Buffalo Mid Cap Discovery Inst (BUITX)
| Fund Assets | 577.00M |
| Expense Ratio | 0.87% |
| Min. Investment | $250,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 2.31 |
| Dividend Yield | 9.59% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 24.24 |
| YTD Return | 25.13% |
| 1-Year Return | 56.08% |
| 5-Year Return | 492.91% |
| 52-Week Low | 19.52 |
| 52-Week High | 27.36 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Jul 1, 2019 |
About BUITX
The Buffalo Mid Cap Discovery Fund is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in mid-capitalization companies. The fund allocates at least 80% of its net assets to equity securities of mid-cap firms, typically targeting businesses with market capitalizations similar to those in the Russell Midcap Growth Index. Emphasizing a blend of top-down and bottom-up investment research, the fund seeks out innovative companies positioned to benefit from broad, secular growth trends, across key sectors such as financial services, healthcare, industrials, and real estate. The portfolio is diversified and regularly rebalanced, with a disciplined approach to stock selection and a turnover rate that reflects active management style. This institutional share class is designed for investors seeking exposure to dynamic, growth-oriented mid-sized companies, and plays a significant role for those looking to diversify into the mid-cap growth segment of the equity market.
Performance
BUITX had a total return of 56.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 52.25%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BUFTX | Investor Class | 1.01% |
Top 10 Holdings
25.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Government Portfolio | FIGXX | 3.08% |
| MSCI Inc. | MSCI | 3.04% |
| Veeva Systems Inc. | VEEV | 2.98% |
| Vistra Corp. | VST | 2.91% |
| Vertiv Holdings Co | VRT | 2.24% |
| Verisk Analytics, Inc. | VRSK | 2.24% |
| CoStar Group, Inc. | CSGP | 2.18% |
| TransUnion | TRU | 2.18% |
| Shift4 Payments, Inc. | FOUR | 2.14% |
| Gartner, Inc. | IT | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |