Buffalo Discovery Fund:
Seeking Growth
Through Innovation

The Overall Morningstar RatedTM Buffalo Discovery Fund (BUFTX) has the freedom to invest in companies across all market capitalizations and sectors to find long-term growth opportunities. Click here to learn more.

Among 644 funds in the Mid-Cap Growth funds (derived from weighted average of the fund's three, five and ten year risk adjusted return measure, if applicable). The Buffalo Discovery Fund received 5 stars among 644 for the three-year, 5 stars among 577 for the five-year, and five stars among 431 Mid-Cap Growth funds for the ten-year period ended 12/31/15.

Buffalo High Yield Fund (BUFHX)

Our team brings many years of credit research experience to the bond market. We are proud to have provided our shareholders what we believe to be a conservative approach to investing in high yield bonds since 1995. Click here to learn more about our Star Overall Morningstar RatedTM Fund:

Among 636 funds in the High Yield Bond category for the period ended 12/31/2015 (derived from a weighted average of the fund’s three, five and ten year risk adjusted return measure, if applicable). The Buffalo High Yield Fund received five stars among 636 for the three-year, five stars among 523 for the five-year, and four stars among 363 High Yield Bond funds for the ten-year period ended 12/31/15.

New and Noteworthy

  • Elizabeth Jones, Buffalo Large Cap Fund (BUFEX) Portfolio Manager's interview with Money Magazine: Picks From The Pros. Click here to read the article.
  • Buffalo Funds announces the reopening of our Emerging Opportunities (BUFOX) and Small Cap (BUFSX) funds, which were previously closed to new accounts. The reopening is effective January 21, 2016. Click here to learn more about BUFOX. Click here to learn more about BUFSX.
  • Effective May 15, 2015, Doug Cartwright, CFA is named as a Co-Manager of the Buffalo Emerging Opportunities Fund. Click here to read the press release.
  • Buffalo Funds is pleased to announce the addition of Jamie Cuellar as well as Portfolio Management changes. Click here to read the press release.


See the Funds' current Morningstar Ratings

For each fund with at least a three-year history, Morningstar calculates a Morningstar RatinTM (based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five–and ten-year Morningstar Rating metrics. ©2015 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results