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Kiplinger recognized the Buffalo Small Cap Fund as a “Top-Performing Mutual Fund” in their recent fund analysis for the period ending April 30, 2020.
The Buffalo Small Cap Fund (BUFSX) ranked #6 in the Small-Company Stock Funds category for 20-year annualized returns.
Management Team:
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Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.
Kiplinger recognized the Buffalo Small Cap Fund as a “Top-Performing Mutual Fund” in their recent fund analysis for the period ending January 31, 2020.
The Buffalo Small Cap Fund (BUFSX) ranked #8 in the Small-Company Stock Funds category for 20-year annualized returns.
Management Team:
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Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.
Kiplinger recognized the Buffalo Small Cap and the Buffalo Emerging Opportunities funds as “Top-Performing Mutual Funds” in their recent fund analysis for the period ending December 31, 2019.
The Buffalo Small Cap Fund (BUFSX) ranked #7 in the Small-Company Stock Funds category for 1-year and 20-year annualized returns* (not ranked in the top 10 for the 5-year or 10-year time periods). The Buffalo Emerging Opportunities Fund (BUFOX) ranked #8 in the same category for 10-year annualized returns* (not ranked in the top 10 for the 1-year or 5-year time periods).
* Based on Morningstar’s universe of 25,000+ funds
Management Teams:
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.
Kiplinger recognized the Buffalo Small Cap and the Buffalo Emerging Opportunities funds as “Top-Performing Mutual Funds” in their recent fund analysis for the period ending November 30, 2019.
The Buffalo Small Cap Fund (BUFSX) ranked #4 in the Small-Company Stock Funds category for 20-year annualized returns, and the Buffalo Emerging Opportunities Fund (BUFOX) ranked #9 in the same category for 10-year annualized returns.
Management Teams:
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.
Kiplinger recognized the Buffalo Small Cap and the Buffalo International Funds as “Top-Performing Mutual Funds” in their recent fund analysis for the period ending October 31, 2019.
The Buffalo Small Cap Fund (BUFSX) ranked #3 in the Small-Company Stock Funds category for 20-year annualized returns, and the Buffalo International Fund (NASDAQ: BUFIX) ranked #10 in the International Diversified Large-Company Funds category for 5-year annualized returns.
Management Teams:
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.
Buffalo Small Cap Fund co-portfolio manager Jamie Cuellar, CFA, was recently interviewed by Barron’s about the recent market downturn for small-company stocks. In the article, he describes the team’s approach to picking premier growth stocks based on in-depth analysis of company fundamentals and highlights the BUFSX team’s long-term investment philosophy that focuses less on short-term market movements.
“If anything, you’ve just got some better valuations for ideas you may have missed out on in the first place or something you’re really excited about.“ ~ Jamie Cuellar, CFA, Co-Portfolio Manager, Buffalo Small Cap Fund
In the interview, Jamie reviewed his career path to the Buffalo Funds and the changes he and his co-managers put in place for the portfolio to help improve the Fund’s investment strategy and valuation discipline.
The article also identifies several small-cap stocks in the BUFSX portfolio which illustrate the Fund’s investment process in action:
CLICK HERE to access the Barron’s article.
Diversification does not assure a profit, nor does it protect against a loss in a declining market. Past performance does not guarantee future results. Earnings growth is not representative of the fund’s future performance.
Opinions expressed are those of the author or Funds and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice. References to other mutual funds should not to be considered an offer to buy or sell these securities. A complete list of the Fund’s holdings can be found here. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.
Annualized Performance (%)
(as of 11/16/18) | 1 YR | 3 YR | 5 YR | 10 YR |
---|---|---|---|---|
Buffalo Small Cap Fund | 9.60 | 12.75 | 5.50 | 14.78 |
Russell 2000 Price Return Index | 2.73 | 9.73 | 6.48 | 12.84 |
Russell 2000 Total Return Index | 4.06 | 11.26 | 7.93 | 14.41 |
The Buffalo Small Cap Fund expense ratio is 1.01%. The Barron’s article references Russell 2000 Price Return Index performance as of 11/16/18, instead of the commonly-used Russell 2000 Total Return Index. The price return is the rate of return on an investment portfolio, where the return measure takes into account only the capital appreciation of the portfolio, while the income generated by the assets in the portfolio, in the form of interest and dividends, is ignored. This contrasts with the total return, which does take into account the income generated in the portfolio.
Where the article references the “Buffalo Small Cap has out run the Russell 2000 by an average of two percentage points a year over the past decade,” the percentage difference between the Russell 2000 Price Return Index as of 11/16/18 (the date the article uses as a reference point for returns) was actually 1.68%. However, the 10-year outperformance of the Fund vs the Russell 2000 Price Return Index, averaged out across every day in 2018 up to 11/16/18, is 2.19%.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower of higher than the performance quoted and can be found here; quarter-end performance can be found here. Performance is annualized for periods greater than 1 year.
BUFSX Portfolio Managers – Jamie Cuellar, Alex Hancock, Bob Male
Jamie Cuellar, BUFSX co-portfolio manager, discusses his team’s trend-spotting and portfolio-building strategies that have helped the Buffalo Small Cap Fund weather the recent market volatility.
Joel Crampton
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Craig Richard, Buffalo Early Stage Growth Fund co-portfolio manager, was recently interviewed by The Wall Street Transcript where he discusses IPOs and being overweight in the technology sector. He also shares his thoughts on investing in early stage growth companies, highlighting several examples of companies in the Fund’s portfolio.
Ken Laudan, Buffalo Large Cap Fund portfolio manager, was recently interviewed by Investor’s Business Daily where he discusses industry trends that help identify opportunities with the potential for market outperformance.
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.
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.
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.