2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#137 in Mid-Cap Growth
U.S. News evaluated 221 Mid-Cap Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 23.00 percent over the past year, 11.26 percent over the past three years, 19.06 percent over the past five years, and 8.23 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.6%|
|3 Years (Annualized)||11.3%|
|5 Years (Annualized)||19.1%|
|10 Years (Annualized)||8.2%|
The investment seeks capital appreciation. The fund mainly invests in common stocks of U.S. companies that the portfolio manager expects to have above-average growth rates. It seeks to invest in newer companies or in more established companies that are in the early growth phase of their business cycle, which is typically marked by above-average growth rates. The fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of "mid-cap" issuers. It defines mid-cap issuers as those issuers that are within the range of market capitalizations of the Russell Midcap® Growth Index.
Fees are Low compared to funds in the same category.
Oppenheimer Discovery Mid Cap Growth Fund has an expense ratio of 1.47 percent.
Risk is Average compared to funds in the same category according to Morningstar.