Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Virtus Ceredex Large-Cap Value Equity Fund
mutual fund
STVZX
Payout Change
Pending
Price as of:
$10.25
+0.13
+1.28%
primary theme
U.S. Large-Cap Value Equity
share class
STVZX (Mutual Fund)
Virtus Ceredex Large-Cap Value Equity Fund
Payout Change
Pending
Price as of:
$10.25
+0.13
+1.28%
primary theme
U.S. Large-Cap Value Equity
share class
STVZX (Mutual Fund)
Virtus Ceredex Large-Cap Value Equity Fund
Payout Change
Pending
Price as of:
$10.25
+0.13
+1.28%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 01/13/2025Price
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
Vitals
YTD Return
1.5%
1 yr return
13.6%
3 Yr Avg Return
3.4%
5 Yr Avg Return
7.7%
Net Assets
$625 M
Holdings in Top 10
26.6%
52 WEEK LOW AND HIGH
$10.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.88%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 159.00%
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 01/13/2025Price
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
STVZX - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return 3.4%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.05%
- Dividend Yield 3.6%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus Ceredex Large-Cap Value Equity Fund
-
Fund Family NameVirtus Funds
-
Inception DateAug 01, 2014
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMills Riddick
Fund Description
Under normal circumstances, the fund invests at least 80% of its net assets in U.S.-traded equity securities of large-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (“ADRs”). As of the date of this prospectus, the fund’s subadviser considers large-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 1000® Value Index. As of December 31, 2023, the market capitalization range of the companies in the Russell 1000® Value Index was $270 million to $773 billion. As a result of its investment strategy, the fund’s portfolio turnover rate may be 100% or more and the fund may focus its investments in one or more sectors.
In selecting investments for purchase and sale, the subadviser chooses companies that it believes are undervalued in the market relative to the industry sector and the company’s own valuation history. The subadviser evaluates potential catalysts that may cause an upward re-rating of the stock’s valuation. The common stocks purchased for the fund generally pay dividends at the time of purchase or are expected to pay dividends soon after their purchase.
STVZX - Performance
Return Ranking - Trailing
| Period | STVZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.5% | -3.9% | 1.2% | 5.16% |
| 1 Yr | 13.6% | -15.1% | 45.8% | 64.04% |
| 3 Yr | 3.4%* | -5.5% | 15.6% | 83.71% |
| 5 Yr | 7.7%* | -2.1% | 43.4% | 77.68% |
| 10 Yr | N/A* | 1.2% | 24.8% | 52.60% |
* Annualized
Return Ranking - Calendar
| Period | STVZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | -9.6% | -79.4% | 47.5% | 95.59% |
| 2023 | 11.8% | -16.9% | 46.1% | 18.70% |
| 2022 | -22.9% | -64.7% | 4.6% | 93.71% |
| 2021 | -4.8% | -44.2% | 57.5% | 98.53% |
| 2020 | -2.5% | -23.2% | 285.0% | 66.43% |
Total Return Ranking - Trailing
| Period | STVZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.5% | -3.9% | 1.2% | 5.16% |
| 1 Yr | 13.6% | -15.1% | 45.8% | 64.04% |
| 3 Yr | 3.4%* | -5.5% | 15.6% | 83.71% |
| 5 Yr | 7.7%* | -2.1% | 43.4% | 77.68% |
| 10 Yr | N/A* | 1.2% | 24.8% | 48.94% |
* Annualized
Total Return Ranking - Calendar
| Period | STVZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | 10.9% | -17.4% | 47.5% | 80.09% |
| 2023 | 15.1% | -15.9% | 46.7% | 21.15% |
| 2022 | -13.8% | -42.0% | 8.5% | 95.90% |
| 2021 | 25.8% | 3.6% | 129.7% | 51.23% |
| 2020 | 4.0% | -22.6% | 304.8% | 39.20% |
NAV & Total Return History
STVZX - Holdings
Concentration Analysis
| STVZX | Category Low | Category High | STVZX % Rank | |
|---|---|---|---|---|
| Net Assets | 625 M | 2.09 M | 163 B | 57.50% |
| Number of Holdings | 49 | 2 | 1727 | 81.52% |
| Net Assets in Top 10 | 171 M | 466 K | 39.5 B | 58.54% |
| Weighting of Top 10 | 26.64% | 4.8% | 99.1% | 54.32% |
Top 10 Holdings
- FedEx Corp 2.98%
- Deere Co 2.77%
- Schlumberger NV 2.70%
- Chesapeake Energy Corp 2.69%
- Bank of America Corp 2.65%
- Revvity Inc 2.64%
- Willis Towers Watson PLC 2.62%
- Chevron Corp 2.56%
- IDEX Corp 2.53%
- Prologis Inc 2.50%
Asset Allocation
| Weighting | Return Low | Return High | STVZX % Rank | |
|---|---|---|---|---|
| Stocks | 97.11% | 4.16% | 109.25% | 73.08% |
| Cash | 2.89% | 0.00% | 17.28% | 22.61% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 73.92% |
| Other | 0.00% | -2.59% | 39.89% | 74.95% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 73.23% |
| Bonds | 0.00% | 0.00% | 97.99% | 73.45% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | STVZX % Rank | |
|---|---|---|---|---|
| Industrials | 22.58% | 0.00% | 42.76% | 0.66% |
| Healthcare | 16.85% | 0.00% | 30.08% | 59.75% |
| Financial Services | 14.61% | 0.00% | 58.05% | 86.65% |
| Basic Materials | 13.29% | 0.00% | 20.01% | 0.66% |
| Technology | 10.97% | 0.00% | 54.02% | 45.74% |
| Real Estate | 7.39% | 0.00% | 90.54% | 5.40% |
| Consumer Cyclical | 5.67% | 0.00% | 22.74% | 50.28% |
| Communication Services | 3.68% | 0.00% | 26.58% | 77.46% |
| Consumer Defense | 3.50% | 0.00% | 34.10% | 92.23% |
| Utilities | 1.45% | 0.00% | 27.04% | 82.29% |
| Energy | 0.00% | 0.00% | 54.00% | 98.39% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | STVZX % Rank | |
|---|---|---|---|---|
| US | 97.11% | 4.16% | 105.42% | 55.07% |
| Non US | 0.00% | 0.00% | 24.08% | 78.52% |
STVZX - Expenses
Operational Fees
| STVZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.88% | 0.03% | 14.82% | 53.01% |
| Management Fee | 0.69% | 0.00% | 1.50% | 75.54% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.50% | 54.55% |
Sales Fees
| STVZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| STVZX 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.
| STVZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 159.00% | 0.00% | 488.00% | 95.29% |
STVZX - Distributions
Dividend Yield Analysis
| STVZX | Category Low | Category High | STVZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.61% | 0.00% | 16.67% | 60.19% |
Dividend Distribution Analysis
| STVZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Monthly | Annual |
Net Income Ratio Analysis
| STVZX | Category Low | Category High | STVZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.05% | -1.51% | 4.28% | 67.82% |
Capital Gain Distribution Analysis
| STVZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2024 | $0.183 | OrdinaryDividend |
| Dec 18, 2024 | $0.926 | CapitalGainShortTerm |
| Dec 18, 2024 | $0.982 | CapitalGainLongTerm |
| Dec 20, 2023 | $0.201 | OrdinaryDividend |
| Dec 20, 2023 | $0.026 | CapitalGainShortTerm |
| Jun 22, 2023 | $0.085 | CapitalGainLongTerm |
| Dec 21, 2022 | $0.749 | OrdinaryDividend |
| Jun 22, 2022 | $0.396 | OrdinaryDividend |
| Dec 22, 2021 | $3.738 | OrdinaryDividend |
| Jun 22, 2021 | $0.309 | CapitalGainLongTerm |
| Dec 22, 2020 | $0.221 | OrdinaryDividend |
| Jun 22, 2020 | $0.549 | OrdinaryDividend |
| Dec 20, 2019 | $0.229 | OrdinaryDividend |
| Dec 20, 2019 | $0.103 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.665 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.107 | CapitalGainShortTerm |
| Dec 17, 2018 | $2.827 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.311 | OrdinaryDividend |
| Jun 21, 2018 | $0.181 | CapitalGainLongTerm |
| Jun 21, 2018 | $0.004 | OrdinaryDividend |
| Dec 20, 2017 | $0.286 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.992 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.195 | OrdinaryDividend |
| Sep 28, 2017 | $0.090 | ExtraDividend |
| Sep 28, 2017 | $1.276 | CapitalGainLongTerm |
STVZX - Fund Manager Analysis
Managers
Mills Riddick
Start Date
Tenure
Tenure Rank
Dec 31, 1995
26.43
26.4%
Mills Riddick, CFA, Chief Investment Officer of Ceredex, manages the portion of the Large Cap Disciplined Equity Fund's assets allocated to Ceredex. He has worked in investment management since 1982. In 1989, Mr. Riddick joined Trusco Capital Management (Trusco) (now known as Virtus Fund Advisers, LLC), Ceredex's predecessor firm. After joining Trusco, he assumed a lead client service role and took on portfolio management responsibilities. Mr. Riddick started with the growth strategy and subsequently began working for the large cap value strategy that he manages today. In 1995, Mr. Riddick became the strategy's sole portfolio manager and was appointed head of the Value Equity team. Mr. Riddick held both of these positions without interruption from 1995 until 2008. During this time, Mr. Riddick played a lead role in crafting Trusco's equity investment philosophy and assembling its team of professionals who are dedicated to value equity. In recent years, Mr. Riddick led Ceredex's transition from an investment boutique integrated within Trusco to an independently managed firm. His efforts contributed to Ceredex's eventual incorporation and registration with the SEC. Ceredex began operating as an independent registered investment adviser on March 31, 2008.
Jennifer Graff
Start Date
Tenure
Tenure Rank
Nov 01, 2021
0.58
0.6%
Jennifer Graff is a director and senior research analyst with Ceredex Value Advisors. She is responsible for covering the industrials and materials sectors. Ms. Graff has been with Ceredex since 2001, initially starting with its predecessor firm, Trusco Capital Management. Ms. Graff earned a B.A. in psychology from the University of Central Florida. She is a Chartered Financial Analyst (CFA®) charterholder since 2003.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
