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OEGIX

Discovery Mid Cap Growth Fund

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Overview

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

Inception Date
February 28, 2013
Investment Style
Mid Cap Growth
Fund Index
Russell Midcap® Growth Index
CUSIP
68379Y600
NAV
  • C
(as of 05/21/2019)
$23.95
Total Assets
(as of 04/30/2019)
$1.51 BN
Gross Expense Ratio
(as of 04/30/2019)
0.70%
Net Expense Ratio
(as of 04/30/2019)
0.70%
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 04/30/2019
  • H
as of 03/31/2019
  • H

Sales charges are not applicable to Y & I Share Classes.
Cumulative
Annualized
ytd as of 2019-03-31
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
19.27% 9.46% 15.12% 10.58% - 13.25%
Russell Midcap® Growth Index
19.62% 11.51% 15.06% 10.89% 17.93% 7.00%
Cumulative
Annualized
ytd as of 2019-04-30
  • E
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
24.31% 14.13% 16.38% 13.07% - 13.83%
Russell Midcap® Growth Index
25.00% 17.64% 16.78% 12.20% 16.82% 7.22%
Gross Expense Ratio: 0.70% | Net Expense Ratio: 0.70%

The performance data quoted represents past performance, which does not guarantee future results.  The investments 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 and reinvested distributions.  Class I shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.


Year Discovery Mid Cap Growth Fund Russell Midcap® Growth Index
2014 5.94% 11.90%
2015 6.53% -0.20%
2016 2.35% 7.33%
2017 28.54% 25.27%
2018 -6.02% -4.75%

