About PZVMX
Pzena Mid Cap Value Fund Investor Class is a mutual fund focused on delivering long-term capital appreciation by investing primarily in U.S. mid-cap companies. Adhering to a value-oriented strategy, the fund targets stocks that the management team believes are trading at a significant discount to their intrinsic value, often due to temporary business challenges or market misperceptions. The portfolio is constructed through fundamental, bottom-up research, emphasizing rigorous company analysis and disciplined valuation techniques. At least 80% of assets are allocated to mid-cap equities, spanning diverse sectors such as healthcare, industrials, consumer defensive, and basic materials, as reflected in its top holdings. The fund is recognized for its deep value approach within the mid-cap value category and maintains an actively managed, concentrated portfolio, with a substantial portion of assets typically invested in its top holdings. While designed for investors seeking exposure to undervalued mid-cap stocks, the fund is also noted for its relatively high expense ratio compared to peers, which is a consideration for cost-conscious investors. Its role in the market is to offer access to disciplined value investing in the mid-cap segment, aiming for capital growth over the long term.
Fund Family Pzena
Category Mid-Cap Value
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PZVMX
Share Class Investor Class
Index Russell MidCap Value TR
PZVMX had a total return of 6.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.21%.
