.95 47.78 56.94
4/30/2012 70.65 90.31 46.11 55.95
5/31/2012 59.56 75.97 33.49 46.58
6/30/2012 63.75 81.63 40.30 52.62
7/31/2012 61.65 79.83 42.10 54.74
8/31/2012 67.94 86.77 45.70 58.22
9/30/2012 71.02 91.11 49.70 62.31
10/31/2012 64.73 87.51 48.69 59.32
11/30/2012 66.21 90.80 50.60 60.24
12/31/2012 67.08 94.51 53.43 61.70
1/31/2013 76.33 107.87 61.24 70.08
2/28/2013 76.70 109.15 61.51 72.38
3/31/2013 81.75 118.23 65.29 78.85
4/30/2013 81.75 119.00 70.50 82.30
5/31/2013 85.45 128.00 70.56 86.56
6/30/2013 84.46 125.27 66.36 84.05
7/31/2013 96.92 139.29 75.12 93.42
8/31/2013 98.03 134.74 71.39 87.82
9/30/2013 110.23 146.31 79.96 93.71
10/31/2013 117.63 152.77 87.01 102.61
11/30/2013 119.61 158.36 90.33 108.79
12/31/2013 125.59 166.59 94.36 114.07
1/31/2014 124.95 160.79 87.16 106.67
2/28/2014 140.83 177.18 96.53 116.13
3/31/2014 126.75 172.04 96.81 117.94
4/30/2014 111.26 168.05 98.83 119.55
5/31/2014 115.65 175.33 102.74 124.71
6/30/2014 126.88 183.94 106.37 129.35
7/31/2014 119.91 175.45 103.08 126.19
8/31/2014 131.79 190.29 107.55 135.23
9/30/2014 126.24 181.87 101.92 131.94
10/31/2014 131.92 189.65 103.22 137.60
11/30/2014 138.12 199.17 107.30 143.99
12/31/2014 137.78 198.32 103.95 143.38
1/31/2015 136.06 193.30 100.26 136.07
2/28/2015 153.53 213.48 111.99 149.64
3/31/2015 156.83 214.37 108.67 145.69
4/30/2015 152.10 212.16 113.57 148.05
5/31/2015 159.69 215.87 114.30 151.24
6/30/2015 160.41 210.78 109.32 146.37
7/31/2015 166.85 215.82 113.08 151.53
8/31/2015 152.24 197.44 98.98 136.36
9/30/2015 142.65 185.95 91.64 130.51
10/31/2015 154.11 203.95 106.82 149.95
11/30/2015 155.97 204.61 105.79 150.70
12/31/2015 152.27 197.73 102.18 146.74
1/31/2016 134.49 175.19 90.08 134.50
2/29/2016 129.86 179.50 88.67 134.18
3/31/2016 143.61 199.45 101.47 150.07
4/30/2016 145.55 199.27 104.66 151.04
5/31/2016 153.61 204.18 105.81 155.55
6/30/2016 156.00 204.13 103.50 156.21
7/31/2016 166.76 219.19 112.10 165.66
8/31/2016 166.16 218.25 112.28 166.03
9/30/2016 164.67 218.09 113.40 166.08
10/31/2016 153.61 205.17 109.27 161.23
11/30/2016 160.48 218.44 112.28 170.90
12/31/2016 157.04 219.54 117.36 176.25
1/31/2017 168.94 230.20 122.61 181.49
2/28/2017 177.08 239.69 128.78 192.67
3/31/2017 178.58 241.58 131.22 193.01
4/30/2017 183.86 246.64 134.64 196.02
5/31/2017 195.16 254.92 139.61 200.19
6/30/2017 193.35 255.97 140.53 202.06
7/31/2017 198.17 261.92 146.29 208.27
8/31/2017 202.69 264.47 146.63 209.22
9/30/2017 208.42 274.78 152.17 215.59
10/31/2017 223.18 285.27 156.93 222.96
11/30/2017 230.26 298.14 162.50 232.86
12/31/2017 228.96 300.29 166.05 236.56
1/31/2018 249.42 322.93 180.10 255.83
2/28/2018 236.88 309.66 168.50 242.72
3/31/2018 236.55 308.99 162.64 234.01
4/30/2018 236.39 305.13 165.66 235.29
5/31/2018 249.92 320.28 167.33 243.37
6/30/2018 248.60 321.90 167.20 245.48
7/31/2018 255.36 330.96 175.54 258.34
8/31/2018 279.78 355.80 178.95 270.01
9/30/2018 278.95 353.86 180.51 272.12
10/31/2018 234.57 308.92 159.91 246.68

