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Buffalo Blue Chip Growth Fund
mutual fund
BUIEX
Payout Change
Pending
Price as of:
$53.64
+0.1
+0.19%
primary theme
U.S. Small-Cap Growth Equity
share class
BUIEX (Mutual Fund)
Buffalo Blue Chip Growth Fund
Payout Change
Pending
Price as of:
$53.64
+0.1
+0.19%
primary theme
U.S. Small-Cap Growth Equity
share class
BUIEX (Mutual Fund)
Buffalo Blue Chip Growth Fund
Payout Change
Pending
Price as of:
$53.64
+0.1
+0.19%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 10/03/2024Price
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
Vitals
YTD Return
22.9%
1 yr return
39.3%
3 Yr Avg Return
10.8%
5 Yr Avg Return
16.9%
Net Assets
$147 M
Holdings in Top 10
57.6%
52 WEEK LOW AND HIGH
$53.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.79%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/03/2024Price
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
BUIEX - Profile
Distributions
- YTD Total Return 22.9%
- 3 Yr Annualized Total Return 10.8%
- 5 Yr Annualized Total Return 16.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.22%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBuffalo Blue Chip Growth Fund
-
Fund Family NameBuffalo
-
Inception DateJul 03, 2019
-
Shares Outstanding2495931
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCraig Richard
Fund Description
The Blue Chip 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 “blue chip growth companies.” Kornitzer Capital Management, Inc., the Fund’s investment adviser (the “Adviser” or “KCM”), defines blue chip companies as companies that, at the time of purchase, are nationally recognized, well established in their industries, financially sound and usually have higher market capitalizations. 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 blue chip 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 information technology sector. The Adviser may sell the Fund’s investments to secure gains, limit losses, or reinvest in more promising investment opportunities.
The Fund is classified as a “non-diversified” investment company under the Investment Company Act of 1940 (the “1940 Act”).
BUIEX - Performance
Return Ranking - Trailing
| Period | BUIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.9% | -12.6% | 49.1% | 5.98% |
| 1 Yr | 39.3% | 2.8% | 55.8% | 3.80% |
| 3 Yr | 10.8%* | -21.5% | 59.7% | 2.02% |
| 5 Yr | 16.9%* | -2.0% | 48.0% | 4.83% |
| 10 Yr | N/A* | 1.9% | 25.0% | 16.48% |
* Annualized
Return Ranking - Calendar
| Period | BUIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.4% | -20.5% | 54.6% | 1.09% |
| 2022 | -30.5% | -82.1% | 32.2% | 56.80% |
| 2021 | -0.3% | -90.6% | 300.1% | 31.73% |
| 2020 | 28.0% | -63.0% | 127.9% | 51.15% |
| 2019 | N/A | -7.7% | 42.9% | N/A |
Total Return Ranking - Trailing
| Period | BUIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.9% | -12.6% | 49.1% | 5.98% |
| 1 Yr | 39.3% | 2.8% | 55.8% | 3.80% |
| 3 Yr | 10.8%* | -21.5% | 59.7% | 2.02% |
| 5 Yr | 16.9%* | -2.0% | 48.0% | 4.83% |
| 10 Yr | N/A* | 1.9% | 25.0% | 15.37% |
* Annualized
Total Return Ranking - Calendar
| Period | BUIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 40.5% | -19.0% | 136.8% | 1.27% |
| 2022 | -28.5% | -59.9% | 44.3% | 53.86% |
| 2021 | 26.3% | -22.7% | 411.9% | 6.49% |
| 2020 | 28.3% | 1.5% | 150.8% | 73.65% |
| 2019 | N/A | 5.5% | 55.3% | N/A |
NAV & Total Return History
BUIEX - Holdings
Concentration Analysis
| BUIEX | Category Low | Category High | BUIEX % Rank | |
|---|---|---|---|---|
| Net Assets | 147 M | 214 K | 34.3 B | 81.16% |
| Number of Holdings | 80 | 7 | 1226 | 66.85% |
| Net Assets in Top 10 | 84.1 M | 52.5 K | 3.24 B | 64.86% |
| Weighting of Top 10 | 57.62% | 7.9% | 100.0% | 3.81% |
Top 10 Holdings
- Microsoft Corp 11.33%
- NVIDIA Corp 9.16%
- Apple Inc 8.39%
- Alphabet Inc 6.48%
- Fidelity Government Portfolio 6.41%
- Amazon.com Inc 6.16%
- Meta Platforms Inc 3.19%
- Eli Lilly Co 2.51%
- Visa Inc 2.03%
- Broadcom Inc 1.96%
Asset Allocation
| Weighting | Return Low | Return High | BUIEX % Rank | |
|---|---|---|---|---|
| Stocks | 93.64% | 85.75% | 107.62% | 93.12% |
| Cash | 6.41% | 0.00% | 28.78% | 10.69% |
| Preferred Stocks | 0.00% | 0.00% | 4.63% | 56.34% |
| Other | 0.00% | -0.26% | 6.70% | 63.22% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 52.17% |
| Bonds | 0.00% | 0.00% | 3.83% | 51.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BUIEX % Rank | |
|---|---|---|---|---|
| Industrials | 28.80% | 0.00% | 36.64% | 2.17% |
| Technology | 21.29% | 2.91% | 75.51% | 70.65% |
| Consumer Cyclical | 17.80% | 0.00% | 24.04% | 8.70% |
| Healthcare | 16.94% | 0.00% | 47.90% | 75.91% |
| Financial Services | 6.74% | 0.00% | 42.95% | 52.17% |
| Real Estate | 2.22% | 0.00% | 15.31% | 48.01% |
| Communication Services | 2.19% | 0.00% | 15.31% | 54.17% |
| Consumer Defense | 2.19% | 0.00% | 13.56% | 81.88% |
| Basic Materials | 1.82% | 0.00% | 9.24% | 63.04% |
| Utilities | 0.00% | 0.00% | 5.57% | 64.86% |
| Energy | 0.00% | 0.00% | 55.49% | 87.14% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BUIEX % Rank | |
|---|---|---|---|---|
| US | 93.64% | 17.30% | 107.62% | 84.42% |
| Non US | 0.00% | 0.00% | 77.12% | 61.59% |
BUIEX - Expenses
Operational Fees
| BUIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.79% | 0.05% | 23.20% | 90.38% |
| Management Fee | 0.75% | 0.05% | 1.62% | 37.93% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| BUIEX 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
| BUIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| BUIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 34.00% | 3.00% | 439.00% | 27.07% |
BUIEX - Distributions
Dividend Yield Analysis
| BUIEX | Category Low | Category High | BUIEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.05% | 0.00% | 6.91% | 17.39% |
Dividend Distribution Analysis
| BUIEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| BUIEX | Category Low | Category High | BUIEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.22% | -2.47% | 1.10% | 84.80% |
Capital Gain Distribution Analysis
| BUIEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2023 | $0.029 | OrdinaryDividend |
| Dec 05, 2022 | $0.948 | CapitalGainLongTerm |
| Dec 03, 2021 | $11.447 | OrdinaryDividend |
| Dec 18, 2020 | $0.111 | OrdinaryDividend |
| Dec 18, 2019 | $0.067 | OrdinaryDividend |
| Dec 18, 2019 | $0.193 | CapitalGainShortTerm |
| Dec 18, 2019 | $0.238 | CapitalGainLongTerm |
BUIEX - 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 |
