Fund Description
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.
Fund Snapshot Updated 05.16.2013
| Previous Close | $43.29 | Expense Ratio | 0.35% |
| YTD Return | 17.4% | Avg. 30-Day Volume | 10,048 |
| 1-Year Return | 36.5% | Market Cap | Loading... |
| Bid | $43.28 | Shares Outstanding | 1,350,000 |
| Ask | $43.32 | Dividends | $0.53 |
| Top 10 Holdings | |
|---|---|
| Community Health Sys Inc Newco (CYH) | 2.45% |
| Hanover Ins Group Inc (THG) | 2.37% |
| Jetblue Airways Corp (JBLU) | 2.31% |
| Ingram Micro Inc (IM) | 2.26% |
| Urs Corp New (URS) | 2.20% |
| Reinsurance Group Amer Inc (RGA) | 2.04% |
| Manpowergroup Inc (MAN) | 1.91% |
| Tech Data Corp (TECD) | 1.88% |
| Mantech Intl Corp (MANT) | 1.86% |
| Protective Life Corp (PL) | 1.85% |
| % of Total Holdings | 21.10% |
