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Trending ETFs

Name

As of 02/25/2021

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

$10.02

$26.3 M

-

$0.00

1.98%

Vitals

YTD Return

-2.3%

1 yr return

1.6%

3 Yr Avg Return

1.5%

5 Yr Avg Return

1.2%

Net Assets

$26.3 M

Holdings in Top 10

45.5%

52 WEEK LOW AND HIGH

$10.0
$9.15
$10.26

Expenses

OPERATING FEES

Expense Ratio 1.98%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 213.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/25/2021

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

$10.02

$26.3 M

-

$0.00

1.98%

VMSRX - Profile

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Virtus Aviva Multi-Strategy Target Return Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Nov 03, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Fitzgerald

Fund Description


VMSRX - Performance

Return Ranking - Trailing

Period VMSRX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -73.0% 13.4% 92.20%
1 Yr 1.6% -20.2% 45.3% 73.79%
3 Yr 1.5%* -12.0% 15.9% 71.97%
5 Yr 1.2%* -5.5% 15.0% 81.03%
10 Yr N/A* -0.7% 7.3% N/A

* Annualized

Return Ranking - Calendar

Period VMSRX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -22.7% 305.1% 36.36%
2022 10.5% -9.8% 27.3% 12.50%
2021 -7.2% -20.8% 10.9% 61.41%
2020 -2.2% -12.4% 29.4% 92.89%
2019 N/A -10.5% 15.8% N/A

Total Return Ranking - Trailing

Period VMSRX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -73.0% 13.4% 92.20%
1 Yr 1.6% -20.2% 45.3% 65.17%
3 Yr 1.5%* -12.0% 15.9% 65.53%
5 Yr 1.2%* -5.5% 15.0% 78.45%
10 Yr N/A* -0.7% 7.3% N/A

* Annualized

Total Return Ranking - Calendar

Period VMSRX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -22.7% 305.1% 36.36%
2022 10.5% -9.8% 27.3% 12.50%
2021 -7.2% -20.8% 10.9% 72.61%
2020 -2.2% -8.4% 29.4% 95.73%
2019 N/A -10.2% 18.0% N/A

NAV & Total Return History


VMSRX - Holdings

Concentration Analysis

VMSRX Category Low Category High VMSRX % Rank
Net Assets 26.3 M 1.49 M 5.1 B 81.47%
Number of Holdings 659 4 4377 28.14%
Net Assets in Top 10 16.4 M -107 M 2.55 B 73.56%
Weighting of Top 10 45.46% 9.9% 100.0% 60.00%

Top 10 Holdings

  1. Dreyfus Government Cash Mgmt Instl 36.43%
  2. Invesco DB Gold 4.21%
  3. E-mini Russell 2000 Index Future June 20 1.54%
  4. E-mini Russell 2000 Index Future June 20 1.54%
  5. E-mini Russell 2000 Index Future June 20 1.54%
  6. E-mini Russell 2000 Index Future June 20 1.54%
  7. E-mini Russell 2000 Index Future June 20 1.54%
  8. E-mini Russell 2000 Index Future June 20 1.54%
  9. E-mini Russell 2000 Index Future June 20 1.54%
  10. E-mini Russell 2000 Index Future June 20 1.54%

Asset Allocation

Weighting Return Low Return High VMSRX % Rank
Cash
61.88% -14547.30% 550.79% 13.90%
Stocks
35.24% -5.86% 93.70% 38.64%
Other
1.79% -2.43% 145.27% 53.56%
Bonds
1.03% -472.40% 14620.47% 86.78%
Preferred Stocks
0.07% -0.12% 45.43% 38.98%
Convertible Bonds
0.00% 0.00% 87.52% 97.63%

Stock Sector Breakdown

Weighting Return Low Return High VMSRX % Rank
Industrials
20.60% 0.00% 24.55% 2.55%
Technology
17.69% 0.00% 100.00% 52.19%
Healthcare
13.29% 0.00% 47.53% 22.99%
Consumer Cyclical
11.67% 0.00% 29.68% 47.45%
Communication Services
10.03% 0.00% 21.78% 31.75%
Financial Services
8.61% 0.00% 58.44% 84.67%
Basic Materials
8.07% 0.00% 26.33% 14.96%
Consumer Defense
6.62% 0.00% 16.49% 43.07%
Energy
2.31% 0.00% 100.00% 45.62%
Real Estate
1.03% 0.00% 78.90% 83.58%
Utilities
0.10% 0.00% 20.17% 95.62%