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 11/17/2018

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

(35.8% of assets as of 10/31/2018)


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 96.9% 100.0% -3.0%
Canada 0.4% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 97.3% 100.0% -2.6%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 26.8% 30.9% -4.1%
Industrials 17.9% 16.1% 1.8%
Consumer Discretionary 16.9% 16.8% 0.1%
Health Care 16.3% 14.6% 1.7%
Financials 6.7% 6.7% 0.0%
Consumer Staples 4.3% 3.2% 1.2%
Materials 2.7% 3.5% -0.9%
Communication Services 2.7% 4.3% -1.5%
Energy 2.3% 1.7% 0.6%
Real Estate 0.8% 2.2% -1.4%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 10.8% 10.5% 0.3%
IT Services 9.0% 8.3% 0.7%
Health Care Equipment & Supplies 8.0% 5.4% 2.6%
Specialty Retail 5.6% 5.1% 0.5%
Professional Services 5.5% 2.0% 3.4%
Commercial Services & Supplies 4.9% 1.4% 3.5%
Hotels Restaurants & Leisure 4.4% 3.6% 0.8%
Life Sciences Tools & Services 4.4% 1.6% 2.9%
Food Products 3.8% 1.1% 2.7%
Electronic Equipment Instruments & Components 3.5% 2.5% 1.0%
Capital Markets 3.0% 4.7% -1.7%
Insurance 2.6% 0.4% 2.2%
Health Care Providers & Services 2.6% 2.7% -0.1%
Oil Gas & Consumable Fuels 2.3% 1.7% 0.6%
Textiles Apparel & Luxury Goods 2.1% 2.1% 0.0%
Semiconductors & Semiconductor Equipment 2.0% 5.4% -3.4%
Industrial Conglomerates 1.9% 0.2% 1.7%
Chemicals 1.7% 1.4% 0.3%
Machinery 1.7% 3.9% -2.2%
Aerospace & Defense 1.5% 2.5% -1.0%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 97.3% 100.0% -2.7%
Net Cash and Equivalents 2.7% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 72.2% 64.5% 7.7%
Large 24.6% 32.7% -8.1%
Small 0.5% 2.8% -2.3%
Analytics
(As of 10/31/2018)

Morningstar 10/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
537
Category
Mid-Cap Growth
Analyst Rating (as of 7/31/18)
Bronze
Performance Statistics
3Y
5Y
Alpha
-0.85
-1.11
Beta
1.02
1.02
Information Ratio
-0.20
-0.23
R-Squared
90.40
86.14
Sharpe Ratio
0.71
0.69
Standard Deviation
12.65
12.96
Sortino Ratio
1.03
1.02
Win Ratio
53.00
55.00
Loss Ratio
47.00
45.00
Tracking Error
3.94
4.83
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$14.49 B
$15.22 B
Median Market Cap (weighted)
$13.03 B
$13.64 B
P/E Ratio (LTM)
30.24
25.30
P/E Ratio (NTM)
23.44
19.95
Price/Book
5.52
6.13
Return on Equity
15.16%
17.40%
EPS Growth Rate 5Y
30.76%
-
Sales Growth Rate 5Y
14.74%
-
Turnover Ratio
139%
-
Active Share
74.25%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2017
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • D
Net Income
0.00%
Net Profit from Sale
100.00%
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. 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 index returns are made up of the returns of (i) the Russell 2500™ Growth Index from November, 1, 2000 through June 30, 2013, and (ii) the Russell Midcap® Growth Index from July 1, 2013 to present.  Index performance includes total returns from when first available. The Russell Midcap® Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe. It includes those Russell Midcap® Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2500™ Growth Index measures the performance of the small to mid-cap growth segment of the U.S. equity universe. It includes those Russell 2500 companies with higher price-to-book ratios and higher forecasted growth values. The indices are 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. 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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