Mark Oelschlager discusses Pin Oak with CNBC.com
"Manager of this market-beating fund finds success despite not being a 'gunslinger' like his dad" by Fred Imbert (March 27, 2018).
By clicking the link immediately above, you are leaving the Oak Associates Funds website (oakfunds.com). This link is provided for information purposes only, and Ultimus Fund Distributors, LLC is not responsible for the content beyond this point.
The thoughts and opinions expressed are solely those of the person speaking as of March 27, 2018. There can be no assurance with regard to future market movements. The discussion of individual companies should not be considered a recommendation of such companies by the Fund’s investment adviser. The discussion is designed to provide viewers with an understanding of how the Fund’s investment adviser manages the Fund’s portfolio. There can be no assurance with regard to future market movements. Mutual fund investing involves risk. Principal loss is possible. The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the Fund and may be obtained by calling 1-888-462-5386. Read it carefully before investing. Distributed by Ultimus Fund Distributors, LLC.
|As of 02/28/2018||1-Year||3-Year||5-Year||10-Year||Since Inception|
|Pin Oak Equity Fund (8/3/1992)||-2.94%||14.36%||13.65%||16.02%||13.59%||8.37%|
|Russell 3000® Index TR||-3.69%||16.22%||10.59%||14.37%||9.78%||9.80%|
Gross Expense Ratio 1.08%
Net Expense Ratio 1.08%
The 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 not be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-462-5386.
As of December 31, 2017, Pin Oak Equity Fund’s top ten holdings are:
|Alphabet, Inc. – Classes A & C||7.29%|
|The Bank of New York Mellon Corp.||5.88%|
|The Charles Schwab Corp.||5.72%|
|Valero Energy Corp.||4.21%|
|Twenty-First Century Fox, Inc.||3.75%|
|Capital One Financial Corp.||3.74%|
|The Travelers Cos., Inc.||3.67%|
Holdings are subject to change.
The Russell 3000 Index is an equity index that encompasses the 3,000 largest U.S.-traded stocks, in which the underlying companies are all incorporated in the U.S. One cannot invest directly in an index.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% threeyear rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. As of 02/28/18 Pin Oak Equity Fund was rated against the following numbers of U.S.-domiciled Large Blend funds over the following time periods: 1216 funds in the overall and last three years, 1076 funds in the last five years, and 805 funds in the last ten years. Pin Oak Equity Fund received a Morningstar Rating of five stars, five stars, five stars, and five stars for the overall, three-, five- and ten-year periods, respectively. As of 02/28/18 White Oak Select Growth Fund was rated against the following numbers of U.S.-domiciled Large Growth funds over the following time periods: 1196 funds in the overall and last three years, 1093 funds in the last five years, and 775 funds in the last ten years. White Oak Select Growth Fund received a Morningstar Rating of four stars, five stars, three stars, and four stars for the overall, three-, five- and ten-year periods, respectively. Past performance is no guarantee of future results.