Sp Midcap is trading at 29.16 as of the 14th of November 2024; that is 0.55 percent down since the beginning of the trading day. The fund's open price was 29.32. Sp Midcap has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Sp Midcap Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 14th of November 2024. Click here to learn more.
The SP MidCap 400 Index includes the common stocks of 400 medium-sized U.S. companies from a broad range of industries. The fund is passively managed. It invests primarily in the stocks that make up the SP MidCap 400 Index so that the weighting of each stock in the portfolio approximates the index. More on Sp Midcap Index
Sp Midcap Index [SPMIX] is traded in USA and was established 14th of November 2024. Sp Midcap is listed under Shelton Capital Management category by Fama And French industry classification. The fund is listed under Mid-Cap Blend category and is part of Shelton Capital Management family. The entity is thematically classified as Market Neutral Funds. This fund at this time has accumulated 109.99 M in assets with no minimum investment requirementsSp Midcap Index is currently producing year-to-date (YTD) return of 19.28% with the current yeild of 0.01%, while the total return for the last 3 years was 5.46%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPMIX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPMIX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Sp Midcap Index Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in SPMIX Mutual Fund
Sp Midcap financial ratios help investors to determine whether SPMIX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPMIX with respect to the benefits of owning Sp Midcap security.
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