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Trending ETFs

Buffalo Early Stage Growth Fund

mutual fund
BUFOX
Payout Change
Suspended
Price as of:
$16.86 +0.29 +1.75%
primary theme
U.S. Small-Cap Growth Equity
share class
BUFOX (Mutual Fund)

Buffalo Early Stage Growth Fund

Payout Change
Suspended
Price as of:
$16.86 +0.29 +1.75%
primary theme
U.S. Small-Cap Growth Equity
share class
BUFOX (Mutual Fund)

Buffalo Early Stage Growth Fund

Payout Change
Suspended
Price as of:
$16.86 +0.29 +1.75%
primary theme
U.S. Small-Cap Growth Equity
share class

Name

As of 10/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.86

$74.2 M

0.00%

1.45%

Vitals

YTD Return

9.3%

1 yr return

25.8%

3 Yr Avg Return

-7.1%

5 Yr Avg Return

8.4%

Net Assets

$74.2 M

Holdings in Top 10

28.3%

52 WEEK LOW AND HIGH

$16.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 34.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.86

$74.2 M

0.00%

1.45%

BUFOX - Profile

Distributions

  • YTD Total Return 9.3%
  • 3 Yr Annualized Total Return -7.1%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Buffalo Early Stage Growth Fund
  • Fund Family Name
    Buffalo
  • Inception Date
    Jun 02, 2004
  • Shares Outstanding
    3798145
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Craig Richard

Fund Description

The Early Stage Growth Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, consisting of common stocks, preferred stocks, convertible securities, warrants, and rights of “early stage growth companies.” Kornitzer Capital Management, Inc., the Fund’s investment adviser (the “Adviser” or “KCM”), defines early stage companies as companies, at the time of purchase, with market capitalizations below the weighted average of the Russell 2000® Growth Index and are starting to develop a new product or service or have recently developed a new product or service. As of June 30, 2024, the weighted average market capitalization of the Russell 2000® Growth Index was $3.7 billion. KCM defines growth companies as companies that, at the time of purchase, are constituents of the Russell 3000® Growth Index or exhibit growth characteristics (generates positive cash
flows or earnings that increase at faster rates than the overall economy) consistent with inclusion of companies in the Russell 3000® Growth Index. Companies included in the Fund’s investment universe must satisfy both prongs of KCM’s definition of an early stage growth company. In addition to the Fund’s investments in domestic securities, the Fund may also invest up to 20% of its net assets in sponsored or unsponsored American Depositary Receipts (“ADRs”) and securities of foreign companies that are traded on U.S. stock exchanges.
Companies are screened using in-depth, in-house research to identify those which the Adviser believes have favorable attributes, including attractive valuation, strong management, conservative debt, free cash flow, scalable business models, and competitive advantages. The Fund may invest in companies in any sector. Currently, the Fund has significant investments in the industrials sector. The Adviser may sell the Fund’s investments to secure gains, limit losses, or reinvest in more promising investment opportunities.
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BUFOX - Performance

Return Ranking - Trailing

Period BUFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -7.9% 62.9% 79.35%
1 Yr 25.8% 12.3% 62.6% 80.43%
3 Yr -7.1%* -19.5% 60.6% 87.50%
5 Yr 8.4%* -1.8% 48.0% 69.50%
10 Yr 9.6%* 2.1% 26.0% 57.54%

* Annualized

Return Ranking - Calendar

Period BUFOX Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -20.5% 54.6% 77.45%
2022 -31.5% -82.1% 32.2% 63.05%
2021 -7.5% -90.6% 300.1% 49.17%
2020 32.5% -63.0% 127.9% 39.23%
2019 27.9% -7.7% 42.9% 23.91%

Total Return Ranking - Trailing

Period BUFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -7.9% 62.9% 79.35%
1 Yr 25.8% 12.3% 62.6% 80.43%
3 Yr -7.1%* -19.5% 60.6% 87.50%
5 Yr 8.4%* -1.8% 48.0% 69.50%
10 Yr 9.6%* 2.1% 26.0% 57.54%

* Annualized

Total Return Ranking - Calendar

Period BUFOX Return Category Return Low Category Return High Rank in Category (%)
2023 9.8% -19.0% 136.8% 86.36%
2022 -30.8% -59.9% 44.3% 68.75%
2021 7.8% -22.7% 411.9% 58.07%
2020 47.7% 1.5% 150.8% 30.58%
2019 34.0% 5.5% 55.3% 30.04%

