Oberweis Funds - Oberweis Global Opportunities Fd USD Cls INST
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$27.79
$16.2 M
0.00%
1.28%
Vitals
YTD Return
1.6%
1 yr return
10.7%
3 Yr Avg Return
-5.4%
5 Yr Avg Return
9.1%
Net Assets
$16.2 M
Holdings in Top 10
39.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 111.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$27.79
$16.2 M
0.00%
1.28%
OBGIX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return -5.4%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameOberweis Funds - Oberweis Global Opportunities Fd USD Cls INST
-
Fund Family NameOberweis
-
Inception DateMay 01, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Oberweis
Fund Description
The Fund invests, under normal circumstances, at least 80% of its net assets in the securities of relatively small companies, which, at the time of investment, have a market capitalization of less than or equal to $1.5 billion or are within the range of companies represented in the MSCI ACWI Small-Cap Index, whichever is greater. The Fund invests principally in the common stocks of companies that the Fund’s investment adviser, Oberweis Asset Management, Inc. (“OAM”), believes have the potential for significant long-term growth in market value. The Fund may invest without limit in U.S. and non-U.S. companies. The non-U.S. companies in which the Fund invests may be securities of companies in developed or developing (or emerging) markets, including Chinese securities acquired through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect, as well as equity-linked certificates (also called Participatory Notes) which are expected to provide the fund exposure to certain classes of shares traded in foreign markets which would otherwise not be available to the Fund. The Fund may invest in equity-linked certificates issued and/or guaranteed by counterparties rated A or better by Moody’s or Standard & Poor’s Corporation or issued and/or guaranteed by counterparties deemed to be of similar quality by OAM. Equity-linked certificates are derivative securities generally issued by banks or broker-dealers that are linked to the performance of an underlying foreign security. OAM anticipates that approximately 40 – 60% of the Fund’s assets, on average over time, will be invested in emerging growth companies outside the United States.
The Fund seeks to invest in up-and-coming companies which OAM believes have the potential for increasing profitability and accelerating growth. The Fund seeks to invest in equity securities that typically exhibit the following characteristics:
Under-Appreciated Revenue and Earnings Growth — potential for revenue and/or earnings growth in excess of consensus expectations.
Timely Catalyst — a recent positive earnings release or an earnings surprise that tangibly and quantitatively begins to confirm that consensus analyst expectations are too low.
Inflection Point of Change — a business that is experiencing change — often from a new product, a new management team or a regulatory change — as these changes can drive unexpected or underestimated growth. A significant gap generally exists between OAM’s forecasts and consensus analyst expectations.
Limited Analyst Coverage — a company not widely followed by other analysts to maximize the chances of finding misunderstood situations.
Sustainability — a sustainable business with a competitive position driven by niche market leadership, intellectual capital or unique manufacturing processes. Put another way, a reasonable barrier to competitive entry.
Operating Leverage — profitable and scalable business model, which tends to generate rising net profits margins as revenue growth accelerates.
Valuation — undervalued based on OAM’s growth forecasts and historical valuation metrics afforded the company and/or peers.
OBGIX - Performance
Return Ranking - Trailing
Period | OBGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -44.3% | 9.5% | 87.18% |
1 Yr | 10.7% | -51.1% | 24.7% | 87.10% |
3 Yr | -5.4%* | -6.4% | 28.0% | 20.27% |
5 Yr | 9.1%* | -4.2% | 18.3% | 51.20% |
10 Yr | N/A* | 1.0% | 13.7% | 28.57% |
* Annualized
Return Ranking - Calendar
Period | OBGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.7% | -50.5% | 18.8% | 78.38% |
2022 | -28.5% | -27.4% | 103.5% | 7.69% |
2021 | -2.8% | 3.5% | 66.4% | 43.57% |
