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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
  • A
(as of 09/20/2018)
$25.87
Total Assets
(as of 08/31/2018)
$1.35 BN
Gross Expense Ratio
(as of 08/31/2018)
0.71%
Net Expense Ratio
(as of 08/31/2018)
0.71%
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 08/31/2018
  • F
as of 06/30/2018
  • F

Sales charges are not applicable to Y & I Share Classes.
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)
6.17% 19.33% 10.69% 14.09% - 14.09%
Russell Midcap® Growth Index
5.40% 18.52% 10.73% 13.37% 11.13% 5.55%
Cumulative
Annualized
ytd as of 2018-08-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
15.75% 26.04% 15.09% 14.41% - 15.43%
Russell Midcap® Growth Index
13.87% 25.06% 15.29% 14.19% 11.85% 5.96%
Gross Expense Ratio: 0.71% | Net Expense Ratio: 0.71%

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%

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
8/31/2008 0.00 0.00 0.00 0.00
9/30/2008 -12.57 -13.24 -11.89 -8.91
10/31/2008 -29.06 -32.78 -28.60 -24.21
11/30/2008 -37.22 -40.36 -33.22 -29.65
12/31/2008 -34.72 -37.33 -31.08 -28.90
1/31/2009 -37.80 -41.10 -37.12 -34.89
2/28/2009 -43.46 -46.20 -43.55 -41.82
3/31/2009 -39.97 -41.08 -39.30 -36.73
4/30/2009 -36.05 -32.31 -32.49 -30.67
5/31/2009 -34.22 -29.88 -26.37 -26.79
6/30/2009 -32.47 -28.23 -26.70 -26.65
7/31/2009 -28.81 -22.66 -20.49 -21.10
8/31/2009 -27.81 -21.08 -17.21 -18.25
9/30/2009 -23.73 -15.91 -13.91 -15.20
10/31/2009 -26.89 -20.53 -15.45 -16.78
11/30/2009 -23.81 -17.59 -11.99 -11.79
12/31/2009 -18.48 -11.23 -10.41 -10.08
1/31/2010 -23.23 -14.89 -14.11 -13.32
2/28/2010 -19.07 -10.55 -12.90 -10.63
3/31/2010 -13.91 -3.41 -7.51 -5.24
4/30/2010 -11.24 -0.03 -7.49 -3.74
5/31/2010 -17.40 -6.82 -16.36 -11.43
6/30/2010 -22.40 -12.85 -19.22 -16.07
7/31/2010 -17.49 -7.03 -12.67 -10.18
8/31/2010 -20.15 -12.92 -15.93 -14.24
9/30/2010 -10.57 -1.39 -8.10 -6.59
10/31/2010 -6.49 2.32 -4.67 -3.03
11/30/2010 -1.25 6.44 -6.73 -3.02
12/31/2010 3.58 14.39 0.13 3.46
1/31/2011 5.58 15.69 2.39 5.91
2/28/2011 12.07 22.03 5.98 9.54
3/31/2011 16.65 25.64 4.93 9.59
4/30/2011 20.07 30.03 9.39 12.83
5/31/2011 17.82 28.43 7.12 11.56
6/30/2011 18.65 26.12 5.43 9.70
7/31/2011 15.15 21.22 3.51 7.46
8/31/2011 5.91 11.30 -3.78 1.63
9/30/2011 -3.33 -0.81 -12.09 -5.52
10/31/2011 7.99 14.51 -3.00 4.81
11/30/2011 7.58 13.97 -5.37 4.58
12/31/2011 4.50 12.59 -5.42 5.65
1/31/2012 10.82 21.27 -0.67 10.38
2/29/2012 17.82 26.84 4.18 15.16
3/31/2012 21.40 29.04 5.52 18.94
4/30/2012 23.48 27.93 4.32 18.20
5/31/2012 15.40 18.29 -4.68 11.09
6/30/2012 18.57 22.10 0.17 15.67
7/31/2012 17.07 20.89 1.46 17.28
8/31/2012 21.73 25.55 4.03 19.92
9/30/2012 23.98 28.47 6.89 23.02
10/31/2012 19.48 26.05 6.17 20.75
11/30/2012 20.57 28.27 7.53 21.45
12/31/2012 21.23 30.76 9.55 22.55
1/31/2013 27.98 39.74 15.13 28.90
2/28/2013 28.31 40.60 15.32 30.65
3/31/2013 31.97 46.71 18.02 35.55
4/30/2013 32.06 47.22 21.74 38.16
5/31/2013 34.80 53.27 21.78 41.40
6/30/2013 34.14 51.44 18.78 39.50
7/31/2013 43.21 60.86 25.04 46.60
8/31/2013 44.05 57.80 22.38 42.35
9/30/2013 52.96 65.58 28.50 46.81
10/31/2013 58.45 69.92 33.53 53.56
11/30/2013 59.87 73.68 35.90 58.24
12/31/2013 64.33 79.21 38.77 62.25
1/31/2014 63.98 75.32 33.63 56.64
2/28/2014 75.45 86.33 40.32 63.80
3/31/2014 65.20 82.88 40.53 65.18
4/30/2014 53.99 80.19 41.97 66.40
5/31/2014 57.20 85.09 44.76 70.31
6/30/2014 65.46 90.87 47.35 73.83
7/31/2014 60.42 85.17 45.00 71.43
8/31/2014 69.11 95.14 48.19 78.29
9/30/2014 65.02 89.48 44.17 75.79
10/31/2014 69.28 94.71 45.10 80.08
11/30/2014 73.80 101.11 48.01 84.92
12/31/2014 73.66 100.54 45.63 84.46
1/31/2015 72.42 97.17 42.99 78.92
2/28/2015 85.13 110.74 51.36 89.20
3/31/2015 87.62 111.33 48.99 86.21
4/30/2015 84.27 109.85 52.49 88.00
5/31/2015 89.82 112.34 53.01 90.41
6/30/2015 90.29 108.92 49.46 86.73
7/31/2015 95.07 112.30 52.14 90.64
8/31/2015 84.46 99.95 42.07 79.14
9/30/2015 77.39 92.23 36.83 74.71
10/31/2015 85.90 104.33 47.67 89.44
11/30/2015 87.24 104.77 46.94 90.01
12/31/2015 84.58 100.14 44.36 87.01
1/31/2016 71.67 84.99 35.72 77.73
2/29/2016 68.29 87.89 34.71 77.49
3/31/2016 78.32 101.30 43.85 89.53
4/30/2016 79.91 101.18 46.13 90.27
5/31/2016 85.87 104.48 46.95 93.68
6/30/2016 87.55 104.45 45.30 94.18
7/31/2016 95.60 114.57 51.44 101.34
8/31/2016 95.10 113.94 51.57 101.63
9/30/2016 94.11 113.84 52.37 101.66
10/31/2016 85.97 105.15 49.42 97.99
11/30/2016 91.13 114.07 51.57 105.32
12/31/2016 88.54 114.81 55.20 109.38
1/31/2017 97.35 121.97 58.94 113.35
2/28/2017 103.35 128.36 63.35 121.82
3/31/2017 104.55 129.62 65.09 122.08
4/30/2017 108.46 133.03 67.54 124.36
5/31/2017 116.76 138.59 71.08 127.51
6/30/2017 115.46 139.30 71.74 128.94
7/31/2017 119.06 143.30 75.85 133.64
8/31/2017 122.37 145.01 76.10 134.36
9/30/2017 126.77 151.94 80.05 139.19
10/31/2017 137.58 158.99 83.45 144.77
11/30/2017 142.78 167.65 87.43 152.28
12/31/2017 142.03 169.09 89.96 155.09
1/31/2018 157.01 184.31 99.99 169.69
2/28/2018 147.78 175.39 91.71 159.75
3/31/2018 147.67 174.94 87.53 153.15
4/30/2018 147.57 172.34 89.69 154.12
5/31/2018 157.66 182.53 90.87 160.24
6/30/2018 156.69 183.62 90.78 161.84
7/31/2018 161.68 189.71 96.74 171.59
8/31/2018 179.81 206.41 99.18 180.44

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 09/21/2018

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

(34.5% of assets as of 08/31/2018)


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 95.1% 100.0% -4.8%
Canada 2.0% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Americas 97.1% 100.0% -2.8%
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Information Technology 30.7% 33.6% -2.8%
Industrials 18.6% 16.4% 2.2%
Health Care 16.1% 14.9% 1.1%
Consumer Discretionary 15.1% 17.8% -2.7%
Financials 7.3% 7.0% 0.2%
Materials 3.6% 3.6% 0.0%
Consumer Staples 2.3% 2.9% -0.6%
Energy 2.1% 1.6% 0.6%
Real Estate 1.3% 2.0% -0.8%
Industry Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Software 13.2% 10.4% 2.8%
IT Services 8.6% 8.2% 0.4%
Health Care Equipment & Supplies 8.4% 5.6% 2.8%
Commercial Services & Supplies 5.5% 1.5% 4.0%
Professional Services 5.1% 2.1% 3.1%
Hotels Restaurants & Leisure 4.9% 3.7% 1.3%
Capital Markets 3.4% 4.8% -1.4%
Life Sciences Tools & Services 3.4% 1.5% 1.9%
Specialty Retail 3.3% 4.6% -1.3%
Electronic Equipment Instruments & Components 3.2% 2.5% 0.7%
Internet Software & Services 2.9% 4.1% -1.2%
Textiles Apparel & Luxury Goods 2.7% 2.1% 0.6%
Health Care Providers & Services 2.7% 2.7% 0.0%
Banks 2.5% 0.9% 1.6%
Food Products 2.3% 1.0% 1.3%
Chemicals 2.1% 1.4% 0.7%
Oil Gas & Consumable Fuels 2.1% 1.6% 0.6%
Aerospace & Defense 1.9% 2.5% -0.6%
Machinery 1.7% 4.0% -2.3%
Semiconductors & Semiconductor Equipment 1.7% 5.8% -4.0%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Equity 97.1% 100.0% -2.9%
Net Cash and Equivalents 2.9% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap® Growth Index Overweight / Underweight
Mid 65.1% 57.6% 7.5%
Large 32.1% 41.7% -9.6%
Analytics
(As of 08/31/2018)

Morningstar 08/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
538
Category
Mid-Cap Growth
Analyst Rating (as of 7/31/18)
Bronze
Performance Statistics
3Y
5Y
Alpha
0.59
0.24
Beta
0.95
1.01
Information Ratio
-0.05
0.04
R-Squared
87.26
83.61
Sharpe Ratio
1.29
1.16
Standard Deviation
10.80
11.89
Sortino Ratio
0.68
0.58
Win Ratio
58.00
62.00
Loss Ratio
42.00
38.00
Tracking Error
3.88
4.80
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.73 B
$16.71 B
Median Market Cap (weighted)
$13.91 B
$15.44 B
P/E Ratio (LTM)
36.30
29.74
P/E Ratio (NTM)
27.36
22.52
Price/Book
6.36
7.00
Return on Equity
14.64%
17.05%
Turnover Ratio
139%
-
Active Share
73.05%
-
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/5/2017
Per Share ($)
$0.0000
12-Month Distribution ($)
$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. 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. 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.
  13. F. 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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