Nuance Concentrated Value Fund Institutional Class (NCVLX)

Fund Assets	42.16M
Expense Ratio	1.04%
Min. Investment	$10,000
Turnover	114.00%
Dividend (ttm)	0.21
Dividend Yield	1.45%
Dividend Growth	30.84%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jun 29, 2026

Previous Close	14.69
YTD Return	17.76%
1-Year Return	18.80%
5-Year Return	34.43%
52-Week Low	11.93
52-Week High	14.70
Beta (5Y)	0.64
Holdings	32
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.

• Fund Family: Nuance Investments
• Category: Mid-Cap Value
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: NCVLX
• Share Class: Institutional Class Shares
• Index: Russell 3000 Value TR

Performance

NCVLX had a total return of 18.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.13%.

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

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
Jun 29, 2026	$0.01361	Jun 29, 2026
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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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