Olstein Strategic Opportunities Fund (OFSAX)
The fund seeks to achieve its objectives by investing primarily in common stocks of small- and mid-sized companies ("small-cap" or "mid-cap" stocks) that the fund's investment adviser believes are selling at a significant discount to private market value. It may invest up to 20% of its net assets in foreign securities that are traded in U.S. dollars, and will limit the fund's foreign investments to investments in developed countries, rather than countries with developing or emerging markets.
Fund Info
US56167N5977
56167N597
Nov 1, 2006
$1,000
Small-Cap
Value
Expense Ratio
OFSAX has a high expense ratio of 1.60%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Olstein Strategic Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Olstein Strategic Opportunities Fund had a return of 2.63% year-to-date (YTD) and 1.84% in the last 12 months. Over the past 10 years, Olstein Strategic Opportunities Fund had an annualized return of 1.55%, while the S&P 500 had an annualized return of 11.26%, indicating that Olstein Strategic Opportunities Fund did not perform as well as the benchmark.
OFSAX
2.63%
-1.83%
-3.33%
1.84%
2.65%
1.55%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of OFSAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.83% | 2.63% | |||||||||||
| 2024 | -3.61% | 2.26% | 5.97% | -6.78% | 5.71% | -3.64% | 10.88% | -3.54% | -2.31% | -1.43% | 9.88% | -13.51% | -2.93% |
| 2023 | 15.27% | 0.05% | -4.17% | -3.16% | -5.38% | 8.04% | 2.08% | -4.97% | -5.83% | -6.13% | 7.83% | 12.96% | 14.27% |
| 2022 | -3.64% | -0.42% | -5.20% | -7.87% | -0.44% | -11.91% | 10.52% | -4.88% | -10.96% | 12.19% | 7.37% | -6.61% | -22.62% |
| 2021 | 5.59% | 11.06% | 5.65% | 1.89% | 0.57% | -2.45% | -3.06% | 3.19% | -3.57% | 1.59% | -3.27% | -6.11% | 10.23% |
| 2020 | -4.96% | -10.66% | -26.69% | 16.02% | 7.59% | 2.08% | 2.30% | 8.69% | -2.01% | 3.50% | 21.66% | 6.43% | 15.82% |
| 2019 | 9.60% | 3.74% | -3.19% | 5.06% | -8.36% | 9.25% | 1.57% | -6.85% | 6.07% | 1.79% | 3.52% | 5.05% | 28.61% |
| 2018 | 3.20% | -2.66% | -1.99% | -1.34% | 0.35% | 2.46% | 2.63% | 2.57% | -0.54% | -11.05% | 4.67% | -12.51% | -14.82% |
| 2017 | 1.09% | 1.20% | 0.53% | 0.88% | -3.21% | 1.93% | -0.89% | -4.60% | 3.94% | 1.93% | 0.83% | 2.40% | 5.88% |
| 2016 | -8.17% | 1.43% | 10.03% | 0.71% | -0.07% | -3.68% | 6.03% | 3.53% | 0.27% | -2.80% | 12.91% | 0.43% | 20.51% |
| 2015 | -0.34% | 4.84% | 0.33% | -0.81% | -1.04% | -2.42% | -4.01% | -6.18% | -6.90% | 6.20% | -0.44% | -12.74% | -22.34% |
| 2014 | -4.53% | 3.37% | 2.38% | -1.19% | 0.52% | 4.86% | -3.60% | 4.86% | -4.21% | 6.19% | 1.80% | -8.13% | 1.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OFSAX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Olstein Strategic Opportunities Fund (OFSAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Olstein Strategic Opportunities Fund provided a 0.40% dividend yield over the last twelve months, with an annual payout of $0.09 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $0.09 | $0.09 | $0.02 |
Dividend yield | 0.40% | 0.41% | 0.09% |
Monthly Dividends
The table displays the monthly dividend distributions for Olstein Strategic Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2023 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Olstein Strategic Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Olstein Strategic Opportunities Fund was 66.49%, occurring on Mar 9, 2009. Recovery took 738 trading sessions.
The current Olstein Strategic Opportunities Fund drawdown is 25.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.49% | Jul 10, 2007 | 419 | Mar 9, 2009 | 738 | Feb 9, 2012 | 1157 |
| -47.31% | Nov 28, 2014 | 1334 | Mar 18, 2020 | 164 | Nov 9, 2020 | 1498 |
| -41.5% | Nov 17, 2021 | 219 | Sep 30, 2022 | — | — | — |
| -15.29% | Mar 27, 2012 | 48 | Jun 4, 2012 | 71 | Sep 14, 2012 | 119 |
| -11.49% | May 10, 2021 | 49 | Jul 19, 2021 | 85 | Nov 16, 2021 | 134 |
Volatility
Volatility Chart
The current Olstein Strategic Opportunities Fund volatility is 4.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.