OALGX: Optimum Large Cap Growth A

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OALGX Optimum Large Cap Growth A


Profile

OALGX - Profile

Vitals

  • YTD Return 18.7%
  • 3 Yr Annualized Return 4.9%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $2.11 B
  • Holdings in Top 10 42.1%

52 WEEK LOW AND HIGH

$21.68
$13.65
$23.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 18.7%
  • 3 Yr Annualized Total Return 16.7%
  • 5 Yr Annualized Total Return 15.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Optimum Large Cap Growth Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Aug 01, 2003
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Fath

Fund Description

The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of large market capitalization companies. For purposes of this fund, large market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 1000 ® Growth Index. It may also invest in foreign securities, including American depositary receipts and other depositary receipts and shares; derivatives, including futures and options; and fixed income securities, including those rated below investment grade.


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Categories

Performance

OALGX - Performance

Return Ranking - Trailing

Period OALGX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.7% -91.6% 86.2% 42.68%
1 Yr 25.8% -92.0% 115.1% 26.93%
3 Yr 4.9%* -59.0% 39.7% 64.49%
5 Yr 5.7%* -41.4% 33.3% 63.81%
10 Yr 7.5%* -18.4% 17.5% 54.91%

* Annualized

Return Ranking - Calendar

Period OALGX Return Category Return Low Category Return High Rank in Category (%)
2019 26.7% -67.9% 49.9% 32.75%
2018 -14.1% -65.5% 10.6% 59.93%
2017 10.6% -46.3% 52.2% 85.23%
2016 -3.1% -56.6% 15.3% 67.07%
2015 -2.8% -82.5% 11.4% 45.10%

Total Return Ranking - Trailing

Period OALGX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.7% -91.6% 86.2% 42.68%
1 Yr 25.8% -92.0% 115.1% 26.93%
3 Yr 16.7%* -57.9% 39.7% 20.08%
5 Yr 15.9%* -38.8% 33.3% 16.48%
10 Yr 15.2%* -17.0% 21.6% 12.92%

* Annualized

Total Return Ranking - Calendar

Period OALGX Return Category Return Low Category Return High Rank in Category (%)
2019 26.7% -67.9% 49.9% 32.83%
2018 -1.0% -65.5% 16.5% 17.04%
2017 32.1% -28.2% 52.2% 15.49%
2016 0.6% -56.6% 17.1% 64.74%
2015 7.9% -38.0% 17.3% 10.21%

NAV & Total Return History


Holdings

OALGX - Holdings

Concentration Analysis

OALGX Category Low Category High OALGX % Rank
Net Assets 2.11 B 818 K 235 B 39.68%
Number of Holdings 124 2 2263 21.04%
Net Assets in Top 10 770 M 399 K 71.6 B 42.77%
Weighting of Top 10 42.06% 13.5% 100.0% 66.82%

Top 10 Holdings

  1. Amazon.com Inc 9.82%
  2. Microsoft Corp 6.48%
  3. Facebook Inc A 5.28%
  4. Apple Inc 4.83%
  5. Visa Inc Class A 3.71%
  6. Alphabet Inc Class C 2.75%
  7. UnitedHealth Group Inc 2.68%
  8. Alibaba Group Holding Ltd ADR 2.28%
  9. Salesforce.com Inc 2.13%
  10. Adobe Inc 2.10%

Asset Allocation

Weighting Return Low Return High OALGX % Rank
Stocks
98.08% 60.93% 103.32% 65.97%
Cash
1.75% -5.73% 39.07% 34.18%
Other
0.09% -1.64% 18.70% 14.31%
Preferred Stocks
0.07% 0.00% 2.55% 9.05%
Convertible Bonds
0.00% 0.00% 6.70% 83.60%
Bonds
0.00% -0.48% 13.73% 84.07%

