Virtus SGA Emerging Markets Growth Fund
Name
As of 12/27/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
3.1%
3 Yr Avg Return
-8.3%
5 Yr Avg Return
N/A
Net Assets
$4.64 M
Holdings in Top 10
53.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.75%
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 12/27/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VCEGX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return -8.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.42%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus SGA Emerging Markets Growth Fund
-
Fund Family NameVirtus
-
Inception DateJun 13, 2019
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKishore Rao
Fund Description
Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of issuers organized or headquartered in, or having significant exposure to, the emerging markets. The subadviser generally considers emerging markets countries to be those included in the MSCI Emerging Markets Index. As of the date of this prospectus, SGA considers an issuer that derives at least 50% of its revenue from a particular country as having significant exposure to that country.
SGA uses an investment process to identify companies that it believes have a high degree of predictability, strong profitability and above average earnings and cash flow growth. SGA selects investments for the fund’s portfolio that it believes have superior long-term earnings prospects and attractive valuation. To the extent consistent with the fund’s investment objective and strategies, the subadviser will consider as an element of its investment research and decision making processes for the fund any environmental, social and/or governance (“ESG”) factors that the subadviser believes may influence risks and opportunities of companies under consideration. However, the pursuit of ESG-related goals is not the fund’s investment objective, nor one of its investment strategies. Therefore, ESG factors by themselves are not expected to determine investment decisions for the fund. The fund’s equity investments may include common stocks, preferred stocks, securities convertible into or exchangeable for common stocks, and depositary receipts. The fund may invest in companies of all market capitalizations. The fund will allocate its assets among various regions and countries (but no fewer than three countries). From time to time, the fund may have a significant portion of its assets invested in the securities of companies in only a few countries and one or a few regions. Although the fund seeks investments across a number of sectors, from time to time, the fund may have significant positions in particular sectors. The fund is non-diversified under federal securities laws.
SGA will sell a portfolio holding when it believes the security’s fundamentals deteriorate, its valuation is no longer attractive, or a better investment opportunity arises.
VCEGX - Performance
Return Ranking - Trailing
Period | VCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -7.5% | 40.1% | 95.11% |
1 Yr | 3.1% | -6.9% | 41.2% | 95.51% |
3 Yr | -8.3%* | -22.6% | 10.7% | 77.12% |
5 Yr | N/A* | -4.6% | 12.5% | N/A |
10 Yr | N/A* | -2.4% | 6.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | VCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -14.1% | -50.1% | -2.4% | 3.54% |
2022 | -21.9% | -33.1% | 22.5% | 96.55% |
2021 | 24.9% | -22.1% | 80.1% | 23.31% |
2020 | N/A | -0.7% | 42.0% | N/A |
2019 | N/A | -31.2% | -5.8% | N/A |
Total Return Ranking - Trailing
Period | VCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -7.5% | 40.1% | 95.11% |
1 Yr | 3.1% | -6.9% | 41.2% | 95.51% |
3 Yr | -8.3%* | -22.6% | 10.7% | 77.12% |
5 Yr | N/A* | -4.6% | 12.5% | N/A |
10 Yr | N/A* | -2.4% | 6.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VCEGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -14.1% | -42.2% | 1.9% | 8.45% |
2022 | -15.3% | -32.5% | 33.1% | 97.55% |
2021 | 27.5% | -20.0% | 81.6% | 22.11% |
2020 | N/A | 2.3% | 42.0% | N/A |
2019 | N/A | -29.8% | -5.3% | N/A |
NAV & Total Return History
VCEGX - Holdings
Concentration Analysis
VCEGX | Category Low | Category High | VCEGX % Rank | |
