Nuance Concentrated Value Fund Institutional Class
NCVLX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 615 E. Michigan St. Milwaukee WI United States of America 53202
- IPO Date
- Jun 2, 2011
- CIK
- 0001511699
- Website
- nuanceinvestments.com
- Similar Companies
- Business
- Nuance Concentrated Value Fund Institutional Class (NCVLX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of high-quality U.S. companies temporarily out of favor; it employs a non-diversified, concentrated strategy typically holding 15 to 35 stocks across various market capitalizations, classified as an all-cap value approach with a primary benchmark of the Russell 3000 Value Index. The fund offers Institutional Class shares (ticker: NCVLX, CUSIP: 56166Y206, inception: May 31, 2011) and Investor Class shares (ticker: NCAVX, inception: July 31, 2012), managed by Nuance Investments, LLC, with a portfolio team comprising Scott Moore, CFA (lead since inception), Jack Meurer, CFA (since July 2022), and D. Adam West, CFA (since July 2024); it may allocate up to 25% of assets to equities of foreign companies in developed markets per MSCI classification, and for defensive purposes, holds cash, cash equivalents, or high-quality short-term debt securities. Nuance Investments, a classic value investment firm founded in 2008 and headquartered at 4900 Main Street, Suite 220, Kansas City, Missouri, serves as the adviser, distributing the fund through Quasar Distributors, LLC, and applies a proprietary process involving quantitative screening, fundamental research on competitive positions and financial projections, and valuation studies emphasizing asymmetrical risk-reward profiles, with position limits including 25% per industry, stock, and international exposure. Recent portfolio management enhancements include the addition of D. Adam West, CFA, as co-manager effective July 31, 2024, building on Jack Meurer's appointment in July 2022, to support the fund's disciplined value discipline amid evolving market conditions. The fund maintains total net assets of approximately $76.94 million for the Institutional Class as of recent data, with asset allocation featuring 67.49% U.S. stocks, 18.01% non-U.S. stocks, and 14.50% cash, targeting institutional and individual investors seeking mid-cap value exposure per Morningstar categorization. Originally launched in 2017 through a partnership with Montage Investments (asset management arm of Mariner), Nuance Investments continues to focus exclusively on value strategies without noted acquisitions, funding rounds, or major strategic shifts in the last 1-2 years.