Buffalo Mid Cap Discovery Fund (BUFTX)
| Fund Assets | 334.71M |
| Expense Ratio | 0.99% |
| Min. Investment | $2,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 3.97 |
| Dividend Yield | 21.64% |
| Dividend Growth | 71.89% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 5, 2025 |
| Previous Close | 18.35 |
| YTD Return | -2.61% |
| 1-Year Return | -8.06% |
| 5-Year Return | -7.25% |
| 52-Week Low | 16.34 |
| 52-Week High | 24.38 |
| Beta (5Y) | 1.13 |
| Holdings | 73 |
| Inception Date | Apr 16, 2001 |
About BUFTX
Buffalo Mid Cap Discovery Fund is a mutual fund focused on providing long-term capital growth by investing primarily in mid-cap equity securities. The fund is managed with a disciplined, research-intensive approach that combines both top-down analysis of broad growth trends and bottom-up evaluation to identify innovative companies with the potential for positive change. At least 80% of its assets are allocated to mid-cap stocks—firms whose market capitalizations are similar to those in the Russell Midcap Growth Index—across a diverse range of sectors including financial services, healthcare, industrials, technology, and real estate. The portfolio typically holds about 70–75 securities and is diversified to reduce company-specific risk, yet maintains a focus on businesses with strong management teams and durable competitive advantages. The fund may also invest up to 20% in American depositary receipts (ADRs) and foreign companies listed on U.S. exchanges, broadening its opportunity set while maintaining a U.S.-centric profile. Buffalo Mid Cap Discovery Fund plays a notable role in the market by targeting companies in the dynamic mid-cap segment, offering investors exposure to firms that are often in a growth phase—balancing established operations with significant potential for expansion.
Performance
BUFTX had a total return of -8.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.11%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BUITX | Institutional Class | 0.86% |
Top 10 Holdings
29.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Government Portfolio | FIGXX | 5.72% |
| Hilton Worldwide Holdings Inc. | HLT | 3.44% |
| Verisk Analytics, Inc. | VRSK | 3.28% |
| Vertiv Holdings Co | VRT | 3.25% |
| MSCI Inc. | MSCI | 3.02% |
| Veeva Systems Inc. | VEEV | 2.22% |
| Cencora, Inc. | COR | 2.10% |
| Tyler Technologies, Inc. | TYL | 2.08% |
| AMETEK, Inc. | AME | 2.07% |
| Comfort Systems USA, Inc. | FIX | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2025 | $3.9712 | Dec 5, 2025 |
| Dec 5, 2024 | $2.31038 | Dec 5, 2024 |
| Dec 5, 2022 | $1.36711 | Dec 5, 2022 |
| Dec 3, 2021 | $4.36818 | Dec 3, 2021 |
| Dec 18, 2020 | $2.39488 | Dec 18, 2020 |
| Dec 18, 2019 | $3.58887 | Dec 18, 2019 |