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Virtus KAR Small-Cap Core Fund
mutual fund
PKSFX
Payout Change
Pending
Price as of:
$62.63
-0.5
-0.79%
primary theme
U.S. Mid-Cap Growth Equity
share class
PKSFX (Mutual Fund)
Virtus KAR Small-Cap Core Fund
Payout Change
Pending
Price as of:
$62.63
-0.5
-0.79%
primary theme
U.S. Mid-Cap Growth Equity
share class
PKSFX (Mutual Fund)
Virtus KAR Small-Cap Core Fund
Payout Change
Pending
Price as of:
$62.63
-0.5
-0.79%
primary theme
U.S. Mid-Cap Growth 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
20.3%
1 yr return
22.4%
3 Yr Avg Return
13.3%
5 Yr Avg Return
15.6%
Net Assets
$2.49 B
Holdings in Top 10
53.1%
52 WEEK LOW AND HIGH
$63.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
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
PKSFX - Profile
Distributions
- YTD Total Return 20.3%
- 3 Yr Annualized Total Return 13.3%
- 5 Yr Annualized Total Return 15.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameVirtus KAR Small-Cap Core Fund
-
Fund Family NameVirtus Funds
-
Inception DateNov 12, 2014
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJon Christensen
Fund Description
The fund pursues long-term capital appreciation in the small capitalization market while seeking to incur less risk than the small capitalization market. The fund invests in a select group of small market capitalization companies believed by the fund’s subadviser to possess sustainable competitive advantages at prices the subadviser deems attractive. 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 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® 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® Index over the past three years was $43,500 to $25.5 billion. Generally, the fund invests in approximately 20 to 40 securities at any given time.
PKSFX - Performance
Return Ranking - Trailing
| Period | PKSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | 4.4% | 113.0% | 48.16% |
| 1 Yr | 22.4% | 9.9% | 118.3% | 51.84% |
| 3 Yr | 13.3%* | -14.1% | 62.2% | 3.73% |
| 5 Yr | 15.6%* | -2.1% | 104.0% | 7.10% |
| 10 Yr | 16.7%* | 3.1% | 26.0% | 4.96% |
* Annualized
Return Ranking - Calendar
| Period | PKSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 27.1% | -27.7% | 68.0% | 10.70% |
| 2022 | -16.4% | -85.6% | 52.8% | 3.91% |
| 2021 | 5.8% | -74.9% | 238.3% | 29.44% |
| 2020 | 12.8% | -44.1% | 2474.5% | 86.67% |
| 2019 | 34.8% | -50.2% | 44.0% | 13.12% |
Total Return Ranking - Trailing
| Period | PKSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | 4.4% | 113.0% | 48.16% |
| 1 Yr | 22.4% | 9.9% | 118.3% | 51.84% |
| 3 Yr | 13.3%* | -14.1% | 62.2% | 3.73% |
| 5 Yr | 15.6%* | -2.1% | 104.0% | 7.10% |
| 10 Yr | 16.7%* | 3.1% | 26.0% | 4.96% |
* Annualized
Total Return Ranking - Calendar
| Period | PKSFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 32.4% | -26.1% | 68.0% | 4.67% |
| 2022 | -10.9% | -67.0% | 56.8% | 6.07% |
| 2021 | 18.9% | -23.5% | 342.2% | 21.17% |
| 2020 | 21.3% | 2.6% | 2549.1% | 87.50% |
| 2019 | 40.2% | 14.6% | 44.8% | 7.74% |
NAV & Total Return History
PKSFX - Holdings
Concentration Analysis
| PKSFX | Category Low | Category High | PKSFX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.49 B | 2.73 M | 100 B | 32.36% |
| Number of Holdings | 29 | 24 | 3569 | 97.87% |
| Net Assets in Top 10 | 1.23 B | 670 K | 11.3 B | 20.93% |
| Weighting of Top 10 | 53.09% | 4.5% | 97.8% | 10.08% |
Top 10 Holdings
- EMCOR Group Inc 9.56%
- Simpson Manufacturing Co Inc 6.73%
- FTI Consulting Inc 5.96%
- Primerica Inc 5.64%
- Dreyfus Government Cash Management 5.26%
- CorVel Corp 5.23%
- Acushnet Holdings Corp 3.76%
- Kadant Inc 3.73%
- Moelis Co 3.68%
- UFP Industries Inc 3.56%
Asset Allocation
| Weighting | Return Low | Return High | PKSFX % Rank | |
|---|---|---|---|---|
| Stocks | 92.39% | 58.72% | 103.99% | 96.51% |
| Cash | 7.61% | 0.00% | 28.07% | 4.26% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 81.78% |
| Other | 0.00% | -0.11% | 14.45% | 85.08% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 80.23% |
| Bonds | 0.00% | 0.00% | 2.73% | 82.36% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PKSFX % Rank | |
|---|---|---|---|---|
| Industrials | 37.06% | 0.00% | 38.23% | 1.74% |
| Financial Services | 27.66% | 0.00% | 43.01% | 2.91% |
| Technology | 16.67% | 0.04% | 62.17% | 89.53% |
| Communication Services | 5.99% | 0.00% | 18.33% | 13.57% |
| Consumer Cyclical | 5.85% | 0.00% | 57.41% | 94.19% |
| Healthcare | 3.24% | 0.00% | 37.06% | 94.57% |
| Consumer Defense | 1.90% | 0.00% | 16.40% | 56.59% |
| Energy | 1.63% | 0.00% | 62.10% | 49.42% |
| Utilities | 0.00% | 0.00% | 12.94% | 86.05% |
| Real Estate | 0.00% | 0.00% | 19.28% | 94.19% |
| Basic Materials | 0.00% | 0.00% | 17.25% | 95.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PKSFX % Rank | |
|---|---|---|---|---|
| US | 88.99% | 46.79% | 103.99% | 95.35% |
| Non US | 3.40% | 0.00% | 34.12% | 14.15% |
PKSFX - Expenses
Operational Fees
| PKSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.02% | 17.54% | 56.98% |
| Management Fee | 0.75% | 0.00% | 1.50% | 60.97% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.00% | 0.40% | 63.69% |
Sales Fees
| PKSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PKSFX 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.
| PKSFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 0.00% | 250.31% | 21.29% |
PKSFX - Distributions
Dividend Yield Analysis
| PKSFX | Category Low | Category High | PKSFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 4.07% |
Dividend Distribution Analysis
| PKSFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| PKSFX | Category Low | Category High | PKSFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.18% | -2.24% | 2.75% | 19.09% |
Capital Gain Distribution Analysis
| PKSFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.269 | OrdinaryDividend |
| Dec 20, 2023 | $0.022 | CapitalGainShortTerm |
| Dec 20, 2023 | $1.852 | CapitalGainLongTerm |
| Dec 21, 2022 | $2.724 | OrdinaryDividend |
| Dec 22, 2021 | $5.905 | OrdinaryDividend |
| Dec 22, 2020 | $3.433 | OrdinaryDividend |
| Jun 22, 2020 | $0.016 | CapitalGainLongTerm |
| Dec 20, 2019 | $0.006 | OrdinaryDividend |
| Dec 20, 2019 | $1.646 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.043 | OrdinaryDividend |
| Dec 17, 2018 | $0.275 | CapitalGainShortTerm |
| Dec 17, 2018 | $0.999 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.043 | CapitalGainLongTerm |
| Jun 22, 2017 | $0.013 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.582 | CapitalGainLongTerm |
| Jun 22, 2016 | $0.783 | CapitalGainLongTerm |
| Dec 22, 2015 | $2.628 | CapitalGainLongTerm |
| Jun 22, 2015 | $0.135 | OrdinaryDividend |
| Jun 22, 2015 | $1.537 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.882 | CapitalGainLongTerm |
| Jun 20, 2014 | $0.231 | CapitalGainShortTerm |
| Jun 20, 2014 | $0.531 | CapitalGainLongTerm |
| Jun 20, 2013 | $0.040 | OrdinaryDividend |
| Jun 20, 2013 | $0.006 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.078 | OrdinaryDividend |
| Jun 21, 2012 | $0.158 | OrdinaryDividend |
| Jun 21, 2012 | $0.331 | CapitalGainLongTerm |
| Jun 22, 2011 | $0.047 | OrdinaryDividend |
| Jun 22, 2011 | $0.590 | CapitalGainLongTerm |
PKSFX - Fund Manager Analysis
Managers
Jon Christensen
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Jon Christensen, CFA, Portfolio Manager | Mr. Christensen is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization health-care sector. Before joining Kayne Anderson Rudnick in 2001, Mr. Christensen was a Portfolio Manager and Senior Research Analyst for Doheny Asset Management and has approximately 18 years of equity research experience. He earned a B.S. in Mathematics/Applied Science from the University of California, Los Angeles, and an M.B.A. from the California State University, Long Beach. Mr. Christensen is a Chartered Financial Analyst charterholder.
Todd Beiley
Start Date
Tenure
Tenure Rank
Feb 25, 2009
13.27
13.3%
Todd Beiley, CFA, Portfolio Manager | Mr. Beiley is a Portfolio Manager and a Senior Research Analyst with primary research responsibilities for the small and mid-capitalization financials and producer-durables sectors. Before joining Kayne Anderson Rudnick in 2002, he worked as an Associate Analyst in equity research at Prudential Securities and before that was an Equity Research Associate at RNC Capital Management. He has approximately 14 years of equity research experience. Mr. Beiley earned a B.S. in Finance from Northern Arizona University and an M.B.A. from the University of Southern California. Mr. Beiley is a Chartered Financial Analyst charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
