Virtus NFJ Mid Cap Value Fund Institutional Class (PRNIX)
Virtus NFJ Mid Cap Value Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Greenfield, MA, US. The stock last traded at $34.44, up 0.15% on the session, giving a market capitalisation of $578.2M. Its beta of 0.92 implies it has historically moved less than the broad market.
The fund aims to generate substantial long-term capital growth and a consistent income stream. To achieve these objectives, it typically commits a minimum of 80% of its total assets (including any capital acquired through borrowing for investment purposes) to equity instruments, such as common stocks, issued by companies with a medium market capitalization. A considerable portion of its holdings consists of securities that the managers anticipate will produce income, most notably through dividend payments. The investment team follows a value-oriented strategy, focusing on businesses whose shares they believe are attractively valued and possess strong fundamental characteristics.
Virtus NFJ Mid Cap Value Fund Institutional Class is most often compared with the following Financial Services names: