Virtus KAR Emerging Markets Small-Cap Fund
- VRESX
- Price as of: Nov 25, 2020
-
$16.01
N/A N/A
- Primary Theme
- Emerging Markets Equity
- Fund Company
- Virtus
- Share Class
VRESX - Snapshot
Vitals
- YTD Return 25.7%
- 3 Yr Annualized Return 11.4%
- 5 Yr Annualized Return 14.1%
- Net Assets $224 M
- Holdings in Top 10 42.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.62%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 44.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500,000
- IRA N/A
Fund Classification
-
Primary Theme
Emerging Markets Equity
- Fund Type Open End Mutual Fund
- Investment Style Diversified Emerging Mkts
VRESX - Profile
Distributions
- YTD Total Return 25.7%
- 3 Yr Annualized Total Return 11.4%
- 5 Yr Annualized Total Return 14.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.44%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameVirtus KAR Emerging Markets Small-Cap Fund
-
Fund Family NameVirtus
-
Inception DateAug 01, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCraig Thrasher
Fund Description
Under normal circumstances, the fund invests at least 80% of its assets in equity or equity-linked securities of small capitalization companies located in emerging markets countries. The fund's subadviser considers small-capitalization companies to be those companies that, at the time of initial purchase, have market capitalizations of less than $8 billion. Emerging markets countries generally include every nation in the world except the U.S., Canada, Japan, Australia, New Zealand and most nations located in Western Europe. The fund is non-diversified.
VRESX - Performance
Return Ranking - Trailing
| Period | VRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.7% | -24.4% | 461.9% | 10.82% |
| 1 Yr | 23.8% | -32.9% | 70.4% | 7.94% |
| 3 Yr | 11.4%* | -14.1% | 23.9% | 3.11% |
| 5 Yr | 14.1%* | -5.2% | 22.1% | 2.62% |
| 10 Yr | N/A* | -2.4% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | VRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -4.8% | 42.0% | N/A |
| 2018 | N/A | -58.5% | 0.0% | N/A |
| 2017 | N/A | -33.4% | 66.6% | N/A |
| 2016 | N/A | -10.1% | 241.3% | N/A |
| 2015 | N/A | -34.7% | 4.9% | N/A |
Total Return Ranking - Trailing
| Period | VRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.7% | -24.0% | 461.9% | 10.82% |
| 1 Yr | 23.8% | -32.9% | 70.4% | 6.97% |
| 3 Yr | 11.4%* | -14.1% | 23.9% | 3.12% |
| 5 Yr | 14.1%* | -5.2% | 22.1% | 2.34% |
| 10 Yr | N/A* | -2.4% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | VRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -4.8% | 42.0% | N/A |
| 2018 | N/A | -41.9% | 0.0% | N/A |
| 2017 | N/A | -24.0% | 66.6% | N/A |
| 2016 | N/A | -10.0% | 249.6% | N/A |
| 2015 | N/A | -34.7% | 4.9% | N/A |
NAV & Total Return History
VRESX - Holdings
Concentration Analysis
| VRESX | Category Low | Category High | VRESX % Rank | |
|---|---|---|---|---|
| Net Assets | 224 M | 705 K | 87.4 B | 58.10% |
| Number of Holdings | 48 | 1 | 5645 | 90.50% |
| Net Assets in Top 10 | 76.2 M | -81.1 M | 24.2 B | 58.05% |
| Weighting of Top 10 | 42.53% | 2.9% | 100.0% | 32.77% |
Top 10 Holdings
- Dreyfus Government Cash Mgmt Instl 8.72%
- HeadHunter Group PLC ADR 5.62%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
- VNV Global AB Ordinary Shares 4.80%
Asset Allocation
| Weighting | Return Low | Return High | VRESX % Rank | |
|---|---|---|---|---|
| Stocks | 90.06% | 40.97% | 100.38% | 94.72% |
| Cash | 9.94% | -114.84% | 13.18% | 1.68% |
| Preferred Stocks | 0.00% | 0.00% | 1.77% | 32.57% |
| Other | 0.00% | -5.37% | 121.77% | 34.50% |
| Convertible Bonds | 0.00% | 0.00% | 15.83% | 19.47% |
| Bonds | 0.00% | -9.89% | 58.22% | 29.02% |
VRESX - Expenses
Operational Fees
| VRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.62% | 0.04% | 40.36% | 37.28% |
| Management Fee | 1.20% | 0.00% | 2.00% | 91.42% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 1.25% | 55.56% |
Sales Fees
| VRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.40% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.40% | 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.
| VRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 0.00% | 420.00% | 48.13% |
VRESX - Distributions
Dividend Yield Analysis
| VRESX | Category Low | Category High | VRESX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.71% | 0.00% | 9.74% | 8.92% |
Dividend Distribution Analysis
| VRESX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| VRESX | Category Low | Category High | VRESX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.44% | -1.40% | 6.51% | 52.80% |
Capital Gain Distribution Analysis
| VRESX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
VRESX - Fund Manager Analysis
Managers
Craig Thrasher
Start Date
Tenure
Tenure Rank
Dec 17, 2013
6.88
6.9%
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.
Hyung Kim
Start Date
Tenure
Tenure Rank
Apr 30, 2017
3.51
3.5%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 33.7 | 5.88 | 0.92 |