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Virtus NFJ Large-Cap Value Fund
mutual fund
PNBCX
Payout Change
Pending
Price as of:
$29.83
-0.13
-0.43%
primary theme
U.S. Large-Cap Value Equity
share class
PNBCX (Mutual Fund)
Virtus NFJ Large-Cap Value Fund
Payout Change
Pending
Price as of:
$29.83
-0.13
-0.43%
primary theme
U.S. Large-Cap Value Equity
share class
PNBCX (Mutual Fund)
Virtus NFJ Large-Cap Value Fund
Payout Change
Pending
Price as of:
$29.83
-0.13
-0.43%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/10/2024Price
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
10.5%
1 yr return
16.0%
3 Yr Avg Return
3.5%
5 Yr Avg Return
7.2%
Net Assets
$288 M
Holdings in Top 10
24.2%
52 WEEK LOW AND HIGH
$30.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.76%
SALES FEES
Front Load N/A
Deferred Load 1.00%
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 12/10/2024Price
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
PNBCX - Profile
Distributions
- YTD Total Return 10.5%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.06%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVirtus NFJ Large-Cap Value Fund
-
Fund Family NameAllianz Funds
-
Inception DateOct 29, 2021
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Magnuson
Fund Description
The fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in common stocks and other equity securities of companies with large market capitalizations. The fund currently considers a company’s market capitalization to be large if it equals or exceeds $5 billion. The fund normally invests significantly in securities that the portfolio managers expect will generate income (for example, by paying dividends). The portfolio managers use a value investing style focusing on companies whose securities the portfolio managers believe have attractive valuation and fundamental strength. The portfolio managers partition the fund’s selection universe by industry and then identify what they believe to be the most attractively valued securities in each industry. While the fund’s portfolio selections are guided by this analysis, the fund’s industry allocations may deviate from those of its primary benchmark and typically represent a broad range of industry groups. The portfolio managers use initial parameters and quantitative tools to narrow the fund’s selection universe and also review and consider fundamental changes. After narrowing the universe through a combination of qualitative analysis and fundamental research, the portfolio managers select securities for the fund. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the fund may invest up to 25% of its assets in real estate investment trusts (REITs) and real estate-related investments, and a portion of its assets in non-U.S. securities (including through American Depositary Receipts (ADRs)), including emerging market securities. The fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.
PNBCX - Performance
Return Ranking - Trailing
| Period | PNBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.5% | -12.3% | 50.7% | 94.94% |
| 1 Yr | 16.0% | -3.7% | 64.1% | 94.57% |
| 3 Yr | 3.5%* | -4.2% | 31.8% | 96.77% |
| 5 Yr | 7.2%* | 0.1% | 45.7% | 93.27% |
| 10 Yr | 7.0%* | 1.9% | 25.5% | 92.06% |
* Annualized
Return Ranking - Calendar
| Period | PNBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.9% | -16.9% | 46.1% | 28.58% |
| 2022 | -29.0% | -64.7% | 4.6% | 98.01% |
| 2021 | 18.5% | -44.2% | 57.5% | 40.70% |
| 2020 | 0.5% | -23.2% | 285.0% | 42.03% |
| 2019 | 20.7% | -21.4% | 48.5% | 37.09% |
Total Return Ranking - Trailing
| Period | PNBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.5% | -12.3% | 50.7% | 94.94% |
| 1 Yr | 16.0% | -3.7% | 64.1% | 94.57% |
| 3 Yr | 3.5%* | -4.2% | 31.8% | 96.77% |
| 5 Yr | 7.2%* | 0.1% | 45.7% | 93.27% |
| 10 Yr | 7.0%* | 1.9% | 25.5% | 92.06% |
