The strategy seeks to provide long-term capital appreciation and income by investing primarily in U.S. companies with market capitalizations similar to the companies in the Russell 1000® Value Index, and which the portfolio manager believes are undervalued in the marketplace at the time of purchase.
|Market Cap Range||Generally range of Russell 1000® Value Index|
|Number of Holdings||30-50*|
Maximum Sector Weightings
|No formal restrictions|
|Typical Annual Portfolio
|Cash Levels||< 5%|
*In 2020, Ceredex reduced the number of holdings from 40-60 to 30-50 companies to allow focus on the securities in which there is higher conviction, therefore, emphasizing the firm’s active management in large cap stocks.
Data subject to change.
The Russell 1000® Value Index is a market capitalization-weighted index of value-oriented stocks of the 1,000 largest companies in the Russell Universe, which comprises the 3,000 largest U.S. companies. The index is calculated on a total return basis with dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available for direct investment.
It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.
Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell® Indexes. Russell® is a trademark of Frank Russell Company.