Nuveen Mid Cap Value 1 Fund Class R6 (FMVQX)
| Fund Assets | 385.00M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 3.11 |
| Dividend Yield | 5.44% |
| Dividend Growth | 70.68% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 56.79 |
| YTD Return | 4.14% |
| 1-Year Return | 9.68% |
| 5-Year Return | 126.31% |
| 52-Week Low | 46.33 |
| 52-Week High | 62.78 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Jun 20, 2018 |
About FMVQX
The Nuveen Mid Cap Value 1 Fund is a diversified mid-cap value mutual fund that focuses on investing in quality companies trading at a discount to their intrinsic value. Its primary purpose is to provide long-term capital appreciation through investments in mid-cap companies, which are typically those with market capitalization within the range of the Russell MidCap Index. The fund targets sectors such as industrials, utilities, financial services, and real estate, emphasizing companies with low valuations and potential catalysts for growth. It is designed to offer a cost-effective investment option with a competitive expense ratio, making it attractive in the mid-cap value category. By investing in undervalued mid-cap companies, the fund plays a significant role in the financial market by providing access to growth opportunities in the middle tier of the U.S. equity market.
Performance
FMVQX had a total return of 9.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.03%.
Top 10 Holdings
20.43% of assets| Name | Symbol | Weight |
|---|---|---|
| L3Harris Technologies, Inc. | LHX | 2.35% |
| Arch Capital Group Ltd. | ACGL | 2.18% |
| Digital Realty Trust, Inc. | DLR | 2.10% |
| Alliant Energy Corporation | LNT | 2.06% |
| Crane Company | CR | 2.00% |
| Raymond James Financial, Inc. | RJF | 1.99% |
| Carrier Global Corporation | CARR | 1.97% |
| Fifth Third Bancorp | FITB | 1.94% |
| American Electric Power Company, Inc. | AEP | 1.93% |
| TD SYNNEX Corporation | SNX | 1.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.7515 | Dec 31, 2024 |
| Dec 16, 2024 | $2.3538 | Dec 17, 2024 |
| Dec 28, 2023 | $0.7043 | Dec 29, 2023 |
| Dec 15, 2023 | $1.1151 | Dec 18, 2023 |
| Dec 29, 2022 | $1.945 | Dec 30, 2022 |
| Dec 15, 2022 | $1.2243 | Dec 16, 2022 |