Name
As of 12/27/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.0%
1 yr return
10.1%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
6.8%
Net Assets
$6.31 M
Holdings in Top 10
45.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.21%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/27/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VGEAX - Profile
Distributions
- YTD Total Return 10.0%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.11%
- Dividend Yield 0.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus Vontobel Greater European Opportunities Fund
-
Fund Family NameVirtus Funds
-
Inception DateApr 22, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Kranson
Fund Description
This fund seeks to offer investors exposure to European market economies through well-established companies. The securities selected for inclusion in the fund are believed by the subadviser to be well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects and, in most cases, generate free cash flow. Over full market cycles, the investment style is designed with the objective of capturing part of the up market cycles and may offer protection in down market cycles.
Under normal circumstances, at least 80% of the fund’s assets are invested in equity securities or equity-linked instruments of issuers located in Europe, including issuers in emerging markets countries. Equity-linked securities are hybrid debt securities whose return is connected to an underlying equity, usually a stock. The fund intends to diversify its investments among countries and normally to have represented in the portfolio business activities of a number of different countries. In determining the “location” of an issuer, the subadviser primarily relies on the country where the issuer is incorporated. However, the country of risk is ultimately determined based on analysis of the following criteria: actual building address (domicile), primary exchange on which the security is traded and country in which the greatest percentage of company revenue is generated. This evaluation is conducted so as to determine that the issuer’s assets are exposed to the economic fortunes and risks of the designated country.
VGEAX - Performance
Return Ranking - Trailing
Period | VGEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | 3.2% | 27.8% | 97.87% |
1 Yr | 10.1% | 3.2% | 28.5% | 97.87% |
3 Yr | -1.1%* | -7.5% | 11.6% | 82.61% |
5 Yr | 6.8%* | 1.5% | 15.2% | 82.22% |
10 Yr | 3.4%* | 1.3% | 8.0% | 68.52% |
* Annualized
Return Ranking - Calendar
Period | VGEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -24.1% | -45.1% | -3.8% | 63.83% |
2022 | 10.7% | -8.7% | 23.4% | 73.12% |
2021 | 9.5% | -19.4% | 44.5% | 39.13% |
2020 | 10.7% | 7.4% | 44.8% | 91.21% |
2019 | -39.6% | -39.7% | -11.4% | 97.65% |
Total Return Ranking - Trailing
Period | VGEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | 3.2% | 27.8% | 97.87% |
1 Yr | 10.1% | 3.2% | 28.5% | 97.87% |
3 Yr | -1.1%* | -7.5% | 11.6% | 82.61% |
5 Yr | 6.8%* | 1.5% | 15.2% | 82.22% |
10 Yr | 3.4%* | 1.3% | 8.0% | 68.52% |
* Annualized
Total Return Ranking - Calendar
Period | VGEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -24.1% | -45.1% | -0.6% | 80.85% |
2022 | 15.3% | -1.2% | 24.7% | 69.89% |
2021 | 14.6% | -19.4% | 55.6% | 34.78% |
2020 | 24.9% | 13.5% | 46.4% | 40.66% |
2019 | -16.5% | -28.4% | -8.5% | 44.71% |
NAV & Total Return History
VGEAX - Holdings
Concentration Analysis
VGEAX | Category Low | Category High | VGEAX % Rank | |
---|---|---|---|---|
Net Assets | 6.31 M | 1.5 M | 23 B | 94.79% |
Number of Holdings | 34 | 10 | 1820 | 91.58% |
Net Assets in Top 10 | 2.85 M | 1.93 M | 4.82 B | 90.53% |
Weighting of Top 10 | 45.20% | 7.7% | 102.1% | 11.58% |
Top 10 Holdings
- RELX PLC 5.68%
- Nestle SA 5.26%
- London Stock Exchange Group PLC 5.16%
- Alcon Inc 5.04%
- Wolters Kluwer NV 4.80%
- Rentokil Initial PLC 4.79%
- Vinci SA 4.39%
- Edenred SE 3.42%
- EssilorLuxottica SA 3.40%
- Infrastrutture Wireless Italiane SpA 3.27%
Asset Allocation
Weighting | Return Low | Return High | VGEAX % Rank | |
---|---|---|---|---|
Stocks | 97.15% | 0.00% | 108.46% | 61.05% |
Cash | 2.85% | 0.17% | 26.39% | 40.00% |
Preferred Stocks | 0.00% | 0.00% | 4.42% | 55.79% |
Other | 0.00% | -12.19% | 2.66% | 36.84% |
Convertible Bonds | 0.00% | 0.00% | 0.81% | 25.26% |
Bonds | 0.00% | 0.00% | 90.00% | 21.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VGEAX % Rank | |
---|---|---|---|---|
Industrials | 22.63% | 2.47% | 34.57% | 31.18% |
Consumer Defense | 17.49% | 0.00% | 23.04% | 3.23% |
Healthcare | 15.51% | 0.00% | 28.53% | 34.41% |
Consumer Cyclical | 11.58% | 0.00% | 37.84% | 34.41% |
Technology | 10.70% | 0.00% | 27.53% | 34.41% |
Financial Services | 8.25% | 0.00% | 36.14% | 82.80% |
