Nuance Concentrated Value Fund Investor Class (NCAVX)
| Fund Assets | 42.72M |
| Expense Ratio | 1.29% |
| Min. Investment | $2,500 |
| Turnover | 105.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.21% |
| Dividend Growth | -70.35% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 13.65 |
| YTD Return | 9.38% |
| 1-Year Return | 12.48% |
| 5-Year Return | 23.79% |
| 52-Week Low | 11.93 |
| 52-Week High | 13.96 |
| Beta (5Y) | 0.71 |
| Holdings | 32 |
| Inception Date | Jul 31, 2012 |
About NCAVX
Nuance Concentrated Value Fund Investor Class is a U.S.-focused mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of companies organized in the United States. The fund employs an all-cap strategy, typically maintaining a concentrated portfolio of 15 to 35 companies across various market capitalizations. It is managed with a disciplined, value-oriented approach, targeting businesses the investment team deems high quality yet temporarily out of favor in the market. Selection is driven by rigorous quantitative screening and fundamental analysis to identify companies with strong financials, leading and sustainable market positions, and stocks trading at a discount to their intrinsic value. While the majority of assets are allocated to U.S. equities, up to 25% of the portfolio may be invested in developed-market foreign companies. The fund’s non-diversified structure allows for a higher allocation to select issuers, which can enhance potential returns but may increase risk. This fund plays a significant role for investors seeking a concentrated value strategy with the flexibility to invest across both U.S. and select developed international markets.
Performance
NCAVX had a total return of 12.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NCVLX | Institutional Class Shares | 1.04% |
Top 10 Holdings
70.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Qiagen N.V. | QGEN | 10.09% |
| The Clorox Company | CLX | 10.07% |
| Beiersdorf Aktiengesellschaft | BDRFY | 9.92% |
| California Water Service Group | CWT | 7.97% |
| Marten Transport, Ltd. | MRTN | 6.39% |
| Kimberly-Clark Corporation | KMB | 5.35% |
| Masimo Corporation | MASI | 5.33% |
| Solventum Corporation | SOLV | 5.15% |
| Henkel AG & Co. KGaA | HENKY | 5.13% |
| Kenvue Inc. | KVUE | 5.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.14794 | Dec 17, 2025 |
| Sep 29, 2025 | $0.03058 | Sep 29, 2025 |
| Jun 27, 2025 | $0.00903 | Jun 27, 2025 |
| Mar 28, 2025 | $0.07052 | Mar 28, 2025 |
| Dec 18, 2024 | $0.69643 | Dec 18, 2024 |
| Sep 27, 2024 | $0.02166 | Sep 27, 2024 |