Objective
Seeks long-term capital appreciation.
Overview
A mid-cap fund that seeks deeply discounted companies with temporary or cyclical issues in which the upside potential is overlooked.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 04/30/2001
Share Class Inception: 5/28/10.
Class R4-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 4/30/01.
Characteristics
# of Holdings | 84 |
---|---|
% in Equities | 100 |
% in Foreign Equities | 2 |
Beta (3 year) | 0.99 |
R Squared (3 year) | 0.97 |
Standard Deviation | 19.88% |
Turnover | 84% |
Active Share | 89% |
FUND | Russell Midcap Value Index | |
---|---|---|
Price/Earnings | 14.6x | 16.1x |
Price/Book | 2.4x | 2.8x |
EPS Growth Rate | 9.8% | 10.7% |
Asset Weighted Market Cap (billions) | $21.1 | $27.7 |
Return on Equity | 13.8% | 15.9% |
Median Market Cap (billions) | $14.2 | $11.9 |
Centene Corp. | 1.86 |
Camden Property Trust | 1.86 |
Nasdaq, Inc. | 1.81 |
Dover Corp. | 1.77 |
U.S. Foods Holding Corp. | 1.75 |
Stifel Financial Corp. | 1.69 |
PPL Corp. | 1.69 |
Reliance, Inc. | 1.68 |
WEC Energy Group, Inc. | 1.68 |
Fortune Brands Innovations, Inc. | 1.62 |
Total Portfolio % | 17.41 |
Less than $2 billion | 2 | |
$2 billion - $5 billion | 11 | |
$5 billion - $10 billion | 22 | |
Greater than $10 billion | 65 | |
Not Classified | 0 |
Alpha (5 Year)
|
0.53 |
Down Capture (5 Year)
|
95.74 |
Information Ratio (5 Year)
|
0.12 |
Sharpe Ratio (5 Year)
|
0.49 |
Up Capture (5 Year)
|
97.95 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
9/30/24 | 11/30/24 | 11/30/24 | -3 0 3 | ||||
Financials | 20 | 21 | 18 | ||||
Health Care | 8 | 11 | 8 | ||||
Utilities | 7 | 9 | 7 | ||||
Industrials | 18 | 18 | 17 | ||||
Communication Services | 3 | 4 | 3 | ||||
Consumer Discretionary | 10 | 9 | 9 | ||||
Energy | 6 | 6 | 6 | ||||
Real Estate | 9 | 9 | 10 | ||||
Materials | 7 | 5 | 7 | ||||
Information Technology | 8 | 6 | 9 | ||||
Consumer Staples | 3 | 3 | 6 |
Fund Literature