Stock Geographic Breakdown

Weighting Return Low Return High VMSRX % Rank
US
17.97% -24.65% 91.88% 50.85%
Non US
17.27% -24.99% 42.11% 22.37%

Bond Sector Breakdown

Weighting Return Low Return High VMSRX % Rank
Cash & Equivalents
50.17% 0.27% 100.00% 34.92%
Derivative
49.68% 0.00% 91.28% 9.83%
Government
0.10% 0.00% 81.98% 84.07%
Corporate
0.06% 0.00% 88.09% 70.51%
Securitized
0.00% 0.00% 89.57% 97.63%
Municipal
0.00% 0.00% 26.35% 96.61%

Bond Geographic Breakdown

Weighting Return Low Return High VMSRX % Rank
US
1.03% -136.03% 6319.42% 84.41%
Non US
0.00% -574.50% 8301.05% 85.76%

VMSRX - Expenses

Operational Fees

VMSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.98% 0.29% 31.15% 47.77%
Management Fee 1.30% 0.00% 2.50% 76.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.30% 47.56%

Sales Fees

VMSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VMSRX 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.

VMSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 213.00% 0.00% 491.00% 73.11%

VMSRX - Distributions

Dividend Yield Analysis

VMSRX Category Low Category High VMSRX % Rank
Dividend Yield 0.00% 0.00% 7.14% 95.64%

Dividend Distribution Analysis

VMSRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

VMSRX Category Low Category High VMSRX % Rank
Net Income Ratio -0.50% -1.93% 6.83% 88.32%

Capital Gain Distribution Analysis

VMSRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

VMSRX - Fund Manager Analysis

Managers

Peter Fitzgerald


Start Date

Tenure

Tenure Rank

Jul 20, 2015

5.54

5.5%

Peter is a member of the Aviva Investors’ Executive team and leads our global Multi-asset and Macro investment team including responsibility for the team’s strategic direction. Additionally, he is a portfolio manager of the AIMS Target Return and Target Income funds. Peter is also chair of the Asset Allocation Committee. Peter began his career at Old Mutual in 1995 before joining BNP Wealth Management’s Multi-asset team. He has extensive international experience having worked in Asia, Latin America and Europe. Peter holds a postgraduate diploma in Education from Trinity College Dublin and a degree in European studies from the University of Cork. He is also a CFA® charterholder.

James McAlevey


Start Date

Tenure

Tenure Rank

Jun 14, 2018

2.64

2.6%

James manages the AIMS Fixed Income and AIMS Target Return Funds. He also leads our rates team. James is a permanent member of the Strategic Investment Group (‘SIG’), where all investment ideas that are proposed for inclusion in the AIMS portfolios are rigorously debated. Prior to joining Aviva Investors, James worked at Henderson Global Investors where he was Head of Interest Rates with a focus on alpha generation in the benchmark agnostic product offering. He previously worked on the hedge fund side of the business, where he gained insight and experience in the use and application of derivatives in an absolute return framework. James holds an MSc in Economics from the University of Bristol and is a CFA® charterholder.

Mark Robertson


Start Date

Tenure

Tenure Rank

Sep 17, 2018

2.38

2.4%

Mark is responsible for managing our suite of outcome-focused multi-strategy funds as well as leading our multi-strategy investment team. Mark joined Aviva Investors in September 2018 and heads the Multi-Strategy team. After beginning his portfolio management career with Bankers Trust during 2000 in Australia he moved to Investec in Ireland before returning to Sydney to take up a role with UBS. In 2006 he moved to ING to manage their multi asset portfolios. Mark moved to The Netherlands with ING in 2011 and held the role of Head of Multi-Asset portfolios under the rebranded entity NN Investment Partners. He has experience managing Fixed Income, Global Equity, FX, Multi-Asset and Multi Strategy portfolios with a focus on the use of behavioural finance techniques and the benefit that a data-driven approach can bring to the investment process. Mark holds a Masters of Applied Finance from Macquarie University, Australia and a Bachelor of Science from the University of Waikato, New Zealand.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.28 4.39 3.67