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Virtus Silvant Focused Growth Fund
mutual fund
PGWAX
Payout Change
Suspended
Price as of:
$89.51
+0.89
+1.0%
primary theme
U.S. Large-Cap Growth Equity
share class
PGWAX (Mutual Fund)
Virtus Silvant Focused Growth Fund
Payout Change
Suspended
Price as of:
$89.51
+0.89
+1.0%
primary theme
U.S. Large-Cap Growth Equity
share class
PGWAX (Mutual Fund)
Virtus Silvant Focused Growth Fund
Payout Change
Suspended
Price as of:
$89.51
+0.89
+1.0%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/24/2024Price
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
41.7%
1 yr return
42.0%
3 Yr Avg Return
12.4%
5 Yr Avg Return
20.9%
Net Assets
$1.42 B
Holdings in Top 10
70.7%
52 WEEK LOW AND HIGH
$88.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.95%
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 12/24/2024Price
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
PGWAX - Profile
Distributions
- YTD Total Return 41.7%
- 3 Yr Annualized Total Return 12.4%
- 5 Yr Annualized Total Return 20.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus Silvant Focused Growth Fund
-
Fund Family NameAllianz Funds
-
Inception DateDec 14, 2015
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRaphael Edelman
Fund Description
The fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The fund is “non-diversified,” which means that it may invest a significant portion of its assets in a relatively small number of issuers, which may increase risk. The fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country), including through American Depositary Receipts (ADRs). In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the fund may invest in securities issued in initial public offerings (IPOs) and real estate investment trusts (REITs). At times, depending on market conditions, the fund may also invest a significant percentage of its assets in a small number of business sectors or industries. The portfolio managers typically select 25 to 35 stocks for the fund’s portfolio.
The portfolio managers attempt to include securities in the fund’s portfolio that exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investments: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services.
PGWAX - Performance
Return Ranking - Trailing
| Period | PGWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 41.7% | -5.9% | 58.1% | 13.09% |
| 1 Yr | 42.0% | -3.8% | 58.7% | 12.45% |
| 3 Yr | 12.4%* | -24.7% | 27.3% | 5.39% |
| 5 Yr | 20.9%* | -14.9% | 31.1% | 4.09% |
| 10 Yr | 16.8%* | -5.6% | 22.1% | 7.38% |
* Annualized
Return Ranking - Calendar
| Period | PGWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 49.8% | -74.1% | 72.4% | 6.48% |
| 2022 | -38.4% | -85.9% | 4.7% | 70.53% |
| 2021 | 1.7% | -52.4% | 60.5% | 70.44% |
| 2020 | 36.5% | -34.3% | 145.0% | 22.60% |
| 2019 | 17.6% | -6.9% | 49.4% | 86.03% |
Total Return Ranking - Trailing
| Period | PGWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 41.7% | -5.9% | 58.1% | 13.09% |
| 1 Yr | 42.0% | -3.8% | 58.7% | 12.45% |
| 3 Yr | 12.4%* | -24.7% | 27.3% | 5.39% |
| 5 Yr | 20.9%* | -14.9% | 31.1% | 4.09% |
| 10 Yr | 16.8%* | -5.6% | 22.1% | 7.38% |
* Annualized
Total Return Ranking - Calendar
| Period | PGWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 53.5% | -4.6% | 72.4% | 3.38% |
| 2022 | -34.5% | -61.7% | 5.6% | 77.76% |
| 2021 | 21.8% | -39.8% | 118.1% | 53.32% |
| 2020 | 48.5% | 2.8% | 149.2% | 16.97% |
| 2019 | 33.8% | -5.2% | 49.4% | 43.02% |
NAV & Total Return History
PGWAX - Holdings
Concentration Analysis
| PGWAX | Category Low | Category High | PGWAX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.42 B | 296 K | 317 B | 51.68% |
| Number of Holdings | 27 | 2 | 3061 | 95.19% |
| Net Assets in Top 10 | 997 M | 126 K | 150 B | 47.46% |
| Weighting of Top 10 | 70.67% | 0.7% | 205.0% | 3.09% |
Top 10 Holdings
- NVIDIA Corp 13.64%
- Microsoft Corp 12.32%
- Apple Inc 11.63%
- Amazon.com Inc 7.16%
- Meta Platforms Inc 5.43%
- Fair Isaac Corp 4.87%
- Eli Lilly Co 4.70%
- Visa Inc 4.17%
- Alphabet Inc 3.45%
- Royal Caribbean Cruises Ltd 3.31%
Asset Allocation
| Weighting | Return Low | Return High | PGWAX % Rank | |
|---|---|---|---|---|
| Stocks | 95.47% | 0.00% | 123.52% | 93.19% |
| Cash | 4.53% | 0.00% | 173.52% | 6.44% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 93.65% |
| Other | 0.00% | -36.56% | 42.58% | 92.38% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 93.55% |
| Bonds | 0.00% | 0.00% | 102.71% | 93.74% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGWAX % Rank | |
|---|---|---|---|---|
