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Virtus KAR Small-Cap Value Fund
mutual fund
VQSRX
Payout Change
Pending
Price as of:
$28.69
-0.23
-0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
VQSRX (Mutual Fund)
Virtus KAR Small-Cap Value Fund
Payout Change
Pending
Price as of:
$28.69
-0.23
-0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
VQSRX (Mutual Fund)
Virtus KAR Small-Cap Value Fund
Payout Change
Pending
Price as of:
$28.69
-0.23
-0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/09/2024Price
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
17.6%
1 yr return
24.5%
3 Yr Avg Return
2.7%
5 Yr Avg Return
10.5%
Net Assets
$812 M
Holdings in Top 10
44.6%
52 WEEK LOW AND HIGH
$28.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.89%
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 12/09/2024Price
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
VQSRX - Profile
Distributions
- YTD Total Return 17.6%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus KAR Small-Cap Value Fund
-
Fund Family NameVirtus Funds
-
Inception DateNov 03, 2016
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJulie Kutasov
Fund Description
The fund pursues long-term capital appreciation in the small market capitalization sector while seeking to incur less risk than the small capitalization value market. The fund invests in a select group of small market capitalization companies believed by the fund’s subadviser to be undervalued relative to their future growth potential. 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 American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs).
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® Value 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® Value Index over the past three years was $43,500 to $25.5 billion. Generally, the fund invests in approximately 25 to 35 securities at any given time.
VQSRX - Performance
Return Ranking - Trailing
| Period | VQSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.6% | 2.0% | 88.6% | 75.56% |
| 1 Yr | 24.5% | 7.4% | 90.1% | 82.22% |
| 3 Yr | 2.7%* | -13.9% | 63.4% | 42.21% |
| 5 Yr | 10.5%* | -2.4% | 48.3% | 36.01% |
| 10 Yr | N/A* | 2.2% | 25.7% | 65.34% |
* Annualized
Return Ranking - Calendar
| Period | VQSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.4% | -20.5% | 54.6% | 42.94% |
| 2022 | -26.5% | -82.1% | 32.2% | 25.70% |
| 2021 | 17.4% | -90.6% | 300.1% | 4.53% |
| 2020 | 27.1% | -63.0% | 127.9% | 55.38% |
| 2019 | 23.9% | -7.7% | 42.9% | 42.45% |
Total Return Ranking - Trailing
| Period | VQSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.6% | 2.0% | 88.6% | 75.56% |
| 1 Yr | 24.5% | 7.4% | 90.1% | 82.22% |
| 3 Yr | 2.7%* | -13.9% | 63.4% | 42.21% |
| 5 Yr | 10.5%* | -2.4% | 48.3% | 36.01% |
| 10 Yr | N/A* | 2.2% | 25.7% | 63.57% |
* Annualized
Total Return Ranking - Calendar
| Period | VQSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.2% | -19.0% | 136.8% | 25.09% |
| 2022 | -24.2% | -59.9% | 44.3% | 27.20% |
| 2021 | 19.6% | -22.7% | 411.9% | 14.91% |
| 2020 | 28.2% | 1.5% | 150.8% | 74.36% |
| 2019 | 25.0% | 5.5% | 55.3% | 75.65% |
NAV & Total Return History
VQSRX - Holdings
Concentration Analysis
| VQSRX | Category Low | Category High | VQSRX % Rank | |
|---|---|---|---|---|
| Net Assets | 812 M | 209 K | 34.3 B | 43.52% |
| Number of Holdings | 30 | 7 | 1226 | 96.30% |
| Net Assets in Top 10 | 347 M | 53.8 K | 3.02 B | 39.63% |
| Weighting of Top 10 | 44.62% | 7.5% | 100.0% | 8.72% |
Top 10 Holdings
- Houlihan Lokey Inc 6.25%
- Watsco Inc 5.36%
- Construction Partners Inc 4.77%
- Primerica Inc 4.45%
- RBC Bearings Inc 4.36%
- Armstrong World Industries Inc 4.17%
- Thor Industries Inc 4.12%
- Hillman Solutions Corp 4.06%
- Landstar System Inc 3.59%
- HB Fuller Co 3.48%
Asset Allocation
| Weighting | Return Low | Return High | VQSRX % Rank | |
|---|---|---|---|---|
| Stocks | 97.63% | 92.05% | 107.62% | 63.15% |
| Cash | 2.37% | 0.00% | 28.78% | 45.56% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 50.74% |