Stock Sector Breakdown

Weighting Return Low Return High OALGX % Rank
Technology
32.06% 4.67% 54.73% 46.48%
Consumer Cyclical
19.07% 0.00% 44.53% 18.95%
Communication Services
15.05% 0.00% 34.83% 28.46%
Healthcare
13.28% 0.00% 60.93% 72.85%
Financial Services
8.64% 0.00% 41.40% 71.31%
Industrials
7.75% 0.00% 24.88% 28.31%
Consumer Defense
2.03% 0.00% 19.15% 74.94%
Basic Materials
1.07% 0.00% 13.33% 56.84%
Real Estate
0.97% 0.00% 22.16% 66.82%
Utilities
0.08% 0.00% 11.79% 28.54%
Energy
0.00% 0.00% 7.94% 90.02%

Stock Geographic Breakdown

Weighting Return Low Return High OALGX % Rank
US
91.04% 60.93% 100.05% 65.20%
Non US
7.04% 0.00% 18.83% 31.40%

Expenses

OALGX - Expenses

Operational Fees

OALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.01% 24.73% 36.81%
Management Fee 0.69% 0.00% 1.40% 63.03%
12b-1 Fee 0.25% 0.00% 1.00% 52.58%
Administrative Fee 0.05% 0.01% 1.02% 27.96%

Sales Fees

OALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.50% 8.50% 41.88%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

OALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

OALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 464.00% 32.60%

Distributions

OALGX - Distributions

Dividend Yield Analysis

OALGX Category Low Category High OALGX % Rank
Dividend Yield 0.00% 0.00% 19.69% 83.81%

Dividend Distribution Analysis

OALGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Semi-Annually

Net Income Ratio Analysis

OALGX Category Low Category High OALGX % Rank
Net Income Ratio -0.38% -8.87% 2.43% 76.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

OALGX - Fund Manager Analysis

Managers

Joseph Fath


Start Date

Tenure

Tenure Rank

Jan 17, 2014

6.62

6.6%

Joe Fath is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. He is the portfolio manager and chairman of the Investment Advisory Committee for the Growth Stock Fund. He is also a member of the portfolio management team for the US Large-Cap Growth Equity Strategy in the U.S. Equity Division. Joe serves as a vice president and Investment Advisory Committee member of the Media & Telecommunications, Capital Opportunity and Mid-Cap Growth Funds. He joined the firm in 2002 as an analyst covering gaming, lodging, cruise lines, airlines, and air freight and logistics companies after serving as a summer intern for the firm in 2001. He was also the chief financial officer and cofounder of Broadform, Inc., a start-up educational/software company. In addition, Joe worked as director of operations analysis for Players International, a multi-jurisdictional gaming operator in the United States. He also was employed by Coopers & Lybrand as a senior associate in the Business Assurance and Financial Services Group. Joe graduated, with honors, with a B.S. in accounting from the University of Illinois at Urbana-Champaign. He earned an M.B.A., with honors, in finance and entrepreneurial management from the Wharton School, University of Pennsylvania. Joe also has earned the Certified Public Accountant accreditation.

Peter Bourbeau


Start Date

Tenure

Tenure Rank

Oct 06, 2017

2.9

2.9%

Peter co-manages the Large Cap Growth and All Cap Growth strategy products. Peter joined predecessor firm Shearson Asset Management in 1991, and has 29 years of investment industry experience. During his career, Peter has worked in trading, fund management, research, and investment marketing. A graduate of the University of Florida, Peter obtained his MBA from Fordham University.

Margaret Vitrano


Start Date

Tenure

Tenure Rank

Oct 06, 2017

2.9

2.9%

Margaret co-manages the Large Cap Growth and All Cap Growth strategies. Margaret has 24 years of investment industry experience and joined a ClearBridge predecessor organization in 1997. Margaret is a member of the ClearBridge Management Committee. From 2006-2009, Margaret served on the firm's 401(k) Investment Committee, which is responsible for choosing and overseeing investments for the firm's employee retirement plan. Prior to her role at ClearBridge, Margaret was a Research Analyst for the Consumer Discretionary sector at Citigroup. Margaret earned her MBA from the Wharton School of the University of Pennsylvania and a BA in Public Policy Studies and Art History from Duke University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.34 1.34