# Virtus NFJ Mid Cap Value Fund Class A (PQNAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pqnax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 1991-01-31 This fund aims to achieve its financial objectives by consistently allocating a minimum of 80% of its total assets (including any capital borrowed for investment purposes) to common stocks and other ownership stakes in mid-capitalization companies. A significant portion of these investments is typically directed towards securities that the fund managers expect will yield income, often in the form of dividend payments. The portfolio management team employs a value-oriented investment strategy, concentrating on businesses whose shares they assess as having compelling valuations and robust und... ## Key Facts | Metric | Value | |---|---| | Price | $29.22 | | Expense Ratio | 1.00% | | Assets Under Management | $533.2M | | NAV | $29.22 | | Holdings Count | — | | Distribution Yield (TTM) | 5.24% | | Annual Distribution (TTM) | $1.53 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.88 – $30.70 | | Beta | 0.92 | ## Latest Distribution - Amount: $1.5305 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does PQNAX invest in? This fund aims to achieve its financial objectives by consistently allocating a minimum of 80% of its total assets (including any capital borrowed for investment purposes) to common stocks and other ownership stakes in mid-capitalization companies. A significant portion of these investments is typically directed towards securities that the fund managers expect will yield income, often in the form of dividend payments. The portfolio management team employs a value-oriented investment strategy, concentrating on businesses whose shares they assess as having compelling valuations and robust underlying financial strength. ### What is the expense ratio of PQNAX? Virtus NFJ Mid Cap Value Fund Class A (PQNAX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PQNAX? Virtus NFJ Mid Cap Value Fund Class A (PQNAX) manages $533.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PQNAX actively managed or an index fund? PQNAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was PQNAX launched? Virtus NFJ Mid Cap Value Fund Class A (PQNAX) launched in January 1991 and is managed by the fund issuer. ### How has PQNAX performed? PQNAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PQNAX pay a dividend? Virtus NFJ Mid Cap Value Fund Class A (PQNAX) currently distributes little or no income. Trailing-twelve-month yield is 5.24%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PQNAX pay dividends? Virtus NFJ Mid Cap Value Fund Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PQNAX's dividend yield? PQNAX's trailing-twelve-month yield is 5.24%, calculated from the sum of dividends over the past year divided by the current price. ### When is PQNAX's next ex-dividend date? The most recently announced ex-dividend date for PQNAX was 2025-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PQNAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PQNAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PQNAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PQNAX cost more than a fund like VOO? PQNAX's strategy (current expense ratio 1.00%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PQNAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to PQNAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PQNAX (1.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pqnax - Distribution history: https://www.dividenddata.com/funds/pqnax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pqnax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pqnax/expenses - Peer comparison: https://www.dividenddata.com/funds/pqnax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.