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Virtus Duff & Phelps Global Infrastructure Fund
mutual fund
PGIUX
Payout Change
Pending
Price as of:
$14.93
-0.04
-0.27%
primary theme
Infrastructure Industry Equity
share class
PGIUX (Mutual Fund)
Virtus Duff & Phelps Global Infrastructure Fund
Payout Change
Pending
Price as of:
$14.93
-0.04
-0.27%
primary theme
Infrastructure Industry Equity
share class
PGIUX (Mutual Fund)
Virtus Duff & Phelps Global Infrastructure Fund
Payout Change
Pending
Price as of:
$14.93
-0.04
-0.27%
primary theme
Infrastructure Industry Equity
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
11.3%
1 yr return
12.7%
3 Yr Avg Return
2.4%
5 Yr Avg Return
4.1%
Net Assets
$146 M
Holdings in Top 10
40.8%
52 WEEK LOW AND HIGH
$15.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
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
PGIUX - Profile
Distributions
- YTD Total Return 11.3%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 4.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.15%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVirtus Duff & Phelps Global Infrastructure Fund
-
Fund Family NameVirtus Funds
-
Inception DateJan 30, 2018
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerConnie Luecke
Fund Description
The fund invests globally in infrastructure companies involved in the energy, utility, transportation, and communications industries. Infrastructure companies are believed by the subadviser to exhibit attractive risk/return characteristics, offer moderate-to-high income and moderate growth, and be defensive in nature.
Under normal market conditions, the fund invests at least 80% of its assets in dividend paying equity securities of infrastructure companies that are located in three or more countries, one of which will be the United States. Under normal market conditions, the fund will invest at least 25% of its assets in securities of U.S. issuers. Although the fund concentrates its investments in infrastructure companies, it may invest up to 20% of its assets in securities of issuers that are not infrastructure companies, including stocks, real estate investment trusts (“REITS”) and similar REIT-like entities, debt obligations, money market securities and money market mutual funds, as well as certain derivative instruments. To the extent the fund purchases non-infrastructure stocks, they may be of issuers of any capitalization. When investing in debt obligations, the fund will invest primarily in investment grade debt obligations, although it may invest in high-yield, high-risk fixed income securities (junk bonds).
PGIUX - Performance
Return Ranking - Trailing
| Period | PGIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.3% | -9.5% | 27.9% | 35.87% |
| 1 Yr | 12.7% | -4.0% | 35.9% | 36.96% |
| 3 Yr | 2.4%* | -11.8% | 16.3% | 56.52% |
| 5 Yr | 4.1%* | -1.1% | 20.6% | 69.33% |
| 10 Yr | 5.8%* | 3.0% | 8.8% | 36.17% |
* Annualized
Return Ranking - Calendar
| Period | PGIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.4% | -17.5% | 30.1% | 82.61% |
| 2022 | -16.9% | -28.1% | -3.4% | 92.39% |
| 2021 | 6.9% | -28.7% | 35.7% | 54.02% |
| 2020 | -3.2% | -12.5% | 28.8% | 44.00% |
| 2019 | 21.9% | 9.9% | 33.6% | 67.57% |
Total Return Ranking - Trailing
| Period | PGIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.3% | -9.5% | 27.9% | 35.87% |
| 1 Yr | 12.7% | -4.0% | 35.9% | 36.96% |
| 3 Yr | 2.4%* | -11.8% | 16.3% | 56.52% |
| 5 Yr | 4.1%* | -1.1% | 20.6% | 69.33% |
| 10 Yr | 5.8%* | 3.0% | 8.8% | 36.17% |
* Annualized
Total Return Ranking - Calendar
| Period | PGIUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.2% | -15.6% | 31.0% | 81.52% |
| 2022 | -7.5% | -27.1% | -0.5% | 47.83% |
| 2021 | 13.9% | -3.5% | 36.4% | 56.32% |
| 2020 | -0.3% | -11.2% | 29.9% | 34.67% |
| 2019 | 28.2% | 16.7% | 35.3% | 43.24% |
NAV & Total Return History
PGIUX - Holdings
Concentration Analysis
| PGIUX | Category Low | Category High | PGIUX % Rank | |
|---|---|---|---|---|
| Net Assets | 146 M | 1.83 M | 8.77 B | 57.61% |
| Number of Holdings | 47 | 26 | 233 | 59.78% |
