A Solid Choice for Mid-Cap Exposure
Bronze-rated Dreyfus Opportunistic Midcap Value benefits investors over the long term with a proven process, deep resources, and fair fees.
Linda Abu Mushrefova: For investors seeking mid-cap exposure, Dreyfus Opportunistic Midcap Value remains a solid choice. The fund earns a Morningstar Analyst Rating of Bronze for its disciplined process and the depth of its bench.
The team seeks to identify mid-cap names, defined as those with market caps between $3 and $20 billion, trading at a discount to their forecasted intrinsic value. The fundamental analysts will model earnings, cash flows, and balance sheets three to five years out in order to arrive at an estimated intrinsic value. From there, lead manager Dave Daglio will determine position sizing based on each name's diversification characteristics as well as its relative risk profile. This results in a concentrated portfolio of about 50 names.
Linda Abu Mushrefova does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.