---|---|---|---|---|
Net Assets | 4.64 M | 653 K | 96.1 B | 95.56% |
Number of Holdings | 27 | 10 | 6829 | 99.48% |
Net Assets in Top 10 | 2.47 M | 282 K | 20.4 B | 94.51% |
Weighting of Top 10 | 53.09% | 0.3% | 100.7% | 4.19% |
Top 10 Holdings
- Wal-Mart de Mexico SAB de CV 6.51%
- Fomento Economico Mexicano SAB de CV 6.31%
- Infosys Ltd 6.29%
- HDFC Bank Ltd 6.17%
- Fast Retailing Co Ltd 5.57%
- CP ALL PCL 5.13%
- XP Inc 4.56%
- Yum China Holdings Inc 4.27%
- MercadoLibre Inc 4.23%
- Bank Central Asia Tbk PT 4.05%
Asset Allocation
Weighting | Return Low | Return High | VCEGX % Rank | |
---|---|---|---|---|
Stocks | 99.77% | 0.00% | 104.09% | 6.54% |
Cash | 0.23% | -2.03% | 99.09% | 88.10% |
Preferred Stocks | 0.00% | 0.00% | 10.17% | 60.92% |
Other | 0.00% | -0.51% | 45.30% | 36.73% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 16.84% |
Bonds | 0.00% | 0.00% | 94.92% | 28.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VCEGX % Rank | |
---|---|---|---|---|
Consumer Defense | 28.13% | 0.00% | 28.13% | 0.13% |
Financial Services | 23.85% | 0.00% | 48.86% | 32.41% |
Consumer Cyclical | 19.36% | 0.00% | 48.94% | 8.60% |
Healthcare | 9.79% | 0.00% | 16.53% | 10.32% |
Communication Services | 8.51% | 0.00% | 39.29% | 53.84% |
Technology | 5.36% | 0.00% | 47.50% | 98.02% |
Basic Materials | 2.99% | 0.00% | 30.03% | 86.64% |
Real Estate | 2.01% | 0.00% | 17.15% | 38.76% |
Utilities | 0.00% | 0.00% | 39.12% | 73.68% |
Industrials | 0.00% | 0.00% | 43.53% | 97.35% |
Energy | 0.00% | 0.00% | 24.80% | 86.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VCEGX % Rank | |
---|---|---|---|---|
Non US | 69.13% | 0.00% | 100.18% | 87.84% |
US | 30.63% | 0.00% | 98.40% | 6.80% |
VCEGX - Expenses
Operational Fees
VCEGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.75% | 0.03% | 24.48% | 5.51% |
Management Fee | 1.00% | 0.00% | 2.00% | 74.21% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 79.82% |
Administrative Fee | 0.10% | 0.01% | 0.85% | 47.90% |
Sales Fees
VCEGX 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% | 21.52% |
Trading Fees
VCEGX 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.
VCEGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 189.00% | 1.35% |
VCEGX - Distributions
Dividend Yield Analysis
VCEGX | Category Low | Category High | VCEGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.05% | 21.70% |
Dividend Distribution Analysis
VCEGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
VCEGX | Category Low | Category High | VCEGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.42% | -1.98% | 17.62% | 99.46% |
Capital Gain Distribution Analysis
VCEGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
VCEGX - Fund Manager Analysis
Managers
Kishore Rao
Start Date
Tenure
Tenure Rank
Jun 13, 2019
2.97
3.0%
Kishore Rao a research principal for Sustainable Growth Advisers, LP, subadviser for the John Hancock U.S. Global Leaders Growth Strategy. In addition to providing dedicated research for the strategy, he also serves on Sustainable Growth Advisers’ Investment Committee. Prior to joining the firm, Mr. Rao was a member of the investment team at Trident Capital, a venture capital firm managing a portfolio of software, technology, and business service companies. Earlier in his career, he served as an investme
Hrishikesh Gupta
Start Date
Tenure
Tenure Rank
Jun 13, 2019
2.97
3.0%
Mr. Gupta is an Analyst, Portfolio Manager, Principal and a member of the Investment Committee at Sustainable Growth Advisers. Prior to joining the firm in 2014, he was a Senior Analyst at MDR Capital Management and an Investment Banking Associate at Bank of America Merrill Lynch. Prior to that, Mr. Gupta spent three years in the industry as a Product and Program Manager at Amazon.com and, as part of their strategic executive division, led the launch of Amazon’s Japanese and German merchant platforms.
Robert Rohn
Start Date
Tenure
Tenure Rank
Jun 13, 2019
2.97
3.0%
Rob has worked in credit research and corporate finance in JP Morgan, equity analysis in Yeager, Wood & Marshall, and has a BA from Dartmouth College and an MBA from Harvard.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.49 | 13.42 |