Investment information for financial intermediaries including advisors, broker-dealers, RIAs, and research teams.
Mutual fund information including performance, commentary, holdings, distributions, and prospectuses are available for individual investors.
Q4 2020 INDUSTRY PERSPECTIVES
 | The impact of the COVID-19 virus has been seen throughout all sectors of the economy and government, but we foresee robust U.S. economic growth starting in the second half of 2021. Read More |
DISRUPTION IN HEALTHCARE INVESTING 2020
 | Healthcare is being disrupted… and we’re just getting started. The healthcare sector should continue to be one of the most dynamic investment sectors in the world economy. Read More |
BEAR MARKETS & CLIENT EXPECTATIONS
 | It’s a conversation no one wants to have. However, this is one topic that advisors committed to their clients’ best interests need to broach before the next significant and sustained market drop. Read More |
| FUND | TICKER | NAV | CNG ($) | CNG (%) | YTD (%) | |
| DISCOVERY FUND | BUFTX | $31.91 | $-0.06 | -0.19% | 6.33% | |
| DIVIDEND FOCUS FUND | BUFDX | $23.91 | $0.06 | 0.25% | 8.77% | |
| EARLY STAGE GROWTH FUND | BUFOX | $24.66 | $-0.15 | -0.60% | 11.18% | |
| FLEXIBLE INCOME FUND | BUFBX | $16.58 | $0.07 | 0.42% | 11.40% | |
| GROWTH FUND | BUFGX | $32.79 | $-0.04 | -0.12% | 6.39% | |
| HIGH YIELD FUND | BUFHX | $11.94 | $0.05 | 0.42% | 2.77% | |
| INTERNATIONAL FUND | BUFIX | $21.18 | $-0.19 | -0.89% | 5.58% | |
| LARGE CAP FUND | BUFEX | $48.51 | $-0.08 | -0.16% | 8.31% | |
| MID CAP FUND | BUFMX | $20.87 | $0.02 | 0.10% | 8.13% | |
| SMALL CAP FUND | BUFSX | $23.05 | $-0.12 | -0.52% | 10.66% |
| FUND | TICKER | NAV | CNG ($) | CNG (%) | YTD (%) | |
| DISCOVERY FUND | BUITX | $32.00 | $-0.07 | -0.22% | 6.35% | |
| DIVIDEND FOCUS FUND | BUIDX | $23.91 | $0.06 | 0.25% | 8.81% | |
| EARLY STAGE GROWTH FUND | BUIOX | $24.74 | $-0.15 | -0.60% | 11.24% | |
| FLEXIBLE INCOME FUND | BUIBX | $16.57 | $0.07 | 0.42% | 11.45% | |
| GROWTH FUND | BIIGX | $32.86 | $-0.03 | -0.09% | 6.45% | |
| HIGH YIELD FUND | BUIHX | $11.93 | $0.04 | 0.34% | 2.81% | |
| INTERNATIONAL FUND | BUIIX | $21.20 | $-0.19 | -0.89% | 5.68% | |
| LARGE CAP FUND | BUIEX | $48.59 | $-0.08 | -0.16% | 8.34% | |
| MID CAP FUND | BUIMX | $20.93 | $0.02 | 0.10% | 8.17% | |
| SMALL CAP FUND | BUISX | $23.12 | $-0.11 | -0.47% | 10.73% |
Featured Articles
7 Buffalo Funds Named to IBD Best Mutual Funds 2021 List
Seven Buffalo Funds were named to Investor’s Business Daily Best Mutual Funds 2021 list, including the Best U.S. Diversified, Growth, Large Cap, Mid Cap, Small Cap, International, and U.S. Taxable Bond Fund categories.
“This Small-Cap Fund Is Performing Big”
Buffalo Small Cap Fund co-portfolio manager Jamie Cuellar, CFA, was recently featured in Financial Advisor magazine, discussing the future growth potential of small cap stocks and the many factors that contribute to the Fund’s significant outperformance versus its peers and benchmark index.
“Small Companies Profiting From Covid-19 Pivots”
Buffalo Small Cap Fund portfolio managers Bob Male and Jamie Cuellar were recently interviewed by Barron’s about small-cap companies using size to their advantage, by pivoting their business models to cater to life amidst the COVID-19 pandemic.
Buffalo Funds named to IBD Best Mutual Funds 2020
BUFIX and BUFHX were named to the Investor’s Business Daily Best Mutual Funds 2020 list in the International Stock Fund and U.S. Taxable Bond Funds categories, respectively.
Diversification does not assure a profit, nor does it protect against a loss in a declining market.
Active investing has higher management fees because of the manager’s increased level of involvement while passive investing has lower management and operating fees. Investing in both actively and passively managed mutual funds involves risk and principal loss is possible. Both actively and passively managed mutual funds generally have daily liquidity. There are no guarantees regarding the performance of actively and passively managed mutual funds. Actively managed mutual funds may have higher portfolio turnover than passively managed funds. Excessive turnover can limit returns and can incur capital gains.
Featured Funds
Discovery Fund
Total Assets $1.78 Billion (3/31/21)
Expense Ratio 1.02% / 0.87%
Benchmark Morningstar U.S. Mid Growth
International Fund
Total Assets $545.64 Million (3/31/21)
Expense Ratio 1.05% / 0.90%
Benchmark Morningstar Global Markets ex-US
Early Stage Growth Fund
Total Assets $131.77 Million (3/31/21)
Expense Ratio 1.51% / 1.37%
Benchmark Morningstar U.S. Small Growth
Small Cap Fund
Total Assets $1.13 Billion (3/31/21)
Expense Ratio 1.02% / 0.87%
Benchmark Morningstar U.S. Small Growth
A Note From Our Founder
We believe active portfolio management leads to superior wealth creation and better risk-adjusted results over time. Our investment approach combines top-down trend analysis with bottom-up fundamental company research and then applies a strict valuation discipline to security selection.
The core of our organization is driven by a working philosophy which stresses a team-based investment management structure, independent thinking, in-depth and in-house research, and a long-term focus.
We invest alongside our clients and mutual fund shareholders and have a pride of independent ownership.
~ John C. Kornitzer, Founder Buffalo Funds
Fundamental Approach
We get to know the companies we invest in and learn how they run their business.
Top-Down & Bottom-Up
We identify Top-Down broad, secular growth trends and search for companies from the Bottom-Up.
Proprietary Philosophy
We construct our portfolios based on our own proprietary investment strategy.
Disciplined Investing
Sticking to our disciplined investment strategy ensures we maintain a consistent, balanced approach.