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June 13, 2017
Domestic Equity
Main Street Small Cap Fund®
The Strategy typically invests in small-cap U.S. company stocks.
- Investment Style
- Small Cap Core
- Fund Inception
- May 17, 2013
- Total Assets (all classes) (as of 8/31/2017)
- $598 million
- Fund Index
- Russell 2000
-
NAV
(as of 9/22/17)
- A
- $15.51
Average Annual Returns as of 8/31/2017
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 9/22/17
|
1 yr | 3 yr | since inception | |
| 3.07% | 2.86% | 9.92% | 22.80% | 8.49% | 11.22% | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 1 mo | 3 mo |
ytd as of 9/22/17
|
1 yr | 3 yr | since inception | |
| -1.19% | 1.91% | 9.92% | 15.53% | 7.58% | 10.46% | |
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.
Calendar Year Returns as of 9/22/2017
| Year | Main Street Small Cap Fund® | Russell 2000 |
|---|---|---|
| 2013 | 0.00% | - |
| 2014 | 11.84% | 4.89% |
| 2015 | -5.65% | -4.41% |
| 2016 | 18.19% | 21.31% |
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.
Cumulative Returns & Income Dividends
| Date | Main Street Small Cap Fund® | Russell 2000® Index | MSCI World |
|---|---|---|---|
| 8/31/2014 | 0.00 | 0.00 | 0.00 |
| 9/30/2014 | -5.92 | -6.05 | -2.71 |
| 10/31/2014 | 1.64 | 0.14 | -2.08 |
| 11/30/2014 | 3.37 | 0.23 | -0.12 |
| 12/31/2014 | 5.46 | 3.09 | -1.73 |
| 1/31/2015 | 1.33 | -0.23 | -3.51 |
| 2/28/2015 | 7.60 | 5.70 | 2.14 |
| 3/31/2015 | 8.59 | 7.54 | 0.54 |
| 4/30/2015 | 5.21 | 4.80 | 2.90 |
| 5/31/2015 | 7.85 | 7.19 | 3.25 |
| 6/30/2015 | 8.84 | 7.99 | 0.85 |
| 7/31/2015 | 7.35 | 6.74 | 2.66 |
| 8/31/2015 | 1.17 | 0.03 | -4.13 |
| 9/30/2015 | -4.02 | -4.88 | -7.67 |
| 10/31/2015 | 0.67 | 0.48 | -0.35 |
| 11/30/2015 | 3.73 | 3.75 | -0.85 |
| 12/31/2015 | -1.02 | -1.46 | -2.59 |
| 1/31/2016 | -8.30 | -10.13 | -8.42 |
| 2/29/2016 | -7.88 | -10.13 | -9.10 |
| 3/31/2016 | -1.18 | -2.96 | -2.93 |
| 4/30/2016 | -0.11 | -1.43 | -1.39 |
| 5/31/2016 | 2.54 | 0.79 | -0.84 |
| 6/30/2016 | 1.79 | 0.72 | -1.95 |
| 7/31/2016 | 6.59 | 6.74 | 2.19 |
| 8/31/2016 | 6.84 | 8.62 | 2.28 |
| 9/30/2016 | 6.42 | 9.83 | 2.82 |
| 10/31/2016 | 3.61 | 4.61 | 0.83 |
| 11/30/2016 | 13.04 | 16.28 | 2.28 |
| 12/31/2016 | 16.56 | 19.54 | 4.73 |
| 1/31/2017 | 17.88 | 20.01 | 7.25 |
| 2/28/2017 | 20.62 | 22.32 | 10.23 |
| 3/31/2017 | 21.12 | 22.48 | 11.40 |
| 4/30/2017 | 23.36 | 23.83 | 13.05 |
| 5/31/2017 | 20.70 | 21.31 | 15.45 |
| 6/30/2017 | 24.43 | 25.50 | 15.89 |
| 7/31/2017 | 24.52 | 26.43 | 18.66 |
| 8/31/2017 | 22.86 | 24.83 | 18.83 |
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.
Capital Gains and Distributions ($ per share) as of 9/22/2017
| Date | 2012 | 2013 | 2014 | 2015 | 2016 |
|---|---|---|---|---|---|
| Short Term | — | 0.0374 | 0.0415 | — | — |
| Long Term | — | — | — | — | — |
| Total Amount of Distribution | — | 0.0374 | 0.0415 | — | — |
| Record Date | — | 12/11/13 | 12/10/14 | — | — |
| Ex Div Date | — | 12/12/13 | 12/11/14 | — | — |
| Pay Date | — | 12/13/13 | 12/11/14 | — | — |
There is no guarantee of the payment of any dividend or other distributions at any level.
