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.
Fund Family Nuance Investments
Category Mid-Cap Value
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol NMAVX
Share Class Investor Class
Index Russell MidCap Value TR
NMAVX had a total return of 16.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.03%.
