Federated Clover's Mid Cap Value portfolio seeks long term capital appreciation by investing in medium sized companies that exhibit attractive valuations combined with improving fundamental outlooks. This category is often described as the "sweet spot" in the stock market, historically offering eye-catching returns similar to those of small cap value stocks along with the lower risk commonly associated with the large cap value stocks.
Portfolio Construction
- Continuously positioned in inexpensive, mid cap stocks
- Well diversified – generally 55-70 holdings with participation in all economic sectors
- Benchmark sector limits: +/-7% of the Russell Mid Cap Value Index
Performance as of 3/31/12*:
| |
1 Year |
3 Years |
5 Years |
10 Years |
| Clover Mid Cap (Gross) |
3.04% |
24.10% |
0.86% |
6.43% |
| Clover Mid Cap (Net) |
2.02% |
23.02% |
-0.02% |
5.51% |
| Russell Mid Cap Value |
2.28% |
29.18% |
1.26% |
8.01% |
| Russell Mid Cap |
3.31% |
29.13% |
3.03% |
7.85% |
Gross performance results are presented before advisory fees, but after custodial fees and brokerage commissions. Net performance results are presented after deducting a management fee in accordance with the firm's fee schedule set forth in Part 2 of the firm's Form ADV.
*Supplemental to the GIPS compliant presentation.
For additional disclosure, click here.
Portfolio Managers: