Investment objective & strategy
As of April 17, 2025 · prospectusObjective. The NVIT Victory Mid Cap Value Fund seeks long-term capital appreciation.
Strategy. Under normal conditions, the Fund invests at least 80% of its net assets in equity securities issued by mid-cap companies. The Fund employs a value style of investing, which means investing in equity securities that the Funds subadviser believes to be trading at prices that do not reflect a companys intrinsic value. Companies issuing such securities may be currently out of favor, undervalued due to market declines, or experiencing poor operating conditions that the subadviser believes to be temporary. The Fund may invest in stocks of mid-cap companies that are located outside the United States. It may invest in any economic sector and, at times, emphasize one or more particular sectors. The subadviser invests in companies that it believes to … Under normal conditions, the Fund invests at least 80% of its net assets in equity securities issued by mid-cap companies. The Fund employs a value style of investing, which means investing in equity securities that the Funds subadviser believes to be trading at prices that do not reflect a companys intrinsic value. Companies issuing such securities may be currently out of favor, undervalued due to market declines, or experiencing poor operating conditions that the subadviser believes to be temporary. The Fund may invest in stocks of mid-cap companies that are located outside the United States. It may invest in any economic sector and, at times, emphasize one or more particular sectors. The subadviser invests in companies that it believes to be of high quality based on criteria such as market share position, profitability, balance sheet strength, competitive advantages, management competence and the ability to generate excess cash flow. The subadviser uses a bottom-up investment process in conducting fundamental analysis to identify companies that have sustainable returns trading below the subadvisers assessment of intrinsic value and prospects for an inflection in business fundamentals that will enable the stock price to be revalued higher. The subadviser may sell a security if it believes the stock has reached its fair value estimate, if a more attractive opportunity is identified, or if the fundamentals of the company deteriorate.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| LABCORP HOLDINGS INC | — | $11.29M | 2.52% |
| SOLD ZAR/BOUGHT USD | — | $11.00M | 2.46% |
| US FOODS HOLDING CORP | — | $10.95M | 2.45% |
| ALLIANT ENERGY CORPORATION | — | $10.30M | 2.30% |
| VERTIV HOLDINGS CO | — | $10.00M | 2.24% |
| PACKAGING CORP OF AMERICA | — | $8.71M | 1.95% |
| CSX CORP | — | $8.58M | 1.92% |
| CMS ENERGY CORP | — | $8.29M | 1.85% |
| DEVON ENERGY CORP | — | $8.10M | 1.81% |
| RPM INTL INC | — | $8.02M | 1.79% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| CTIVP - Victory Sycamore Established Value Fund | 94% | 0.82% |
| Victory Sycamore Established Value Fund · VETAX, GETGX, VEVIX, VEVYX, VEVRX, VEVCX | 91% | 0.54% |
| Victory Sycamore Mid Cap Value Portfolio | 84% | 0.60% |
Advisers
| Firm | Role |
|---|---|
| Victory Capital Management Inc. | Sub-adviser |
| Nationwide Fund Advisors | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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