Reinhart Mid Cap PMV Fund Institutional Class (RPMNX)
| Fund Assets | 112.57M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 3.40% |
| Dividend Growth | -39.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 17.49 |
| YTD Return | -1.30% |
| 1-Year Return | 0.99% |
| 5-Year Return | 63.36% |
| 52-Week Low | 15.57 |
| 52-Week High | 19.72 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Sep 29, 2017 |
About RPMNX
Reinhart Mid Cap PMV Fund Institutional Class is an actively managed mutual fund that focuses on mid-capitalization companies within the United States equity market. Its primary objective is to identify and invest in high-quality mid-sized firms trading at significant discounts to what Reinhart’s proprietary Private Market Value (PMV) analysis calculates as their true intrinsic worth. The PMV methodology estimates what a knowledgeable buyer would pay to acquire an entire company in a private transaction, using industry-specific valuation multiples derived from real takeover activity. This fund seeks to deliver value by applying rigorous fundamental research within the mid-cap universe, a segment known for balancing the growth potential of smaller firms with the established stability of larger corporations. The benchmark for the fund is the Russell Midcap Value Index, which tracks companies with lower price-to-book ratios and moderate growth expectations. By staying at least 80% invested in mid-cap stocks, the fund aims to capture opportunities across diverse sectors while mitigating some of the risks associated with small-cap exposure. The Institutional Class caters to larger investors, offering a lower net expense ratio and higher minimum investment relative to other share classes, making it suitable for institutions and sophisticated investors seeking value-driven equity exposure in the mid-cap segment.
Performance
RPMNX had a total return of 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.92%.
Top 10 Holdings
32.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Insperity, Inc. | NSP | 4.32% |
| Paycom Software, Inc. | PAYC | 3.99% |
| First American Treasury Obligations Fund | FXFXX | 3.55% |
| SS&C Technologies Holdings, Inc. | SSNC | 3.20% |
| Affiliated Managers Group, Inc. | AMG | 3.12% |
| U-Haul Holding Company | UHAL.B | 2.92% |
| LKQ Corporation | LKQ | 2.89% |
| TransUnion | TRU | 2.88% |
| LPL Financial Holdings Inc. | LPLA | 2.77% |
| Rexford Industrial Realty, Inc. | REXR | 2.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.59396 | Dec 18, 2024 |
| Dec 15, 2023 | $0.98925 | Dec 15, 2023 |
| Dec 15, 2022 | $0.87045 | Dec 15, 2022 |
| Dec 16, 2021 | $0.21189 | Dec 16, 2021 |
| Dec 18, 2020 | $0.16259 | Dec 18, 2020 |
| Dec 20, 2019 | $0.13146 | Dec 20, 2019 |