Olstein Strategic Opportunities Fund Adviser Class (OFSFX)
| Fund Assets | 50.35M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 1.50 |
| Dividend Yield | 6.92% |
| Dividend Growth | 1,450.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 20.56 |
| YTD Return | -3.61% |
| 1-Year Return | 2.26% |
| 5-Year Return | 66.91% |
| 52-Week Low | 16.77 |
| 52-Week High | 24.89 |
| Beta (5Y) | n/a |
| Holdings | 40 |
| Inception Date | May 11, 2015 |
About OFSFX
The Olstein Strategic Opportunities Fund Adviser Class is a mutual fund primarily focused on achieving long-term capital appreciation through investments in undervalued equity securities of small- to mid-cap companies. The fund targets businesses navigating unique strategic challenges or transformative periods, with an emphasis on those overlooked or mispriced by the broader market. Its investment process centers on rigorous fundamental analysis, specifically assessing a company's ability to generate sustainable free cash flow and evaluating the quality and reliability of earnings by adjusting for accounting practices and management biases. The fund’s portfolio is diversified across various sectors and comprises a select number of holdings, favoring deep research over broad exposure. The strategy may also include shareholder activism to unlock intrinsic value within investments. Managed by Olstein Capital Management, the fund is noted for its disciplined, value-oriented approach, and plays a role in offering investors focused exposure to smaller public companies with the potential for operational or strategic turnaround, often underrepresented in large-cap or index-heavy portfolios.
Performance
OFSFX had a total return of 2.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.42%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEVFX | Vanguard | Vanguard Explorer Value Fund Investor Shares | 0.49% |
Top 10 Holdings
45.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Mount Vernon Liquid Assets Portfolio, LLC | n/a | 11.34% |
| Sensata Technologies Holding plc | ST | 4.32% |
| Integra LifeSciences Holdings Corporation | IART | 4.04% |
| Blue Bird Corporation | BLBD | 3.94% |
| Gates Industrial Corporation plc | GTES | 3.93% |
| Dine Brands Global, Inc. | DIN | 3.93% |
| Central Garden & Pet Company | CENTA | 3.68% |
| Vontier Corporation | VNT | 3.57% |
| The Shyft Group, Inc. | SHYF | 3.42% |
| ABM Industries Incorporated | ABM | 3.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $1.49949 | Dec 9, 2024 |
| Dec 4, 2023 | $0.09669 | Dec 4, 2023 |
| Dec 6, 2022 | $0.3166 | Dec 6, 2022 |
| Dec 6, 2021 | $2.50668 | Dec 6, 2021 |
| Dec 10, 2018 | $0.14049 | Dec 10, 2018 |
| Dec 7, 2015 | $1.41544 | Dec 7, 2015 |