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Multi-Cap Market Neutral Fund - Select (OGNIX)

Multi-Cap Market Neutral Fund - Select (OGNIX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Portfolio breakdown (as of 3/31/2014)
Top ten long positions  
1. Microsoft Corp. 1.0%  
2. McKesson Corp. 1.0%  
3. UGI Corp. 1.0%  
4. Lexmark International, Inc., Class A 1.0%  
5. Pfizer, Inc. 1.0%  
6. RLJ Lodging Trust 1.0%  
7. GameStop Corp., Class A 1.0%  
8. Pilgrim's Pride Corp. 1.0%  
9. Archer-Daniels-Midland Co. 1.0%  
10. Pitney Bowes, Inc. 1.0%  
TOTAL 10.1  
Top ten short position
1. Avago Technologies Ltd. 1.3%
2. Concho Resources, Inc. 1.2%
3. Brown-Forman Corp., Class B 1.2%
4. Beam, Inc. 1.2%
5. Salesforce.com, Inc. 1.2%
6. Cooper Cos., Inc. (The) 1.1%
7. Tenet Healthcare Corp. 1.1%
8. Carnival Corp. 1.1%
9. Praxair, Inc. 1.1%
10. Triumph Group, Inc. 1.1%
TOTAL 11.6
Sector breakdown* (as of 3/31/2014)
  Long Short
Consumer Discretionary 14.0% 16.5%
Consumer Staples 8.8% 8.6%
Energy 4.7% 7.1%
Financials 5.2% 7.1%
Health Care 10.4% 11.9%
Industrials 14.5% 18.4%
Information Technology 20.9% 22.3%
Materials 5.0% 5.2%
Short-Term Investments 12.4% 0.0%
Telecommunication Services 1.4% 0.4%
Utilities 2.7% 2.5%

* Due to rounding, values may not total 100%.

Portfolio stats (as of 3/31/2014)
Fund assets $415.48
(in millions)
Turnover Ratio 94.00%
(Trailing 12 month)(6/30/2013)
  Long Short
Number of Holdings 175 165
Wtd. Avg. Market Cap $26.4 $12.3
(in billions)    
Median Market Cap $7.7 $6.6
(in billions)    
P/E Ratio 14.7 23.6
(1 yr. forecast)    
P/B ratio 2.4 3.0
Risk measures* (as of 3/31/2014)
Beta --
Sharpe Ratio 0.13

*All risk measures are based on a 3 year time period.


What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

The Fund may engage in short sales. There is no guarantee that the use of long and short positions will succeed in limiting the Fund's exposure to domestic stock market movements, capitalization, sector-swings or other risk factors. Investment in a portfolio involved in long and short selling may have higher portfolio turnover rates. This will likely result in additional tax consequences. Short selling involves certain risks, including additional costs associated with covering short positions and a possibility of unlimited loss on certain short sale positions.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

The top 10 long and short positions listed reflect only the Fund's net assets. Cash and cash equivalents are excluded. Holdings are subject to change and should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value (net assets) of the securities held in the Fund and does not include the use of derivative positions, where applicable.

Sharpe ratio: A risk-adjusted measure that determines the reward per unit of risk. The numerator is the difference between the Fund's annualized return and the annualized return of the risk-free instrument (Citigroup 3-Month Treasury Bill Index) and the denominator is the Fund's standard deviation. The Sharpe ratio is calculated over a 36-month period based on the Fund's returns. The greater the Fund's Sharpe ratio, the better its risk-adjusted performance has been. A negative Sharpe ratio indicates that a risk-free instrument would perform better than the Fund. The Sharpe ratio shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

Standard deviation: A statistical measure of the degree to which the Fund's returns have varied from its historical average. The higher the standard deviation, the wider the range of returns from its average and the greater the historical volatility. The standard deviation is calculated over a 36-month period based on Fund's monthly returns. The standard deviation shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

EPS: Total earnings divided by the number of shares outstanding.

Risk measures are calculated based upon the Funds' broad-based index as stated in the prospectus.