| Net Assets in Top 10 | 61.2 M | 823 K | 5.61 B | 51.09% |
| Weighting of Top 10 | 40.83% | 8.2% | 62.5% | 48.91% |
Top 10 Holdings
- Aena SME SA 6.33%
- NextEra Energy Inc 6.17%
- American Tower Corp 5.27%
- Union Pacific Corp 4.35%
- National Grid PLC 3.84%
- Sempra 3.62%
- Norfolk Southern Corp 3.20%
- Southern Co/The 2.76%
- Flughafen Zurich AG 2.75%
- Cheniere Energy Inc 2.55%
Asset Allocation
| Weighting | Return Low | Return High | PGIUX % Rank | |
|---|---|---|---|---|
| Stocks | 97.82% | 86.92% | 101.95% | 57.61% |
| Cash | 2.18% | 0.00% | 8.62% | 34.78% |
| Preferred Stocks | 0.00% | 0.00% | 2.81% | 63.04% |
| Other | 0.00% | -0.22% | 3.96% | 58.70% |
| Convertible Bonds | 0.00% | 0.00% | 2.46% | 63.04% |
| Bonds | 0.00% | 0.00% | 6.41% | 63.04% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGIUX % Rank | |
|---|---|---|---|---|
| Utilities | 41.73% | 3.71% | 96.19% | 54.35% |
| Industrials | 29.58% | 0.00% | 68.24% | 42.39% |
| Energy | 16.67% | 0.00% | 32.46% | 38.04% |
| Real Estate | 9.23% | 0.00% | 23.51% | 31.52% |
| Communication Services | 2.80% | 0.00% | 27.53% | 56.52% |
| Technology | 0.00% | 0.00% | 25.65% | 82.61% |
| Healthcare | 0.00% | 0.00% | 6.54% | 61.96% |
| Financial Services | 0.00% | 0.00% | 17.28% | 64.13% |
| Consumer Defense | 0.00% | 0.00% | 0.99% | 65.22% |
| Consumer Cyclical | 0.00% | 0.00% | 10.02% | 64.13% |
| Basic Materials | 0.00% | 0.00% | 25.54% | 73.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGIUX % Rank | |
|---|---|---|---|---|
| US | 60.23% | 1.96% | 99.99% | 10.87% |
| Non US | 37.60% | 0.00% | 97.95% | 91.30% |
PGIUX - Expenses
Operational Fees
| PGIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.05% | 0.30% | 10.15% | 67.39% |
| Management Fee | 0.65% | 0.30% | 1.00% | 15.22% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.04% | 0.15% | 84.62% |
Sales Fees
| PGIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| PGIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| PGIUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 13.00% | 128.00% | 26.47% |
PGIUX - Distributions
Dividend Yield Analysis
| PGIUX | Category Low | Category High | PGIUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.73% | 0.00% | 5.50% | 32.61% |
Dividend Distribution Analysis
| PGIUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
| PGIUX | Category Low | Category High | PGIUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.15% | -0.39% | 4.38% | 67.05% |
Capital Gain Distribution Analysis
| PGIUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 19, 2024 | $0.104 | OrdinaryDividend |
| Mar 21, 2024 | $0.046 | OrdinaryDividend |
| Dec 21, 2023 | $0.055 | OrdinaryDividend |
| Dec 21, 2023 | $0.110 | CapitalGainLongTerm |
| Sep 21, 2023 | $0.070 | OrdinaryDividend |
| Jun 22, 2023 | $0.088 | OrdinaryDividend |
| Mar 16, 2023 | $0.039 | OrdinaryDividend |
| Dec 22, 2022 | $1.432 | OrdinaryDividend |
| Sep 22, 2022 | $0.051 | OrdinaryDividend |
| Jun 16, 2022 | $0.040 | OrdinaryDividend |
| Mar 17, 2022 | $0.042 | OrdinaryDividend |
| Dec 22, 2021 | $0.892 | OrdinaryDividend |
| Sep 22, 2021 | $0.041 | OrdinaryDividend |
| Jun 22, 2021 | $0.073 | OrdinaryDividend |
| Mar 23, 2021 | $0.050 | OrdinaryDividend |
| Dec 22, 2020 | $0.235 | OrdinaryDividend |
| Sep 22, 2020 | $0.061 | OrdinaryDividend |
| Jun 22, 2020 | $0.041 | OrdinaryDividend |
| Mar 23, 2020 | $0.069 | OrdinaryDividend |
| Dec 20, 2019 | $0.094 | OrdinaryDividend |
| Dec 20, 2019 | $0.519 | CapitalGainLongTerm |
| Sep 20, 2019 | $0.040 | OrdinaryDividend |
| Sep 20, 2019 | $0.019 | CapitalGainLongTerm |
| Jun 20, 2019 | $0.096 | OrdinaryDividend |
| Mar 21, 2019 | $0.057 | OrdinaryDividend |
| Dec 17, 2018 | $0.097 | OrdinaryDividend |
| Dec 17, 2018 | $0.105 | CapitalGainShortTerm |
| Dec 17, 2018 | $0.441 | CapitalGainLongTerm |
| Sep 20, 2018 | $0.056 | OrdinaryDividend |
| Jun 21, 2018 | $0.101 | OrdinaryDividend |
| Mar 21, 2018 | $0.069 | OrdinaryDividend |
| Dec 20, 2017 | $0.100 | OrdinaryDividend |
| Dec 20, 2017 | $0.147 | CapitalGainShortTerm |
| Sep 21, 2017 | $0.066 | OrdinaryDividend |
