Buffalo Growth Fund
Fund
BIIGX
Price as of:
$22.34
- $0.42
- 1.85%
Primary Theme
fund company
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-34.4%
1 yr return
-34.4%
3 Yr Avg Return
-3.9%
5 Yr Avg Return
N/A
Net Assets
$97.4 M
Holdings in Top 10
50.6%
52 WEEK LOW AND HIGH
$22.8
$22.20
$34.48
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 83.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BIIGX - Profile
Distributions
- YTD Total Return -34.4%
- 3 Yr Annualized Total Return -3.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBuffalo Large Cap Fund
-
Fund Family NameBuffalo
-
Inception DateJul 01, 2019
-
Shares Outstanding1935230
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKen Laudan
Fund Description
The Growth Fund invests in common stocks and other equity securities, including preferred stock, convertible securities, warrants and rights, with a goal of maintaining at least 75% of the Fund’s portfolio in companies with market capitalizations greater than the median of the Russell 3000® Growth Index or $5 billion, whichever is lower. The median market capitalization of the Russell 3000® Growth Index changes due to market conditions and also changes with the composition of the index. As of June 30, 2022, the median market capitalization of companies in the Russell 3000® Growth Index was approximately $2.1 billion. With respect to the remaining 25% of the equity weighting of the Fund’s portfolio, the Fund may invest in companies of any size, including, but not limited to, those with market capitalizations less than the lower of the median of the Russell 3000® Growth Index or $5 billion, whichever is lower. 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. The Fund may invest in companies in any sector. The Fund may have significant investments in the information technology sector.
Kornitzer Capital Management, Inc., the Fund’s investment advisor (the “Advisor” or “KCM”), seeks to identify companies for the Growth Fund’s portfolio that are expected to experience growth based on the identification of long-term, measurable secular trends, and which, as a result, the Advisor believes may have potential revenue growth in
excess of the gross domestic product growth rate. Companies are screened using in-depth, in-house research to identify those which the Advisor believes have favorable attributes, including attractive valuation, strong management, conservative debt, free cash flow, scalable business models, and competitive advantages. The Advisor may sell the Growth Fund’s investments to secure gains, limit losses or reinvest in more promising investment opportunities
BIIGX - Performance
Return Ranking - Trailing
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -34.4% | -44.2% | 26.6% | 99.07% |
| 1 Yr | -34.4% | -98.5% | 124.6% | 92.33% |
| 3 Yr | -3.9%* | -76.8% | 26.3% | 63.43% |
| 5 Yr | N/A* | -60.7% | 23.2% | 59.76% |
| 10 Yr | N/A* | -35.0% | 18.9% | 27.52% |
* Annualized
Return Ranking - Calendar
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | 10.4% | -98.8% | 81.6% | 3.00% |
| 2021 | 10.6% | -39.5% | 48.7% | 12.80% |
| 2020 | N/A | -13.0% | 34.8% | N/A |
| 2019 | N/A | -27.1% | 10.6% | N/A |
| 2018 | N/A | -15.9% | 33.2% | N/A |
Total Return Ranking - Trailing
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -34.4% | -44.2% | 26.6% | 98.52% |
| 1 Yr | -34.4% | -98.5% | 124.6% | 92.43% |
| 3 Yr | -3.9%* | -76.8% | 32.9% | 63.87% |
| 5 Yr | N/A* | -60.7% | 22.9% | 56.96% |
| 10 Yr | N/A* | -35.0% | 19.0% | 25.60% |
* Annualized
Total Return Ranking - Calendar
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | 10.4% | -98.8% | 81.6% | 3.00% |
| 2021 | 10.6% | -39.5% | 48.7% | 12.72% |
| 2020 | N/A | -13.0% | 34.8% | N/A |
| 2019 | N/A | -16.8% | 10.6% | N/A |
| 2018 | N/A | -15.9% | 35.6% | N/A |
NAV & Total Return History
BIIGX - Holdings
Concentration Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Net Assets | 97.4 M | 189 K | 222 B | 82.60% |
| Number of Holdings | 71 | 1 | 3509 | 40.02% |
| Net Assets in Top 10 | 57.6 M | -1.37 M | 104 B | 79.73% |
| Weighting of Top 10 | 50.62% | 9.4% | 100.0% | 30.32% |
Top 10 Holdings
- Microsoft Corp 10.08%
- Apple Inc 7.98%
- Amazon.com Inc 7.12%
- Alphabet Inc Class A 6.95%
- Fidelity® Inv MM Fds Government I 6.16%
- Visa Inc Class A 3.09%
- NVIDIA Corp 2.54%
- Danaher Corp 2.52%
- Kansas City Southern 2.43%
- Costco Wholesale Corp 2.40%
Asset Allocation
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| Stocks | 93.84% | 0.00% | 107.71% | 92.00% |
| Cash | 6.16% | -10.83% | 100.00% | 5.41% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 13.11% |
| Other | 0.00% | -2.66% | 17.15% | 19.28% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 7.62% |
| Bonds | 0.00% | -1.84% | 98.58% | 6.78% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| Technology | 40.64% | 0.00% | 69.82% | 27.40% |
| Consumer Cyclical | 17.11% | 0.00% | 62.57% | 38.63% |
| Healthcare | 12.65% | 0.00% | 39.76% | 50.53% |
| Communication Services | 11.50% | 0.00% | 66.40% | 40.08% |
| Financial Services | 7.17% | 0.00% | 43.06% | 68.09% |
| Consumer Defense | 5.05% | 0.00% | 25.50% | 31.60% |
| Industrials | 3.71% | 0.00% | 30.65% | 75.65% |
| Basic Materials | 2.10% | 0.00% | 22.00% | 30.38% |
| Energy | 0.08% | 0.00% | 41.09% | 52.82% |
| Utilities | 0.00% | 0.00% | 16.07% | 32.90% |
| Real Estate | 0.00% | 0.00% | 29.57% | 67.94% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| US | 89.02% | 0.00% | 105.43% | 79.34% |
| Non US | 4.82% | 0.00% | 54.22% | 34.91% |
BIIGX - Expenses
Operational Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.80% | 0.01% | 7.09% | 55.41% |
| Management Fee | 0.75% | 0.00% | 1.50% | 76.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 5.00% | 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.
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 83.00% | 0.00% | 316.74% | 84.23% |
BIIGX - Distributions
Dividend Yield Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.81% | 18.31% |
Dividend Distribution Analysis
| BIIGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.34% | -6.13% | 2.90% | 52.73% |
Capital Gain Distribution Analysis
| BIIGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
BIIGX - Fund Manager Analysis
Managers
Ken Laudan
Start Date
Tenure
Tenure Rank
Apr 08, 2021
1.15
1.2%
Ken began working with SRAM in 2017 as an advisor to the Small Cap Equities strategy. At SRAM, he capitalizes on 26 years in the institutional investment healthcare sector. His previous experience includes overseeing Humana’s corporate venture capital effort, eleven years as an award-winning sell-side analyst and the last 13 years on the buyside as a sub-advisor at Friess Associates (long only) and Blackthorn Investment Group (market neutral). At Blackthorn, he was part of four-person portfolio team that won back to back “Top Lipper Award for Market Neutral Hedge Fund in North America”. Ken also currently manages his own long oriented healthcare fund, TallGrass Health Sciences Fund. Ken graduated from Kansas State University with a degree in finance and minor in accounting. Ken has served on the Dean of Student’s Advisory Board and the Finance Advisory Board of the Business School at K-State.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.08 | 2.92 |