Virtus FORT Trend Fund Class R6
Name
As of 07/12/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.1%
1 yr return
-3.0%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
-3.2%
Net Assets
$137 M
Holdings in Top 10
99.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.43%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/12/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VRPAX - Profile
Distributions
- YTD Total Return -3.1%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return -3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.19%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameVirtus FORT Trend Fund
-
Fund Family NameVirtus
-
Inception DateNov 12, 2014
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerYves Balcer
Fund Description
VRPAX - Performance
Return Ranking - Trailing
Period | VRPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.1% | -7.4% | 14.6% | 93.62% |
1 Yr | -3.0% | -16.1% | 36.5% | 7.53% |
3 Yr | -1.0%* | -7.9% | 13.3% | 69.66% |
5 Yr | -3.2%* | -5.3% | 10.0% | 3.61% |
10 Yr | N/A* | -2.4% | 4.3% | 3.57% |
* Annualized
Return Ranking - Calendar
Period | VRPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -10.8% | -16.4% | 12.9% | 79.57% |
2022 | 1.2% | -9.3% | 17.5% | 4.35% |
2021 | -2.6% | -25.8% | 2.2% | 38.37% |
2020 | 4.0% | -5.1% | 21.0% | 1.32% |
2019 | -1.3% | -20.3% | 4.6% | 21.13% |
Total Return Ranking - Trailing
Period | VRPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.1% | -7.4% | 14.6% | 93.62% |
1 Yr | -3.0% | -20.3% | 36.5% | 6.45% |
3 Yr | -1.0%* | -9.0% | 11.1% | 65.17% |
5 Yr | -3.2%* | -5.7% | 8.7% | 3.61% |
10 Yr | N/A* | -2.4% | 4.3% | 3.57% |
* Annualized
Total Return Ranking - Calendar
Period | VRPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -10.8% | -16.4% | 12.9% | 79.57% |
2022 | 1.2% | -9.3% | 17.5% | 4.35% |
2021 | -2.6% | -20.3% | 2.5% | 38.37% |
2020 | 4.0% | -5.1% | 21.0% | 1.32% |
2019 | -1.3% | -20.3% | 6.7% | 21.13% |
NAV & Total Return History
VRPAX - Holdings
Concentration Analysis
VRPAX | Category Low | Category High | VRPAX % Rank | |
---|---|---|---|---|
Net Assets | 137 M | 2.12 M | 1.74 B | 43.62% |
Number of Holdings | 10 | 3 | 876 | 92.55% |
Net Assets in Top 10 | 139 M | -100 M | 2.04 B | 35.11% |
Weighting of Top 10 | 99.30% | 20.3% | 94.0% | 95.50% |
Top 10 Holdings
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
- Virtus Vats Offshore Fund 18.63%
Asset Allocation
Weighting | Return Low | Return High | VRPAX % Rank | |
---|---|---|---|---|
Cash | 67.24% | -687.11% | 117.03% | 53.19% |
Bonds | 18.28% | -50.36% | 717.59% | 38.30% |
Other | 14.48% | 0.00% | 58.63% | 64.89% |
Stocks | 0.00% | -1.78% | 72.26% | 78.72% |
Preferred Stocks | 0.00% | 0.00% | 0.13% | 20.21% |
Convertible Bonds | 0.00% | 0.00% | 2.27% | 36.17% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VRPAX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 78.62% | 1.07% | 100.00% | 48.94% |
Government | 21.38% | 0.00% | 82.10% | 11.70% |
Derivative | 0.00% | 0.00% | 63.99% | 80.85% |
Securitized | 0.00% | 0.00% | 64.73% | 36.17% |
Corporate | 0.00% | 0.00% | 31.20% | 41.49% |
Municipal | 0.00% | 0.00% | 6.83% | 27.66% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VRPAX % Rank | |
---|---|---|---|---|
US | 18.28% | -169.44% | 233.08% | 23.40% |
Non US | 0.00% | -77.11% | 655.95% | 57.45% |
VRPAX - Expenses
Operational Fees
VRPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.43% | 0.75% | 12.88% | 89.25% |
Management Fee | 1.00% | 0.65% | 2.99% | 20.21% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.09% | 0.45% | 22.22% |
Sales Fees
VRPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VRPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
VRPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 198.00% | 95.71% |
VRPAX - Distributions
Dividend Yield Analysis
VRPAX | Category Low | Category High | VRPAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.00% | 13.83% |
Dividend Distribution Analysis
VRPAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
VRPAX | Category Low | Category High | VRPAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.19% | -3.14% | 1.55% | 25.81% |
Capital Gain Distribution Analysis
VRPAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
VRPAX - Fund Manager Analysis
Managers
Yves Balcer
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Yves Balcer has been a principal of fort since its founding in 1993. He was formerly a Senior Manager of Investment at the World Bank, where he worked from August 1985 until August 1987, and again between May 1988 and December 1992. During his last two years at the World Bank, Mr. Balcer directed the research and implementation of system-based trading strategies in global bond markets. Prior to that, he served as Senior Manager position.
Sanjiv Kumar
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Sanjiv Kumar has been a principal of FORT since its inception in 1993. Between 1987 and 1992 he was a Senior Manager of Investment at the World Bank. During his tenure at the World Bank, Mr. Kumar managed large fixed income portfolios in all the major currencies. At the time of his departure, Mr. Kumar was responsible for investing a multi-billion dollar portfolio in US and Canadian dollar securities. From 1985 to 1986, Mr. Kumar was a Vice-President with Free Market, Inc.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 14.09 | 5.41 | 5.06 |