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Trending ETFs

Virtus KAR Small-Mid Cap Growth Fund

mutual fund
VAKSX
Payout Change
None
Price as of:
$11.32 +0.17 +1.52%
primary theme
U.S. Mid-Cap Growth Equity
VAKSX (Mutual Fund)

Virtus KAR Small-Mid Cap Growth Fund

Payout Change
None
Price as of:
$11.32 +0.17 +1.52%
primary theme
U.S. Mid-Cap Growth Equity
VAKSX (Mutual Fund)

Virtus KAR Small-Mid Cap Growth Fund

Payout Change
None
Price as of:
$11.32 +0.17 +1.52%
primary theme
U.S. Mid-Cap Growth Equity

Name

As of 11/05/2024

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

$11.32

$11.2 M

0.00%

2.24%

Vitals

YTD Return

14.9%

1 yr return

31.6%

3 Yr Avg Return

0.3%

5 Yr Avg Return

N/A

Net Assets

$11.2 M

Holdings in Top 10

48.7%

52 WEEK LOW AND HIGH

$11.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.24%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$100


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/05/2024

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

$11.32

$11.2 M

0.00%

2.24%

VAKSX - Profile

Distributions

  • YTD Total Return 14.9%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Virtus KAR Small-Mid Cap Growth Fund
  • Fund Family Name
    Virtus Funds
  • Inception Date
    Dec 08, 2020
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Julie Biel

Fund Description

The fund pursues long-term capital appreciation in the small and medium market capitalization sectors while seeking to incur less risk than the small- and mid-cap growth markets. The fund invests in a select group of small and mid capitalization companies believed by the subadviser to possess sustainable competitive advantages at prices the subadviser deems attractive. The investment strategy emphasizes companies the subadviser believes to have a sustainable competitive advantage, strong management and low financial risk and to be able to grow over market cycles. 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- and mid-market capitalization companies. As of the date of this Prospectus, the fund’s subadviser considers small- and mid-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 2500TM Growth Index on a rolling three-year basis. On this basis, as of September 30, 2023, the market capitalization range of companies included in the Russell 2500TM Growth Index over the past three years was $1.21 million to $40.8 billion. Generally, the fund invests in approximately 20 to 35 securities at any given time.

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VAKSX - Performance

Return Ranking - Trailing

Period VAKSX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -11.5% 91.2% 48.85%
1 Yr 31.6% 11.9% 81.9% 52.10%
3 Yr 0.3%* -27.5% 55.2% 26.97%
5 Yr N/A* -2.9% 101.3% N/A
10 Yr N/A* 2.3% 25.1% N/A

* Annualized

Return Ranking - Calendar

Period VAKSX Return Category Return Low Category Return High Rank in Category (%)
2023 18.7% -27.7% 68.0% 54.60%
2022 -22.8% -85.6% 52.8% 10.21%
2021 5.2% -74.9% 238.3% 30.56%
2020 N/A -44.1% 2474.5% N/A
2019 N/A -50.2% 44.0% N/A

Total Return Ranking - Trailing

Period VAKSX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.9% -11.5% 91.2% 48.85%
1 Yr 31.6% 11.9% 81.9% 52.10%
3 Yr 0.3%* -27.5% 55.2% 26.97%
5 Yr N/A* -2.9% 101.3% N/A
10 Yr N/A* 2.3% 25.1% N/A

* Annualized

Total Return Ranking - Calendar

Period VAKSX Return Category Return Low Category Return High Rank in Category (%)
2023 18.7% -26.1% 68.0% 65.33%
2022 -22.8% -67.0% 56.8% 18.69%
2021 5.2% -23.5% 342.2% 84.52%
2020 N/A 2.6% 2549.1% N/A
2019 N/A 14.6% 44.8% N/A

NAV & Total Return History


VAKSX - Holdings

Concentration Analysis

VAKSX Category Low Category High VAKSX % Rank
Net Assets 11.2 M 2.73 M 100 B 98.47%
Number of Holdings 27 24 3581 98.85%
Net Assets in Top 10 3.46 M 670 K 11.3 B 98.47%
Weighting of Top 10 48.65% 4.5% 98.2% 12.40%

