POICX: Virtus Tactical Allocation C

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POICX Virtus Tactical Allocation C


Profile

POICX - Profile

Vitals

  • YTD Return 8.1%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 3.9%
  • Net Assets $633 M
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$11.42
$8.41
$11.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.99%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 51.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $100

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Virtus Tactical Allocation Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Aug 26, 1999
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Albrycht

Fund Description

The fund invests in U.S. equity, non-U.S. equity and fixed income securities using a tactical allocation approach. Generally, the following percentages apply: 25% to 60% invested in U.S. equity securities, 5% to 30% invested in non-U.S. equity securities and 35% to 60% invested in fixed income securities. The equity allocation is invested in common, preferred, and ADR securities. The fixed income allocation may be invested in all sectors of fixed income securities, including high-yield/high-risk, bank loans, mortgage-backed and asset-backed, government, corporate, and municipal debt obligations.


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Categories

Performance

POICX - Performance

Return Ranking - Trailing

Period POICX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -50.3% 171.3% 3.03%
1 Yr 13.0% -58.1% 138.7% 2.73%
3 Yr 9.0%* -21.4% 30.5% 1.72%
5 Yr 3.9%* -40.3% 12.3% 5.60%
10 Yr 4.2%* -39.6% 14.0% 35.08%

* Annualized

Return Ranking - Calendar

Period POICX Return Category Return Low Category Return High Rank in Category (%)
2019 25.7% -39.5% 46.8% 1.50%
2018 -10.9% -31.8% 19.0% 61.13%
2017 16.9% -27.1% 46.3% 1.77%
2016 -7.7% -84.5% 146.1% 99.24%
2015 -10.9% -40.7% 14.6% 87.93%

Total Return Ranking - Trailing

Period POICX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -50.3% 171.3% 3.03%
1 Yr 13.0% -58.1% 138.7% 2.73%
3 Yr 9.0%* -21.4% 30.5% 2.52%
5 Yr 3.9%* -40.3% 12.3% 27.33%
10 Yr 4.2%* -39.6% 14.9% 73.58%

* Annualized

Total Return Ranking - Calendar

Period POICX Return Category Return Low Category Return High Rank in Category (%)
2019 25.7% -39.5% 46.8% 1.50%
2018 -10.9% -27.6% 19.0% 79.62%
2017 16.9% -27.1% 46.3% 4.73%
2016 -7.7% -84.5% 146.1% 99.75%
2015 -10.9% -36.9% 14.6% 94.31%

NAV & Total Return History


Holdings

POICX - Holdings

Concentration Analysis

POICX Category Low Category High POICX % Rank
Net Assets 633 M 100 K 158 B 41.97%
Number of Holdings 576 2 13590 18.52%
Net Assets in Top 10 134 M -35.2 M 27.1 B 48.97%
Weighting of Top 10 24.63% 10.6% 100.0% 66.74%

Top 10 Holdings

  1. Amazon.com Inc 4.34%
  2. Alibaba Group Holding Ltd ADR 3.02%
  3. Facebook Inc A 2.68%
  4. United States Treasury Bonds 3% 2.66%
  5. Visa Inc Class A 2.44%
  6. Netflix Inc 2.31%
  7. NVIDIA Corp 2.06%
  8. Paycom Software Inc 1.90%
  9. Tencent Holdings Ltd ADR 1.68%
  10. Zoetis Inc Class A 1.53%

Asset Allocation

Weighting Return Low Return High POICX % Rank
Stocks
59.32% -113.74% 77.51% 22.02%
Bonds
37.49% -5.02% 80.79% 64.09%
Cash
2.93% -120.83% 149.68% 67.80%
Convertible Bonds
0.22% -0.67% 85.36% 62.14%
Preferred Stocks
0.03% 0.00% 38.51% 54.73%
Other
0.00% -10.55% 167.50% 75.82%

Stock Sector Breakdown

Weighting Return Low Return High POICX % Rank
Consumer Cyclical
23.26% 0.00% 76.72% 1.42%
Technology
22.95% 0.00% 100.00% 14.27%
Communication Services
17.42% 0.00% 26.69% 1.74%
Financial Services
11.64% 0.00% 60.94% 78.43%
Industrials
8.65% 0.00% 37.04% 57.19%
Healthcare
6.11% 0.00% 54.35% 91.39%
Consumer Defense
5.27% 0.00% 20.40% 79.63%
Basic Materials
2.44% 0.00% 24.33% 64.27%
Real Estate
2.03% 0.00% 99.96% 76.69%
Energy
0.23% 0.00% 100.00% 92.37%
Utilities
0.00% 0.00% 100.00% 93.36%

