Virtus KAR Small-Cap Growth Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.0%
1 yr return
28.9%
3 Yr Avg Return
-2.0%
5 Yr Avg Return
8.8%
Net Assets
$3.34 B
Holdings in Top 10
59.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
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 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VRSGX - Profile
Distributions
- YTD Total Return 17.0%
- 3 Yr Annualized Total Return -2.0%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.58%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus KAR Small-Cap Growth Fund
-
Fund Family NameVirtus Funds
-
Inception DateJan 30, 2018
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTodd Beiley
Fund Description
The fund pursues long-term capital appreciation in the small capitalization market while seeking to incur less risk than the small capitalization growth market. The fund invests in a select group of small market capitalization companies believed by the fund’s subadviser to possess sustainable competitive advantages at prices the subadviser deems attractive. 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 common stocks of small market capitalization companies. As of the date of this Prospectus, the fund’s subadviser considers small 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 2000® Growth 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 2000® Growth Index over the past three years was $1.21 million to $24.9 billion. Generally, the fund invests in approximately 20 to 40 securities at any given time.
VRSGX - Performance
Return Ranking - Trailing
| Period | VRSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.0% | -0.3% | 99.0% | 78.10% |
| 1 Yr | 28.9% | 5.6% | 97.2% | 78.10% |
| 3 Yr | -2.0%* | -17.5% | 60.9% | 66.11% |
| 5 Yr | 8.8%* | -2.8% | 48.2% | 67.25% |
| 10 Yr | N/A* | 1.6% | 25.2% | 1.33% |
* Annualized
Return Ranking - Calendar
| Period | VRSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.3% | -20.5% | 54.6% | 49.82% |
| 2022 | -40.3% | -82.1% | 32.2% | 89.63% |
| 2021 | -8.7% | -90.6% | 300.1% | 52.71% |
| 2020 | 31.1% | -63.0% | 127.9% | 43.22% |
| 2019 | 38.3% | -7.7% | 42.9% | 1.00% |
Total Return Ranking - Trailing
| Period | VRSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.0% | -0.3% | 99.0% | 78.10% |
| 1 Yr | 28.9% | 5.6% | 97.2% | 78.10% |
| 3 Yr | -2.0%* | -17.5% | 60.9% | 66.11% |
| 5 Yr | 8.8%* | -2.8% | 48.2% | 67.25% |
| 10 Yr | N/A* | 1.6% | 25.2% | 1.14% |
* Annualized
Total Return Ranking - Calendar
| Period | VRSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.5% | -19.0% | 136.8% | 17.40% |
| 2022 | -30.2% | -59.9% | 44.3% | 65.74% |
| 2021 | 4.4% | -22.7% | 411.9% | 73.08% |
| 2020 | 43.4% | 1.5% | 150.8% | 36.43% |
| 2019 | 40.4% | 5.5% | 55.3% | 5.38% |
NAV & Total Return History
VRSGX - Holdings
Concentration Analysis
| VRSGX | Category Low | Category High | VRSGX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.34 B | 209 K | 34.3 B | 15.33% |
| Number of Holdings | 29 | 7 | 1226 | 97.26% |
| Net Assets in Top 10 | 1.7 B | 53.8 K | 3.24 B | 3.65% |
| Weighting of Top 10 | 59.92% | 7.5% | 100.0% | 3.29% |
Top 10 Holdings
- Ryan Specialty Holdings Inc 9.44%
- Morningstar Inc 7.86%
- AAON Inc 7.76%
- Auto Trader Group PLC 6.87%
- Rightmove PLC 5.27%
- Triumph Financial Inc 4.95%
- nCino Inc 4.87%
- ServisFirst Bancshares Inc 4.56%
- Enerpac Tool Group Corp 4.24%
- Fox Factory Holding Corp 4.10%
Asset Allocation
| Weighting | Return Low | Return High | VRSGX % Rank | |
|---|---|---|---|---|
| Stocks | 98.21% | 85.75% | 107.62% | 47.81% |
| Cash | 1.79% | 0.00% | 28.78% | 54.74% |
| Preferred Stocks | 0.00% | 0.00% | 4.63% | 92.88% |
| Other | 0.00% | -0.26% | 6.70% | 89.78% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 92.34% |
| Bonds | 0.00% | 0.00% | 2.40% | 92.34% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VRSGX % Rank | |
|---|---|---|---|---|
| Financial Services | 28.28% | 0.00% | 42.95% | 1.09% |
| Technology | 27.93% | 2.91% | 75.51% | 27.55% |
| Communication Services | 15.31% | 0.00% | 15.31% | 0.73% |
| Industrials | 8.29% | 0.00% | 36.64% | 94.34% |
| Consumer Defense | 8.26% | 0.00% | 13.56% | 6.75% |
| Consumer Cyclical | 7.51% | 0.00% | 24.04% | 91.97% |
| Healthcare | 4.42% | 0.00% | 47.90% | 99.09% |
| Utilities | 0.00% | 0.00% | 5.57% | 94.89% |
| Real Estate | 0.00% | 0.00% | 15.31% | 98.36% |
| Energy | 0.00% | 0.00% | 55.49% | 97.81% |
| Basic Materials | 0.00% | 0.00% | 9.24% | 98.18% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VRSGX % Rank | |
|---|---|---|---|---|
| US | 86.07% | 17.30% | 107.62% | 97.99% |
| Non US | 12.14% | 0.00% | 77.12% | 2.37% |
VRSGX - Expenses
Operational Fees
| VRSGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.99% | 0.05% | 23.20% | 72.94% |
| Management Fee | 0.82% | 0.05% | 1.62% | 59.05% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.40% | 63.08% |
Sales Fees
| VRSGX 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
| VRSGX 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.
| VRSGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 264.00% | 7.33% |
VRSGX - Distributions
Dividend Yield Analysis
| VRSGX | Category Low | Category High | VRSGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 95.62% |
Dividend Distribution Analysis
| VRSGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| VRSGX | Category Low | Category High | VRSGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.58% | -2.47% | 1.10% | 37.82% |
Capital Gain Distribution Analysis
| VRSGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $1.763 | CapitalGainLongTerm |
| Dec 21, 2022 | $5.037 | CapitalGainLongTerm |
| Dec 22, 2021 | $6.983 | CapitalGainLongTerm |
| Dec 22, 2020 | $5.158 | CapitalGainLongTerm |
| Dec 20, 2019 | $0.623 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.245 | CapitalGainShortTerm |
| Dec 17, 2018 | $0.439 | CapitalGainLongTerm |
VRSGX - Fund Manager Analysis
Managers
Todd Beiley
Start Date
Tenure
Tenure Rank
Apr 14, 2008
14.14
14.1%
Todd Beiley, CFA, Portfolio Manager | Mr. Beiley is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization financials and producer-durables sectors. Before joining Kayne Anderson Rudnick in 2002, he worked as an Associate Analyst in equity research at Prudential Securities and before that was an Equity Research Associate at RNC Capital Management. He has approximately 14 years of equity research experience. Mr. Beiley earned a B.S. in Finance from Northern Arizona University and an M.B.A. from the University of Southern California. Mr. Beiley is a Chartered Financial Analyst charterholder.
Jon Christensen
Start Date
Tenure
Tenure Rank
Feb 25, 2009
13.27
13.3%
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 |
|---|---|---|---|
| 0.08 | 30.44 | 9.12 | 5.25 |