Overview
The Strategy typically invests in small-cap U.S. company stocks
- Inception Date
- May 17, 2013
- Investment Style
- Small Cap Core
- Fund Index
- Russell 2000® Index
- CUSIP
- 00900R481
- NAV
- (as of 08/19/2019)
- $14.06
- Total Assets
- (as of 07/31/2019)
- $634.82 MM
- Gross Expense Ratio
- (as of 07/31/2019)
- 0.77%
- Net Expense Ratio
- (as of 07/31/2019)
- 0.77%
- Other Investment Options
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Performance
Average Annual Returns as of 06/30/2019
Average Annual Returns as of 07/31/2019
Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
- B
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 3 mo |
ytd as of 2019-06-30
|
1 yr | 3 yr | 5 yr | since inception | |
| 3.41% | 15.74% | -3.88% | 10.72% | 7.14% | 9.19% | |
| 2.10% | 16.98% | -3.31% | 12.30% | 7.06% | 9.16% | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 3 mo |
ytd as of 2019-06-30
|
1 yr | 3 yr | 5 yr | since inception | |
| 3.41% | 15.74% | -3.88% | 10.72% | 7.14% | 9.19% | |
| 2.10% | 16.98% | -3.31% | 12.30% | 7.06% | 9.16% | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 3 mo |
ytd as of 2019-07-31
|
1 yr | 3 yr | 5 yr | since inception | |
| -0.61% | 16.30% | -4.64% | 9.16% | 8.17% | 9.15% | |
| -0.69% | 17.66% | -4.42% | 10.36% | 8.53% | 9.13% | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
| 3 mo |
ytd as of 2019-07-31
|
1 yr | 3 yr | 5 yr | since inception | |
| -0.61% | 16.30% | -4.64% | 9.16% | 8.17% | 9.15% | |
| -0.69% | 17.66% | -4.42% | 10.36% | 8.53% | 9.13% | |
Gross Expense Ratio:
0.77%
| Net Expense Ratio:
0.77%
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 R6 shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.
Class W and Class I shares were reorganized into Class Y and Class R6 shares, respectively.
Calendar Year Returns as of 07/31/2019
| Year | Main Street Small Cap Fund® | Russell 2000® Index |
|---|---|---|
| 2014 | 11.84% | 4.89% |
| 2015 | -5.65% | -4.41% |
| 2016 | 18.19% | 21.31% |
| 2017 | 14.06% | 14.65% |
| 2018 | -10.39% | -11.01% |
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 R6 shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.
Class W and Class I shares were reorganized into Class Y and Class R6 shares, respectively.
Capital Gains and Distributions ($ per share) as of 08/20/2019
| Date | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|
| Short Term | 0.0415 | — | — | 0.2565 | 0.1584 |
| Long Term | — | — | — | 0.5487 | 0.8923 |
| Total Amount of Distribution | 0.0415 | — | — | 0.8052 | 1.0507 |
| Record Date | 12/10/14 | — | — | 12/7/17 | 12/6/18 |
| Ex Div Date | 12/11/14 | — | — | 12/8/17 | 12/7/18 |
| Pay Date | 12/11/14 | — | — | 12/8/17 | 12/7/18 |
Portfolio
Top Issuers
(36.1% of assets as of 07/31/2019)
Domestic Equity
Main Street Small Cap Fund®
- A
- 1
CLASS R6: OSSIX
Portfolio Holdings Breakdown
as of
07/31/2019
| Country | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| United States | 97.1% | 99.9% | -2.8% |
| Developed Markets | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| Americas | 97.1% | 100.0% | -2.9% |
| Equity Sector | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| Industrials | 17.2% | 15.9% | 1.3% |
| Financials | 15.1% | 18.2% | -3.1% |
| Information Technology | 14.9% | 13.6% | 1.3% |
| Consumer Discretionary | 12.1% | 11.0% | 1.1% |
| Health Care | 12.0% | 16.7% | -4.7% |
| Real Estate | 7.0% | 7.7% | -0.7% |
| Utilities | 5.3% | 3.8% | 1.5% |
| Materials | 5.2% | 3.9% | 1.3% |
| Energy | 3.0% | 3.7% | -0.7% |
| Communication Services | 2.7% | 2.6% | 0.0% |
| Consumer Staples | 2.6% | 2.9% | -0.2% |