| Jun 22, 2017 | $0.099 | OrdinaryDividend |
| Mar 23, 2017 | $0.073 | OrdinaryDividend |
| Dec 21, 2016 | $0.079 | OrdinaryDividend |
| Dec 21, 2016 | $0.385 | CapitalGainLongTerm |
| Sep 22, 2016 | $0.080 | OrdinaryDividend |
| Jun 22, 2016 | $0.109 | OrdinaryDividend |
| Mar 22, 2016 | $0.035 | OrdinaryDividend |
| Dec 22, 2015 | $0.139 | OrdinaryDividend |
| Dec 22, 2015 | $0.895 | CapitalGainLongTerm |
| Sep 22, 2015 | $0.110 | OrdinaryDividend |
| Jun 22, 2015 | $0.109 | OrdinaryDividend |
| Mar 23, 2015 | $0.049 | OrdinaryDividend |
| Dec 22, 2014 | $0.163 | OrdinaryDividend |
| Dec 22, 2014 | $0.134 | CapitalGainLongTerm |
| Sep 22, 2014 | $0.200 | OrdinaryDividend |
| Jun 20, 2014 | $0.210 | OrdinaryDividend |
| Mar 21, 2014 | $0.185 | OrdinaryDividend |
| Dec 20, 2013 | $0.110 | OrdinaryDividend |
| Sep 20, 2013 | $0.079 | OrdinaryDividend |
| Jun 20, 2013 | $0.128 | OrdinaryDividend |
| Mar 20, 2013 | $0.067 | OrdinaryDividend |
| Dec 20, 2012 | $0.103 | OrdinaryDividend |
| Sep 20, 2012 | $0.083 | OrdinaryDividend |
| Jun 21, 2012 | $0.110 | OrdinaryDividend |
| Mar 22, 2012 | $0.074 | OrdinaryDividend |
| Dec 21, 2011 | $0.110 | OrdinaryDividend |
| Sep 22, 2011 | $0.107 | OrdinaryDividend |
| Jun 22, 2011 | $0.107 | OrdinaryDividend |
| Mar 23, 2011 | $0.039 | OrdinaryDividend |
| Dec 22, 2010 | $0.097 | OrdinaryDividend |
| Sep 22, 2010 | $0.096 | OrdinaryDividend |
| Jun 22, 2010 | $0.086 | OrdinaryDividend |
| Mar 23, 2010 | $0.057 | OrdinaryDividend |
| Dec 22, 2009 | $0.075 | OrdinaryDividend |
| Sep 22, 2009 | $0.092 | OrdinaryDividend |
| Jun 22, 2009 | $0.086 | OrdinaryDividend |
| Mar 23, 2009 | $0.062 | OrdinaryDividend |
| Dec 22, 2008 | $0.086 | OrdinaryDividend |
| Dec 22, 2008 | $0.077 | CapitalGainLongTerm |
PGIUX - Fund Manager Analysis
Managers
Connie Luecke
Start Date
Tenure
Tenure Rank
Dec 30, 2004
17.43
17.4%
Connie M. Luecke joined Duff & Phelps in 1992 and serves as Senior Managing Director. Ms. Luecke is also Vice President and Chief Investment Officer of the DNP Select Income Fund Inc. Connie M. Luecke serves as co-portfolio manager of the Virtus Global Infrastructure Fund and as senior telecommunications analyst of the DNP Select Income Fund, Inc. She has been a Senior Vice President of Duff & Phelps since January 1998 and was previously Managing Director of Duff & Phelps from 1996-1998. From 1992-1995, Ms. Luecke was employed by Duff & Phelps Investment Research Co., where she served as Managing Director (1995), Vice President (1994), Assistant Vice President (1993) and Analyst (1992). Ms. Luecke concentrates her research on the global telecommunications and transportation infrastructure industries. Prior to joining Duff & Phelps, Connie was a financial valuation consultant with Coopers & Lybrand for two years and research assistant with Harris Associates L.P. for six years. She holds a BS degree from DePaul University and an MBA from Loyola University of Chicago.
Steven Wittwer
Start Date
Tenure
Tenure Rank
Sep 28, 2018
3.67
3.7%
Steven Wittwer, Senior Managing Director, is the Head of the Infrastructure Group and a Senior Portfolio Manager for the firm’s Global Listed Infrastructure Strategy. Mr. Wittwer joined the firm in 2017 as a Senior Analyst and concentrated his research on the global communications, transportation, and utilities sectors. Prior to joining Duff & Phelps, Mr. Wittwer was a Portfolio Manager and Senior Equity Analyst at Great Lakes Advisors in Chicago. He also previously worked for UBS Global Asset Management for 14 years in various capacities, including functioning as the Global Head of their Global Telecom team, conducting research in the U.S., Asia, and Europe, and serving as a key participant on the UBS Global Technology team. He holds a BBA in Accounting from the Wisconsin School of Business, University of Wisconsin, and an MBA in Finance from the Ross School of Business, University of Michigan-Ann Arbor. He is a Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA, inactive).
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 18.18 | 5.81 | 8.08 |
