Spoof Access

×
QVSCX

Mid Cap Value Fund

Overview

The Strategy typically invests in mid-sized value stocks.

Inception Date
January 3, 1989
Investment Style
Mid Cap Value
Fund Index
Russell Midcap® Value Index
CUSIP
68380E700
NAV
  • A
(as of 06/22/2018)
$56.83
Total Assets
(as of 05/31/2018)
$1.29 BN
Gross Expense Ratio
(as of 05/31/2018)
1.16%
Net Expense Ratio
(as of 05/31/2018)
1.16%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 05/31/2018
  • B
as of 03/31/2018
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 2018-03-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Mid Cap Value Fund (NAV)
-2.93% 6.07% 6.15% 10.50% 6.46% 9.90%
Russell Midcap® Value Index
-2.50% 6.50% 7.48% 10.01% 9.41% -
Cumulative
Annualized
ytd as of 2018-03-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Mid Cap Value Fund (with sales charge)
-8.51% -0.03% 4.07% 9.20% 5.83% 9.67%
Russell Midcap® Value Index
-2.50% 6.50% 7.48% 10.01% 9.41% -
Cumulative
Annualized
ytd as of 2018-05-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Mid Cap Value Fund (NAV)
-1.53% 8.43% 6.40% 9.91% 5.64% 9.89%
Russell Midcap® Value Index
-0.96% 8.32% 8.13% 9.80% 8.65% -
Cumulative
Annualized
ytd as of 2018-05-31
  • C
1 yr 3 yr 5 yr 10 yr since inception
Mid Cap Value Fund (with sales charge)
-7.19% 2.19% 4.32% 8.61% 5.02% 9.67%
Russell Midcap® Value Index
-0.96% 8.32% 8.13% 9.80% 8.65% -
Gross Expense Ratio: 1.16% | Net Expense Ratio: 1.16%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Year Mid Cap Value Fund Russell Midcap® Value Index
1990 -12.99% -
1991 47.58% -
1992 20.96% 24.90%
1993 18.21% 19.30%
1994 -0.29% -1.31%
1995 12.42% 29.76%
1996 19.29% 22.21%
1997 24.32% 33.09%
1998 -10.08% -1.92%
1999 -1.40% 1.49%
2000 16.44% 20.79%
2001 12.20% 9.74%
2002 -10.52% -9.87%
2003 46.06% 44.93%
2004 28.30% 21.58%
2005 11.73% 7.74%
2006 17.98% 20.18%
2007 9.13% -7.27%
2008 -49.93% -31.99%
2009 44.61% 27.68%
2010 20.54% 24.82%
2011 -7.52% -3.36%
2012 9.48% 19.21%
2013 37.76% 33.32%
2014 10.57% 7.11%
2015 -7.02% -3.55%
2016 20.28% 20.00%
2017 13.29% 13.34%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.