2020 | 47.5% | -64.5% | 5.6% | 89.68% |
2019 | 26.0% | -9.3% | 49.7% | N/A |
Total Return Ranking - Trailing
Period | OBGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -44.3% | 9.5% | 86.54% |
1 Yr | 10.7% | -51.1% | 24.7% | 81.94% |
3 Yr | -5.4%* | -6.4% | 28.0% | 18.24% |
5 Yr | 9.1%* | -4.2% | 18.3% | 46.40% |
10 Yr | N/A* | 1.0% | 13.7% | 28.57% |
* Annualized
Total Return Ranking - Calendar
Period | OBGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.7% | -50.6% | 18.8% | 78.38% |
2022 | -26.6% | -27.4% | 103.5% | 7.69% |
2021 | 21.2% | 3.5% | 66.4% | 43.57% |
2020 | 55.9% | -64.5% | 5.6% | 92.06% |
2019 | 26.0% | -9.3% | 53.2% | N/A |
NAV & Total Return History
OBGIX - Holdings
Concentration Analysis
OBGIX | Category Low | Category High | OBGIX % Rank | |
---|---|---|---|---|
Net Assets | 16.2 M | 2.31 M | 71.6 B | 73.13% |
Number of Holdings | 51 | 31 | 9561 | 83.13% |
Net Assets in Top 10 | 21.1 M | 452 K | 5.44 B | 58.13% |
Weighting of Top 10 | 39.68% | 4.2% | 63.4% | 19.38% |
Top 10 Holdings
- Ashtead Technology Holdings plc 6.76%
- Alphatec Holdings Inc 4.99%
- Weatherford International PLC 4.76%
- Axcelis Technologies Inc 4.15%
- Veracyte Inc 3.47%
- Vertiv Holdings Co 3.34%
- Fuji Electric Co Ltd 3.29%
- Whitbread PLC 3.17%
- Bel Fuse Inc 3.14%
- Clean Harbors Inc 2.59%
Asset Allocation
Weighting | Return Low | Return High | OBGIX % Rank | |
---|---|---|---|---|
Stocks | 91.46% | 40.59% | 104.41% | 43.75% |
Cash | 5.31% | -4.41% | 47.07% | 91.88% |
Preferred Stocks | 0.00% | 0.00% | 1.04% | 65.00% |
Other | 0.00% | -7.94% | 19.71% | 7.50% |
Convertible Bonds | 0.00% | 0.00% | 7.55% | 60.63% |
Bonds | 0.00% | 0.00% | 8.07% | 60.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | OBGIX % Rank | |
---|---|---|---|---|
Technology | 38.22% | 0.00% | 93.40% | 6.88% |
Consumer Cyclical | 24.16% | 0.00% | 71.20% | 9.38% |
Healthcare | 21.22% | 0.00% | 28.38% | 9.38% |
Financial Services | 4.12% | 0.00% | 75.07% | 70.63% |
Industrials | 4.08% | 0.00% | 53.77% | 90.00% |
Basic Materials | 3.71% | 0.00% | 26.39% | 65.00% |
Energy | 2.09% | 0.00% | 36.56% | 76.88% |
Consumer Defense | 1.38% | 0.00% | 52.28% | 91.25% |
Communication Services | 1.02% | 0.00% | 23.15% | 56.25% |
Utilities | 0.00% | 0.00% | 70.33% | 82.50% |
Real Estate | 0.00% | 0.00% | 43.48% | 88.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | OBGIX % Rank | |
---|---|---|---|---|
US | 51.93% | 6.76% | 79.19% | 44.38% |
Non US | 39.54% | 12.39% | 83.06% | 35.63% |
OBGIX - Expenses
Operational Fees
OBGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.28% | 0.43% | 2.93% | 45.63% |
Management Fee | 0.84% | 0.30% | 1.25% | 53.13% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.64% |
Administrative Fee | N/A | 0.03% | 0.15% | N/A |
Sales Fees
OBGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
OBGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 84.62% |
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.
OBGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 111.00% | 7.00% | 145.00% | 93.33% |
OBGIX - Distributions
Dividend Yield Analysis
OBGIX | Category Low | Category High | OBGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.18% | 65.00% |
Dividend Distribution Analysis
OBGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
OBGIX | Category Low | Category High | OBGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.61% | -1.92% | 6.98% | 75.16% |
Capital Gain Distribution Analysis
OBGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
OBGIX - Fund Manager Analysis
Managers
James Oberweis
Start Date
Tenure
Tenure Rank
Nov 04, 2001
20.58
20.6%
Jim is President of Oberweis Asset Management, Inc. and oversees all investment research at Oberweis. He has spent his entire career managing portfolios of high-growth, small-cap companies. Jim is a holder of the Chartered Financial Analyst (CFA) designation. Jim earned an MBA with high honors from the University of Chicago and a BS in Computer Science from the University of Illinois. He has been a featured guest on CNBC and Bloomberg Television and authors a growth stock column for Forbes. Jim is a member of the Young Presidents’ Organization (YPO), the Economic Club of Chicago, the Investment Analysts Society of Chicago, and the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 39.6 | 7.02 | 9.33 |