Nuance Mid Cap Value Fund Investor Class (NMAVX)
| Fund Assets | 510.11M |
| Expense Ratio | 1.19% |
| Min. Investment | $2,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 7.67% |
| Dividend Growth | 362.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 12.20 |
| YTD Return | -1.30% |
| 1-Year Return | -0.72% |
| 5-Year Return | 31.07% |
| 52-Week Low | 10.62 |
| 52-Week High | 13.76 |
| Beta (5Y) | n/a |
| Holdings | 56 |
| Inception Date | Dec 31, 2013 |
About NMAVX
Nuance Mid Cap Value Fund Investor Class is an open-end mutual fund focused on achieving long-term capital appreciation by investing primarily in mid-cap U.S. equities. The fund typically maintains a diversified portfolio of 50 to 90 companies, targeting businesses the investment team considers high quality but temporarily out of favor. While its core allocation emphasizes U.S. stocks, the strategy permits up to 15% of assets in developed international markets, offering selective global exposure. The fund benchmarks its performance against the Russell Midcap Value Index, reflecting its focus on companies with moderate market capitalizations and value characteristics—such as lower price-to-book ratios and slower forecasted growth rates. Sector allocations span healthcare, consumer defensive, financial services, and industrials, among others. Notably, a significant portion of assets is often concentrated in the top holdings, underlining the fund’s conviction-driven approach. Managed by a team with expertise in value investing, the fund plays a meaningful role for investors seeking participation in the mid-cap segment of the equity market, where opportunities for value and growth can intersect.
Performance
NMAVX had a total return of -0.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
Top 10 Holdings
50.88% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 8.74% |
| The Estée Lauder Companies Inc. | EL | 7.08% |
| Henkel AG & Co. KGaA | HENKY | 5.94% |
| Qiagen N.V. | QGEN | 5.64% |
| California Water Service Group | CWT | 4.53% |
| Hologic, Inc. | HOLX | 3.98% |
| Marten Transport, Ltd. | MRTN | 3.97% |
| Globe Life Inc. | GL | 3.90% |
| Werner Enterprises, Inc. | WERN | 3.58% |
| Northern Trust Corporation | NTRS | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.02084 | Jun 27, 2025 |
| Mar 28, 2025 | $0.21145 | Mar 28, 2025 |
| Dec 18, 2024 | $0.72177 | Dec 18, 2024 |
| Sep 27, 2024 | $0.04178 | Sep 27, 2024 |
| Jun 27, 2024 | $0.13199 | Jun 27, 2024 |
| Mar 28, 2024 | $0.03478 | Mar 28, 2024 |