Olstein Strategic Opportunities Fund
Performance
Adviser Class Performance
| OFSFX | Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|
| Cumulative Returns | |||
| Last 3 Months | 5.89% | 8.98% | 10.44% |
| Year to Date | 12.48% | 19.57% | 21.12% |
| Average Annual Returns | |||
| One Year | 27.15% | 32.11% | 34.10% |
| Three Years | 1.74% | 8.24% | 6.24% |
| Five Years | 8.61% | 10.72% | 10.95% |
| Since Inception 5/11/15 | 5.56% | 8.76% | 9.65% |
| OFSFX | Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|
| Cumulative Returns | |||
| Last 3 Months | 4.57% | 9.63% | 8.75% |
| Year to Date | 3.81% | 11.28% | 11.30% |
| Average Annual Returns | |||
| One Year | 18.81% | 26.59% | 26.17% |
| Three Years | -1.51% | 6.06% | 3.47% |
| Five Years | 8.02% | 9.99% | 10.43% |
| Since Inception 5/11/15 | 4.77% | 8.09% | 8.85% |
As of 10/28/24 the gross and net expense ratios for Adviser Class shares were 1.52% and 1.35%, respectively. Olstein Capital Management, the Adviser, has contractually agreed to waive certain fees/expenses until October 28, 2025. Performance would have been lower without waivers in effect.
Class A Performance
| OFSAX w/o Sales Charge |
OFSAX w/ Sales Charge |
Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|---|
| Cumulative Returns | ||||
| Last 3 Months | 5.81% | 0.00% | 8.98% | 10.44% |
| Year to Date | 12.22% | 6.04% | 19.57% | 21.12% |
| Average Annual Returns | ||||
| One Year | 26.77% | 19.82% | 32.11% | 34.10% |
| Three Years | 1.47% | -0.43% | 8.24% | 6.24% |
| Five Years | 8.34% | 7.12% | 10.72% | 10.95% |
| Ten Years | 5.75% | 5.15% | 8.77% | 9.85% |
| Since Inception (11/01/06) |
7.29% | 6.96% | 7.95% | 9.16% |
| OFSAX w/o Sales Charge |
OFSAX w/ Sales Charge |
Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|---|
| Cumulative Returns | ||||
| Last 3 Months | 4.48% | -1.28% | 9.63% | 8.75% |
| Year to Date | 3.61% | -2.10% | 11.28% | 11.30% |
| Average Annual Returns | ||||
| One Year | 18.47% | 11.95% | 26.59% | 26.17% |
| Three Years | -1.77% | -3.60% | 6.06% | 3.47% |
| Five Years | 7.74% | 6.53% | 9.99% | 10.43% |
| Ten Years | 5.73% | 5.14% | 8.47% | 9.50% |
| Since Inception (11/01/06) |
6.88% | 6.55% | 7.59% | 8.74% |
As of 10/28/24 the gross and net expense ratios for Class A shares were 1.77% and 1.60%, respectively. Olstein Capital Management, the Adviser, has contractually agreed to waive certain fees/expenses until October 28, 2025. Performance would have been lower without waivers in effect.
Standardized returns reflect deduction of the maximum 5.50% sales charge applicable to Class A shares. Class A shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed within 12 months of the purchase. The CDSC is not reflected in the performance with maximum sales charge.