NAV & Total Return History


BUFOX - Holdings

Concentration Analysis

BUFOX Category Low Category High BUFOX % Rank
Net Assets 74.2 M 214 K 34.3 B 89.13%
Number of Holdings 59 7 1226 81.52%
Net Assets in Top 10 20.4 M 52.5 K 3.24 B 88.41%
Weighting of Top 10 28.33% 7.9% 100.0% 29.58%

Top 10 Holdings

  1. Hamilton Lane Inc 3.34%
  2. Willdan Group Inc 3.18%
  3. Verra Mobility Corp 3.03%
  4. Compass Diversified Holdings 2.92%
  5. Transcat Inc 2.77%
  6. CyberArk Software Ltd 2.69%
  7. Bowman Consulting Group Ltd 2.66%
  8. HealthStream Inc 2.60%
  9. OneSpaWorld Holdings Ltd 2.57%
  10. Apogee Enterprises Inc 2.56%

Asset Allocation

Weighting Return Low Return High BUFOX % Rank
Stocks
97.79% 85.75% 107.62% 56.16%
Cash
2.34% 0.00% 28.78% 46.56%
Other
0.00% -0.26% 6.70% 32.07%
Preferred Stocks
0.00% 0.00% 4.63% 15.94%
Convertible Bonds
0.00% 0.00% 1.57% 5.98%
Bonds
0.00% 0.00% 3.83% 7.61%

Stock Sector Breakdown

Weighting Return Low Return High BUFOX % Rank
Industrials
28.80% 0.00% 36.64% 1.99%
Technology
21.29% 2.91% 75.51% 70.47%
Consumer Cyclical
17.80% 0.00% 24.04% 8.51%
Healthcare
16.94% 0.00% 47.90% 75.72%
Financial Services
6.74% 0.00% 42.95% 51.99%
Real Estate
2.22% 0.00% 15.31% 47.83%
Communication Services
2.19% 0.00% 15.31% 53.99%
Consumer Defense
2.19% 0.00% 13.56% 81.70%
Basic Materials
1.82% 0.00% 9.24% 62.86%
Utilities
0.00% 0.00% 5.57% 36.23%
Energy
0.00% 0.00% 55.49% 76.27%

Stock Geographic Breakdown

Weighting Return Low Return High BUFOX % Rank
US
97.79% 17.30% 107.62% 44.75%
Non US
0.00% 0.00% 77.12% 28.44%

BUFOX - Expenses

Operational Fees

BUFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.05% 23.20% 30.67%
Management Fee 1.30% 0.05% 1.62% 98.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

BUFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BUFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 25.21%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BUFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 3.00% 439.00% 25.83%

BUFOX - Distributions

Dividend Yield Analysis

BUFOX Category Low Category High BUFOX % Rank
Dividend Yield 0.00% 0.00% 6.91% 21.20%

Dividend Distribution Analysis

BUFOX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

BUFOX Category Low Category High BUFOX % Rank
Net Income Ratio 1.01% -2.47% 1.10% 0.55%

Capital Gain Distribution Analysis

BUFOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

BUFOX - Fund Manager Analysis

Managers

Craig Richard


Start Date

Tenure

Tenure Rank

Jun 03, 2013

9.0

9.0%

Craig Richard, CFA, Co-Portfolio Manager. Mr. Richard has been an investment professional since 2002 and joined KCM in 2008. Previously, Mr. Richard was an equity research analyst with A.G. Edwards from 2005 to 2007. Mr. Richard holds a B.S. from Kansas State University and an M.B.A. from the University of Kansas.

Doug Cartwright


Start Date

Tenure

Tenure Rank

May 11, 2015

7.06

7.1%

Doug Cartwright, CFA, Co-Portfolio Manager and partner. Mr. Cartwright has been an investment professional since 2006 and joined Kornitzer Capital Management in 2013. Mr. Cartwright was formerly an equity analyst with Kellogg Asset Management and a credit analyst with Waddell & Reed Investment Management. Mr. Cartwright holds a B.A. in Business Administration from Baylor University and an M.B.A from the Wisconsin School of Business Applied Securities Analysis Program. Mr. Cartwright has served as co-portfolio manager of the Emerging Opportunities Fund since 2015.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.44 9.12 5.25