Markets

How is Buffalo Discovery Fund (BUFTX) Performing?

Buffalo Discovery ( BUFTX ) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation. BUFTX generally invests in equity securities that include domestic common stock, preferred stock, convertible securities, warrants and rights of companies whose securities may increase in value due to the development, advancement or commercial application of innovative strategies. BUFTX's investments in equity securities consists mostly of domestic securities, it may invest a maximum of 20% of its net assets in sponsored or unsponsored ADRs and securities of foreign companies that are traded on U.S. stock exchanges.

This Sector - Tech fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth, Small Growth. Further, as of the last filing, APPLE INC, CVS CAREMARK CORP and MEDICINES CO were the top holdings for BUFTX.

The Buffalo Discovery fund, managed by Buffalo Fds , carries an expense ratio of 1.01. Moreover, BUFTX requires a minimal initial investment of $2,500.

BUFTX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 7.61%, 3 year 17.20%, and 5 year 18.50%. To see how this fund performed compared in its category, please click here .

BUFTX's performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 14% over the past 3 years, and in the 7% over the past 5 years.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (BUFTX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

BUFTX

Other Topics

Mutual Funds

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More