Stock Geographic Breakdown

Weighting Return Low Return High POICX % Rank
US
42.91% -112.30% 75.52% 39.71%
Non US
16.41% -2.13% 31.77% 3.29%

Bond Sector Breakdown

Weighting Return Low Return High POICX % Rank
Corporate
40.79% 0.00% 100.00% 33.13%
Securitized
35.20% 0.00% 83.64% 14.71%
Government
14.34% 0.00% 95.57% 72.12%
Cash & Equivalents
7.21% -3.87% 100.00% 66.26%
Municipal
2.43% 0.00% 99.50% 11.11%
Derivative
0.03% 0.00% 74.57% 36.21%

Bond Geographic Breakdown

Weighting Return Low Return High POICX % Rank
US
34.26% -6.37% 88.92% 63.89%
Non US
3.23% -14.78% 29.41% 48.77%

Expenses

POICX - Expenses

Operational Fees

POICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.99% 0.01% 7.41% 14.62%
Management Fee 0.55% 0.00% 2.50% 50.15%
12b-1 Fee 1.00% 0.00% 1.00% 90.33%
Administrative Fee 0.10% 0.01% 0.83% 36.56%

Sales Fees

POICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 63.89%

Trading Fees

POICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

POICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 0.00% 574.00% 52.68%

Distributions

POICX - Distributions

Dividend Yield Analysis

POICX Category Low Category High POICX % Rank
Dividend Yield 0.00% 0.00% 10.35% 55.97%

Dividend Distribution Analysis

POICX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

POICX Category Low Category High POICX % Rank
Net Income Ratio 0.59% -5.24% 6.65% 88.79%

Capital Gain Distribution Analysis

POICX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

POICX - Fund Manager Analysis

Managers

David Albrycht


Start Date

Tenure

Tenure Rank

Dec 21, 2011

8.45

8.5%

Mr. Albrycht is president and Chief Investment Officer of Newfleet. Prior to joining Newfleet in 2011, Mr. Albrycht was Executive Managing Director and Senior Portfolio Manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. Mr. Albrycht joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.

Douglas Foreman


Start Date

Tenure

Tenure Rank

Sep 07, 2016

3.73

3.7%

Doug Foreman, CFA , is CIO since 2014, playing a leadership role in Kayne’s equity investment operations. Before joining Kayne in 2011, he was director of equities at HighMark Capital Management (2009 to 2011). Prior to HighMark, Mr. Foreman was retired for two years (2007 to 2008) and was group managing director and chief investment officer of U.S. equities at Trust Company of the West (TCW)(1994 – 2006). He earned a B.S. in marine engineering from The U.S. Naval Academy and an M.B.A. with a concentration in finance from Harvard University. Mr. Foreman is a CFA holder.

Hyung Kim


Start Date

Tenure

Tenure Rank

Jun 04, 2019

0.99

1.0%

Hyung Kim is a Portfolio Manager and Senior Research Analyst with approximately 16 years of research experience. Before joining KAR in 2017, Mr. Kim worked as an International Equity Analyst for Advisory Research Inc. for seven years and as a Portfolio Manager on their Global Value strategy. Prior to joining Advisory Research, Mr. Kim worked as a research analyst at Coghill Capital Management and in corporate banking at HSBC and Woori Bank in Seoul, Korea. He earned an M.B.A. from the University of Chicago Booth School of Business. He is fluent in Korean and German.

Craig Thrasher


Start Date

Tenure

Tenure Rank

Jun 04, 2019

0.99

1.0%

Craig Thrasher, CFA, is a Portfolio Manager and Research Analyst at Kayne. Before joining Kayne Anderson Rudnick in 2008, Mr. Thrasher worked at Kirr, Marbach & Company as an Equity Analyst and at Wedbush Morgan Securities in correspondent credit. He has approximately 14 years of equity research experience. Mr. Thrasher earned a B.S. in Business and Public Administration, concentration in Finance, from the University of Arizona, and an M.B.A. from the University of Chicago, Graduate School of Business. Mr. Thrasher is a Chartered Financial Analyst charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 39.44 6.86 0.41