Virtus KAR Mid-Cap Core Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.2%
1 yr return
8.0%
3 Yr Avg Return
2.4%
5 Yr Avg Return
10.7%
Net Assets
$2.54 B
Holdings in Top 10
43.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VIMCX - Profile
Distributions
- YTD Total Return 7.2%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 10.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.33%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus KAR Mid-Cap Core Fund
-
Fund Family NameVirtus Funds
-
Inception DateJan 30, 2018
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCraig Stone
Fund Description
The fund pursues long-term capital appreciation in the medium capitalization sector while seeking to provide the risk characteristics of the less volatile large capitalization S&P 500® Index. The fund invests in a select group of medium market capitalization companies believed by the subadviser to be undervalued relative to their future growth potential. The investment strategy emphasizes companies believed by the subadviser to have a sustainable competitive advantage, strong management and low financial risk and to be able to grow over market cycles. Although the fund invests primarily in U.S. companies, it may invest in foreign securities and depositary receipts.
Under normal circumstances, the fund invests at least 80% of its assets in equity securities of medium market capitalization companies. As of the date of this Prospectus, the fund’s subadviser considers medium market capitalization companies for this purpose to be those companies that, at the time of initial purchase, have market capitalizations generally within the range of companies included in the Russell Midcap® Index on a rolling three-year basis. On this basis, as of September 30, 2023, the total market capitalization range of companies included in the Russell Midcap® Index over the past three years was $1.8 million to $74.2 billion. Generally, the fund invests in approximately 25 to 35 securities at any given time.
VIMCX - Performance
Return Ranking - Trailing
Period | VIMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -1.2% | 91.9% | 92.23% |
1 Yr | 8.0% | -1.4% | 88.1% | 91.07% |
3 Yr | 2.4%* | -14.8% | 56.7% | 33.92% |
5 Yr | 10.7%* | -2.0% | 98.8% | 34.86% |
10 Yr | 11.4%* | 2.4% | 24.4% | 26.37% |
* Annualized
Return Ranking - Calendar
Period | VIMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.8% | -27.7% | 68.0% | 48.05% |
2022 | -19.9% | -85.6% | 52.8% | 6.85% |
2021 | 23.3% | -74.9% | 238.3% | 3.23% |
2020 | 25.3% | -44.1% | 2474.5% | 56.25% |
2019 | 30.4% | -50.2% | 44.0% | 27.53% |
Total Return Ranking - Trailing
Period | VIMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -1.2% | 91.9% | 92.23% |
1 Yr | 8.0% | -1.4% | 88.1% | 91.07% |
3 Yr | 2.4%* | -14.8% | 56.7% | 33.92% |
5 Yr | 10.7%* | -2.0% | 98.8% | 34.86% |
10 Yr | 11.4%* | 2.4% | 24.4% | 26.37% |
* Annualized
Total Return Ranking - Calendar
Period | VIMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.7% | -26.1% | 68.0% | 35.99% |
2022 | -19.8% | -67.0% | 56.8% | 12.72% |
2021 | 25.3% | -23.5% | 342.2% | 6.85% |
2020 | 26.1% | 2.6% | 2549.1% | 78.54% |
2019 | 30.9% | 14.6% | 44.8% | 70.97% |
NAV & Total Return History
VIMCX - Holdings
Concentration Analysis
VIMCX | Category Low | Category High | VIMCX % Rank | |
---|---|---|---|---|
Net Assets | 2.54 B | 2.73 M | 100 B | 29.84% |
Number of Holdings | 30 | 24 | 3569 | 96.51% |
Net Assets in Top 10 | 1.27 B | 635 K | 11.9 B | 19.77% |
Weighting of Top 10 | 43.74% | 4.5% | 97.8% | 16.47% |
Top 10 Holdings
- AMETEK Inc 5.55%
- Cooper Cos Inc/The 4.61%
- Lennox International Inc 4.60%
- Houlihan Lokey Inc 4.49%
- Equifax Inc 4.45%
- HEICO Corp 4.40%
- Monolithic Power Systems Inc 4.04%
- Ross Stores Inc 3.98%
- Teledyne Technologies Inc 3.84%
- Westinghouse Air Brake Technologies Corp 3.78%
Asset Allocation
Weighting | Return Low | Return High | VIMCX % Rank | |
---|---|---|---|---|
Stocks | 97.49% | 58.72% | 103.99% | 70.74% |
Cash | 2.51% | 0.00% | 28.07% | 28.88% |
Preferred Stocks | 0.00% | 0.00% | 6.15% | 46.32% |
Other | 0.00% | -0.11% | 14.15% | 55.81% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 38.76% |
Bonds | 0.00% | 0.00% | 2.73% | 43.02% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VIMCX % Rank | |
---|---|---|---|---|
Industrials | 37.31% | 0.00% | 38.23% | 0.58% |
Healthcare | 21.69% | 0.00% | 37.06% | 20.35% |
Technology | 19.01% | 0.04% | 62.17% | 85.66% |
Financial Services | 12.03% | 0.00% | 43.01% | 21.90% |
Consumer Cyclical | 5.01% | 0.00% | 57.41% | 95.16% |
Consumer Defense | 3.25% | 0.00% | 16.40% | 29.07% |
Real Estate | 1.70% | 0.00% | 19.28% | 61.05% |
Utilities | 0.00% | 0.00% | 12.94% | 53.88% |
Energy | 0.00% | 0.00% | 62.10% | 77.13% |
Communication Services | 0.00% | 0.00% | 18.33% | 92.44% |
Basic Materials | 0.00% | 0.00% | 17.25% | 83.91% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VIMCX % Rank | |
---|---|---|---|---|
US | 97.49% | 46.79% | 103.99% | 61.05% |
Non US | 0.00% | 0.00% | 34.12% | 52.13% |
VIMCX - Expenses
Operational Fees
VIMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.06% | 0.02% | 17.54% | 48.26% |
Management Fee | 0.78% | 0.00% | 1.50% | 67.96% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.00% | 0.40% | 56.55% |
Sales Fees
VIMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VIMCX 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.
VIMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 250.31% | 28.57% |
VIMCX - Distributions
Dividend Yield Analysis
VIMCX | Category Low | Category High | VIMCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 33.43% | 51.94% |
Dividend Distribution Analysis
VIMCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
VIMCX | Category Low | Category High | VIMCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.33% | -2.24% | 2.75% | 27.76% |
Capital Gain Distribution Analysis
VIMCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $1.334 | CapitalGainLongTerm |
Dec 21, 2022 | $0.109 | CapitalGainLongTerm |
Dec 22, 2021 | $0.935 | OrdinaryDividend |
Dec 22, 2020 | $0.322 | OrdinaryDividend |
Dec 20, 2019 | $0.002 | CapitalGainShortTerm |
Dec 20, 2019 | $0.151 | CapitalGainLongTerm |
Dec 17, 2018 | $0.225 | CapitalGainLongTerm |
Jun 22, 2017 | $0.090 | CapitalGainLongTerm |
Jun 22, 2015 | $0.141 | CapitalGainLongTerm |
Dec 22, 2014 | $0.114 | CapitalGainShortTerm |
Dec 22, 2014 | $0.793 | CapitalGainLongTerm |
Jun 20, 2014 | $0.123 | CapitalGainShortTerm |
Jun 20, 2014 | $0.171 | CapitalGainLongTerm |
Dec 20, 2013 | $0.136 | CapitalGainLongTerm |
Jun 20, 2013 | $0.007 | CapitalGainShortTerm |
Jun 20, 2013 | $0.168 | CapitalGainLongTerm |
Dec 20, 2012 | $0.263 | OrdinaryDividend |
Dec 20, 2012 | $0.024 | CapitalGainShortTerm |
Dec 20, 2012 | $0.020 | CapitalGainLongTerm |
Jun 21, 2012 | $0.040 | OrdinaryDividend |
Jun 21, 2012 | $0.009 | CapitalGainShortTerm |
Jun 21, 2012 | $0.052 | CapitalGainLongTerm |
Jun 22, 2011 | $0.033 | CapitalGainLongTerm |
Dec 22, 2010 | $0.030 | OrdinaryDividend |
Dec 22, 2010 | $0.111 | CapitalGainShortTerm |
Jun 22, 2010 | $0.041 | OrdinaryDividend |
Jun 22, 2010 | $0.084 | CapitalGainShortTerm |
Dec 22, 2009 | $0.103 | CapitalGainShortTerm |
VIMCX - Fund Manager Analysis
Managers
Craig Stone
Start Date
Tenure
Tenure Rank
Jun 22, 2009
12.95
13.0%
Craig Stone is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization producer-durables sector. He has approximately 29 years of equity research experience. Before joining Kayne Anderson Rudnick in 2000, Mr. Stone was a Portfolio Manager at Doheny Asset Management. He earned a B.S. in International Business from San Francisco State University and an M.B.A. from the University of Southern California.
Jon Christensen
Start Date
Tenure
Tenure Rank
Jun 22, 2009
12.95
13.0%
Jon Christensen, CFA, Portfolio Manager | Mr. Christensen is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization health-care sector. Before joining Kayne Anderson Rudnick in 2001, Mr. Christensen was a Portfolio Manager and Senior Research Analyst for Doheny Asset Management and has approximately 18 years of equity research experience. He earned a B.S. in Mathematics/Applied Science from the University of California, Los Angeles, and an M.B.A. from the California State University, Long Beach. Mr. Christensen is a Chartered Financial Analyst charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.42 | 11.76 |