| Other | 0.00% | -0.26% | 6.70% | 61.85% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 46.30% |
| Bonds | 0.00% | 0.00% | 2.40% | 45.74% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VQSRX % Rank | |
|---|---|---|---|---|
| Industrials | 36.64% | 0.00% | 36.64% | 0.37% |
| Financial Services | 20.08% | 0.00% | 42.95% | 2.96% |
| Consumer Cyclical | 18.74% | 0.00% | 24.04% | 3.89% |
| Technology | 8.29% | 2.91% | 75.51% | 98.52% |
| Basic Materials | 6.66% | 0.00% | 9.24% | 2.22% |
| Healthcare | 6.47% | 0.00% | 47.90% | 96.67% |
| Consumer Defense | 3.12% | 0.00% | 13.56% | 65.37% |
| Utilities | 0.00% | 0.00% | 5.57% | 62.22% |
| Real Estate | 0.00% | 0.00% | 15.31% | 85.19% |
| Energy | 0.00% | 0.00% | 55.49% | 86.85% |
| Communication Services | 0.00% | 0.00% | 15.31% | 91.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VQSRX % Rank | |
|---|---|---|---|---|
| US | 97.63% | 17.30% | 107.62% | 54.44% |
| Non US | 0.00% | 0.00% | 77.12% | 57.22% |
VQSRX - Expenses
Operational Fees
| VQSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.89% | 0.05% | 23.20% | 83.86% |
| Management Fee | 0.70% | 0.05% | 1.62% | 28.20% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.40% | 57.59% |
Sales Fees
| VQSRX 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
| VQSRX 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.
| VQSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 264.00% | 5.50% |
VQSRX - Distributions
Dividend Yield Analysis
| VQSRX | Category Low | Category High | VQSRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 2.41% |
Dividend Distribution Analysis
| VQSRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| VQSRX | Category Low | Category High | VQSRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.46% | -2.47% | 1.10% | 3.00% |
Capital Gain Distribution Analysis
| VQSRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.209 | OrdinaryDividend |
| Dec 20, 2023 | $0.574 | CapitalGainLongTerm |
| Dec 21, 2022 | $0.660 | OrdinaryDividend |
| Dec 22, 2021 | $0.513 | OrdinaryDividend |
| Dec 22, 2020 | $0.217 | OrdinaryDividend |
| Dec 20, 2019 | $0.173 | OrdinaryDividend |
| Dec 17, 2018 | $0.222 | OrdinaryDividend |
| Dec 17, 2018 | $0.014 | CapitalGainShortTerm |
| Dec 17, 2018 | $0.175 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.021 | OrdinaryDividend |
| Dec 20, 2017 | $0.020 | CapitalGainShortTerm |
| Dec 20, 2017 | $0.274 | CapitalGainLongTerm |
| Jun 22, 2017 | $0.054 | OrdinaryDividend |
| Jun 22, 2017 | $0.652 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.218 | OrdinaryDividend |
| Dec 21, 2016 | $0.250 | CapitalGainLongTerm |
VQSRX - Fund Manager Analysis
Managers
Julie Kutasov
Start Date
Tenure
Tenure Rank
Apr 14, 2008
14.14
14.1%
Julie Kutasov is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization energy and financials sectors. Before joining Kayne Anderson Rudnick in 2001, she worked at Goldman Sachs in a program focused on investment management for high-net worth individuals and at Arthur Andersen as a Senior Associate leading teams that provided financial-audit and business-advisory services to a variety of clients in service-related industries. Ms. Kutasov holds a Certified Public Accountant license (currently inactive) in the state of California. She has approximately 16 years of equity research experience. Ms. Kutasov earned a B.A. in Business Economics from the University of California, Los Angeles, where she graduated summa cum laude, and an M.B.A. from Harvard Business School.
Craig Stone
Start Date
Tenure
Tenure Rank
Feb 25, 2009
13.27
13.3%
Craig Stone is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization producer-durables sector. He has approximately 29 years of equity research experience. Before joining Kayne Anderson Rudnick in 2000, Mr. Stone was a Portfolio Manager at Doheny Asset Management. He earned a B.S. in International Business from San Francisco State University and an M.B.A. from the University of Southern California.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
