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5 Value Stocks That Still Look Like Bargains: (PQNAX)
FYI: Active managers have had a long-documented struggle beating their benchmarks — and value managers have had an especially hard time, with growth stocks having beaten value stocks for a decade.
Against that backdrop, the AllianzGI NFJ Mid-Cap Value fund (ticker: PQNAX) has stood out, turning in market-beating returns last year and trouncing its peers.
The dividend-oriented fund, which is run out of Dallas by the firm’s U.S. value equity team, returned almost 27% last year, topping its Morningstar mid-cap value category and nearly doubling the 14% gain of the Russell 1000 Value Index. It has returned an average annualized 15% over the past five years, beating 86% of its peers, as it lost less during downturns. The fund also slightly outpaced the Russell 1000 Value’s 14.6% return. It charges a 5.5% front-end load and annual expenses of 0.99%. Regards, Ted http://www.cetusnews.com/business/5-Value-Stocks-That-Still-Look-Like-Bargains.H1HHqC_I7IrM.html
