Dividend Growth Fund

Mutual Funds

The Oak Ridge family of mutual funds embodies our steadfast commitment to serving the investors who place their trust in our judgment. Our mandate is to invest our clients’ assets in high-quality equity opportunities according to each portfolio’s stated investment objective.

OAK RIDGE DIVIDEND GROWTH FUND

INVESTMENT OBJECTIVE
Current income and long-term capital appreciation

DIVIDEND POTENTIAL
We look for high-quality companies with sound earnings growth, attractive current yields and a demonstrated potential to increase dividend payouts over the long term. We often seek to buy now for dividend strength later.

DOWNSIDE PROTECTION
We believe companies with the capacity to deliver strong dividend yields and sustained earnings may present opportunities to preserve capital and buffer risk over time, even in challenging economic environments.

TOP 10 HOLDINGS AS OF 3/31/2017

Apple 6.8% Procter & Gamble 4.0%
JPMorgan Chase 5.4 CME Group 4.0
BlackRock 4.4 Time Warner 3.7
UnitedHealth 4.2 Intel 3.7
PepsiCo 4.1 Boeing 3.6

Portfolio Characteristics AS OF 3/31/20171

Weighted Avg. Market Cap $186.4B
Median Market Cap $111.5B
Average Price/Earnings Ratio (Forecast) 17.6x
Turnover 17%

Performance

INITIAL INVESTMENT: $10,000 IN CLASS A SHARES AT NET ASSET VALUE—Time Period: 12/31/2013 through 12/31/2016

DAILY NAV As of

NAV $ DAY CHANGE $ YTD CHANGE $ YTD RETURN %

Annualized Total Returns as of 3/31/2017

YTD 1 Year 3 Year Since Inception
Class A (NAV) 4.97% 15.13% 8.21% 10.24%
Class A (POP) -1.05 8.50 6.10 8.52
Class I (NAV) 5.08 15.49 8.51 10.76
S&P 500 Index2 6.07 17.17 10.37 13.18
Performance data quoted here represents past performance and is no guarantee of future results. Investment return and principal value 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 the performance information quoted. For performance data including the effects of sales charges, Class A shares reflect the deduction of a maximum front-end sales charge of 5.75%. If sales charges were included, performance shown would be lower. To obtain performance information current to the most recent month-end please call 800.825.6226.
For Class A shares, a contingent deferred sales charge (“CDSC”) of 1% will be imposed on certain redemptions of such shares within 12 months of the date of purchase. No sales charge applies on investments of $500,000 or more.

FUND FACTS

Ticker

Class A: ORDAX
Class I: ORDNX

Gross Expense Ratio

Class A: 69.21%
Class I: 68.96%

Net Expense Ratio

Class A: 1.26%
Class I: 1.01%

The Fund's advisor has contractually agreed to waive its fees and / or pay for expenses to ensure they do not exceed 1.25% and 1.00% of the average daily net assets of the Class A and I Shares, respectively. This agreement is in effect until September 30, 2024.

Inception Date

6/28/2013

Management Fee

0.75%

CUSIP

Class A: 46141P727
Class I: 46141P719

Distribution

Quarterly

Min. Investment

Class A: $1,000
Class I: $100,000

Total Net Assets

$1mm as of 3/31/2017

Total Holdings

30 as of 3/31/2017

PORTFOLIO MANAGERS

  • klaskin

    DAVID M. KLASKIN

    Lead Portfolio Manager

    Learn more


Top Sectors

as of 3/31/2017

Technology 20.5%
Consumer Staples 16.9
Healthcare 16.5
Financials 13.8
Industrials 7.2

Portfolio Allocation

Due to rounding, figures may not total 100%.
U.S. Equities 93%
International Equities 5
Cash 2

Risk Measures

since inception as of 3/31/2017

As compared to the S&P 500
Beta3 0.98
R-squared4 94.98
Standard Deviation (fund)5 10.83
Standard Deviation (benchmark) 10.75


Important Risks: Investment in equity securities involves substantial risks and may be subject to wide and sudden fluctuations in market value. Investing in mid-cap companies may be subject to more abrupt or erratic market movements and may have lower trading volumes or more erratic trading than securities of larger companies. International investments are subject to unique risks including currency fluctuations, social, economic and political uncertainties, which could increase volatility. In addition, changes in exchange rates and interest rates may adversely affect the value of the fund’s foreign investments. The fund is a newly organized series of an open-end investment company with a limited history of operations. Please see the prospectus for a more complete discussion of the fund’s risks.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 855-551-5521or clicking here. Please read the prospectus carefully before you invest. Distributed by IMST Distributors, LLC.

1 P/E refers to the price of a stock divided by its earnings per share. Reflects weighted average of trailing 12-month price-to-earnings ratios of portfolio holdings. Market Capitalization reflects the total U.S. -denominated portion of the portfolio. Turnover Ratio is the percentage of a fund’s assets that have changed over the course of a given time period, usually a year. Mutual funds with higher turnover ratios tend to have higher expenses.

2 The S&P 500 Index is an unmanaged index of 500 selected common large capitalization stocks listed on the New York Stock Exchange or NASDAQ that is often used as a measure of the U.S. stock market. An investor cannot invest directly in an index.

3 Beta is a measure of the volatility of a fund relative to the overall market. A beta less than one indicates lower risk than the market; a beta greater than one indicates higher risk than the market.

4 R-squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market. Index portfolios will tend to have R-squared values very close to 100.

5 Standard deviation is a statistical measure of the historic volatility of a portfolio.

Class A Shares—Sales Charge Schedule