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Morningstar

Optimum Large Cap Value A OALVX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 18.90  /  0.37 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    1.170%
  • Expense Ratio 1.170%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.08%
  • Turnover 22%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis OALVX

Will OALVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OALVX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the OALVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of OALVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Optimum Large Cap Value A earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings OALVX

More OALVX Holdings
  • Current Portfolio Date
  • Equity Holdings 121
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings 20.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

3.76
66,827,821
Financial Services

ConocoPhillips

2.37
42,237,465
Energy

Johnson & Johnson

2.11
37,611,490
Healthcare

Comcast Corp Class A

2.09
37,168,191
Communication Services

Lowe's Companies Inc

1.87
33,275,711
Consumer Cyclical

Honeywell International Inc

1.82
32,422,234
Industrials

Abbott Laboratories

1.76
31,376,134
Healthcare

Merck & Co Inc

1.76
31,326,198
Healthcare

Duke Energy Corp

1.68
29,879,853
Utilities

Prologis Inc

1.62
28,767,600
Real Estate