Buffalo Small Cap Growth Fund
Fund
BUFSX
Price as of:
$15.16
+ $0.09
+ 0.60%
Primary Theme
fund company
Name
As of 11/20/2024Price
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
7.4%
1 yr return
18.6%
3 Yr Avg Return
-9.0%
5 Yr Avg Return
7.7%
Net Assets
$603 M
Holdings in Top 10
24.3%
52 WEEK LOW AND HIGH
$15.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
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
BUFSX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return -9.0%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBuffalo Small Cap Growth Fund
-
Fund Family NameBuffalo
-
Inception DateSep 29, 1998
-
Shares Outstanding42487178
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Male
Fund Description
The Small Cap 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 “small-cap growth companies.” Kornitzer Capital Management, Inc., the Fund’s investment adviser (the “Adviser” or “KCM”), defines small-cap companies as companies, at the time of purchase, with market capitalizations within the range of the Russell 2000® Growth Index. As of June 30, 2024, the range of market capitalizations of the Russell 2000® Growth Index was $17 million to $10.3 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 small-cap growth company. In addition to the Fund’s investments in domestic securities, the Fund may 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. The Fund may have significant investments in the healthcare, industrials and information technology sectors. The Adviser may sell the Fund’s investments to secure gains, limit losses, or reinvest in more promising investment opportunities.
BUFSX - Performance
Return Ranking - Trailing
| Period | BUFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -0.1% | 94.2% | 98.36% |
| 1 Yr | 18.6% | 6.1% | 92.9% | 97.26% |
| 3 Yr | -9.0%* | -18.7% | 59.3% | 94.81% |
| 5 Yr | 7.7%* | -3.5% | 47.4% | 73.26% |
| 10 Yr | 9.2%* | 1.6% | 24.9% | 54.36% |
* Annualized
Return Ranking - Calendar
| Period | BUFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.5% | -20.5% | 54.6% | 95.42% |
| 2022 | -30.0% | -82.1% | 32.2% | 52.96% |
| 2021 | -8.2% | -90.6% | 300.1% | 51.21% |
| 2020 | 52.5% | -63.0% | 127.9% | 11.63% |
| 2019 | 29.1% | -7.7% | 42.9% | 19.52% |
Total Return Ranking - Trailing
| Period | BUFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -0.1% | 94.2% | 98.36% |
| 1 Yr | 18.6% | 6.1% | 92.9% | 97.26% |
| 3 Yr | -9.0%* | -18.7% | 59.3% | 94.81% |
| 5 Yr | 7.7%* | -3.5% | 47.4% | 73.26% |
| 10 Yr | 9.2%* | 1.6% | 24.9% | 54.36% |
* Annualized
Total Return Ranking - Calendar
| Period | BUFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.5% | -19.0% | 136.8% | 97.07% |
| 2022 | -30.0% | -59.9% | 44.3% | 65.37% |
| 2021 | 4.8% | -22.7% | 411.9% | 71.59% |
| 2020 | 66.4% | 1.5% | 150.8% | 7.95% |
| 2019 | 41.0% | 5.5% | 55.3% | 3.59% |
NAV & Total Return History
BUFSX - Holdings
Concentration Analysis
| BUFSX | Category Low | Category High | BUFSX % Rank | |
|---|---|---|---|---|
| Net Assets | 603 M | 209 K | 34.3 B | 51.28% |
| Number of Holdings | 75 | 7 | 1226 | 70.44% |
| Net Assets in Top 10 | 156 M | 53.8 K | 3.24 B | 48.91% |
| Weighting of Top 10 | 24.26% | 7.5% | 100.0% | 44.24% |
Top 10 Holdings
- Summit Materials Inc 2.86%
- ICF International Inc 2.75%
- Hamilton Lane Inc 2.55%
- Shift4 Payments Inc 2.53%
- Fidelity Government Portfolio 2.45%
- Palomar Holdings Inc 2.36%
- Halozyme Therapeutics Inc 2.32%
- Champion Homes Inc 2.29%
- Ligand Pharmaceuticals Inc 2.11%
- Advanced Drainage Systems Inc 2.05%
Asset Allocation
| Weighting | Return Low | Return High | BUFSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.65% | 85.75% | 107.62% | 61.86% |
| Cash | 2.45% | 0.00% | 28.78% | 43.07% |
| Preferred Stocks | 0.00% | 0.00% | 4.63% | 20.62% |
| Other | 0.00% | -0.26% | 6.70% | 38.50% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 11.13% |
| Bonds | 0.00% | 0.00% | 2.40% | 12.04% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BUFSX % Rank | |
|---|---|---|---|---|
| Technology | 26.91% | 2.91% | 75.51% | 36.68% |
| Healthcare | 25.90% | 0.00% | 47.90% | 20.26% |
| Industrials | 20.65% | 0.00% | 36.64% | 16.24% |
| Consumer Cyclical | 12.34% | 0.00% | 24.04% | 48.54% |
| Financial Services | 8.92% | 0.00% | 42.95% | 30.66% |
| Consumer Defense | 2.91% | 0.00% | 13.56% | 66.79% |
| Basic Materials | 1.54% | 0.00% | 9.24% | 70.62% |
| Communication Services | 0.82% | 0.00% | 15.31% | 70.80% |
| Utilities | 0.00% | 0.00% | 5.57% | 38.69% |
| Real Estate | 0.00% | 0.00% | 15.31% | 76.46% |
| Energy | 0.00% | 0.00% | 55.49% | 77.01% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BUFSX % Rank | |
|---|---|---|---|---|
| US | 97.65% | 17.30% | 107.62% | 50.91% |
| Non US | 0.00% | 0.00% | 77.12% | 31.02% |
BUFSX - Expenses
Operational Fees
| BUFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.97% | 0.05% | 23.20% | 74.77% |
| Management Fee | 0.85% | 0.05% | 1.62% | 65.45% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| BUFSX 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
| BUFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 3.36% |
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.
| BUFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 59.00% | 3.00% | 264.00% | 53.54% |
BUFSX - Distributions
Dividend Yield Analysis
| BUFSX | Category Low | Category High | BUFSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 25.36% |
Dividend Distribution Analysis
| BUFSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| BUFSX | Category Low | Category High | BUFSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.83% | -2.47% | 1.10% | 60.15% |
Capital Gain Distribution Analysis
| BUFSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 03, 2021 | $2.587 | OrdinaryDividend |
| Dec 18, 2020 | $1.876 | OrdinaryDividend |
| Dec 18, 2019 | $1.248 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.082 | CapitalGainShortTerm |
| Dec 18, 2018 | $3.200 | CapitalGainLongTerm |
| Dec 19, 2017 | $0.399 | CapitalGainShortTerm |
| Dec 19, 2017 | $4.043 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.700 | CapitalGainShortTerm |
| Dec 20, 2016 | $3.086 | CapitalGainLongTerm |
| Dec 18, 2015 | $12.386 | CapitalGainLongTerm |
| Dec 18, 2014 | $3.262 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.395 | CapitalGainShortTerm |
| Dec 18, 2013 | $2.802 | CapitalGainLongTerm |
| Dec 18, 2012 | $0.266 | CapitalGainShortTerm |
| Dec 18, 2012 | $1.456 | CapitalGainLongTerm |
| Dec 20, 2011 | $0.057 | CapitalGainLongTerm |
| Dec 18, 2009 | $0.027 | OrdinaryDividend |
| Jun 18, 2008 | $0.758 | CapitalGainLongTerm |
| Dec 18, 2007 | $0.277 | CapitalGainShortTerm |
| Dec 18, 2007 | $2.380 | CapitalGainLongTerm |
| Dec 19, 2006 | $2.037 | CapitalGainLongTerm |
| Dec 20, 2005 | $0.171 | CapitalGainShortTerm |
| Dec 20, 2005 | $2.936 | CapitalGainLongTerm |
| Dec 20, 2004 | $0.456 | CapitalGainShortTerm |
| Dec 20, 2004 | $0.420 | CapitalGainLongTerm |
| Jun 18, 2004 | $0.017 | OrdinaryDividend |
| Dec 18, 2003 | $0.199 | CapitalGainLongTerm |
| Jun 20, 2002 | $0.026 | CapitalGainLongTerm |
| Dec 20, 2001 | $0.031 | CapitalGainLongTerm |
BUFSX - Fund Manager Analysis
Managers
Robert Male
Start Date
Tenure
Tenure Rank
Apr 14, 1998
24.15
24.2%
Mr. Male has been an investment professional since 1986 and joined KCM in 1997. Prior to joining KCM, he was a senior equity securities analyst with the USAA Investment Management Company in San Antonio, Texas. He holds a B.S. in Business Administration from the University of Kansas and an M.B.A. from Southern Methodist University. Mr. Male holds the Chartered Financial Analyst designation.
Jamie Cuellar
Start Date
Tenure
Tenure Rank
Jan 05, 2015
7.41
7.4%
Mr. Cuellar has been an investment professional since 1992 and joined KCM in 2015. Mr. Cuellar was a Managing Director and Portfolio Manager for the US Small Cap and US Micro Cap Growth Strategies for PineBridge Investments and predecessor firms, John McStay Investment Counsel and Brazos Capital Management from 2000 to 2012. He also served as a Portfolio Manager with Jacob Asset Management in 2012, a Senior Portfolio Manager with Northern Trust’s wealth advisory practice from 2012 to 2015, as well as an Investment Analyst for Lee Financial Corporation in Dallas, TX from 1994 to 1999. Mr. Cuellar holds a B.B.A. in Finance from the University of San Diego and an M.B.A from Southern Methodist University’s Cox School of Business.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.12 | 5.25 |