Date Mid Cap Value Fund Russell Midcap® Value Index (Linked Index) S&P 500
5/31/2008 0.00 0.00 0.00
6/30/2008 -9.35 -9.34 -8.43
7/31/2008 -13.22 -7.74 -9.20
8/31/2008 -10.61 -4.01 -7.89
9/30/2008 -24.99 -10.44 -16.09
10/31/2008 -44.13 -28.94 -30.19
11/30/2008 -50.76 -36.37 -35.20
12/31/2008 -48.37 -32.71 -34.51
1/31/2009 -49.75 -40.56 -40.03
2/28/2009 -54.38 -48.21 -46.41
3/31/2009 -49.91 -43.69 -41.72
4/30/2009 -42.27 -34.71 -36.14
5/31/2009 -39.72 -33.08 -32.57
6/30/2009 -38.34 -33.13 -32.43
7/31/2009 -33.76 -26.31 -27.32
8/31/2009 -30.95 -21.92 -24.70
9/30/2009 -27.98 -17.90 -21.89
10/31/2009 -31.60 -22.86 -23.34
11/30/2009 -28.79 -19.53 -18.74
12/31/2009 -25.34 -14.08 -17.17
1/31/2010 -27.72 -16.38 -20.15
2/28/2010 -25.00 -12.31 -17.68
3/31/2010 -20.48 -5.86 -12.71
4/30/2010 -18.20 -0.40 -11.33
5/31/2010 -25.08 -8.37 -18.41
6/30/2010 -29.72 -15.43 -22.69
7/31/2010 -24.58 -9.21 -17.27
8/31/2010 -28.40 -14.25 -21.00
9/30/2010 -20.70 -5.80 -13.95
10/31/2010 -17.30 -2.12 -10.68
11/30/2010 -16.32 -0.43 -10.67
12/31/2010 -10.00 7.24 -4.70
1/31/2011 -8.43 8.88 -2.44
2/28/2011 -5.70 13.61 0.90
3/31/2011 -4.44 15.47 0.94
4/30/2011 -0.76 18.16 3.93
5/31/2011 -1.35 16.78 2.76
6/30/2011 -3.87 13.78 1.04
7/31/2011 -7.30 9.53 -1.01
8/31/2011 -15.28 0.56 -6.39
9/30/2011 -24.83 -10.23 -12.97
10/31/2011 -15.59 2.27 -3.46
11/30/2011 -15.98 2.04 -3.67
12/31/2011 -16.77 3.64 -2.68
1/31/2012 -13.34 9.53 1.68
2/29/2012 -10.42 12.70 6.07
3/31/2012 -9.49 15.58 9.56
4/30/2012 -11.29 14.87 8.88
5/31/2012 -18.23 7.77 2.33
6/30/2012 -17.44 12.08 6.55
7/31/2012 -17.75 11.60 8.03
8/31/2012 -15.28 15.37 10.46
9/30/2012 -13.12 18.63 13.32
10/31/2012 -11.99 18.18 11.22
11/30/2012 -10.59 19.79 11.87
12/31/2012 -8.88 23.55 12.89
1/31/2013 -2.86 31.97 18.74
2/28/2013 -0.24 34.02 20.35
3/31/2013 3.61 40.05 24.86
4/30/2013 3.52 40.43 27.27
5/31/2013 7.97 43.67 30.24
6/30/2013 7.38 42.21 28.50
7/31/2013 14.66 50.35 35.03
8/31/2013 10.38 44.04 31.12
9/30/2013 15.53 51.35 35.23
10/31/2013 19.83 57.58 41.45
11/30/2013 21.97 60.87 45.76
12/31/2013 25.54 64.72 49.45
1/31/2014 22.00 60.33 44.28
2/28/2014 27.52 68.23 50.88
3/31/2014 29.76 70.53 52.15
4/30/2014 28.14 68.56 53.28
5/31/2014 30.47 70.31 56.88
6/30/2014 34.81 77.68 60.12
7/31/2014 30.18 69.13 57.91
8/31/2014 35.35 76.61 64.23
9/30/2014 28.77 66.31 61.92
10/31/2014 32.90 73.70 65.88
11/30/2014 36.17 73.91 70.34
12/31/2014 38.80 76.43 69.91
1/31/2015 34.10 71.96 64.81
2/28/2015 43.16 79.91 74.28
3/31/2015 42.74 81.75 71.52
4/30/2015 41.75 79.15 73.17
5/31/2015 43.74 81.35 75.40
6/30/2015 41.17 79.45 72.00
7/31/2015 39.34 79.20 75.61
8/31/2015 31.63 70.73 65.01
9/30/2015 25.28 65.03 60.93
10/31/2015 32.73 75.10 74.50
11/30/2015 35.02 75.61 75.02
12/31/2015 29.06 70.17 72.26
1/31/2016 19.48 60.77 63.71
2/29/2016 20.28 61.90 63.49
3/31/2016 31.89 76.84 74.58
4/30/2016 34.03 80.64 75.26
5/31/2016 37.27 83.60 78.41
6/30/2016 36.13 85.27 78.87
7/31/2016 41.69 93.12 85.46
8/31/2016 45.14 92.71 85.72
9/30/2016 45.90 93.51 85.76
10/31/2016 41.53 88.82 82.37
11/30/2016 51.78 100.64 89.12
12/31/2016 55.23 104.20 92.86
1/31/2017 58.22 107.64 96.52
2/28/2017 63.08 113.44 104.32
3/31/2017 60.93 111.88 104.56
4/30/2017 60.90 112.28 106.66
5/31/2017 59.70 111.63 109.57
6/30/2017 60.61 114.78 110.88
7/31/2017 63.46 117.62 115.22
8/31/2017 61.36 113.56 115.87
9/30/2017 66.81 119.38 120.33
10/31/2017 70.13 121.15 125.47
11/30/2017 74.08 128.63 132.38
12/31/2017 75.85 131.45 134.97
1/31/2018 80.33 136.77 148.42
2/28/2018 70.46 125.10 139.26
3/31/2018 70.71 125.66 133.18
4/30/2018 71.38 126.78 134.08
5/31/2018 73.16 129.24 139.72

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.

