Virtus NFJ Mid-Cap Value Fund Class C (PQNCX)
| Fund Assets | 585.80M |
| Expense Ratio | 1.75% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 1.92% |
| Dividend Growth | -79.58% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 18.34 |
| YTD Return | 4.22% |
| 1-Year Return | 3.08% |
| 5-Year Return | 50.51% |
| 52-Week Low | 15.15 |
| 52-Week High | 19.21 |
| Beta (5Y) | n/a |
| Holdings | 99 |
| Inception Date | Apr 15, 1988 |
About PQNCX
The Virtus NFJ Mid-Cap Value Fund Class C is an open-end mutual fund focused on delivering both capital growth and income by investing primarily in mid-capitalization companies. The fund employs a value-based investment strategy, selecting U.S. firms that are considered undervalued relative to their intrinsic worth while also demonstrating strong fundamentals and shareholder-friendly practices. Its portfolio is diversified across multiple industries, with significant allocations to financials, real estate, industrials, and utilities, reflecting a balanced approach within the equity market. The fund targets companies with competitive market positions and stable financial profiles, aiming to capitalize on market inefficiencies where quality businesses are overlooked or underappreciated. The Virtus NFJ Mid-Cap Value Fund Class C plays a significant role for investors seeking exposure to the mid-cap segment, offering potential for both capital appreciation and steady income, and reflects the broader market's interest in companies poised for sustainable, long-term growth within the value investing universe.
Performance
PQNCX had a total return of 3.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.22%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVSKX | Fidelity | Fidelity Value Strategies Fund - Class K | 0.72% |
| FVLKX | Fidelity | Fidelity Value Fund - Class K | 0.73% |
| FSOAX | Fidelity | Fidelity Advisor Value Strategies Fund - Class A | 1.09% |
| FVLZX | Fidelity | Fidelity Advisor Value Fund - Class Z | 0.75% |
| FCVFX | Fidelity | Fidelity Advisor Value Fund - Class C | 1.90% |
Top 10 Holdings
19.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Lakeland Financial Corporation | LKFN | 2.03% |
| First Financial Bankshares, Inc. | FFIN | 2.01% |
| Stanley Black & Decker, Inc. | SWK | 2.00% |
| Eversource Energy | ES | 1.97% |
| Rexford Industrial Realty, Inc. | REXR | 1.96% |
| Commerce Bancshares, Inc. | CBSH | 1.94% |
| Alexandria Real Estate Equities, Inc. | ARE | 1.93% |
| First Industrial Realty Trust, Inc. | FR | 1.93% |
| MarketAxess Holdings Inc. | MKTX | 1.90% |
| JD.com, Inc. | JD | 1.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.34865 | Dec 18, 2024 |
| Dec 20, 2023 | $1.70738 | Dec 20, 2023 |
| Dec 21, 2022 | $6.62309 | Dec 21, 2022 |
| Dec 16, 2021 | $4.01756 | Dec 16, 2021 |
| Dec 17, 2020 | $0.08655 | Dec 17, 2020 |