Buffalo Mid Cap Discovery Fund Institutional Class (BUITX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
24.47
+0.27 (1.12%)
Jul 3, 2025, 4:00 PM EDT
1.03%
Fund Assets 579.14M
Expense Ratio 0.87%
Min. Investment $250,000
Turnover 42.00%
Dividend (ttm) 2.31
Dividend Yield 9.44%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Dec 5, 2024
Previous Close 24.20
YTD Return 27.10%
1-Year Return 64.05%
5-Year Return 551.14%
52-Week Low 19.52
52-Week High 27.36
Beta (5Y) n/a
Holdings 69
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.

Fund Family Buffalo
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol BUITX
Share Class Institutional Class
Index Russell MidCap Growth TR

Performance

BUITX had a total return of 64.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 54.33%.

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

27.20% of assets
Name Symbol Weight
Fidelity Government Portfolio FIGXX 3.77%
MSCI Inc. MSCI 3.75%
TransUnion TRU 3.42%
CoStar Group, Inc. CSGP 2.76%
Veeva Systems Inc. VEEV 2.45%
Copart, Inc. CPRT 2.36%
Corpay, Inc. CPAY 2.25%
Schlumberger Limited SLB 2.21%
Verisk Analytics, Inc. VRSK 2.19%
AMETEK, Inc. AME 2.03%
View More Holdings

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
Full Dividend History