Virtus NFJ Mid Cap Value Fund Institutional Class
PRNIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 101 Munson Steet Greenfield MA United States of America 01301
- IPO Date
- Dec 30, 1997
- CIK
- 0000867297
- Website
- virtus.com
- Similar Companies
- Business
- Virtus NFJ Mid-Cap Value Fund Institutional Class (PRNIX) is an open-end mutual fund that seeks long-term capital growth and income by investing at least 80% of its net assets in common stocks and other equity securities of mid-capitalization companies, focusing on those at the intersection of value, quality, and shareholder yield; the fund employs a disciplined process utilizing big data analytics for valuation insights combined with bottom-up fundamental research to identify companies with competitive positions, consistent financials, low market expectations, and strong capital return prospects across diversified industries including financials, industrials, real estate, health care, and materials. The Institutional Class shares (PRNIX) feature a low expense ratio and target institutional investors, alongside other share classes such as Class A (PQNAX) with front-end loads; NFJ Investment Group, LLC serves as the investment adviser, with a portfolio management team including Managing Directors J. Garth Reilly, John R. Mowrey (Chief Investment Officer), Paul A. Magnuson, and Jeff N. Reed, plus Director Kris P. Marca who joined as portfolio manager in 2023. Launched on February 1, 1991, the fund is managed under Virtus Investment Partners, Inc., with NFJ headquartered in Dallas, Texas, and operates primarily in U.S. equity markets targeting mid-cap value segments. As of December 15, 2025, total net assets stand at approximately $551 million, with key portfolio characteristics including an average weighted market cap of $18.63 billion and top holdings such as Alexandria Real Estate Equities Inc (2.25%), Stanley Black & Decker Inc (2.23%), and Rexford Industrial Realty Inc (2.22%) as of September 30, 2025. A recent operational change includes the announcement that effective January 21, 2026, Class C shares will no longer be available for purchase by new or existing shareholders, as detailed in the latest prospectus supplement.