Nuveen Mid Cap Value Fund R6 Class (TIMVX)
| Fund Assets | 1.66B |
| Expense Ratio | 0.46% |
| Min. Investment | $2,000,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 1.25 |
| Dividend Yield | 6.79% |
| Dividend Growth | 366.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 6, 2024 |
| Previous Close | 18.34 |
| YTD Return | 4.30% |
| 1-Year Return | 11.24% |
| 5-Year Return | 97.41% |
| 52-Week Low | 14.97 |
| 52-Week High | 20.46 |
| Beta (5Y) | n/a |
| Holdings | 72 |
| Inception Date | Oct 1, 2002 |
About TIMVX
Nuveen Mid Cap Value Fund R6 is a mutual fund focused on delivering long-term total return, primarily through capital appreciation, by investing in equity securities of medium-sized U.S. companies. The fund dedicates at least 80% of its assets to mid-cap value stocks, selecting companies that management believes are undervalued based on various financial criteria, such as price-to-book and price-to-earnings ratios, free cash flow, debt-to-capital, and, to a lesser extent, dividend yield. Up to 20% of assets may be allocated to foreign securities, providing additional diversification. The fund emphasizes a disciplined, value-oriented investment approach and seeks to identify fundamentally strong businesses trading below their estimated intrinsic value. With a competitive expense ratio and a diversified set of holdings across sectors like industrials, energy, and financials, Nuveen Mid Cap Value Fund R6 serves as a core equity holding for investors seeking exposure to the mid-cap value segment within the broader U.S. equity market.
Performance
TIMVX had a total return of 11.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.12%.
Top 10 Holdings
21.18% of assets| Name | Symbol | Weight |
|---|---|---|
| L3Harris Technologies, Inc. | LHX | 2.39% |
| FirstEnergy Corp. | FE | 2.36% |
| CMS Energy Corporation | CMS | 2.29% |
| Take-Two Interactive Software, Inc. | TTWO | 2.27% |
| Fidelity National Financial, Inc. | FNF | 2.17% |
| The Allstate Corporation | ALL | 2.05% |
| Alliant Energy Corporation | LNT | 2.03% |
| American Electric Power Company, Inc. | AEP | 1.90% |
| TD SYNNEX Corporation | SNX | 1.89% |
| Raymond James Financial, Inc. | RJF | 1.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $1.25216 | Dec 9, 2024 |
| Dec 8, 2023 | $0.26847 | Dec 8, 2023 |
| Dec 9, 2022 | $2.3415 | Dec 9, 2022 |
| Dec 10, 2021 | $2.87618 | Dec 10, 2021 |
| Dec 11, 2020 | $0.29917 | Dec 11, 2020 |
| Dec 6, 2019 | $3.76104 | Dec 6, 2019 |