| Industry | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| Equity Real Estate Investment Trusts (REITs) | 7.0% | 7.1% | -0.1% |
| Banks | 7.0% | 10.0% | -3.0% |
| Software | 5.8% | 4.8% | 1.0% |
| Machinery | 5.2% | 3.9% | 1.3% |
| IT Services | 4.6% | 2.1% | 2.5% |
| Semiconductors & Semiconductor Equipment | 4.5% | 2.6% | 1.9% |
| Professional Services | 4.1% | 1.8% | 2.3% |
| Metals & Mining | 4.0% | 1.2% | 2.7% |
| Hotels Restaurants & Leisure | 3.7% | 2.7% | 0.9% |
| Gas Utilities | 3.5% | 1.2% | 2.2% |
| Health Care Equipment & Supplies | 3.1% | 4.0% | -0.9% |
| Oil Gas & Consumable Fuels | 3.0% | 2.4% | 0.6% |
| Biotechnology | 2.9% | 7.4% | -4.5% |
| Thrifts & Mortgage Finance | 2.9% | 2.1% | 0.8% |
| Specialty Retail | 2.9% | 2.4% | 0.5% |
| Capital Markets | 2.8% | 1.5% | 1.3% |
| Health Care Providers & Services | 2.8% | 2.1% | 0.7% |
| Entertainment | 2.7% | 0.3% | 2.4% |
| Electrical Equipment | 2.7% | 0.9% | 1.8% |
| Auto Components | 2.6% | 1.1% | 1.5% |
| Asset Allocation | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| Equity | 97.1% | 100.0% | -2.9% |
| Market Cap | Main Street Small Cap Fund® | Russell 2000® Index | Overweight / Underweight |
|---|---|---|---|
| Small | 66.4% | 82.2% | -15.8% |
| Mid | 30.7% | 17.8% | 12.9% |
Analytics
Morningstar
07/31/2019
(based on risk adjusted performance)
Overall Rating
Number of Funds
629
Category
Small Blend
Performance Statistics
3Y
5Y
Alpha
-0.70
-0.01
Beta
0.95
0.95
Information Ratio
-0.34
-0.11
R-Squared
95.60
96.17
Sharpe Ratio
0.52
0.52
Standard Deviation
16.41
15.90
Upside Capture
95.01
97.34
Downside Capture
98.82
98.10
Sortino Ratio
0.77
0.77
Win Ratio
47.00
48.00
Loss Ratio
53.00
52.00
Tracking Error
3.54
3.21
Yields
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$2.93 B
$2.26 B
Median Market Cap (weighted)
$2.80 B
$2.06 B
P/E Ratio (LTM)
23.79
25.07
P/E Ratio (NTM)
17.54
19.64
Price/Book
2.32
2.19
Debt to Capital Ratio
41.40
36.60
Turnover Ratio
46%
-
Active Share
92.28%
-
Dividends
Est. Frequency
Annual
Last Pay Date
12/7/2018
Per Share ($)
$0.0580
12-Month Distribution ($)
$0.0580
Distribution Sources
Net Income
3.20%
Net Profit from Sale
91.70%
Other Capital Sources
5.10%
Team
Matthew Ziehl, CFA
Portfolio Manager
Adam Weiner
Portfolio Manager
Raymond Anello, CFA
Portfolio Manager
Raman Vardharaj, CFA
Portfolio Manager
Magnus Krantz
Portfolio Manager
Kristin Ketner
Portfolio Manager
Joy Budzinski
Portfolio Manager
Tools
Documents
- 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. Diversification does not guarantee profit or protect against loss.
- 2. Class I shares were reorganized into Class R6 shares. R6 shares are primarily intended for retirement plans that meet certain standards and for institutional investors.
- 3. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. Total annual fund operating expenses after any contractual fee waivers and/or expense reimbursements by the adviser in effect through May 28, 2021. See current prospectus for more information.
- 4. The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000 Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. 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.
- 5. 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.
- 6. 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.
- A. The Morningstar Rating™ 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> ↩
-
B.
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 R6 shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.
Class W and Class I shares were reorganized into Class Y and Class R6 shares, respectively. ↩