CRM Funds / Mid Cap Value Fund
MID CAP VALUE FUND
The CRM Mid Cap Value began in January 1998. Currently this Fund is generally closed to new investors.
For more information click here.
| $4.2 billion |
Jay Abramson & Chip Rewey |
| Ticker |
Inception |
Cusip |
Net Expense Ratio2 |
Gross Expense Ratio |
Current Assets |
Minimum Investment |
| CRIMX |
1/6/1998 |
92934R769 |
0.81%
|
0.81%
|
$2.6 billion |
$1,000,000 |
| CRMMX |
9/20/2000 |
92934R777 |
1.02%
|
1.02%
|
$1.6 billion |
$2,500 |
The Mid Cap Value Fund, under normal circumstances, invests at least 80% of its assets in a diversified portfolio of equity and equity related securities of companies with market capitalizations at the time of initial purchase similar to those in the Russell Midcap Value Index (“mid cap companies”) that are publicly traded on a U.S. securities market.
The market capitalization range of the Russell Midcap Value Index changes constantly, and as a result, the capitalization of mid cap companies in which the Mid Cap Value Fund will invest will also change. As of September 30, 2006, the market capitalization range of the Russell Midcap Value Index was from approximately $2 billion to $17 billion.
Supported by an experienced team of investment professionals, the portfolio managers make judgments about the relative attractiveness of various securities in selecting stocks for the Mid Cap Value Mutual Fund. This Fund typically will be invested in 55 to 65 stocks. Although the Fund is built from the bottom up, stock-specific risks, sector weightings and risk/reward characteristics are all taken into account in the portfolio construction process.
Top Ten Equity Holdings (as of 12/31/07)
| Questar Corporation |
4.5% |
| C. R. Bard Inc |
4.5% |
| Trane Inc |
3.6% |
| Goodrich Corp |
3.1% |
| NCR Corporation |
3.0% |
| Invesco Ltd. |
2.7% |
| Bank of New York Mellon Corp |
2.7% |
| PPL Corporation |
2.6% |
| Teradata Corporation |
2.6% |
| Peoples United Financial Inc |
2.6% |
| TOTAL |
31.9% |
Most Recent Fund Distribution - 2007
As a shareholder of a Fund, you are entitled to dividends and other distributions arising from net investment income and net realized gains, if any, earned on the investments held by the Funds. Dividends and distributions, if any, are declared and paid annually to you. Each Fund expects to distribute any net realized gains once a year.
Distributions are payable to the shareholders of record at the time the distributions are declared (including holders of shares being redeemed, but excluding holders of shares being purchased). All distributions are reinvested in additional Fund shares unless you have elected to receive the distributions in cash.
- Date of Record: 12/14/2007
- Ex-Date: 12/17/2007
- Payment Date: 12/18/2007
| Name |
Short Term |
Long Term |
Ordinary Income |
Total |
| CRM Mid Cap Value Fund |
| Institutional Class |
$1.54879 |
$1.48198 |
$0.23768 |
$3.26845 |
| Investor Class |
$1.54879 |
$1.48198 |
$0.17253 |
$3.20330 |
View historical distribution information.
Performance (as of 03/31/08)
Annual Returns
| Year |
Mid Cap Value |
Russell MidcapV |
Russell Midcap |
| 2007 |
10.43 |
-1.42 |
5.60 |
| 2006 |
16.95 |
20.22 |
15.26 |
| 2005 |
7.96 |
12.65 |
12.65 |
| 2004 |
24.98 |
23.71 |
20.22 |
| 2003 |
41.92 |
38.07 |
40.06 |
| 2002 |
-16.67 |
-9.64 |
-16.19 |
| 2001 |
19.43 |
2.33 |
-5.62 |
| 2000 |
55.53 |
19.18 |
- |
Annual Returns
| Year |
Mid Cap Value |
Russell MidcapV |
Russell Midcap |
| 2007 |
10.21 |
-1.42 |
5.60 |
| 2006 |
16.95 |
20.22 |
15.26 |
| 2005 |
7.72 |
12.65 |
12.65 |
| 2004 |
24.66 |
23.71 |
20.22 |
| 2003 |
41.60 |
38.07 |
40.06 |
| 2002 |
-16.89 |
-9.64 |
-16.19 |
| 2001 |
19.05 |
2.33 |
-5.62 |
| 2000 |
55.28 |
19.18 |
- |
Annualized Returns
| Year |
Mid Cap Value |
Russell MidcapV |
Russell Midcap |
|
Q1'08
|
-8.51
|
-8.64
|
-9.98
|
|
YTD |
-8.51
|
-8.64
|
-9.98
|
|
1 Yr |
-4.14
|
-14.12
|
-8.92
|
|
3 Yr |
8.64
|
6.57
|
7.36
|
|
5 Yr |
18.31
|
16.77
|
16.31
|
|
ICD |
14.28
|
9.11
|
8.72
|
|
Q1'08
|

 |
|
YTD |


 |
|
1 Yr |


 |
|
3 Yr |


 |
|
5 Yr |


 |
|
ICD |


 |
|
|
|
-

Mid Cap Value
-

Russell
MidcapV
-

Russell
Midcap
Annualized Returns
| Year |
Mid Cap Value |
Russell MidcapV |
Russell Midcap |
|
Q1'08
|
-8.58
|
-8.64
|
-9.98
|
|
YTD |
-8.58
|
-8.64
|
-9.98
|
|
1 Yr |
-4.35
|
-14.12
|
-8.92
|
|
3 Yr |
8.40
|
6.57
|
7.36
|
|
5 Yr |
18.02
|
16.77
|
16.31
|
|
ICD |
13.32
|
10.81
|
6.49
|
|
Q1'08
|

 |
|
YTD |


 |
|
1 Yr |


 |
|
3 Yr |


 |
|
5 Yr |


 |
|
ICD |


 |
|
|
|
-

Mid Cap Value
-

Russell
MidcapV
-

Russell
Midcap