Buffalo Mid Cap Discovery Fund (BUFTX)

Fund Assets	303.10M
Expense Ratio	1.02%
Min. Investment	$250,000
Turnover	74.00%
Dividend (ttm)	3.97
Dividend Yield	20.93%
Dividend Growth	71.89%
Payout Frequency	n/a
Ex-Dividend Date	Dec 5, 2025

Previous Close	18.77
YTD Return	-0.05%
1-Year Return	-3.97%
5-Year Return	-6.60%
52-Week Low	16.34
52-Week High	24.06
Beta (5Y)	1.14
Holdings	73
Inception Date	n/a

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.

• Fund Family: Buffalo
• Category: Mid-Cap Growth
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: BUFTX
• Share Class: Investor Class

Performance

BUFTX had a total return of -3.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.18%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VMGRX	Vanguard	Vanguard Mid-Cap Growth Fund Investor Shares	0.33%
FMDGX	Fidelity	Fidelity Mid Cap Growth Index Fund	0.05%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BUITX	Institutional Class	0.87%

Top 10 Holdings

29.16% of assets

Name	Symbol	Weight
Fidelity Inv MM Government I	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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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