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Virtus Duff & Phelps Global Real Estate Securities Fund
mutual fund
VGISX
Payout Change
Pending
Price as of:
$34.62
-0.15
-0.43%
primary theme
International Real Estate
share class
VGISX (Mutual Fund)
Virtus Duff & Phelps Global Real Estate Securities Fund
Payout Change
Pending
Price as of:
$34.62
-0.15
-0.43%
primary theme
International Real Estate
share class
VGISX (Mutual Fund)
Virtus Duff & Phelps Global Real Estate Securities Fund
Payout Change
Pending
Price as of:
$34.62
-0.15
-0.43%
primary theme
International Real Estate
share class
Name
As of 12/13/2024Price
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
7.0%
1 yr return
8.4%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
3.0%
Net Assets
$391 M
Holdings in Top 10
42.4%
52 WEEK LOW AND HIGH
$34.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
VGISX - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.29%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus Duff & Phelps Global Real Estate Securities Fund
-
Fund Family NameVirtus Funds
-
Inception DateNov 03, 2016
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFrank Haggerty
Fund Description
The fund provides global exposure to the real estate securities market, focusing on owners and operators with recurring rental income.
Under normal circumstances, the fund invests at least 80% of its assets in equity securities issued by U.S. and non-U.S companies of any capitalization that are principally engaged in the real estate industry, including common stock, preferred stock and other equity securities issued by real estate companies, such as real estate investment trusts (“REITs”) and similar REIT-like entities. The fund, under normal market conditions, will hold at least 40% of its assets in non-U.S. issuers, unless market conditions outside of the U.S. are deemed less favorable by the portfolio manager, in which case the fund would invest at least 30% of its assets in securities of non-U.S. issuers. Additionally, the fund normally invests in real estate-related securities of issuers in developed countries; however it may invest up to 20% of its assets in issuers incorporated in emerging market countries. The fund concentrates its assets in the real estate industry.
VGISX - Performance
Return Ranking - Trailing
| Period | VGISX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -10.0% | 31.4% | 13.29% |
| 1 Yr | 8.4% | -8.6% | 35.1% | 15.61% |
| 3 Yr | -3.6%* | -17.7% | 16.8% | 38.32% |
| 5 Yr | 3.0%* | -10.5% | 14.8% | 13.50% |
| 10 Yr | 5.5%* | -2.8% | 10.6% | 9.57% |
* Annualized
Return Ranking - Calendar
| Period | VGISX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.0% | -16.8% | 16.7% | 54.97% |
| 2022 | -27.5% | -39.5% | 4.5% | 40.12% |
| 2021 | 27.4% | -0.9% | 30.7% | 7.36% |
| 2020 | -1.5% | -19.7% | 13.7% | 20.25% |
| 2019 | 20.4% | 1.0% | 26.5% | 21.60% |
Total Return Ranking - Trailing
| Period | VGISX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -10.0% | 31.4% | 13.29% |
| 1 Yr | 8.4% | -8.6% | 35.1% | 15.61% |
| 3 Yr | -3.6%* | -17.7% | 16.8% | 38.32% |
| 5 Yr | 3.0%* | -10.5% | 14.8% | 13.50% |
| 10 Yr | 5.5%* | -2.8% | 10.6% | 9.57% |
* Annualized
Total Return Ranking - Calendar
| Period | VGISX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.2% | -14.6% | 23.4% | 63.16% |
| 2022 | -26.9% | -39.5% | 10.1% | 74.25% |
| 2021 | 31.6% | 5.7% | 101.8% | 10.43% |
| 2020 | -1.0% | -17.8% | 14.7% | 28.22% |
| 2019 | 29.8% | 4.3% | 37.2% | 13.58% |
NAV & Total Return History
VGISX - Holdings
Concentration Analysis
| VGISX | Category Low | Category High | VGISX % Rank | |
|---|---|---|---|---|
| Net Assets | 391 M | 4.27 M | 7.48 B | 47.65% |
| Number of Holdings | 54 | 5 | 691 | 79.77% |
| Net Assets in Top 10 | 171 M | 2.13 M | 4.55 B | 39.31% |
| Weighting of Top 10 | 42.36% | 20.1% | 63.7% | 37.21% |
Top 10 Holdings
- Prologis Inc 7.07%
- Welltower Inc 6.27%
- Equinix Inc 5.70%
- AvalonBay Communities Inc 3.90%
- Digital Realty Trust Inc 3.72%
- Simon Property Group Inc 3.66%
- Public Storage 3.50%
- Ventas Inc 3.34%
- American Homes 4 Rent 2.64%
- Vonovia SE 2.56%
Asset Allocation
| Weighting | Return Low | Return High | VGISX % Rank | |
|---|---|---|---|---|
| Stocks | 98.92% | 3.62% | 126.54% | 51.45% |
| Cash | 1.08% | 0.00% | 11.23% | 56.65% |
| Preferred Stocks | 0.00% | 0.00% | 7.25% | 80.92% |
| Other | 0.00% | -33.49% | 101.32% | 84.97% |
| Convertible Bonds | 0.00% | 0.00% | 0.07% | 79.77% |
| Bonds | 0.00% | 0.00% | 22.09% | 81.50% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VGISX % Rank | |
|---|---|---|---|---|
| Real Estate | 99.20% | 72.53% | 100.00% | 28.99% |
| Technology | 0.80% | 0.00% | 4.92% | 21.30% |
| Utilities | 0.00% | 0.00% | 0.96% | 81.66% |
| Industrials | 0.00% | 0.00% | 4.91% | 85.80% |
| Healthcare | 0.00% | 0.00% | 1.54% | 82.84% |
| Financial Services | 0.00% | 0.00% | 9.53% | 85.21% |
| Energy | 0.00% | 0.00% | 0.11% | 80.47% |
| Communication Services | 0.00% | 0.00% | 10.08% | 91.12% |
| Consumer Defense | 0.00% | 0.00% | 0.18% | 82.25% |
| Consumer Cyclical | 0.00% | 0.00% | 13.03% | 97.04% |
