PGIM QMA Mid-Cap Value’s approach to deep-value investing is consistent, but its quantitative model employs typical factors, and its team’s track record is subpar overall. It warrants a Morningstar Analyst Rating of Neutral for all share classes.
Will NCBVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NCBVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NCBVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NCBVX’s parent organization’s priorities and whether they’re in line with investors’ interests.