Morningstar
8/31/2017
(based on risk adjusted performance)
Overall Rating
Number of Funds
654
Category
Small Blend
Performance Statistics
3Y
Alpha
0.54
Information Ratio
-0.03
Upside Capture
94.58
Downside Capture
92.83
Sharpe Ratio
0.58
R-Squared
95.68
Standard Deviation
13.59
Sortino Ratio
0.27
Win Ratio
50.00
Loss Ratio
50.00
Beta
0.90
Tracking Error
3.15
Dividends
- D
Est. Frequency
Annual
Last Pay Date
12/28/2016
Per Share ($)
$0.01
Net Income
81.00%
Net Profit from Sale
0.00%
Other Capital Sources
19.00%
12-Month Distribution ($)
$0.08
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$2.60 B
$2.10 B
Median Market Cap (weighted)
$2.50 B
$1.90 B
Trailing P/E
30.07
35.29
Forward P/E
19.63
23.07
Price/Book
2.27
2.29
Debt to Capital Ratio
43.61
38.13
Turnover Ratio
67.00%
-
Top Issuers
(33.4% of assets as of 08/31/17)
Domestic Equity
Main Street Small Cap Fund®
CLASS I: OSSIX
Portfolio Holdings Breakdown
as of
08/31/17
Portfolio Holdings Breakdown
| Country | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| United States | 96.2% | 99.7% | -3.5% |
| Canada | 0.9% | 0.1% | 0.9% |
| Bermuda | 0.7% | 0.1% | 0.6% |
| Belgium | 0.3% | - | - |
| Developed Markets | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| Americas | 97.8% | 99.9% | -2.1% |
| Europe | 0.3% | 0.1% | 0.2% |
| Equity Sector | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| Industrials | 19.1% | 14.5% | 4.5% |
| Information Technology | 18.4% | 17.2% | 1.1% |
| Financials | 16.5% | 17.7% | -1.2% |
| Consumer Discretionary | 11.1% | 12.0% | -0.9% |
| Health Care | 10.7% | 15.7% | -5.0% |
| Real Estate | 7.2% | 7.6% | -0.4% |
| Materials | 5.6% | 4.4% | 1.1% |
| Utilities | 3.9% | 3.9% | 0.0% |
| Energy | 3.0% | 3.3% | -0.3% |
| Consumer Staples | 2.7% | 2.6% | 0.0% |
| Industry | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| Banks | 10.8% | 10.0% | 0.7% |
| Software | 6.5% | 3.7% | 2.8% |
| Equity Real Estate Investment Trusts (REITs) | 6.1% | 7.1% | -1.0% |
| Semiconductors & Semiconductor Equipment | 5.2% | 3.2% | 2.0% |
| Professional Services | 3.8% | 1.2% | 2.6% |
| Health Care Equipment & Supplies | 3.7% | 3.8% | -0.1% |
| Internet Software & Services | 3.5% | 3.1% | 0.4% |
| Machinery | 3.5% | 3.6% | -0.1% |
| Commercial Services & Supplies | 3.5% | 2.5% | 1.0% |
| Specialty Retail | 3.4% | 2.0% | 1.4% |
| Oil Gas & Consumable Fuels | 2.8% | 2.1% | 0.7% |
| Biotechnology | 2.8% | 6.1% | -3.3% |
| Metals & Mining | 2.7% | 1.4% | 1.4% |
| Pharmaceuticals | 2.7% | 2.1% | 0.6% |
| IT Services | 2.7% | 1.9% | 0.8% |
| Hotels Restaurants & Leisure | 2.3% | 3.2% | -0.8% |
| Thrifts & Mortgage Finance | 2.2% | 2.3% | -0.1% |
| Construction & Engineering | 2.0% | 1.2% | 0.9% |
| Electric Utilities | 1.9% | 1.2% | 0.8% |
| Auto Components | 1.8% | 1.2% | 0.7% |
| Asset Allocation | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| Equity | 98.0% | 100.0% | -2.0% |
| Market Cap | Main Street Small Cap Fund® | Russell 2000 | Overweight / Underweight |
|---|---|---|---|
| Small | 89.1% | 96.4% | -7.3% |
| Mid | 9.0% | 3.5% | 5.5% |
Meet the Team
- 1. Special Risks 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. Diversification does not guarantee profit or protect against loss.
- 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. Access index definitions.
- 4. 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.
- 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. 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.
- 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. ↩
- 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. ↩
- 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. ↩
- D. There is no guarantee of the payment of any dividend or other distributions at any level. ↩
- E. 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. ↩
- 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. ↩