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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$44.53

$482 M

0.00%

1.38%

Vitals

YTD Return

15.5%

1 yr return

50.0%

3 Yr Avg Return

-6.0%

5 Yr Avg Return

12.5%

Net Assets

$482 M

Holdings in Top 10

53.6%

52 WEEK LOW AND HIGH

$44.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.38%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 53.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$100


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$44.53

$482 M

0.00%

1.38%

SAGAX - Profile

Distributions

  • YTD Total Return 15.5%
  • 3 Yr Annualized Total Return -6.0%
  • 5 Yr Annualized Total Return 12.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Virtus Zevenbergen Innovative Growth Stock Fund
  • Fund Family Name
    Virtus Funds
  • Inception Date
    Oct 20, 2020
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nancy Zevenbergen

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks of U.S. companies and other U.S.-traded equity securities. The fund considers U.S.-traded equity securities to include American Depositary Receipts (“ADRs”), as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. The fund may invest in companies of any size and may invest a portion of its assets in U.S. or non-U.S. issued securities of foreign companies. As a result of its investment strategy, the fund may focus its investments in one or more sectors.

The fund invests primarily in common stocks of companies that exhibit strong revenue, earnings, and/or cash flow growth characteristics. In selecting investments for purchase and sale, the subadviser uses a fundamental research approach to identify innovative companies with favorable prospects for future growth, due to their long-term product differentiation, customer demand, competitive positioning or other differentiating factors. The fund utilizes a variety of traditional and unconventional resources and techniques to identify growth “drivers” for each company and these growth drivers become critical to the ongoing evaluation process. Industry growth dynamics, company competitive positioning, pricing flexibility, and diversified product offerings are evaluated, providing the foundation for further fundamental research to determine the weighting of the fund’s investments. Generally the fund will hold a limited number of securities.

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SAGAX - Performance

Return Ranking - Trailing

Period SAGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -9.6% 28.7% 11.36%
1 Yr 50.0% -11.6% 75.4% 18.17%
3 Yr -6.0%* -26.6% 33.9% 96.93%
5 Yr 12.5%* -14.4% 30.8% 79.24%
10 Yr N/A* -5.3% 19.1% 48.42%

* Annualized

Return Ranking - Calendar

Period SAGAX Return Category Return Low Category Return High Rank in Category (%)
2023 60.9% -74.1% 72.4% 0.60%
2022 -57.3% -85.9% 4.7% 96.94%
2021 -10.1% -52.4% 60.5% 87.71%
2020 119.1% -34.3% 145.0% 0.73%
2019 36.7% -21.8% 49.4% 2.88%

Total Return Ranking - Trailing

Period SAGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -9.6% 28.7% 11.36%
1 Yr 50.0% -11.6% 75.4% 18.17%
3 Yr -6.0%* -26.6% 33.9% 96.93%
5 Yr 12.5%* -14.4% 30.8% 79.24%
10 Yr N/A* -5.3% 19.1% 62.03%

* Annualized

Total Return Ranking - Calendar

Period SAGAX Return Category Return Low Category Return High Rank in Category (%)
2023 60.9% -4.6% 72.4% 0.60%
2022 -55.4% -61.7% 5.6% 98.08%
2021 -10.1% -39.8% 118.1% 99.56%
2020 119.1% 2.8% 149.2% 0.92%
2019 36.7% -5.2% 49.4% 17.79%

NAV & Total Return History


SAGAX - Holdings

Concentration Analysis

SAGAX Category Low Category High SAGAX % Rank
Net Assets 482 M 242 K 222 B 65.29%
Number of Holdings 36 1 3217 83.90%
Net Assets in Top 10 286 M 104 K 111 B 62.98%
Weighting of Top 10 53.64% 0.7% 205.0% 33.90%

