Natixis Vaughan Nelson Mid Cap ETF
VNMC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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
- United States of America
- IPO Date
- Sep 17, 2020
- Similar Companies
- Business
- Natixis Vaughan Nelson Mid Cap ETF (VNMC) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of mid-cap companies, typically with market capitalizations within the range of the Russell Midcap Index at the time of purchase; it focuses on undervalued stocks identified through a bottom-up, value-oriented investment process emphasizing high-conviction, high-active-share portfolios. The ETF employs proprietary stock selection criteria targeting temporary market inefficiencies and time arbitrage opportunities in U.S. mid-cap equities, blending styles from sub-advisers including Vaughan Nelson Investment Management. It was launched on September 16, 2020, as part of Natixis ETF Trust II and traded on NYSE Arca until its closure. Vaughan Nelson Investment Management, L.P., the affiliated sub-adviser specializing in mid-cap, all-cap, and small-cap equity strategies as well as fixed income, provides advisory services; founded in 1970 and headquartered in Houston, Texas, it manages approximately $17.8 billion in assets as a subsidiary of Natixis Investment Managers, LLC, which is ultimately part of Natixis Investment Managers based in Paris, France. In June 2024, Natixis Investment Managers announced the liquidation and closure of the VNMC ETF on the recommendation of adviser Natixis Advisors, LLC, with trading ceasing on July 25, 2024, and proceeds distributed to remaining shareholders around July 30, 2024; this marked a significant operational wind-down due to factors including low assets under management, rendering the fund inactive thereafter. No other major partnerships, acquisitions, funding rounds, or product launches were reported for the ETF in the prior 1-2 years, though Vaughan Nelson continues to offer similar strategies via mutual funds such as the Vaughan Nelson Mid Cap Fund (VNVAX/VNVCX).