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Buffalo Growth Fund
mutual fund
BIIGX
Payout Change
Suspended
Price as of:
$35.48
+0.41
+1.17%
primary theme
U.S. Large-Cap Growth Equity
share class
BIIGX (Mutual Fund)
Buffalo Growth Fund
Payout Change
Suspended
Price as of:
$35.48
+0.41
+1.17%
primary theme
U.S. Large-Cap Growth Equity
share class
BIIGX (Mutual Fund)
Buffalo Growth Fund
Payout Change
Suspended
Price as of:
$35.48
+0.41
+1.17%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
26.6%
1 yr return
26.6%
3 Yr Avg Return
8.3%
5 Yr Avg Return
14.4%
Net Assets
$176 M
Holdings in Top 10
58.4%
52 WEEK LOW AND HIGH
$35.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.77%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 83.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
BIIGX - Profile
Distributions
- YTD Total Return 26.6%
- 3 Yr Annualized Total Return 8.3%
- 5 Yr Annualized Total Return 14.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBuffalo Growth Fund
-
Fund Family NameBuffalo
-
Inception DateJul 03, 2019
-
Shares Outstanding1935230
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKen Laudan
Fund Description
The Growth Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, consisting of common stocks, preferred stocks, convertible securities, warrants, and rights of “growth companies.” Kornitzer Capital Management, Inc., the Fund’s investment adviser (the “Adviser” or “KCM”), defines growth companies as companies that, at the time of purchase, are constituents of the Russell 3000® Growth Index or exhibit growth characteristics (generates positive cash flows or earnings that increase at faster rates than the overall economy) consistent with inclusion of companies in the Russell 3000® Growth Index. In addition to the Fund’s investments in domestic securities, the Fund may also invest up to 20% of its net assets in sponsored or unsponsored American Depositary Receipts (“ADRs”) and securities of foreign companies that are traded on U.S. stock exchanges.
Companies are screened using in-depth, in-house research to identify those which the Adviser believes have favorable attributes, including attractive valuation, strong management, conservative debt, free cash flow, scalable business models, and competitive advantages. The Fund may invest in companies in any sector. Currently, the Fund has
significant investments in the information technology sector. The Adviser may sell the Fund’s investments to secure gains, limit losses, or reinvest in more promising investment opportunities.
The Fund is classified as a “non-diversified” investment company under the Investment Company Act of 1940 (the “1940 Act”).
BIIGX - Performance
Return Ranking - Trailing
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.6% | -6.1% | 52.5% | 63.27% |
| 1 Yr | 26.6% | -4.9% | 55.1% | 63.27% |
| 3 Yr | 8.3%* | -23.8% | 24.5% | 49.03% |
| 5 Yr | 14.4%* | -15.0% | 30.3% | 67.38% |
| 10 Yr | N/A* | -5.5% | 21.7% | 27.52% |
* Annualized
Return Ranking - Calendar
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 35.0% | -74.1% | 72.4% | 40.78% |
| 2022 | -34.0% | -85.9% | 4.7% | 50.97% |
| 2021 | 10.4% | -52.4% | 60.5% | 42.38% |
| 2020 | 22.3% | -34.3% | 145.0% | 64.31% |
| 2019 | N/A | -6.9% | 49.4% | N/A |
Total Return Ranking - Trailing
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.6% | -6.1% | 52.5% | 63.27% |
| 1 Yr | 26.6% | -4.9% | 55.1% | 63.27% |
| 3 Yr | 8.3%* | -23.8% | 24.5% | 49.03% |
| 5 Yr | 14.4%* | -15.0% | 30.3% | 67.38% |
| 10 Yr | N/A* | -5.5% | 21.7% | 25.60% |
* Annualized
Total Return Ranking - Calendar
| Period | BIIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 42.8% | -4.6% | 72.4% | 27.10% |
| 2022 | -31.0% | -61.7% | 5.6% | 53.29% |
| 2021 | 21.9% | -39.8% | 118.1% | 52.29% |
| 2020 | 28.5% | 2.8% | 149.2% | 76.04% |
| 2019 | N/A | -5.2% | 49.4% | N/A |