Top 10 Holdings

  1. Tesla Inc 7.74%
  2. MercadoLibre Inc 7.08%
  3. NVIDIA Corp 6.27%
  4. Shopify Inc 5.90%
  5. Amazon.com Inc 5.79%
  6. Trade Desk Inc/The 4.93%
  7. Uber Technologies Inc 4.51%
  8. Axon Enterprise Inc 4.05%
  9. Snowflake Inc 3.74%
  10. Advanced Micro Devices Inc 3.63%

Asset Allocation

Weighting Return Low Return High SAGAX % Rank
Stocks
98.70% 0.00% 130.05% 52.28%
Cash
1.30% -1.50% 173.52% 49.49%
Preferred Stocks
0.00% 0.00% 7.84% 75.55%
Other
0.00% -43.49% 59.52% 75.21%
Convertible Bonds
0.00% 0.00% 1.94% 70.95%
Bonds
0.00% 0.00% 104.15% 73.52%

Stock Sector Breakdown

Weighting Return Low Return High SAGAX % Rank
Technology
44.14% 0.00% 65.70% 10.47%
Consumer Cyclical
30.48% 0.00% 62.57% 1.44%
Communication Services
11.05% 0.00% 66.40% 44.59%
Healthcare
9.94% 0.00% 39.76% 76.69%
Financial Services
3.41% 0.00% 43.06% 93.41%
Industrials
0.98% 0.00% 30.65% 92.40%
Utilities
0.00% 0.00% 16.07% 80.57%
Real Estate
0.00% 0.00% 16.05% 90.29%
Energy
0.00% 0.00% 41.09% 87.25%
Consumer Defense
0.00% 0.00% 25.50% 96.11%
Basic Materials
0.00% 0.00% 18.91% 91.47%

Stock Geographic Breakdown

Weighting Return Low Return High SAGAX % Rank
US
98.70% 0.00% 130.05% 37.77%
Non US
0.00% 0.00% 78.10% 80.94%

SAGAX - Expenses

Operational Fees

SAGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.38% 0.01% 19.54% 22.99%
Management Fee 0.79% 0.00% 1.50% 87.47%
12b-1 Fee 0.25% 0.00% 1.00% 50.16%
Administrative Fee 0.10% 0.01% 1.02% 52.15%

Sales Fees

SAGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 8.50% 57.06%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SAGAX 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.

SAGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 316.74% 70.32%

SAGAX - Distributions

Dividend Yield Analysis

SAGAX Category Low Category High SAGAX % Rank
Dividend Yield 0.00% 0.00% 28.41% 85.81%

Dividend Distribution Analysis

SAGAX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually SemiAnnual Annual

Net Income Ratio Analysis

SAGAX Category Low Category High SAGAX % Rank
Net Income Ratio -1.24% -6.13% 3.48% 92.67%

Capital Gain Distribution Analysis

SAGAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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SAGAX - Fund Manager Analysis

Managers

Nancy Zevenbergen


Start Date

Tenure

Tenure Rank

Feb 23, 2004

18.28

18.3%

Ms. Zevenbergen established ZCI in 1987, creating a responsive, research-focused investment firm. Prior to founding the ZCI, she was a Portfolio Manager and Research Analyst for Rainier National Bank for six years. She was responsible for supervising trust assets for individuals and organizations with diverse investment goals and varying constraints. Currently, Ms. Zevenbergen oversees the firm’s investment policy and portfolio management decisions, maintaining a strong commitment to original research. She graduated from the University of Washington, earning a BA in Business Administration with a concentration in Finance, is a CFA charterholder and a member of both the CFA Institute and the CFA Society of Seattle. Ms. Zevenbergen serves as an Independent Trustee of the Smead Funds Trust. Furthermore, she serves on the Seattle Pacific Foundation Board of Directors as chair of the Investment Committee, and is a member of the University of Washington Foster School of Business Advisory Board.

