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QV

Jensen Quality Value Fund

Performance

The table below shows the Fund’s total return since its inception compared with that for the Russell 2500 Index and Russell Midcap Index.

Russell 2500 Index: The Russell 2500 is a market cap weighted index that includes the smallest 2,500 companies covered in the Russell 3000 universe of United States-based listed equities.

Russell Midcap Index: The Russell Midcap Index is a market capitalization-weighted index comprised of 800 publicly traded U.S. companies with market caps of between $2 and $10 billion. The 800 companies in the Russell Midcap Index are the 800 smallest of the 1,000 companies that comprise Russell 1000 Index.

 

average annual total returns as of March 31, 2020

YTD 1 Year 3 Years 5 Years 10 Years Since Inception 3/31/10
Class J -23.33% -15.96% -0.21% 1.18% 6.66% 6.66%
Class I -23.25% -15.74% 0.02% 1.39% 6.85% 6.85%
Class Y -23.18% -15.68% 0.05% 1.40% 6.86% 6.86%
Russell 2500 -29.72% -22.47% -3.10% 0.49% 7.73% 7.73%
Russell Midcap -27.07% -18.31% -0.81% 1.85% 8.77% 8.77%

average annual total returns as of March 31, 2020

Quarter 1 Year 3 Years 5 Years 10 Years Since Inception 3/31/10
Class J -23.33% -15.96% -0.21% 1.18% 6.66% 6.66%
Class I -23.25% -15.74% 0.02% 1.39% 6.85% 6.85%
Class Y -23.18% -15.68% 0.05% 1.40% 6.86% 6.86%
Russell 2500 -29.72% -22.47% -3.10% 0.49% 7.73% 7.73%
Russell Midcap -27.07% -18.31% -0.81% 1.85% 8.77% 8.77%

average annual total returns as of December 31, 2019

2012 2013 2014 2015 2016 2017 2018 2019
Class J 7.66% 43.96% 9.54% -9.38% 15.80% 15.08% -8.92% 26.33%
Class I 7.69% 44.32% 9.64% -9.25% 16.01% 15.28% -8.74% 26.69%
Russell 2500 17.88% 36.80% 7.07% -2.90% 17.59% 16.81% -10.00% 27.77%

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and the value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. All returns include the reinvestment of dividends and capital gains.

The performance of Class Y shares for periods prior to January 15, 2020 (the date first offered) represents the performance of Class I Shares. Class I shares were first offered March 31, 2010. Because the performance for each share class is calculated on the fees and expenses of that class, performance of other Fund share classes will differ.