$ per share as of 06/22/2018

Date 2013 2014 2015 2016 2017
Short Term
Long Term 3.4605
Total Amount of Distribution 3.4605
Record Date 12/5/17
Ex Div Date 12/6/17
Pay Date 12/6/17

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(37.7% of assets as of 05/31/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
United States 94.2% 99.7% -5.5%
Netherlands 1.6% - -
United Kingdom 1.0% 0.2% 0.7%
Israel 0.5% - -
Developed Markets Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
Americas 94.2% 99.7% -5.5%
Europe 2.6% 0.2% 2.3%
Middle East 0.5% - -
Equity Sector Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
Financials 23.4% 20.6% 2.7%
Industrials 11.3% 11.6% -0.2%
Consumer Discretionary 10.7% 11.4% -0.7%
Energy 9.5% 9.4% 0.1%
Information Technology 9.2% 6.6% 2.6%
Health Care 8.8% 6.3% 2.5%
Real Estate 8.6% 14.0% -5.4%
Utilities 7.3% 10.3% -3.0%
Materials 6.2% 5.6% 0.6%
Consumer Staples 2.3% 3.6% -1.4%
Industry Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
Banks 11.0% 7.5% 3.5%
Equity Real Estate Investment Trusts (REITs) 8.6% 13.4% -4.8%
Oil Gas & Consumable Fuels 7.6% 7.9% -0.3%
Electric Utilities 5.4% 4.0% 1.4%
Insurance 5.3% 6.6% -1.3%
Machinery 5.0% 3.8% 1.2%
Capital Markets 4.8% 3.0% 1.8%
Pharmaceuticals 3.8% 0.8% 2.9%
Semiconductors & Semiconductor Equipment 3.4% 0.8% 2.6%
Specialty Retail 2.5% 2.2% 0.3%
Containers & Packaging 2.4% 1.1% 1.3%
Media 2.3% 1.9% 0.4%
Health Care Providers & Services 2.2% 2.8% -0.6%
Software 2.1% 1.1% 1.0%
Chemicals 2.1% 1.9% 0.2%
Electronic Equipment Instruments & Components 2.1% 0.9% 1.2%
Health Care Equipment & Supplies 1.9% 1.5% 0.4%
Diversified Financial Services 1.8% 0.4% 1.4%
Energy Equipment & Services 1.8% 1.5% 0.4%
Metals & Mining 1.7% 2.5% -0.7%
Asset Allocation Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
Equity 97.2% 100.0% -2.8%
Market Cap Mid Cap Value Fund Russell Midcap® Value Index Overweight / Underweight
Mid 66.3% 58.2% 8.1%
Large 27.6% 38.6% -11.0%
Small 3.3% 3.2% 0.0%
Analytics
(As of 05/31/2018)

Morningstar 05/31/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
365
Category
Mid-Cap Value
Performance Statistics
3Y
5Y
Alpha
-2.34
-0.15
Beta
1.12
1.04
Information Ratio
-0.54
0.03
R-Squared
94.14
92.49
Sharpe Ratio
0.52
0.83
Standard Deviation
12.17
11.82
Upside Capture
103.67
104.26
Downside Capture
122.89
106.85
Sortino Ratio
0.23
0.40
Win Ratio
39.00
45.00
Loss Ratio
61.00
55.00
Tracking Error
3.20
3.26
Dividends
  • D
Est. Frequency
Quarterly
Last Pay Date
6/19/2018
Per Share ($)
$0.0671
12-Month Distribution ($)
$0.1532
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$12.90 B
$14.00 B
Median Market Cap (weighted)
$10.80 B
$12.60 B
P/E Ratio (LTM)
20.50
19.95
P/E Ratio (NTM)
15.42
15.62
Price/Book
2.29
1.93
Debt to Capital Ratio
43.55
44.09
Turnover Ratio
63%
-
Active Share
86.15%
-
Distribution Sources
  • D
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. Special Risks: Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Value investing involves the risk that undervalued securities may not appreciate as anticipated. Small and mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized or mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. Access index definitions.
  4. 4. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
  6. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  7. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.
  8. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  9. D. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )