Name
As of 03/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$637 M
Holdings in Top 10
44.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.14%
SALES FEES
Front Load N/A
Deferred Load 1.00%
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 03/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JVICX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus Vontobel Foreign Opportunities Fund
-
Fund Family NameVirtus Funds
-
Inception DateNov 12, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Benkendorf
Fund Description
This fund seeks to provide investors with access to high-quality international companies. The securities selected for inclusion in the fund are those that in the opinion of the subadviser are 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 outside the United States, including issuers in emerging markets countries. 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.
JVICX - Performance
Return Ranking - Trailing
Period | JVICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -7.8% | 17.2% | 10.22% |
1 Yr | N/A | -7.5% | 24.2% | 36.16% |
3 Yr | N/A* | -22.4% | 8.3% | 21.45% |
5 Yr | N/A* | -3.7% | 12.4% | 75.52% |
10 Yr | N/A* | -1.1% | 9.2% | 66.52% |
* Annualized
Return Ranking - Calendar
Period | JVICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -0.4% | 28.6% | 87.44% |
2022 | -22.0% | -49.5% | -13.3% | 19.65% |
2021 | -11.5% | -22.2% | 19.3% | 94.01% |
2020 | 6.3% | -4.9% | 85.0% | 93.17% |
2019 | 18.0% | -4.0% | 45.1% | 93.67% |
Total Return Ranking - Trailing
Period | JVICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -7.8% | 17.2% | 10.22% |
1 Yr | N/A | -7.5% | 24.2% | 36.16% |
3 Yr | N/A* | -22.4% | 8.3% | 21.45% |
5 Yr | N/A* | -3.7% | 12.4% | 75.52% |
10 Yr | N/A* | -1.1% | 9.2% | 66.52% |
* Annualized
Total Return Ranking - Calendar
Period | JVICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.7% | 1.8% | 28.6% | 84.67% |
2022 | -22.0% | -44.4% | -11.0% | 26.70% |
2021 | 11.3% | -20.6% | 20.5% | 25.26% |
2020 | 6.3% | -4.9% | 97.1% | 98.91% |
2019 | 26.6% | 0.5% | 45.3% | 74.40% |
NAV & Total Return History
JVICX - Holdings
Concentration Analysis
JVICX | Category Low | Category High | JVICX % Rank | |
---|---|---|---|---|
Net Assets | 637 M | 191 K | 137 B | 62.69% |
Number of Holdings | 36 | 4 | 1730 | 86.07% |
Net Assets in Top 10 | 278 M | 67.7 K | 34.8 B | 54.73% |
Weighting of Top 10 | 44.59% | 11.2% | 100.2% | 15.42% |
Top 10 Holdings
- Constellation Software Inc/Canada 5.54%
- RELX PLC 5.50%
- Mastercard Inc 5.10%
- London Stock Exchange Group PLC 4.65%
- Air Liquide SA 4.52%
- Experian PLC 4.09%
- Wolters Kluwer NV 4.05%
- L'Oreal SA 4.02%
- SAP SE 3.61%
- Amadeus IT Group SA 3.50%
Asset Allocation
Weighting | Return Low | Return High | JVICX % Rank | |
---|---|---|---|---|
Stocks | 98.02% | 85.39% | 101.65% | 40.05% |
Cash | 1.98% | 0.00% | 10.35% | 53.98% |
Preferred Stocks | 0.00% | 0.00% | 4.57% | 52.99% |
Other | 0.00% | -1.92% | 4.14% | 47.51% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 31.92% |
Bonds | 0.00% | 0.00% | 0.07% | 31.84% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JVICX % Rank | |
---|---|---|---|---|
Industrials | 25.88% | 0.68% | 31.28% | 2.99% |
Technology | 17.51% | 1.51% | 38.21% | 50.12% |
Healthcare | 16.33% | 1.36% | 29.58% | 36.41% |
Consumer Defense | 12.97% | 0.00% | 25.77% | 21.95% |
Consumer Cyclical | 8.59% | 0.00% | 46.28% | 70.82% |
Financial Services | 8.19% | 0.00% | 38.62% | 83.29% |
Basic Materials | 5.48% | 0.00% | 23.15% | 69.33% |
Communication Services | 5.04% | 0.00% | 41.13% | 43.39% |
Utilities | 0.00% | 0.00% | 9.05% | 63.34% |
Real Estate | 0.00% | 0.00% | 6.64% | 63.84% |
Energy | 0.00% | 0.00% | 24.97% | 78.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JVICX % Rank | |
---|---|---|---|---|
Non US | 83.41% | 0.00% | 101.44% | 55.97% |
US | 14.61% | 0.00% | 100.16% | 39.80% |
JVICX - Expenses
Operational Fees
JVICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.14% | 0.01% | 13.07% | 9.75% |
Management Fee | 0.85% | 0.00% | 1.50% | 78.36% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 83.42% |
Administrative Fee | 0.10% | 0.03% | 0.80% | 56.78% |
Sales Fees
JVICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 35.71% |
Trading Fees
JVICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 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.
JVICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 7.00% | 149.00% | 76.21% |
JVICX - Distributions
Dividend Yield Analysis
JVICX | Category Low | Category High | JVICX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 13.06% | 11.22% |
Dividend Distribution Analysis
JVICX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
JVICX | Category Low | Category High | JVICX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.17% | -1.69% | 3.16% | 98.24% |
Capital Gain Distribution Analysis
JVICX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.760 | OrdinaryDividend |
Dec 22, 2021 | $6.944 | OrdinaryDividend |
Dec 21, 2016 | $0.113 | OrdinaryDividend |
Dec 22, 2015 | $0.122 | OrdinaryDividend |
Dec 22, 2014 | $0.058 | OrdinaryDividend |
Jun 20, 2013 | $0.004 | OrdinaryDividend |
Dec 20, 2012 | $0.100 | OrdinaryDividend |
Dec 21, 2011 | $0.103 | OrdinaryDividend |
Dec 30, 2010 | $0.187 | OrdinaryDividend |
Dec 22, 2009 | $0.132 | OrdinaryDividend |
JVICX - Fund Manager Analysis
Managers
Matthew Benkendorf
Start Date
Tenure
Tenure Rank
Mar 08, 2016
6.23
6.2%
Mr. Benkendorf ,Managing Director,Chief Investment Officer,Portfolio Manager, Senior Research Analyst - Mr. Benkendorf joined Vontobel Asset Management, Inc. in October 1999 in trade support. After being promoted to trader in 2000, Mr. Benkendorf became a research analyst in 2002 and moved into portfolio management in 2006 as deputy portfolio manager of Vontobel’s European Equity Strategy.Mr. Benkendorf has held various positions with Vontobel, including Deputy Portfolio Manager from 2013 to 2016, Executive Director from 2012 to 2013;Director from 2009 to 2012;Vice President from 2007 to 2009.
Daniel Kranson
Start Date
Tenure
Tenure Rank
Jun 01, 2016
6.0
6.0%
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.
David Souccar
Start Date
Tenure
Tenure Rank
Jun 01, 2016
6.0
6.0%
Edwin Walczak has been a Portfolio Manager and Senior Research Analyst for Vontobel’s Quality Growth Boutique since July 1988. He has held a management position on the firm’s U.S. Equity strategy since its inception. 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 companies in the Industrials, Financials, Consumer Discretionary, and Consumer Staples sectors.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.65 | 20.01 |