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Large Cap Value Fund
PLIVX
Share Class
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I
A
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View a Mutual Fund
Equity
Balanced Allocation
International Equity
Large Cap Core Equity
Large Cap Growth
Large Cap Value
Mid Cap Value
Multi-Factor Small Cap Core
Multi-Factor Small Cap Growth
Multi-Factor Small Cap Value
S&P 500 Index
Small Cap Core
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Intermediate Bond
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Total Return Advantage
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Intermediate Tax Exempt Bond
Maryland Tax Exempt Bond
Michigan Intermediate Municipal Bond
Ohio Intermediate Tax Exempt Bond
Pennsylvania Intermediate Municipal Bond
Tax Exempt Limited Maturity Bond
Money Market
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Money Market
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Pennsylvania Tax Exempt Money Market
Tax Exempt Money Market
Treasury Money Market
Advantage Institutional Government Money Market
Advantage Institutional Money Market
Advantage Institutional Treasury Money Market
Overview
Portfolio
Strategy / Process
Performance
Team
Fees
investment strategy / process
The PNC Large Cap Value Fund seeks capital appreciation by investing in common stocks of publicly traded U.S. companies with market caps matching the benchmark^. Investment is in stocks possessing what the Fund's managers perceive to be the optimal combination of attractive valuation and improving dynamics with the belief that these offer the highest probability of future out performance. Focusing on the most highly ranked stocks, the Fund’s multi-dimensional fundamental analysis seeks to identify stocks trading at a minimum 25% discount to intrinsic value as defined by the most appropriate of the following: tangible net worth per share, discounted cash flow per share or strategic private market value per share. To assess the present value of future positive change, the Fund’s managers seek to identify stocks that possess material positive change agents that increase the probability of future out performance.
^The market cap range of the benchmark frequently changes. As a result, the capitalization of companies in which the Fund invests may also change.
*Sector weightings and top ten holdings are subject to change, for illustrative purposes only and are not a permanent reflection of the fund.
Asset Allocation (%)
EQUITY
96.01
CASH EQUIVALENTS & OTHER
3.97
Asset Allocation weightings may not total 100%
Sector Weightings (%)*
Financials
23.27
Energy
13.62
Industrials
12.50
Healthcare
10.51
Consumer Staples
8.22
Consumer Discretionary
8.07
Information Technology
7.82
Utilities
5.63
Telecommunications
4.74
Cash & Cash Equivalents
3.75
Materials
1.87
Monthly Morningstar
Ratings
Portfolio Management
D. Andrew Shipman, CFA
Portfolio Manager, Large Cap Value
Edward A. Johnson, CFA
Portfolio Manager, Large Cap Value
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Proxy Voting - PNC Funds Prior to 2.8.10
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