Nuveen Mid Cap Value 1 Fund Class I (FSEIX)
| Fund Assets | 385.00M |
| Expense Ratio | 0.88% |
| Min. Investment | $100,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 3.02 |
| Dividend Yield | 5.31% |
| Dividend Growth | 73.70% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 56.57 |
| YTD Return | 4.05% |
| 1-Year Return | 9.51% |
| 5-Year Return | 104.03% |
| 52-Week Low | 46.17 |
| 52-Week High | 62.50 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Feb 4, 1994 |
About FSEIX
Nuveen Mid Cap Value 1 Fund is an actively managed mutual fund specializing in mid-cap value equities. Its primary goal is capital appreciation by investing predominantly in companies within the mid-cap segment—typically those whose market capitalizations are in line with constituents of the Russell Midcap Index. The fund targets quality firms trading below their intrinsic value, adding positions primarily when a specific catalyst is anticipated to unlock shareholder value. Portfolio construction is diversified, with allocations spanning key sectors such as industrials, financial services, real estate, and technology. Notable portfolio holdings include companies like Hubbell Inc, Jefferies Financial Group, Raymond James Financial, and Owens-Corning, among others. The fund is positioned within the mid-cap value category, appealing to institutional investors due to its relatively high minimum investment threshold. Launched in 1994, the Nuveen Mid Cap Value 1 Fund has evolved in strategy, with an upcoming focus on concentrating holdings and a pending name change to Nuveen Mid Cap Value Opportunities Fund. This fund plays a significant role for investors seeking exposure to undervalued mid-sized U.S. companies with the potential for appreciation catalyzed by identifiable market developments.
Performance
FSEIX had a total return of 9.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.64%.
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 | $0.6649 | Dec 31, 2024 |
| Dec 16, 2024 | $2.3538 | Dec 17, 2024 |
| Dec 28, 2023 | $0.6228 | Dec 29, 2023 |
| Dec 15, 2023 | $1.1151 | Dec 18, 2023 |
| Dec 29, 2022 | $1.8589 | Dec 30, 2022 |
| Dec 15, 2022 | $1.2243 | Dec 16, 2022 |