Fund Evaluator:
Oberweis Global Opportunities Investor (OBEGX)
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Best Performing in Global Small/Mid Stock Over the Last Year
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Fund Details
Oberweis Global Opportunities Investor Overview
Oberweis Global Opportunities Investor (OBEGX) is an actively managed International Equity Global Small/Mid Stock fund. Oberweis launched the fund in 1987.
The investment seeks to maximize capital appreciation. The fund normally invests at least 80% of its net assets in the securities of relatively small companies, which, at the time of investment, have a market capitalization of less than or equal to $1.5 billion or are within the range of companies represented in the MSCI ACWI Small-Cap Index, whichever is greater. It may invest without limit in U.S. and non-U.S. companies. The fund may invest in equity-linked certificates issued and/or guaranteed by counterparties rated A or better by Moody's or S&P Corporation or issued and/or guaranteed by counterparties deemed to be of similar quality by OAM.
About Oberweis Global Opportunities Investor (OBEGX)
There are 1 members of the management team with an average tenure of 24.67 years: James Oberweis (2001). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and MSCI ACWI Small NR USD index with a weighting of 100%. Oberweis Global Opportunities Investor has 56 securities in its portfolio. The top 10 holdings constitute 33.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Oberweis Global Opportunities Investor is part of the Equity global asset class and is within the International Equity fund group. Oberweis Global Opportunities Investor has 40.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 57.5%. There is 40.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Oberweis Global Opportunities Investor has 2.7% of the portfolio in cash.
Assets Under Management
The fund has $47 million in total assets, which is below the $865 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OBEGX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Oberweis Global Opportunities Investor expense ratio is high compared to funds in the Global Small/Mid Stock category. Oberweis Global Opportunities Investor has an expense ratio of 1.44%, which is 15% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Oberweis Global Opportunities Investor has a portfolio turnover rate of 85%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 56% for the Global Small/Mid Stock category.
Recently, in the month of June 2026, Oberweis Global Opportunities Investor returned 3.5%, which earned it a grade of B, as the Global Small/Mid Stock category had an average return of 1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Oberweis Global Opportunities Investor has a trailing yield of 0.00%, which is below the 1.34% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Oberweis Global Opportunities Investor Grades
Year to date, the fund has returned 30.2%, 16.9 percentage points better than the category, which translates into a grade of A. The fund has returned 42.1% over the past year (grade of A), 19.2% over the past three years (grade of A) and 6.1% per year over the past five years (grade of B) and 12.3% per year over the past 10 years (grade of A).
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OBEGX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OBEGX Return (NAV) | 3.5% | 28.4% | 42.1% | 19.2% | 6.1% | 12.3% |
| OBEGX Grade | B | A | A | A | B | A |
| +/- Category | 2.2% | 15.1% | 22.3% | 7.5% | 2.8% | 3.3% |
| Global Small/Mid Stock Avg | 1.2% | 13.3% | 19.8% | 11.6% | 3.4% | 9.0% |
| OBEGX Tax Cost Ratio | na | na | 2.7% | 0.9% | 1.8% | 1.5% |
OBEGX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OBEGX Return (NAV) | 30.2% | 19.4% | 10.7% | 6.4% | -26.8% | 20.9% | 55.6% | 25.7% | -25.7% | 33.3% | -1.5% |
| OBEGX Grade | A | B | A | F | C | B | A | D | F | A | F |
| +/- Category | 16.9% | 5.2% | 7.8% | -10.1% | -4.4% | 4.9% | 28.0% | -1.9% | -11.7% | 7.3% | -9.4% |
| Global Small/Mid Stock Avg | 13.3% | 14.2% | 2.9% | 16.5% | -22.4% | 16.1% | 27.6% | 27.6% | -14.0% | 26.0% | 7.8% |
| Risk Measures | |
| Standard Deviation: | 18.8% |
| Total Risk Index: | 1.55 - High |
| Category Risk Index: | 1.12 - High |
| Category Risk Grade: | F (84% Rank) |
| Beta: | 1.26 |
| R-Squared: | 72% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $74 Mil |
| Fund Total Assets: | $ 47 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 85% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 24.7 years | |||
| Average Tenure: 24.7 years | |||
| Managers (Year): Oberweis James (2001) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 56 |
| % in Top 10 Holdings: | 33.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 40.5% |
Portfolio Allocation |
|
| Domestic Stock: | 57.5% |
| Foreign Stock: | 40.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.7% |
| Cash: | 2.7% |
Purchase Information
| Fund Family: | Oberweis |
| Phone Number: | 800-323-6166 |
| Website: | www.oberweisfunds.com |
| Status: | Open |
| Inception Date: | January 7, 1987 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.44% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.26% |
| Share Class: | Oberweis Global Opportunities Investor |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
