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MIDZX Deutsche Mid Cap Value C

  • Fund
  • MIDZX
  • Price as of: Sep 19, 2017
  • $17.63
  • + $0.01
  • + 0.06%
  • Category
  • Mid Cap Value Equities

MIDZX - Profile

Vitals

  • YTD Return 4.9%
  • 3 Yr Annualized Return 4.8%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $313 M
  • Holdings in Top 10 28.5%

52 WEEK LOW AND HIGH

$17.63
$16.17
$17.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.00%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 62.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$500

Investment Themes

CATEGORY

Mid Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 12.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.08%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Deutsche Mid Cap Value Fund
  • Fund Family Name Deutsche Asset Management
  • Inception Date Aug 01, 2005
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Richard Hanlon

Fund Description

The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in common stocks of mid-cap companies that portfolio management believes are undervalued, but have favorable prospects for appreciation. It defines mid-cap companies as companies that have a market capitalization similar to the companies included in the Russell Midcap (Reg. TM) Value Index. The fund may also invest in the equity securities of real estate investment trusts (REITs).

MIDZX - Performance

Return Ranking - Trailing

Period MIDZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -21.1% 20.9% 55.58% 3
1 Yr 7.0% -33.1% 33.5% 86.73% 5
3 Yr 4.8% * -10.2% 10.5% 64.56% 4
5 Yr 12.4% * -4.5% 20.9% 57.61% 3
10 Yr 5.8% * -1.8% 10.6% 76.62% 4

* Annualized


Return Ranking - Calendar

Period MIDZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.7% -22.1% 28.0% 81.91% 5
2015 -6.0% -30.9% 5.2% 14.10% 1
2014 4.0% -18.7% 36.2% 33.33% 2
2013 37.6% -39.7% 66.3% 9.30% 1
2012 15.7% -8.2% 41.2% 40.84% 3

Total Return Ranking - Trailing

Period MIDZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -21.1% 19.8% 55.88% 3
1 Yr 6.0% -28.1% 97.8% 79.38% 4
3 Yr 4.8% * -11.3% 10.5% 56.71% 3
5 Yr 12.4% * -5.6% 22.4% 51.90% 3
10 Yr 5.8% * -1.8% 10.6% 73.54% 4

* Annualized


Total Return Ranking - Calendar

Period MIDZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.0% -22.1% 28.0% 83.86% 5
2015 1.1% -26.7% 9.6% 6.67% 1
2014 9.2% -12.4% 25.7% 63.87% 4
2013 45.4% 0.0% 165.8% 59.59% 3
2012 20.2% -6.0% 258.2% 76.88% 4

NAV & Total Return History

MIDZX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

MIDZX Category Low Category High MIDZX % Rank Quintile
Net Assets 313 M 313 K 37.9 B 19.58% 4
Number of Holdings 51 22 2545 19.81% 5
Net Assets in Top 10 92.7 M 105 K 9.38 B 17.92% 4
Weighting of Top 10 28.5% 6.4% 73.7% 9.20% 2

Top 10 Holdings

  1. Celanese Corp 2.78%
  2. Keysight Technologies Inc 3.00%
  3. KeyCorp 2.77%
  4. Gaming and Leisure Properties Inc 2.83%
  5. The Hartford Financial Services Group Inc 2.93%
  6. Reinsurance Group of America Inc 3.10%
  7. Harris Corp 2.89%
  8. WEC Energy Group Inc 2.80%
  9. Lazard Ltd Shs A 2.73%
  10. Visteon Corp 2.71%

Asset Allocation

Weighting Category Low Category High MIDZX % Rank Quintile
Stocks
95.38% 38.22% 100.35% 21.46% 4
Cash
3.47% -0.35% 35.23% 11.79% 2
Other
1.15% -5.25% 7.57% 4.48% 1
Preferred Stocks
0.00% 0.00% 29.58% 3.77% 3
Convertible Bonds
0.00% 0.00% 0.91% 1.89% 3
Bonds
0.00% -0.05% 26.58% 4.25% 3

Stock Sector Breakdown

Weighting Category Low Category High MIDZX % Rank Quintile
Financial Services
21.55% 0.00% 37.79% 13.44% 3
Industrials
15.21% 0.00% 39.85% 8.96% 2
Consumer Cyclical
11.59% 0.00% 32.75% 19.81% 3
Real Estate
9.97% 0.00% 48.37% 9.43% 2
Technology
9.77% 0.00% 31.75% 16.51% 3
Utilities
8.11% 0.00% 12.86% 8.25% 2
Energy
6.31% 0.00% 37.42% 17.22% 4
Basic Materials
5.98% 0.00% 19.70% 13.21% 3
Healthcare
4.13% 0.00% 20.86% 27.59% 5
Consumer Defense
2.75% 0.00% 17.16% 23.11% 4
Communication Services
0.00% 0.00% 5.96% 16.75% 4

Stock Geographic Breakdown

Weighting Category Low Category High MIDZX % Rank Quintile
US
92.79% 31.81% 100.05% 19.58% 4
Non US
2.59% 0.00% 39.59% 16.75% 3

MIDZX - Expenses

Operational Fees

MIDZX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.00% 0.07% 19.64% 11.56% 5
Management Fee 0.74% 0.05% 1.26% 4.48% 3
12b-1 Fee 0.99% 0.00% 1.00% 0.69% 4
Administrative Fee 0.10% 0.01% 0.40% 8.30% 2

Sales Fees

MIDZX Fees (% of AUM) Category Low Category High MIDZX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 4.94% 2

Trading Fees

MIDZX Fees (% of AUM) Category Low Category High MIDZX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MIDZX Fees (% of AUM) Category Low Category High MIDZX Rank Quintile
Turnover 62.00% 6.63% 628.00% 10.38% 4

MIDZX - Distributions

Dividend Yield Analysis

MIDZX Category Low Category High MIDZX % Rank Quintile
Dividend Yield N/A 0.00% 1.57% N/A N/A

Dividend Distribution Analysis

MIDZX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MIDZX Category Low Category High MIDZX % Rank Quintile
Net Income Ratio 0.08% -4.56% 7.52% 36.79% 5

Capital Gain Distribution Analysis

MIDZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

MIDZX - Managers

Richard Hanlon

Manager

Start Date

Jul 07, 2015

Tenure

2.15

Tenure Rank

15.3%

Joined Deutsche Asset & Wealth Management in 2013 with 23 years of industry experience. Previously, he founded Glenville Capital Management, where he served as Managing Partner. Prior to that, he worked as a Partner and Co-Head of the Equity Group at Silvercrest Asset Management Group. Before joining Silvercrest, he was Director of Research and a portfolio manager at DLJ Asset Management in November 2000. He had been with Donaldson, Lufkin & Jenrette since 1993.


Mary Schafer Mahrer

Manager

Start Date

Mar 14, 2016

Tenure

1.47

Tenure Rank

16.5%

Mary Schafer, Director and Portfolio Manager, joined Deutsche Asset Management in 2013. Prior to joining, she was a Co-Founder and Principal of Lockwell Investments. Previously, she worked as an Executive Director at Morgan Stanley Investment Management and as an Analyst at Lehman Brothers, Neuberger Berman and Deutsche Bank Securities. she holds a BA in Molecular, Cellular and Developmental Biology at University of Colorado and a MBA in Finance and Accounting at Columbia Business School.


Tenure Analysis

Category Low

0.0

Category High

29.0

Category Average

7.11

Category Mode

2.7