The performance data quoted represents past performance, which does not guarantee future results.  The investments 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 and reinvested distributions.  Class I shares are not subject to a sales charge.  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
4/30/2009 0.00 0.00 0.00 0.00
5/31/2009 2.86 3.59 9.06 5.59
6/30/2009 5.60 6.02 8.57 5.80
7/31/2009 11.33 14.26 17.76 13.81
8/31/2009 12.89 16.59 22.62 17.91
9/30/2009 19.27 24.23 27.51 22.31
10/31/2009 14.32 17.40 25.24 20.04
11/30/2009 19.14 21.75 30.36 27.24
12/31/2009 27.47 31.14 32.70 29.70
1/31/2010 20.05 25.74 27.22 25.03
2/28/2010 26.56 32.14 29.01 28.91
3/31/2010 34.64 42.69 37.00 36.69
4/30/2010 38.80 47.69 37.02 38.84
5/31/2010 29.17 37.66 23.89 27.76
6/30/2010 21.35 28.75 19.64 21.07
7/31/2010 29.04 37.35 29.34 29.55
8/31/2010 24.87 28.64 24.52 23.70
9/30/2010 39.84 45.68 36.13 34.74
10/31/2010 46.22 51.16 41.20 39.87
11/30/2010 54.43 57.25 38.15 39.89
12/31/2010 61.98 68.99 48.31 49.24
1/31/2011 65.10 70.91 51.66 52.77
2/28/2011 75.26 80.27 56.97 58.01
3/31/2011 82.42 85.61 55.42 58.07
4/30/2011 87.76 92.10 62.03 62.75
5/31/2011 84.24 89.73 58.66 60.91
6/30/2011 85.55 86.32 56.15 58.23
7/31/2011 80.08 79.09 53.32 55.01
8/31/2011 65.63 64.43 42.52 46.59
9/30/2011 51.17 46.54 30.21 36.29
10/31/2011 68.88 69.17 43.68 51.18
11/30/2011 68.23 68.36 40.17 50.85
12/31/2011 63.41 66.34 40.09 52.39
1/31/2012 73.31 79.16 47.12 59.22
2/29/2012 84.24 87.39 54.31 66.10
3/31/2012 89.84 90.63 56.29 71.57
4/30/2012 93.10 89.00 54.52 70.49
5/31/2012 80.47 74.76 41.18 60.25
6/30/2012 85.42 80.38 48.37 66.85
7/31/2012 83.07 78.59 50.28 69.17
8/31/2012 90.36 85.48 54.09 72.98
9/30/2012 93.88 89.79 58.32 77.45
10/31/2012 86.85 86.22 57.26 74.17
11/30/2012 88.54 89.49 59.27 75.18
12/31/2012 89.58 93.17 62.26 76.78
1/31/2013 100.13 106.43 70.53 85.93
2/28/2013 100.65 107.71 70.81 88.46
3/31/2013 106.38 116.73 74.81 95.52
4/30/2013 106.51 117.49 80.32 99.29
5/31/2013 110.81 126.43 80.39 103.95
6/30/2013 109.77 123.72 75.94 101.21
7/31/2013 123.96 137.64 85.20 111.45
8/31/2013 125.26 133.12 81.26 105.33
9/30/2013 139.19 144.62 90.33 111.77
10/31/2013 147.79 151.03 97.78 121.50
11/30/2013 150.00 156.58 101.29 128.25
12/31/2013 156.98 164.76 105.55 134.03
1/31/2014 156.43 159.00 97.94 125.94
2/28/2014 174.37 175.27 107.85 136.28
3/31/2014 158.33 170.17 108.15 138.26
4/30/2014 140.80 166.20 110.28 140.02
5/31/2014 145.83 173.43 114.42 145.66
6/30/2014 158.74 181.98 118.25 150.73
7/31/2014 150.86 173.55 114.77 147.27
8/31/2014 164.45 188.29 119.50 157.17
9/30/2014 158.06 179.93 113.54 153.56
10/31/2014 164.72 187.66 114.93 159.75
11/30/2014 171.79 197.11 119.23 166.74
12/31/2014 171.58 196.27 115.70 166.07
1/31/2015 169.63 191.28 111.79 158.08
2/28/2015 189.51 211.32 124.20 172.91
3/31/2015 193.40 212.20 120.69 168.60
4/30/2015 188.17 210.01 125.86 171.17
5/31/2015 196.84 213.69 126.64 174.66
6/30/2015 197.58 208.64 121.37 169.34
7/31/2015 205.06 213.64 125.35 174.99
8/31/2015 188.47 195.39 110.43 158.39
9/30/2015 177.41 183.98 102.67 152.00
10/31/2015 190.71 201.85 118.73 173.26
11/30/2015 192.80 202.51 117.64 174.07
12/31/2015 188.64 195.67 113.82 169.75
1/31/2016 168.46 173.29 101.03 156.36
2/29/2016 163.18 177.58 99.53 156.02
3/31/2016 178.86 197.39 113.07 173.38
4/30/2016 181.34 197.21 116.44 174.44
5/31/2016 190.66 202.08 117.66 179.37
6/30/2016 193.30 202.03 115.22 180.10
7/31/2016 205.88 216.99 124.31 190.42
8/31/2016 205.10 216.06 124.50 190.83
9/30/2016 203.55 215.90 125.69 190.89
10/31/2016 190.81 203.07 121.32 185.58
11/30/2016 198.89 216.24 124.51 196.16
12/31/2016 194.84 217.34 129.88 202.01
1/31/2017 208.61 227.92 135.43 207.74
2/28/2017 218.00 237.35 141.96 219.96
3/31/2017 219.88 239.22 144.53 220.33
4/30/2017 225.98 244.25 148.16 223.62
5/31/2017 238.97 252.48 153.41 228.17
6/30/2017 236.94 253.52 154.38 230.22
7/31/2017 242.57 259.43 160.47 237.01
8/31/2017 247.74 261.96 160.83 238.04
9/30/2017 254.62 272.20 166.69 245.02
10/31/2017 271.52 282.61 171.73 253.07
11/30/2017 279.66 295.40 177.62 263.90
12/31/2017 278.48 297.53 181.37 267.94
1/31/2018 301.92 320.02 196.23 289.01
2/28/2018 287.48 306.84 183.96 274.67
3/31/2018 287.31 306.17 177.77 265.15
4/30/2018 287.14 302.34 180.96 266.55
5/31/2018 302.94 317.39 182.72 275.38
6/30/2018 301.41 319.00 182.58 277.69
7/31/2018 309.22 327.99 191.41 291.74
8/31/2018 337.58 352.66 195.02 304.51
9/30/2018 336.56 350.74 196.66 306.81
10/31/2018 285.62 306.10 174.88 279.01
11/30/2018 288.84 316.43 178.00 286.73
12/31/2018 254.90 278.64 156.86 251.81
1/31/2019 288.40 322.16 176.84 280.00
2/28/2019 310.97 346.91 185.17 292.21
3/31/2019 323.18 352.94 188.91 299.83
4/30/2019 340.95 373.31 199.16 316.02

The performance data quoted represents past performance, which does not guarantee future results.  The investments 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 and reinvested distributions.  Class I 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 05/21/2019

Date 2014 2015 2016 2017 2018
Short Term 0.1317 0.0014
Long Term 1.7708 0.7206 0.1518 1.7268 1.7833
Total Amount of Distribution 1.7708 0.7206 0.1518 1.8585 1.7848
Record Date 12/9/14 12/2/15 12/5/16 12/4/17 12/6/18
Ex Div Date 12/10/14 12/3/15 12/6/16 12/5/17 12/7/18
Pay Date 12/10/14 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

(36.8% of assets as of 04/30/2019)


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 97.9% 100.0% -2.0%
Canada 0.6% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 98.5% 100.0% -1.5%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 30.4% 33.7% -3.3%
Industrials 18.5% 15.8% 2.7%
Consumer Discretionary 16.3% 16.2% 0.1%
Health Care 13.7% 13.5% 0.2%
Financials 6.1% 6.7% -0.6%
Consumer Staples 4.2% 3.0% 1.2%
Communication Services 3.1% 3.9% -0.8%
Real Estate 2.8% 2.2% 0.6%
Materials 2.3% 3.5% -1.2%
Energy 1.1% 1.4% -0.3%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 10.0% 12.8% -2.8%
IT Services 7.8% 8.1% -0.3%
Health Care Equipment & Supplies 7.2% 5.1% 2.1%
Semiconductors & Semiconductor Equipment 6.2% 6.4% -0.2%
Specialty Retail 5.5% 4.8% 0.7%
Life Sciences Tools & Services 4.9% 1.6% 3.3%
Commercial Services & Supplies 4.5% 1.4% 3.1%
Professional Services 4.0% 2.0% 2.0%
Electronic Equipment Instruments & Components 4.0% 2.5% 1.5%
Hotels Restaurants & Leisure 3.7% 3.6% 0.1%
Capital Markets 3.4% 4.7% -1.4%
Textiles Apparel & Luxury Goods 2.9% 2.0% 0.8%
Aerospace & Defense 2.6% 2.5% 0.1%
Industrial Conglomerates 2.4% 0.2% 2.2%
Food Products 2.3% 1.0% 1.2%
Insurance 2.3% 0.4% 1.9%
Machinery 2.2% 4.0% -1.8%
Equity Real Estate Investment Trusts (REITs) 2.0% 1.9% 0.1%
Distributors 1.7% 0.3% 1.4%
Diversified Consumer Services 1.6% 0.8% 0.8%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 98.5% 100.0% -1.5%
Net Cash and Equivalents 1.5% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 55.6% 53.1% 2.5%
Large 42.5% 45.4% -2.8%
Small 0.4% 1.5% -1.2%
Analytics
(As of 04/30/2019)

Morningstar 04/30/2019 (based on risk adjusted performance)
Overall Rating
Number of Funds
549
Category
Mid-Cap Growth
Analyst Rating (as of 7/31/18)
Bronze
Performance Statistics
3Y
5Y
Alpha
-0.27
1.23
Beta
1.00
0.96
Information Ratio
-0.11
0.23
R-Squared
93.07
91.73
Sharpe Ratio
1.07
0.93
Standard Deviation
13.88
13.37
Sortino Ratio
1.62
1.44
Win Ratio
53.00
60.00
Loss Ratio
47.00
40.00
Tracking Error
3.66
3.87
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$18.05 B
$18.31 B
Median Market Cap (weighted)
$17.68 B
$16.44 B
P/E Ratio (LTM)
35.57
28.44
P/E Ratio (NTM)
27.83
22.96
Price/Book
7.22
6.73
Return on Equity
14.77%
20.84%
Turnover Ratio
108%
-
Active Share
74.37%
-
Dividends
  • F
Est. Frequency
Annual
Last Pay Date
12/7/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • F
Net Income
0.00%
Net Profit from Sale
93.00%
Other Capital Sources
7.00%
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. 7. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million.  Class I shares are sold at net asset value without a sales charge.  Please see Fund prospectuses for additional information.
  8. 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>
  9. B. 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 star s, and the bottom 10% receive 1 star. 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. 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. Oppenheimer Discovery Mid Cap Growth Fund was rated against the following numbers of Mid-Cap Growth funds over the following time periods: the fund was rated 3 stars among 549 funds in the last three years, 4 stars among 488 in the last five years, and 4 stars among 351 in the last ten years. <strong>Past performance does not guarantee future results.</strong>
  10. 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.
  11. 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.
  12. 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.
  13. F. There is no guarantee of the payment of any dividend or other distributions at any level.
  14. G. 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.
  15. H. The performance data quoted represents past performance, which does not guarantee future results.  The investments 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 and reinvested distributions.  Class I shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
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