Class C Performance
| OFSCX w/o Sales Charge |
OFSCX w/ Sales Charge |
Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|---|
| Cumulative Returns | ||||
| Last 3 Months | 5.61% | 4.61% | 8.98% | 10.44% |
| Year to Date | 11.45% | 10.45% | 19.57% | 21.12% |
| Average Annual Returns | ||||
| One Year | 25.87% | 24.87% | 32.11% | 34.10% |
| Three Years | 0.71% | 0.71% | 8.24% | 6.24% |
| Five Years | 7.52% | 7.52% | 10.72% | 10.95% |
| Ten Years | 4.96% | 4.96% | 8.77% | 9.85% |
| Since Inception (11/01/06) |
6.51% | 6.51% | 7.95% | 9.16% |
| OFSCX w/o Sales Charge |
OFSCX w/ Sales Charge |
Russell™ 2500 Value Index |
Russell™ 2500 Index |
|
|---|---|---|---|---|
| Cumulative Returns | ||||
| Last 3 Months | 4.29% | 3.29% | 9.63% | 8.75% |
| Year to Date | 3.04% | 2.04% | 11.28% | 11.30% |
| Average Annual Returns | ||||
| One Year | 17.60% | 16.60% | 26.59% | 26.17% |
| Three Years | -2.50% | -2.50% | 6.06% | 3.47% |
| Five Years | 6.93% | 6.93% | 9.99% | 10.43% |
| Ten Years | 4.94% | 4.94% | 8.47% | 9.50% |
| Since Inception (11/01/06) |
6.10% | 6.10% | 7.59% | 8.74% |
There is a 1% contingent deferred sales charge (CDSC) imposed if an investor redeems Class C shares within the first year of purchase. As of 10/28/24 the gross and net expense ratios for Class C shares were 2.52% and 2.35%, respectively. Olstein Capital Management, the Adviser, has contractually agreed to waive certain fees/expenses until October 28, 2025. Performance would have been lower without waivers in effect.
Calendar Year Returns
| Year | Adviser Class | Class A | Class C | Russell 2500™ Value Index |
Russell 2500® Index |
|---|---|---|---|---|---|
| 2023 | 14.62 | 14.28 | 13.42 | 15.98 | 17.42 |
| 2022 | -21.20 | -21.35 | -21.93 | -13.08 | -18.37 |
| 2021 | 21.99 | 21.62 | 20.73 | 27.78 | 18.18 |
| 2020 | 16.11 | 15.82 | 14.98 | 4.88 | 19.99 |
| 2019 | 28.88 | 28.61 | 27.54 | 23.56 | 27.77 |
| 2018 | -13.85 | -14.06 | -14.67 | -12.36 | -10.00 |
| 2017 | 6.22 | 5.88 | 5.10 | 10.36 | 16.81 |
| 2016 | 20.77 | 20.51 | 19.67 | 25.2 | 17.59 |
| 2015 | — | -14.41 | -15.11 | -5.49 | -2.90 |
| 2014 | — | 12.34 | 11.56 | 7.11 | 7.07 |
| 2013 | — | 42.56 | 41.50 | 33.32 | 36.80 |
| 2012 | — | 22.12% | 21.14 | 19.21 | 17.88 |
| 2011 | — | -7.60 | -8.26 | -3.36 | -2.51 |
| 2010 | — | 27.65 | 26.73 | 24.82 | 26.71 |
| 2009 | — | 48.51 | 47.24 | 27.68 | 34.39 |
| 2008 | — | -38.11 | -38.58 | -31.99 | -36.79 |
| 2007 | — | -5.17 | -5.81 | -7.27 | 1.38 |
Returns (expressed as percentages) assume reinvestment of dividends and capital gain distributions, and do not reflect applicable Class A or Class C sales charges.
Olstein Strategic Opportunities Fund
Growth of Hypothetical $10,000 Investment
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. Value stocks can continue to be undervalued by the market for long periods of time. Current performance may be lower or higher than performance quoted; to obtain the most recent month-end performance, please call 800-799-2113.
The Russell 2500 Value Index measures the performance of the small to mid-cap value segment of the U.S. equity universe. It includes those Russell 2500 companies that are considered more value oriented relative to the overall market as defined by Russell's leading style methodology. The Russell 2500 Value Index is constructed to provide a comprehensive and unbiased barometer of the small to mid-cap growth market. The Russell 2500 Index is an unmanaged index that measures the performance of the small to mid-cap segment of the U.S equity universe. The Russell 2500 is a subset of the Russell 3000 Index. It includes approximately 2500 of the smallest securities based on total market capitalization. Investors cannot actually make investments in either index.