BUFTX – Buffalo Mid Cap Discovery Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities, consisting of common stocks, preferred stocks, convertible securities, warrants, and rights of “mid-cap discovery companies.” In addition to the fund's investments in domestic securities, it may invest up to 20% of its net assets in sponsored or unsponsored ADRs and securities of foreign companies that are traded on U.S. stock exchanges.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BUFTX	Buffalo Mid Cap Discovery Fund	No Load	Open			Apr 16, 2001	$222.26M	1.020%	Average	$2,500	−$155.55M
BUITX	Buffalo Mid Cap Discovery Fund Institutional Class	Institutional	Open			Jul 1, 2019	$72.81M	0.870%	Above Average	$250,000	−$52.52M

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