Top 10 Holdings

  1. Fair Isaac Corp 6.55%
  2. Ryan Specialty Holdings Inc 5.98%
  3. HEICO Corp 5.50%
  4. Copperleaf Technologies Inc 5.41%
  5. West Pharmaceutical Services Inc 4.47%
  6. Tyler Technologies Inc 4.36%
  7. Bentley Systems Inc 4.25%
  8. HealthEquity Inc 4.12%
  9. Rightmove PLC 4.09%
  10. Saia Inc 3.93%

Asset Allocation

Weighting Return Low Return High VAKSX % Rank
Stocks
95.92% 58.72% 103.99% 89.69%
Cash
4.08% 0.00% 28.07% 14.50%
Preferred Stocks
0.00% 0.00% 5.73% 86.83%
Other
0.00% -0.04% 14.45% 87.21%
Convertible Bonds
0.00% 0.00% 0.40% 85.50%
Bonds
0.00% 0.00% 2.73% 86.26%

Stock Sector Breakdown

Weighting Return Low Return High VAKSX % Rank
Technology
31.68% 0.04% 62.17% 53.05%
Industrials
22.56% 0.00% 38.23% 6.68%
Healthcare
21.79% 0.00% 37.06% 19.47%
Financial Services
11.45% 0.00% 43.01% 25.38%
Communication Services
4.47% 0.00% 18.33% 23.85%
Consumer Cyclical
4.19% 0.00% 57.41% 96.76%
Consumer Defense
3.86% 0.00% 16.40% 22.33%
Utilities
0.00% 0.00% 12.94% 90.27%
Real Estate
0.00% 0.00% 19.28% 97.33%
Energy
0.00% 0.00% 62.10% 93.51%
Basic Materials
0.00% 0.00% 17.25% 95.80%

Stock Geographic Breakdown

Weighting Return Low Return High VAKSX % Rank
US
90.51% 46.79% 103.99% 91.41%
Non US
5.41% 0.00% 34.12% 11.45%

VAKSX - Expenses

Operational Fees

VAKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.24% 0.02% 17.54% 4.58%
Management Fee 0.75% 0.00% 1.50% 62.72%
12b-1 Fee 0.25% 0.00% 1.00% 61.51%
Administrative Fee 0.10% 0.00% 0.40% 65.14%

Sales Fees

VAKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.00% 5.75% 73.02%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VAKSX 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.

VAKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 250.31% 16.84%

VAKSX - Distributions

Dividend Yield Analysis

VAKSX Category Low Category High VAKSX % Rank
Dividend Yield 0.00% 0.00% 33.43% 90.27%

Dividend Distribution Analysis

VAKSX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual Annual

Net Income Ratio Analysis

VAKSX Category Low Category High VAKSX % Rank
Net Income Ratio -1.05% -2.24% 2.75% 83.33%

Capital Gain Distribution Analysis

VAKSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

VAKSX - Fund Manager Analysis

Managers

Julie Biel


Start Date

Tenure

Tenure Rank

Dec 08, 2020

1.48

1.5%

Before joining Kayne Anderson Rudnick in 2013, Ms. Biel worked at Imperial Capital as an Equity Research Associate. Prior to business school, Ms. Biel was an Equity Research Associate at Merrill Lynch. She has approximately 11 years of equity research experience. Ms. Biel earned a B.A., in Economics and Psychology from New York University and an M.B.A. from the University of California, Los Angeles. Ms. Biel is a Chartered Financial Analyst charterholder.

Chris Wright


Start Date

Tenure

Tenure Rank

Mar 31, 2022

0.17

0.2%

Before joining Kayne Anderson Rudnick in 2012, Mr. Wright worked at Alvarez & Marsalas a Senior Associate in Turnarounds and Restructuring and at HoulihanLokeyHoward & Zukinas an Associate in the Investment Banking Financial Institutions Group. He has approximately seven years of equity research experience. Mr. Wright earned a B.S.E., concentration in Finance, from the Wharton School at the University of Pennsylvania and an M.B.A. from the University of California, Los Angeles where he was selected for the Student Investment Fund. Mr. Wright is a Chartered Financial Analyst charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.4 11.76