Optimum Small-Mid Cap Value Fund Class A (OASVX)

13.91
Net Asset Value
+0.29%
1 Day
-0.78%
Year-to-Date
Overall Morningstar Rating
Small value
Style or Category
5.75
Sales Expenses
1.56%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances- the fund will invest at least 80% of its net assets- plus the amount of any borrowings for investment purposes- in securities of small- and mid-market capitalization companies (80% policy). For purposes of this fund- small-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 2000 - Value Index- and mid-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell Midcap- Value Index.

Performance

1 month-3.00% 3 years+3.94%
3 months+1.92% 5 years+6.72%
1 year+5.74% Since inception+8.01%
Data through --

Peer Comparisonvs. Small value

 OASVXCategory
Performance 5-yr return+6.72%+12.23%
Expense ratio1.56%1.28%
Risk 5 year sharpe ratio0.650.83
Net assets$473.0M$1.1B
Average market cap$4.3B$3.3B
Average P/E20.119.9
Portfolio turnover30%30%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDelaware Funds by Macquarie
Fund manager & tenureGrant Taber / 9 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock96.97%
International stock1.74%
Cash1.29%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 27.31%
Consumer goods 19.91%
Financial service 13.13%
Hardware 10.30%
Healthcare 6.63%
Top 10 Holdings
Portfolio weighting
ZION Zions Bancorp1.70%
RE Everest Re Group Ltd1.20%
WAL Western Alliance Bancorp1.19%
WTFC Wintrust Financial Corp1.18%
EXP Eagle Materials Inc1.15%
HOMB Home BancShares Inc1.12%
CHFC Chemical Financial Corp1.11%
FANG Diamondback Energy Inc1.08%
ARE Alexandria Real Estate Equities Inc1.08%
RSPP RSP Permian Inc1.06%