NAV & Total Return History
BIIGX - Holdings
Concentration Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Net Assets | 176 M | 296 K | 317 B | 83.23% |
| Number of Holdings | 44 | 2 | 3061 | 72.14% |
| Net Assets in Top 10 | 104 M | 126 K | 150 B | 81.31% |
| Weighting of Top 10 | 58.37% | 0.7% | 205.0% | 28.21% |
Top 10 Holdings
- Microsoft Corp 12.13%
- Apple Inc 9.75%
- NVIDIA Corp 8.50%
- Amazon.com Inc 7.60%
- Alphabet Inc 5.47%
- Meta Platforms Inc 5.07%
- Alphabet Inc 2.64%
- TransUnion 2.42%
- Uber Technologies Inc 2.41%
- Mastercard Inc 2.36%
Asset Allocation
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| Stocks | 98.83% | 0.00% | 123.52% | 50.73% |
| Cash | 1.21% | 0.00% | 173.52% | 45.10% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 27.86% |
| Other | 0.00% | -36.56% | 42.58% | 36.75% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 17.18% |
| Bonds | 0.00% | 0.00% | 102.71% | 19.42% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| Technology | 40.64% | 0.00% | 65.70% | 27.36% |
| Consumer Cyclical | 17.11% | 0.00% | 62.57% | 39.18% |
| Healthcare | 12.65% | 0.00% | 39.76% | 50.64% |
| Communication Services | 11.50% | 0.00% | 66.40% | 40.09% |
| Financial Services | 7.17% | 0.00% | 43.06% | 69.09% |
| Consumer Defense | 5.05% | 0.00% | 25.50% | 30.27% |
| Industrials | 3.71% | 0.00% | 30.65% | 75.18% |
| Basic Materials | 2.10% | 0.00% | 18.91% | 29.55% |
| Energy | 0.08% | 0.00% | 41.09% | 55.27% |
| Utilities | 0.00% | 0.00% | 16.07% | 40.36% |
| Real Estate | 0.00% | 0.00% | 16.05% | 72.55% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BIIGX % Rank | |
|---|---|---|---|---|
| US | 98.83% | 0.00% | 123.52% | 40.02% |
| Non US | 0.00% | 0.00% | 75.46% | 42.20% |
BIIGX - Expenses
Operational Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.77% | 0.01% | 28.71% | 65.48% |
| Management Fee | 0.75% | 0.00% | 1.50% | 79.25% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BIIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 83.00% | 0.00% | 316.74% | 84.79% |
BIIGX - Distributions
Dividend Yield Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 52.32% |
Dividend Distribution Analysis
| BIIGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| BIIGX | Category Low | Category High | BIIGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.34% | -6.13% | 3.48% | 52.50% |
Capital Gain Distribution Analysis
| BIIGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 05, 2024 | $2.980 | CapitalGainLongTerm |
| Dec 05, 2023 | $1.675 | CapitalGainLongTerm |
| Dec 05, 2022 | $1.068 | CapitalGainLongTerm |
| Dec 03, 2021 | $3.362 | OrdinaryDividend |
| Dec 18, 2020 | $1.531 | CapitalGainLongTerm |
| Dec 18, 2019 | $0.100 | OrdinaryDividend |
| Dec 18, 2019 | $0.074 | CapitalGainShortTerm |
| Dec 18, 2019 | $3.281 | CapitalGainLongTerm |
BIIGX - Fund Manager Analysis
Managers
Ken Laudan
Start Date
Tenure
Tenure Rank
Apr 08, 2021
1.15
1.2%
Ken began working with SRAM in 2017 as an advisor to the Small Cap Equities strategy. At SRAM, he capitalizes on 26 years in the institutional investment healthcare sector. His previous experience includes overseeing Humana’s corporate venture capital effort, eleven years as an award-winning sell-side analyst and the last 13 years on the buyside as a sub-advisor at Friess Associates (long only) and Blackthorn Investment Group (market neutral). At Blackthorn, he was part of four-person portfolio team that won back to back “Top Lipper Award for Market Neutral Hedge Fund in North America”. Ken also currently manages his own long oriented healthcare fund, TallGrass Health Sciences Fund. Ken graduated from Kansas State University with a degree in finance and minor in accounting. Ken has served on the Dean of Student’s Advisory Board and the Finance Advisory Board of the Business School at K-State.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