| Technology | 39.31% | 0.00% | 65.70% | 33.55% |
| Consumer Cyclical | 18.71% | 0.00% | 62.57% | 24.09% |
| Communication Services | 11.51% | 0.00% | 66.40% | 39.91% |
| Healthcare | 10.76% | 0.00% | 39.76% | 67.18% |
| Financial Services | 8.15% | 0.00% | 43.06% | 61.27% |
| Industrials | 6.31% | 0.00% | 30.65% | 51.91% |
| Consumer Defense | 3.30% | 0.00% | 25.50% | 55.00% |
| Basic Materials | 1.95% | 0.00% | 18.91% | 34.91% |
| Utilities | 0.00% | 0.00% | 16.07% | 95.55% |
| Real Estate | 0.00% | 0.00% | 16.05% | 97.64% |
| Energy | 0.00% | 0.00% | 41.09% | 96.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGWAX % Rank | |
|---|---|---|---|---|
| US | 95.47% | 0.00% | 123.52% | 80.22% |
| Non US | 0.00% | 0.00% | 75.46% | 95.55% |
PGWAX - Expenses
Operational Fees
| PGWAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.95% | 0.01% | 28.71% | 49.82% |
| Management Fee | 0.45% | 0.00% | 1.50% | 23.13% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 60.49% |
| Administrative Fee | 0.10% | 0.01% | 1.02% | 58.72% |
Sales Fees
| PGWAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 2.25% | 8.50% | 62.09% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PGWAX 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.
| PGWAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 316.74% | 73.89% |
PGWAX - Distributions
Dividend Yield Analysis
| PGWAX | Category Low | Category High | PGWAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 96.55% |
Dividend Distribution Analysis
| PGWAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| PGWAX | Category Low | Category High | PGWAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.50% | -6.13% | 3.48% | 64.56% |
Capital Gain Distribution Analysis
| PGWAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2024 | $0.072 | CapitalGainShortTerm |
| Dec 18, 2024 | $3.823 | CapitalGainLongTerm |
| Dec 20, 2023 | $1.610 | CapitalGainLongTerm |
| Dec 21, 2022 | $2.828 | CapitalGainLongTerm |
| Dec 16, 2021 | $13.675 | OrdinaryDividend |
| Dec 17, 2020 | $6.115 | OrdinaryDividend |
| Dec 19, 2019 | $7.046 | CapitalGainLongTerm |
| Dec 20, 2018 | $5.899 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.705 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.003 | OrdinaryDividend |
| Dec 15, 2016 | $0.039 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.970 | CapitalGainLongTerm |
| Dec 10, 2015 | $0.309 | CapitalGainShortTerm |
| Dec 10, 2015 | $2.401 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.166 | OrdinaryDividend |
| Dec 11, 2014 | $0.734 | CapitalGainShortTerm |
| Dec 11, 2014 | $2.837 | CapitalGainLongTerm |
| Dec 19, 2013 | $0.024 | OrdinaryDividend |
| Dec 12, 2013 | $0.903 | CapitalGainShortTerm |
| Dec 12, 2013 | $2.415 | CapitalGainLongTerm |
| Dec 13, 2012 | $2.031 | CapitalGainLongTerm |
| Dec 17, 2009 | $0.015 | OrdinaryDividend |
PGWAX - Fund Manager Analysis
Managers
Raphael Edelman
Start Date
Tenure
Tenure Rank
Jan 29, 2016
6.34
6.3%
Mr. Edelman is a senior portfolio manager, CIO Large Cap Select & Core Growth Equities and a managing director with Allianz Global Investors, which he joined in 2004. He manages the large cap and growth strategies. Mr. Edelman has more than 30 years of investment industry experience. Mr. Edelman previously worked at Alliance Capital Management, where he managed large-cap institutional equity portfolios; before that, he was a research analyst specializing in the consumer products and services sector. Mr. Edelman has a B.A. in history from Columbia College and an M.B.A. in finance from New York University.
Kimberlee Millar
Start Date
Tenure
Tenure Rank
Aug 04, 2021
0.82
0.8%
Ms. Millar is a portfolio manager, analyst and director with Allianz Global Investors, which she joined in 2005. As a generalist for the Disciplined Equities group, her primary responsibility is conducting company research; she also helps improve the group’s overall investment processes and contributes toward its portfolio-management efforts. Ms. Millar has 23 years of investment industry experience. She previously worked as an assistant economist at the Investment Company Institute in Washington, D.C., producing mutual-fund-industry research for investment-management firms’ research and marketing departments. Before that, Ms. Millar worked at Heiden Associates Inc., an economic consulting firm in Washington, D.C. She has a B.A. in economics from the University of Calgary, Canada, and an M.A. in economics from Queen’s University, Canada. Ms. Millar is a CFA charterholder and a member of the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
