Large Cap Value Equity
| A | C | I | |
|---|---|---|---|
| CUSIP | 76628R664 | 76628R656 | 76628R672 |
| Ticker | SVIIX | SVIFX | STVTX |
| Share Class Inception | 2/17/1993 | 6/1/1995 | 10/31/1989 |
| Exp Ratio | 1.14 | 1.84 | 0.84 |
| NAV | 11.40 | 11.24 | 11.45 |
| POP | 12.10 | 11.24 | 11.45 |
| NAV Change |  0.06 | 0.06 | 0.06 |
Performance inception and share class inception for this fund differs as performance inception includes the performance of other classes of the Fund and/or predecessors of the Fund.
Subadvisor
Complementary Fund
Morningstar Ratings as of 12/31/09
I Shares received a 4-star rating for overall performance, 4 stars for 3-year performance among 1,104 funds, 4 stars for 5-year performance among 912 funds and 4 stars for 10-year performance among 459 funds.
Peer Group Categories
Morningstar: Large Value
Lipper: Equity Income Funds
Fund Resources
- Fact Sheet (PDF | 423 KB)
- Commentary (PDF | 303 KB)
- Strategy Highlight (PDF | 141 KB)
- Prospectus (PDF | 920 KB)
- Annual Report (PDF | 3 MB)
- Semi-annual Report (PDF | 705 KB)
- SAI (PDF | 822 KB)
- Large Cap Value Kit
Large Cap Value Equity Strategy
The strategy seeks to provide long-term capital appreciation and income by investing primarily in U.S. companies with market capitalizations greater than $3 billion, and which managers believe are undervalued in the market place at the time of purchase.
What are the principles that have enabled the strategy to be successful?
Dividend orientation — dividends are a good indicator of management's confidence in the earnings potential of the company. Dividends also provide an important source of total return and lower volatility. Ceredex only invests in companies that pay a dividend.
Valuation approach — analyze valuation relative to peers, the industry, the market, and the company's own historical valuation. Key in on those companies that are in the bottom third of their own historical valuation and have attractive value relative to peers, the industry, and the market.
Positive catalysts — look for catalysts that have the potential to drive meaningful price appreciation over a 12- to 24-month time frame. Positive catalysts could include management changes, restructuring, or new product introductions.
Click here for disclosures and more information on investment risks.
