Notable companies
The most notable companies in this group are MARATHON PETROLEUM Corp (NYSE:MPC), Valero Energy Corp (NYSE:VLO), CME Group (NASDAQ:CME), NetApp (NASDAQ:NTAP).
Industry description
The investment seeks capital appreciation, and secondarily, current income.
Under normal market conditions, the fund invests at least 80% of its net assets plus any borrowings for investment purposes in stocks, primarily common stocks, of mid‑cap issuers. These issuers will have public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. The equity capitalization range of public companies in the index was $451 Million to $54.5 Billion as of September 30, 2023.
Market Cap
The average market capitalization across the Commerce MidCap Value MF is 43.12B. The market cap for tickers in the group ranges from 18.76B to 119.32B. MPC holds the highest valuation in this group at 119.32B. The lowest valued company is SSNC at 18.76B.
Volume
The average weekly volume growth across all stocks in the Commerce MidCap Value MF was 202%. For the same stocks of the MF, the average monthly volume growth was 165% and the average quarterly volume growth was -5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 44
Price Growth Rating: 45
SMR Rating: 48
Profit Risk Rating: 45
Seasonality Score: -13 (-100 ... +100)