Optimum Small-Mid Cap Value Fund (OISVX)
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small- and mid-market capitalization companies (80% policy). For purposes of this fund, small-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 2000 Value Index, and mid-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell Midcap Value Index.
Fund Info
US2461187492
Aug 1, 2003
$0
Small-Cap
Value
Expense Ratio
OISVX has a high expense ratio of 1.18%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Optimum Small-Mid Cap Value 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
Optimum Small-Mid Cap Value Fund had a return of 2.37% year-to-date (YTD) and 5.88% in the last 12 months. Over the past 10 years, Optimum Small-Mid Cap Value Fund had an annualized return of 1.12%, while the S&P 500 had an annualized return of 11.31%, indicating that Optimum Small-Mid Cap Value Fund did not perform as well as the benchmark.
OISVX
2.37%
-0.81%
-0.64%
5.88%
2.79%
1.12%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of OISVX, 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 | 3.55% | 2.37% | |||||||||||
| 2024 | -1.56% | 3.24% | 5.38% | -6.10% | 4.23% | -3.25% | 7.21% | -0.13% | 1.83% | -0.77% | 8.73% | -13.80% | 2.84% |
| 2023 | 9.98% | -3.09% | -6.39% | -1.24% | -4.87% | 9.49% | 4.60% | -3.31% | -4.47% | -5.30% | 7.99% | 9.03% | 10.55% |
| 2022 | -3.24% | 1.20% | -0.31% | -6.70% | 2.95% | -11.21% | 8.58% | -3.72% | -11.93% | 12.35% | 6.31% | -12.96% | -20.30% |
| 2021 | 3.26% | 8.61% | 5.28% | 4.52% | 2.34% | -2.76% | -0.72% | 1.64% | -2.57% | 3.13% | -2.68% | 1.01% | 22.41% |
| 2020 | -3.89% | -11.10% | -24.89% | 13.71% | 3.76% | 1.14% | 3.11% | 4.93% | -3.31% | 0.45% | 17.83% | 4.37% | -1.05% |
| 2019 | 11.25% | 2.98% | -1.83% | 3.80% | -8.51% | 7.43% | 0.68% | -3.92% | 4.48% | 1.28% | 3.49% | 0.53% | 22.18% |
| 2018 | 2.02% | -4.76% | 0.42% | -0.62% | 2.71% | 0.34% | 2.43% | 1.65% | -1.88% | -9.32% | 2.11% | -17.51% | -22.02% |
| 2017 | 0.21% | 2.45% | -0.62% | 1.03% | -2.11% | 1.46% | 0.76% | -1.64% | 4.29% | 1.00% | 3.35% | -5.07% | 4.87% |
| 2016 | -7.45% | 1.52% | 7.14% | 0.58% | 1.47% | -0.40% | 4.45% | 1.24% | -0.76% | -1.62% | 7.99% | 3.82% | 18.43% |
| 2015 | -3.84% | 6.06% | -0.28% | 0.91% | 0.97% | -1.99% | -4.06% | -4.16% | -5.33% | 5.79% | 1.90% | -9.92% | -14.14% |
| 2014 | -3.92% | 4.96% | 0.52% | -1.61% | 0.52% | 0.26% | -5.13% | 4.31% | -5.91% | 2.58% | -0.95% | -3.43% | -8.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OISVX is 13, meaning it’s performing worse than 87% 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 Optimum Small-Mid Cap Value Fund (OISVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Optimum Small-Mid Cap Value Fund provided a 1.00% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.19 | $0.13 | $0.16 | $0.22 | $0.14 | $0.10 | $0.11 | $0.08 |
Dividend yield | 1.00% | 1.02% | 1.35% | 1.01% | 0.98% | 1.66% | 1.03% | 0.86% | 0.72% | 0.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Optimum Small-Mid Cap Value 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 | $0.15 | $0.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2016 | $0.08 | $0.08 |
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 Optimum Small-Mid Cap Value 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 Optimum Small-Mid Cap Value Fund was 68.40%, occurring on Mar 9, 2009. Recovery took 1055 trading sessions.
The current Optimum Small-Mid Cap Value Fund drawdown is 12.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.4% | Jun 5, 2007 | 442 | Mar 9, 2009 | 1055 | May 17, 2013 | 1497 |
| -50.77% | Dec 1, 2017 | 579 | Mar 23, 2020 | 223 | Feb 9, 2021 | 802 |
| -33.73% | Apr 3, 2014 | 469 | Feb 11, 2016 | 455 | Nov 30, 2017 | 924 |
| -30.91% | Nov 16, 2021 | 490 | Oct 27, 2023 | — | — | — |
| -15.27% | May 10, 2006 | 50 | Jul 21, 2006 | 143 | Feb 15, 2007 | 193 |
Volatility
Volatility Chart
The current Optimum Small-Mid Cap Value Fund volatility is 3.12%, 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.