MSIGX: Oppenheimer Main Street A

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MSIGX Oppenheimer Main Street A

  • Fund
  • MSIGX
  • Price as of: Dec 12, 2019
  • $51.39
    + $0.38 + 0.75%

Profile

MSIGX - Profile

Vitals

  • YTD Return 29.7%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 1.9%
  • Net Assets $9.69 B
  • Holdings in Top 10 39.3%

52 WEEK LOW AND HIGH

$51.39
$37.23
$51.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 49.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 29.7%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 6.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Oppenheimer Main Street fd
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Feb 03, 1988
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Manind V. Govil

Fund Description

The Oppenheimer Main Street Fund Class A (MSIGX) is a low-cost, actively managed fund that primarily bets on larger U.S. stocks. MSIGX management engages in fundamental and quantitative research to find those stocks that have a competitive advantage and are primed for growth. The fund holds the bulk of its portfolio in U.S. large-caps. However, it can hold mid-caps and foreign stocks as well.

With its focus on finding growth stocks, MSIGX is best suited as a satellite portfolio position. The fund is internally managed by Oppenheimer.


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Categories

Performance

MSIGX - Performance

Return Ranking - Trailing

Period MSIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.7% -15.6% 39.2% 7.99%
1 Yr 22.0% -58.2% 28.7% 2.58%
3 Yr 2.7%* -32.0% 58.6% 72.16%
5 Yr 1.9%* -26.5% 30.5% 68.00%
10 Yr 6.3%* -9.0% 14.5% 65.50%

* Annualized

Return Ranking - Calendar

Period MSIGX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.3% -67.0% 10.0% 85.53%
2017 8.6% -32.8% 302.5% 75.75%
2016 8.2% -26.1% 19.7% 35.39%
2015 -9.4% -82.5% 7.8% 73.36%
2014 -1.2% -28.7% 24.1% 78.62%

Total Return Ranking - Trailing

Period MSIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.7% -15.6% 39.2% 7.99%
1 Yr 22.0% -58.2% 28.7% 6.10%
3 Yr 5.2%* -21.9% 58.6% 81.06%
5 Yr 6.7%* -16.9% 30.5% 68.00%
10 Yr 10.3%* -4.1% 17.5% 60.55%

* Annualized

Total Return Ranking - Calendar

Period MSIGX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.3% -67.0% 10.0% 91.19%
2017 16.8% -22.1% 302.5% 68.43%
2016 11.4% -16.4% 23.8% 23.56%
2015 2.9% -26.4% 106.5% 7.89%
2014 10.5% -24.8% 25.9% 54.56%

NAV & Total Return History


Holdings

MSIGX - Holdings

Concentration Analysis

MSIGX Category Low Category High MSIGX % Rank
Net Assets 9.69 B 134 K 875 B 8.62%
Number of Holdings 59 2 3613 75.32%
Net Assets in Top 10 3.7 B 6.67 K 155 B 7.10%
Weighting of Top 10 39.32% 2.2% 1400.6% 16.40%

Top 10 Holdings

  1. Microsoft Corp 7.44%
  2. JPMorgan Chase & Co 4.80%
  3. Procter & Gamble Co 4.03%
  4. Amazon.com Inc 3.55%
  5. Facebook Inc A 3.44%
  6. Prologis Inc 3.33%
  7. Merck & Co Inc 3.22%
  8. Berkshire Hathaway Inc B 3.20%
  9. UnitedHealth Group Inc 3.19%
  10. Lockheed Martin Corp 3.12%

Asset Allocation

Weighting Return Low Return High MSIGX % Rank
Stocks
98.33% -1.18% 145.87% 61.45%
Cash
1.66% -91.54% 101.18% 37.02%
Preferred Stocks
0.00% -17.98% 6.21% 9.55%
Other
0.00% -1.51% 26.48% 13.52%
Convertible Bonds
0.00% 0.00% 9.79% 6.51%
Bonds
0.00% -0.23% 63.47% 12.68%

Stock Sector Breakdown

Weighting Return Low Return High MSIGX % Rank
Financial Services
20.87% 0.00% 106.34% 12.87%
Technology
19.87% 0.00% 118.30% 39.71%
Healthcare
14.87% 0.00% 92.30% 26.76%
Consumer Cyclical
13.50% 0.00% 74.42% 18.12%
Industrials
9.11% 0.00% 79.24% 69.52%
Consumer Defense
7.31% 0.00% 71.31% 61.13%
Energy
5.30% -1.47% 70.63% 20.32%
Real Estate
3.33% -3.11% 64.58% 35.31%
Communication Services
2.05% 0.00% 27.72% 82.13%
Utilities
1.54% -13.41% 21.36% 70.03%
Basic Materials
0.59% -3.81% 23.60% 88.65%