Brooke de Boutray


Start Date

Tenure

Tenure Rank

Feb 23, 2004

18.28

18.3%

Ms. de Boutray joined Zevenbergen in 1992 and has served as Managing Director, Portfolio Manager and Analyst since 2004. Her lengthy career in the financial industry includes positions as Portfolio Manager, Research Analyst and Trust Officer for First Interstate Bank, as well as Portfolio Manager and Director of Marketing for M.T. Associates Investment Council. Ms. de Boutray has spent much time abroad, living in both France and Canada, which provides valuable international perspective to the investment process. As a Portfolio Manager, she helps define ZCI’s investment policy and has responsibility for selecting equity holdings. Ms. de Boutray received a BA in Business Administration from the University of Washington and a MBA from the University of Puget Sound. She is a CFA charterholder and a member of both the CFA Institute and the CFA Society of Seattle. Ms. de Boutray serves on the Department of Finance Advisory Board at Seattle University’s Albers School of Business and Economics, and the HR and Benefits Committee of the Washington Athletic Club Board of Governors. In addition, she is a member of the Pacific Northwest Ballet Advisory Board and an associate member of the Finance Committee of the ARCS Foundation, Inc. (Achievement Rewards for College Scientists).

Leslie Tubbs


Start Date

Tenure

Tenure Rank

Feb 23, 2004

18.28

18.3%

Leslie Tubbs, CFA, CIC. Ms. Tubbs joined Zevenbergen in 1994 and has served as Portfolio Manager and Analyst since 2004. after working for eight years in commercial lending, credit analysis, marketing, administration and senior-level management at Key Bank of Washington. In addition to her primary responsibilities as a Portfolio Manager and Research Analyst with specific sector responsibilities, she also oversees financial management of the firm. She holds a BA in Business Administration from the University of Washington with a concentration in Finance. Ms. Tubbs is a CFA charterholder and is a member of both the CFA Institute and the CFA Society of Seattle. She is currently a finance committee member for the national fraternity of Delta Delta Delta and its House Corporation and also served as a finance committee member for the national Delta Delta Delta Foundation from 2012 to 2018.

Joseph Dennison


Start Date

Tenure

Tenure Rank

Aug 01, 2015

6.84

6.8%

Joseph Dennison, CFA. Mr. Dennison joined Zevenbergen in 2011 and serves as Portfolio Manager of Virtus Zevenbergen Innovative Growth Stock Fund. He has worked in investment management since 2011. In his current capacity, he supports portfolio managers with active recommendations on security selection and portfolio construction through original research, which includes financial statement analysis, forecasting, and management assessments. Prior responsibilities at ZCI have included assistance in trading, settlement, client service and research. Prior to joining the firm, Mr. Dennison worked for Seattle’s largest public defender, as well as serving as Grant Awards & Investment Associate for Anduin Foundation.  In his role with The Defender Association, Mr. Dennison was a primary source of communication with clients, specializing in conflict resolution, scheduling, and case assignment.  For Anduin, Mr. Dennison was responsible for researching and contacting potential grant recipients, as well as assisting in determining long-term gifting and investment strategies.  He received his BA in Political Science from Yale University.  Mr. Dennison is a CFA charterholder and is a member of both the CFA Institute and CFA Society of Seattle.

Anthony Zackery


Start Date

Tenure

Tenure Rank

Aug 01, 2015

6.84

6.8%

Mr. Zackery joined ZCI in 2011. In his current capacity, he serves as Portfolio Manager of Virtus Zevenbergen Innovative Growth Stock Fund. Prior responsibilities at ZCI have included operations and client service. Before joining ZCI, Mr. Zackery worked as a Credit Analyst for Banner Bank, where he evaluated the creditworthiness of existing and prospective bank clients. He graduated magna cum laude with a BA in Business Administration, finance concentration, and minor in economics from Western Washington University, where he was a Presidential Scholar. He currently serves as an advisory board member to the Western Washington University College of Business and Economics Investment Management and Scholarship Endowment Fund. Mr. Zackery is a CFA charterholder and is a member of both the CFA Institute and CFA Society of Seattle.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.21 3.08