Basic Materials | 8.15% | 0.00% | 19.84% | 36.56% |
Communication Services | 4.09% | 0.00% | 11.10% | 81.72% |
Utilities | 1.60% | 0.00% | 15.55% | 61.29% |
Real Estate | 0.00% | 0.00% | 12.81% | 82.80% |
Energy | 0.00% | 0.00% | 73.53% | 83.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VGEAX % Rank | |
---|---|---|---|---|
Non US | 92.17% | 0.00% | 106.03% | 78.95% |
US | 4.97% | 0.00% | 98.10% | 18.95% |
VGEAX - Expenses
Operational Fees
VGEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.21% | 0.07% | 4.77% | 8.42% |
Management Fee | 0.85% | 0.05% | 1.19% | 63.54% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.21% |
Administrative Fee | 0.10% | 0.01% | 0.25% | 75.00% |
Sales Fees
VGEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 36.36% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
VGEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
VGEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 1.68% | 184.00% | 30.68% |
VGEAX - Distributions
Dividend Yield Analysis
VGEAX | Category Low | Category High | VGEAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.18% | 0.00% | 7.22% | 41.67% |
Dividend Distribution Analysis
VGEAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
VGEAX | Category Low | Category High | VGEAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.11% | -1.72% | 4.23% | 85.26% |
Capital Gain Distribution Analysis
VGEAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2016 | $0.240 | OrdinaryDividend |
Dec 22, 2015 | $0.097 | OrdinaryDividend |
Dec 21, 2011 | $0.145 | OrdinaryDividend |
Dec 22, 2010 | $0.290 | OrdinaryDividend |
Dec 22, 2009 | $0.147 | OrdinaryDividend |
VGEAX - Fund Manager Analysis
Managers
Daniel Kranson
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Mr. Daniel (Donny) Kranson, Executive Director, Portfolio Manager, Senior Research Analyst Mr. Kranson joined Vontobel Asset Management, Inc., in July 2007 as a senior research analyst covering stocks globally. Although he is responsible for analyzing various sectors, he is largely focused on Consumer Staples, a core sector for all of Vontobel’s Quality Growth strategies. In 2013, Mr. Kranson was promoted to deputy portfolio manager of the Vontobel European Equity Strategy, and in 2016, Mr. Kranson became lead portfolio manager for the strategy while also becoming deputy portfolio manager of the firm’s International Equity Strategy. In addition to his portfolio management duties, Mr. Kranson continues to conduct research analysis on individual stocks which may be included in the firm’s other strategies. This is consistent with the investment team structure at Vontobel. Mr. Kranson began his investment career in 1999 on the sell side, at Sanford C. Bernstein & Co. where he analyzed companies based in the U.S. and Europe in the technology space and later in the healthcare industry. In 2006, he switched to the buy side, working at Scout Capital Management, where he evaluated both Health Care and Consumer companies in both developed and emerging markets. Mr. Kranson received a B.S. in operations research from Columbia University. Daniel Kranson is a CFA® charterholder.
Markus Hansen
Start Date
Tenure
Tenure Rank
Aug 07, 2020
1.81
1.8%
Markus Hansen has been a Portfolio Manager for the Quality Growth Boutique since June 2020. He joined Vontobel Asset Management in April 2016 as a Senior Research Analyst assisting the Chief Investment Officer and portfolio managers in stock research and selection. Starting in 2020, he expanded his role to Portfolio Manager for the firm’s European Equity strategy. In addition to his portfolio management responsibilities, he continues to conduct research analysis on individual stocks which may be included in the firm’s other strategies, primarily focusing on the Consumer Staples, Consumer Discretionary, and Communication Services sectors. Prior to joining Vontobel Asset Management, Markus Hansen served as a Co-Portfolio Manager and Senior Research Analyskrot from 2010 to 2016 at SLS Management, LLC responsible for European and U.S. stock research. From 2007-2010, he was a Senior Research Analyst at McKinley Capital Management in New York covering mid-large cap global equity companies as well as emerging market stocks. From 2006-2007 he worked at Brahman Capital Corporation in New York covering international and U.S. equity securities. From 1996-2006 he was the Managing Director of Hedge Fund Sales at Société Générale USA in New York. He began his financial career in 1994 covering European companies at Hoare-Govett (ABN AMRO) in London. Markus Hansen received his Bachelor of Arts in Economics from Heriot-Watt University in Edinburgh.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 24.59 | 7.08 | 0.64 |