Stock Geographic Breakdown

Weighting Return Low Return High MSIGX % Rank
US
92.52% 80.02% 687.00% 77.01%
Non US
5.81% -688.18% 20.06% 18.85%

Expenses

MSIGX - Expenses

Operational Fees

MSIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.00% 119.91% 55.40%
Management Fee 0.46% 0.00% 2.00% 37.02%
12b-1 Fee 0.25% 0.00% 1.00% 27.77%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MSIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.50% 5.75% 48.33%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

MSIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 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.

MSIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 0.00% 838.00% 58.74%

Distributions

MSIGX - Distributions

Dividend Yield Analysis

MSIGX Category Low Category High MSIGX % Rank
Dividend Yield 0.00% 0.00% 8.17% 63.06%

Dividend Distribution Analysis

MSIGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MSIGX Category Low Category High MSIGX % Rank
Net Income Ratio 1.03% -2.85% 2.89% 54.37%

Capital Gain Distribution Analysis

MSIGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MSIGX - Fund Manager Analysis

Managers

Manind V. Govil


Start Date

Tenure

Tenure Rank

May 19, 2009

10.54

10.5%

Mani Govil serves as head of the Main Street Team and lead portfolio manager of Main Street Fund. Mani has more than 15 years of experience managing core equity portfolios and was named one of the “20 Rising Stars” in the mutual fund industry by Institutional Investor in 2008. Prior to joining OppenheimerFunds in May 2009, Mani managed the RS Large Cap Alpha Fund (formerly Guardian Park Avenue Fund) from August 2005 to March 2009. Mani first managed the fund at Guardian Life Insurance Company from August 2005 to October 2006 and then at RS Investments, now a unit of Guardian, from October 2006 to March 2009. At RS, Mani worked as head of core equity investments and lead portfolio manager for large-cap blend/core equity. At Guardian, Mani served as head of equity investments and lead portfolio manager for large-cap blend/core equity. Earlier in his career, as co-head of equities and head of research at Mercantile Capital Advisers, Mani managed the Mercantile Growth and Income Fund. He holds an M.B.A from the University of Cincinnati and a B.Comm. degree from the University of Bombay, India. Mani is a CFA charterholder.

Benjamin E. Ram


Start Date

Tenure

Tenure Rank

May 19, 2009

10.54

10.5%

Benjamin Ram has been a Vice President and portfolio manager of OppenheimerFunds, Inc since May 2009. Prior to joining OppenheimerFunds, Inc, Mr. Ram was sector manager for financial investments and a co-portfolio manager for mid-cap portfolios with the RS Core Equity Team of RS Investment Management Co. LLC from October 2006 to May 2009. He served as Portfolio Manager Mid Cap Strategies, Sector Manager Financials at The Guardian Life Insurance Company of America from January 2006 to October 2006 when Guardian Life Insurance acquired an interest in RS Investment Management Co. LLC. He was a financial analyst, from 2003 to 2005, and co-portfolio manager, from 2005 to 2006, at Mercantile Capital Advisers, Inc. Mr. Ram was a bank analyst at Legg Mason Securities from 2000 to 2003 and was a senior financial analyst at the CitiFinancial division of Citigroup, Inc. from 1997 to 2000. Mr. Ram is a portfolio manager and officer of other portfolios in the OppenheimerFunds complex. Ben holds an M.B.A. from John Hopkins University and a B.A. in economics from the University of Maryland.

Paul Larson


Start Date

Tenure

Tenure Rank

Feb 28, 2014

5.76

5.8%

Paul Larson has been a Vice President of OppenheimerFunds since January 2013. Prior to joining OppenheimerFunds, he was a portfolio manager and Chief Equity Strategist at Morningstar, during which time he was also an editor of Morningstar’s Stocklnvestor newsletter, which tracked Mr. Larson’s recommendations. He was previously an analyst at Morningstar covering the energy sector and oversaw the firm’s natural resources analysts. During his tenure at Morningstar, Mr. Larson also contributed to the ongoing development of Morningstar’s moat methodology and their initiation of the moat trend methodology. Prior to joining Morningstar in 2002, Mr. Larson was an analyst with The Motley Fool. Mr. Larson holds an M.B.A. from the Keller Graduate School of Management and a B.S. in bioengineering from the University of Illinois at Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.39 6.01 0.42