| Basic Materials | 0.00% | 0.00% | 1.63% | 81.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VGISX % Rank | |
|---|---|---|---|---|
| US | 63.99% | 0.00% | 102.76% | 30.64% |
| Non US | 34.93% | 0.00% | 99.07% | 58.96% |
VGISX - Expenses
Operational Fees
| VGISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.17% | 0.10% | 36.96% | 62.43% |
| Management Fee | 0.85% | 0.09% | 1.50% | 66.28% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.25% | 68.89% |
Sales Fees
| VGISX 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% | 4.00% | N/A |
Trading Fees
| VGISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| VGISX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.00% | 1.00% | 165.00% | 10.12% |
VGISX - Distributions
Dividend Yield Analysis
| VGISX | Category Low | Category High | VGISX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.52% | 65.32% |
Dividend Distribution Analysis
| VGISX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| VGISX | Category Low | Category High | VGISX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.29% | -0.23% | 3.84% | 56.47% |
Capital Gain Distribution Analysis
| VGISX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.634 | OrdinaryDividend |
| Dec 21, 2022 | $0.246 | OrdinaryDividend |
| Dec 22, 2021 | $1.309 | OrdinaryDividend |
| Dec 22, 2020 | $0.174 | OrdinaryDividend |
| Dec 20, 2019 | $1.745 | OrdinaryDividend |
| Dec 20, 2019 | $0.002 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.773 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.933 | OrdinaryDividend |
| Dec 17, 2018 | $0.010 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.573 | OrdinaryDividend |
| Dec 20, 2017 | $0.018 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.037 | CapitalGainLongTerm |
| Jun 22, 2017 | $0.251 | OrdinaryDividend |
| Dec 21, 2016 | $0.623 | OrdinaryDividend |
| Dec 21, 2016 | $0.040 | CapitalGainShortTerm |
| Dec 21, 2016 | $0.033 | CapitalGainLongTerm |
| Dec 22, 2015 | $0.388 | OrdinaryDividend |
| Dec 22, 2015 | $0.110 | CapitalGainShortTerm |
| Dec 22, 2015 | $0.303 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.695 | OrdinaryDividend |
| Dec 22, 2014 | $0.022 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.069 | CapitalGainLongTerm |
| Dec 20, 2013 | $0.410 | OrdinaryDividend |
| Dec 20, 2013 | $0.032 | CapitalGainShortTerm |
| Dec 20, 2013 | $0.133 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.742 | OrdinaryDividend |
| Dec 21, 2011 | $0.130 | OrdinaryDividend |
| Dec 21, 2011 | $0.143 | CapitalGainShortTerm |
| Dec 21, 2011 | $0.231 | CapitalGainLongTerm |
| Dec 22, 2010 | $1.069 | OrdinaryDividend |
| Dec 22, 2010 | $0.437 | CapitalGainShortTerm |
| Dec 22, 2010 | $0.209 | CapitalGainLongTerm |
| Dec 22, 2009 | $1.571 | OrdinaryDividend |
| Dec 22, 2009 | $0.618 | CapitalGainShortTerm |
| Dec 22, 2009 | $0.028 | CapitalGainLongTerm |
VGISX - Fund Manager Analysis
Managers
Frank Haggerty
Start Date
Tenure
Tenure Rank
Mar 02, 2009
13.25
13.3%
Frank Haggerty is the PM for all dedicated Global Real Estate Securities managed by Duff & Phelps, including the Virtus Duff & Phelps Real Estate Securities Fund; Virtus Duff & Phelps Int’l Real Estate Securities Fund; Virtus Duff & Phelps Global Real Estate Securities Fund; Virtus Duff & Phelps Real Estate Securities Series, a series of the Virtus Variable Insurance Trust; the REIT portfolio within the DNP Select Income Fund Inc., a closed-end fund; and separate institutional accts. He joined Duff & Phelps in 2005 after serving as REIT PM/Sr. Analyst for ABN AMRO Asset Mgmt. He holds a BS from IL State University and an MBA from the Kellstadt Graduate School of Mgmt at DePaul University.
Geoffrey Dybas
Start Date
Tenure
Tenure Rank
Mar 02, 2009
13.25
13.3%
Geoffrey P. Dybas heads the Duff & Phelps’ Global Real Estate Securities team. He is Senior Portfolio Manager and co-founder of all dedicated REIT strategies managed by Duff & Phelps, including the Virtus Real Estate Securities Fund; the Virtus International Real Estate Securities Fund; the Virtus Global Real Estate Securities Fund; the Virtus Real Estate Securities Series, a series of the Virtus Variable Insurance Trust; the REIT portfolio within the DNP Select Income Fund Inc., a closed-end fund; and separate institutional accounts. He joined Duff & Phelps in 1995.Mr. Dybas serves as Senior Portfolio Manager since 2007. He is Senior Portfolio Manager and co-founder for all dedicated REIT portfolios managed by Duff & Phelps, inclusive of the real estate strategies in the Virtus Opportunities Trust. In addition, Mr. Dybas manages the REIT portfolio within the DNP Select Income Fund Inc., a closed-end mutual fund; an affiliated mutual fund series offered under certain universal life insurance and annuity products; and separate institutional accounts Mr. Dybas was a corporate banker for Bank One and began his investment career in 1989. He holds a BS degree, cum laude, from Marquette University and an MBA from the Kellogg School of Management at Northwestern University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 20.42 | 7.12 | 10.42 |
