# Buffalo Mid Cap Fund (BUFMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bufmx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2001-12-14 The Buffalo Mid Cap Fund commits a substantial portion of its portfolio, specifically at least 80% of its net assets, to various equity investments. These include common stocks, preferred stocks, convertible preferred stocks, warrants, and rights. The fund focuses on businesses designated as 'mid-capitalization' or 'mid-cap' companies. The adviser's definition of a mid-cap company is one whose market capitalization, at the time of purchase, falls within the spectrum defined by the Morningstar US Mid Growth Index. ## Key Facts | Metric | Value | |---|---| | Price | $13.35 | | Expense Ratio | 1.01% | | Assets Under Management | $100.3M | | NAV | $13.35 | | Holdings Count | — | | Distribution Yield (TTM) | 11.23% | | Annual Distribution (TTM) | $1.50 /share | | Distribution Frequency | Annual | | 52-Week Range | $12.88 – $17.25 | | Beta | 1.06 | ## Latest Distribution - Amount: $1.4999 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does BUFMX invest in? The Buffalo Mid Cap Fund commits a substantial portion of its portfolio, specifically at least 80% of its net assets, to various equity investments. These include common stocks, preferred stocks, convertible preferred stocks, warrants, and rights. The fund focuses on businesses designated as 'mid-capitalization' or 'mid-cap' companies. The adviser's definition of a mid-cap company is one whose market capitalization, at the time of purchase, falls within the spectrum defined by the Morningstar US Mid Growth Index. ### What is the expense ratio of BUFMX? Buffalo Mid Cap Fund (BUFMX) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BUFMX? Buffalo Mid Cap Fund (BUFMX) manages $100.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BUFMX actively managed or an index fund? BUFMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was BUFMX launched? Buffalo Mid Cap Fund (BUFMX) launched in December 2001 and is managed by the fund issuer. ### How has BUFMX performed? BUFMX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does BUFMX pay a dividend? Buffalo Mid Cap Fund (BUFMX) currently distributes little or no income. Trailing-twelve-month yield is 11.23%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BUFMX pay dividends? Buffalo Mid Cap Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BUFMX's dividend yield? BUFMX's trailing-twelve-month yield is 11.23%, calculated from the sum of dividends over the past year divided by the current price. ### When is BUFMX's next ex-dividend date? The most recently announced ex-dividend date for BUFMX was 2025-12-05. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BUFMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.01% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BUFMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BUFMX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BUFMX cost more than a fund like VOO? BUFMX's strategy (current expense ratio 1.01%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BUFMX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BUFMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BUFMX (1.01%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bufmx - Distribution history: https://www.dividenddata.com/funds/bufmx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bufmx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bufmx/expenses - Peer comparison: https://www.dividenddata.com/funds/bufmx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.