Oppenheimer Discovery Y Fund (ODIYX) seeks capital appreciation. ODIYX invests mainly in common stocks of U.S. companies that the portfolio manager believes have favorable growth prospects. ODIYX currently emphasizes on stocks of issuers that have a market capitalization of less than $3 billion.
This Small Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.1% and 5 year 13.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
ODIYX’s performance, as of the last filing, when compared to funds in its category was in the top 25% over the past 1 year, and in the top 10% over the past 3 years and in the top 47% over the past 5 years.
The Oppenheimer Discovery Y fund, as of the last filing, allocates their fund in top two major groups; Small Growth and Large Growth. Further, as of the last filing, Western Alliance Bancorp, Monolithic Power Systems and Burlington Stores Inc were the top holdings for ODIYX.
This Zacks Rank #2 (Buy) was incepted in September 1986 and is managed by Oppenheimer. ODIYX carries an expense ratio of 0.87% and requires a minimal initial investment of $0.
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