Funds Overview

Olstein All Cap Value Fund

Olstein Strategic Opportunities Fund



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Current Fund Fact Sheet

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Fund Holdings

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Distribution History

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Olstein All Cap Value Fund

Performance

Class A Performance

 
October 31, 2020 (Annualized Returns)
OFAVX

w/o Sales Charge
OFAVX

w/ Sales Charge
Russell® 3000
Value Index
Russell® 3000
Index
One Year -2.85% -8.20% -8.00% 10.15%
Since Inception (9/17/18) -0.22% -2.85% -1.87% 7.53%
 
As of September 30, 2020 (Annualized Returns)
OFAVX

w/o Sales Charge
OFAVX

w/ Sales Charge
Russell® 3000
Value Index
Russell® 3000
Index
One Year -1.46% -6.87% -5.67% 15.00%
Since Inception (9/17/18) -0.36% -3.09% -1.45% 9.02%

Standardized returns reflect deduction of the maximum 5.50% sales charge applicable to Class A shares. Class A shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed within 12 months of the purchase. The CDSC is not reflected in the performance with maximum sales charge. As of 10/28/20 the expense ratio for Class A was 1.40%

Class C Performance

 
October 31, 2020 (Annualized Returns)
OFALX

w/o Sales Charge
OFALX

w/ Sales Charge
Russell® 3000
Value Index
Russell® 3000
Index
One Year -3.57% -4.51% -8.00% 10.15%
Three Years 2.37% 2.37% 1.52% 10.04%
Five Years 4.68% 4.68% 5.69% 11.48%
Ten Years 8.24% 8.24% 9.30% 12.80%
Since Inception
(9/21/95)
9.14% 9.14% 8.29% 9.16%
 
As of September 30, 2020 (Annualized Returns)
OFALX

w/o Sales Charge
OFALX

w/ Sales Charge
Russell® 3000
Value Index
Russell® 3000
Index
One Year -2.21% -3.15% -5.67% 15.00%
Three Years 2.84% 2.84% 2.11% 11.65%
Five Years 6.12% 6.12% 7.43% 13.69%
Ten Years 8.49% 8.49% 9.75% 13.48%
Since Inception
(9/21/95)
9.16% 9.16% 8.37% 9.29%

There is a 1% contingent deferred sales charge (CDSC) imposed if an investor redeems Class C shares within the first year of purchase. As of 10/28/20, the expense ratio for the Class C was 2.15%.

Adviser Class Performance

 
October 31, 2020 (Annualized Returns)
OFAFX Russell® 3000
Value Index
Russell® 3000
Index
One Year -2.59% -8.00% 10.15%
Three Years 3.42% 1.52% 10.04%
Five Years 5.73% 5.69% 11.48%
Ten Years 9.24% 9.30% 12.80%
Since Inception
(9/21/99)
7.21% 6.31% 6.86%
 
As of September 30, 2020 (Annualized Returns)
OFAFX Russell® 3000
Value Index
Russell® 3000
Index
One Year -1.20% -5.67% 15.00%
Three Years 3.88% 2.11% 11.65%
Five Years 7.18% 7.43% 13.69%
Ten Years 9.49% 9.75% 13.48%
Since Inception
(9/21/99)
7.23% 6.38% 7.00%

As of 10/28/20, the expense ratio for the Adviser Class was 1.15%.

Calendar Year Returns

 
Class C shares without sales charge and with dividends and capital gain distributions reinvested (shown by percentage)
Year All Cap Value Fund Russell 3000®
Value Index
Russell 3000® Index
Class C Adviser Class
1996 24.36 21.59 21.82
1997 34.83 34.83 31.78
1998 15.01 13.50 24.14
1999 34.89 6.65 20.90
2000 12.93 13.80 8.04 -7.46
2001 17.25 18.13 -4.33 -11.46
2002 -19.27 -18.68 -15.18 -21.54
2003 36.19 37.22 31.14 31.06
2004 11.05 11.85 16.94 11.95
2005 2.79 3.59 6.85 6.12
2006 14.44 15.26 22.34 15.71
2007 -3.43 -2.67 -1.01 5.14
2008 -43.80 -43.43 -36.25 -37.31
2009 37.01 38.16 19.76 28.34
2010 16.17 17.04 16.23 16.93
2011 -4.30 -3.55 -0.10 1.03
2012 15.30 16.13 17.55 16.42
2013 36.41 37.54 32.69 33.55
2014 15.03 16.20 12.70 12.56
2015 -9.51 -8.63 -4.13 0.48
2016 11.53 12.71 18.40 12.74
2017 14.29 15.39 13.19 21.13
2018 -10.99 -10.09 -8.58 -5.24
2019 27.15 28.46 26.26 31.02


Olstein All Cap Value Fund
Growth of Hypothetical $10,000 Investment

Class C shares since inception without sales charge and with dividends and capital gain distributions reinvested.
Hover over graph lines to see month-end values

Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance quoted; to obtain the most recent month-end performance, please call 800-799-2113.

The Olstein Funds follow a value-oriented investment approach. However, a particular value stock may not increase in price as the Investment Manager anticipates and may actually decline in price if other investors fail to recognize the stock’s value or if a catalyst that the Investment Manager believes will increase the price of the stock does not occur or does not affect the price of the stock in the manner or to the degree that the Investment Manager anticipated. Also, the Investment Manager’s calculation of a stock’s private market value involves estimates of future cash flow which may prove to be incorrect and, therefore, could result in sales of the stock at prices lower than the Fund’s original purchase price.

The Russell 3000® Value Index measures the performance of the broad value segment of U.S. equity value universe. It includes those Russell 3000 companies with lower price-to-book ratios and lower forecasted growth values. The Russell 3000® Value Index is constructed to provide a comprehensive, unbiased, and stable barometer of the broad value market.

The Russell 3000® Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization, and represents approximately 98% of the investable U.S. Equity market. Investors cannot actually make investments in either index.

LEGAL DISCLOSURES AND OTHER IMPORTANT INFORMATION

The fund recently experienced significant negative short-term performance due to market volatility associated with the COVID-19 pandemic.

Investing involves risk including possible loss of principal.  Investors should carefully consider the investment objectives, risks, charges and expenses of the Olstein Funds.  This and other important information is contained in the prospectus, which should be read carefully before investing.  For a copy, click the prospectus link below.  

Past performance is no guarantee of future results. This information is not an offer to sell or a solicitation to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made. Important legal information – please read the disclaimer before proceeding. Be sure to read the Olstein Funds Privacy Policy before becoming a shareholder. Click here to read the disclaimer+