Morningstar

Nuance Mid Cap Value Fund Institutional Class NMVLX

Medalist Rating as of Aug 31, 2026 See Nuance Investments Investment Hub

Strategy

The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities issued by mid-capitalization companies. It typically invests in a portfolio of 50 to 90 companies. Although the fund will invest primarily in U.S. companies, it may invest up to 15% of its assets in non-U.S. companies that are classified as “developed” by MSCI, Inc. (“MSCI”).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NMVLX	Nuance Mid Cap Value Fund Institutional Class	Institutional	Open			Dec 31, 2013	$217.26M	0.960%	Above Average	$10,000	−$157.10M
NMVZX	Nuance Mid Cap Value Fund Z Class Shares	Institutional	Open			May 8, 2017	$34.38M	0.810%	Average	$2,500	−$48.16M
NMAVX	Nuance Mid Cap Value Fund Investor Class	Front Load	Open			Dec 31, 2013	$18.12M	1.210%	Above Average	$2,500	−$5.50M

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