Nuance Concentrated Value Fund Institutional Class (NCVLX)
| Fund Assets | 58.47M |
| Expense Ratio | 1.04% |
| Min. Investment | $10,000 |
| Turnover | 105.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.14% |
| Dividend Growth | -67.30% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 13.87 |
| YTD Return | 11.23% |
| 1-Year Return | 14.97% |
| 5-Year Return | 34.91% |
| 52-Week Low | 10.36 |
| 52-Week High | 13.87 |
| Beta (5Y) | 0.69 |
| Holdings | 34 |
| Inception Date | May 31, 2011 |
About NCVLX
The Nuance Concentrated Value Fund Institutional Class is a mutual fund focused on achieving long-term capital appreciation through a concentrated, value-oriented equity strategy. The fund primarily invests in a select portfolio of 15 to 35 companies, primarily within the United States, that the management team identifies as high-quality but temporarily undervalued. Employing an all-cap approach, it can invest across the spectrum of market capitalizations and is not limited to any particular sector, though it often holds substantial positions in consumer defensive and industrial firms. The investment process emphasizes rigorous quantitative screening and fundamental analysis to seek businesses with strong financials, sustainable competitive positions, and stocks trading below the team’s assessment of intrinsic value. Up to 25% of assets may be allocated to developed international markets. As a non-diversified fund, a significant portion of assets may be concentrated in relatively few holdings, increasing its exposure to the performance of those companies. Benchmarked primarily against the Russell 3000 Value Index, this fund plays a role for investors seeking focused exposure to undervalued equities with the potential for long-term growth through disciplined, research-driven security selection.
Performance
NCVLX had a total return of 14.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.75%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NCAVX | Investor Class | 1.29% |
Top 10 Holdings
59.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Henkel AG & Co. KGaA | HENKY | 10.23% |
| The Clorox Company | CLX | 8.12% |
| California Water Service Group | CWT | 6.99% |
| First American Government Obligations Fund | FGXXX | 6.35% |
| Marten Transport, Ltd. | MRTN | 5.94% |
| Beiersdorf Aktiengesellschaft | BDRFY | 5.78% |
| Informatica Inc. | INFA | 4.65% |
| Aspen Insurance Holdings Limited | AHL | 4.10% |
| Werner Enterprises, Inc. | WERN | 3.93% |
| H2O America | HTO | 3.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.15827 | Dec 17, 2025 |
| Sep 29, 2025 | $0.04135 | Sep 29, 2025 |
| Jun 27, 2025 | $0.01835 | Jun 27, 2025 |
| Mar 28, 2025 | $0.07884 | Mar 28, 2025 |
| Dec 18, 2024 | $0.70514 | Dec 18, 2024 |
| Sep 27, 2024 | $0.03107 | Sep 27, 2024 |