* Annualized
Total Return Ranking - Calendar
| Period | PNBCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.6% | -15.9% | 46.7% | 16.87% |
| 2022 | -15.5% | -42.0% | 8.5% | 97.34% |
| 2021 | 25.2% | 3.6% | 129.7% | 58.12% |
| 2020 | 1.2% | -22.6% | 304.8% | 67.10% |
| 2019 | 23.7% | -12.7% | 52.1% | 72.11% |
NAV & Total Return History
PNBCX - Holdings
Concentration Analysis
| PNBCX | Category Low | Category High | PNBCX % Rank | |
|---|---|---|---|---|
| Net Assets | 288 M | 126 K | 163 B | 71.68% |
| Number of Holdings | 94 | 2 | 1727 | 38.79% |
| Net Assets in Top 10 | 72.7 M | 466 K | 39.5 B | 74.30% |
| Weighting of Top 10 | 24.20% | 4.4% | 99.1% | 70.04% |
Top 10 Holdings
- NextEra Energy Inc 3.08%
- Alexandria Real Estate Equities Inc 2.69%
- Eversource Energy 2.66%
- TransUnion 2.47%
- UnitedHealth Group Inc 2.40%
- Bank of America Corp 2.29%
- SBA Communications Corp 2.21%
- JPMorgan Chase Co 2.17%
- PNC Financial Services Group Inc/The 2.13%
- Rexford Industrial Realty Inc 2.08%
Asset Allocation
| Weighting | Return Low | Return High | PNBCX % Rank | |
|---|---|---|---|---|
| Stocks | 98.79% | 4.16% | 102.49% | 41.87% |
| Cash | 1.21% | 0.00% | 17.28% | 55.61% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 87.38% |
| Other | 0.00% | -2.59% | 39.89% | 86.36% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 87.14% |
| Bonds | 0.00% | 0.00% | 97.99% | 87.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PNBCX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.64% | 0.00% | 58.05% | 47.45% |
| Technology | 16.89% | 0.00% | 54.02% | 15.09% |
| Industrials | 15.00% | 0.00% | 42.76% | 10.00% |
| Healthcare | 13.57% | 0.00% | 30.08% | 85.19% |
| Communication Services | 8.50% | 0.00% | 26.58% | 12.64% |
| Consumer Cyclical | 7.28% | 0.00% | 22.74% | 31.42% |
| Energy | 5.82% | 0.00% | 54.00% | 76.51% |
| Basic Materials | 4.36% | 0.00% | 21.69% | 26.04% |
| Real Estate | 4.19% | 0.00% | 90.54% | 30.85% |
| Utilities | 2.78% | 0.00% | 27.04% | 71.89% |
| Consumer Defense | 1.97% | 0.00% | 34.10% | 95.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PNBCX % Rank | |
|---|---|---|---|---|
| US | 98.79% | 4.16% | 102.49% | 32.34% |
| Non US | 0.00% | 0.00% | 24.08% | 88.88% |
PNBCX - Expenses
Operational Fees
| PNBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.76% | 0.03% | 14.82% | 10.79% |
| Management Fee | 0.45% | 0.00% | 1.50% | 27.55% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 98.35% |
| Administrative Fee | 0.10% | 0.00% | 0.50% | 58.05% |
Sales Fees
| PNBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 0.95% | 5.00% | 91.27% |
Trading Fees
| PNBCX 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.
| PNBCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 488.00% | 90.39% |
PNBCX - Distributions
Dividend Yield Analysis
| PNBCX | Category Low | Category High | PNBCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.46% | 0.00% | 16.67% | 19.36% |
Dividend Distribution Analysis
| PNBCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| PNBCX | Category Low | Category High | PNBCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.06% | -1.51% | 4.28% | 95.31% |
Capital Gain Distribution Analysis
| PNBCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 19, 2024 | $0.035 | OrdinaryDividend |
| Mar 21, 2024 | $0.020 | OrdinaryDividend |
| Dec 21, 2023 | $0.092 | OrdinaryDividend |
| Dec 21, 2023 | $0.496 | CapitalGainShortTerm |
| Dec 21, 2023 | $0.972 | CapitalGainLongTerm |
| Sep 21, 2023 | $0.037 | OrdinaryDividend |
| Jun 22, 2023 | $0.029 | OrdinaryDividend |
| Mar 16, 2023 | $0.010 | OrdinaryDividend |
| Dec 22, 2022 | $4.639 | OrdinaryDividend |
| Sep 22, 2022 | $0.020 | OrdinaryDividend |
| Jun 16, 2022 | $0.005 | OrdinaryDividend |
| Dec 16, 2021 | $1.913 | OrdinaryDividend |
| Mar 18, 2021 | $0.025 | OrdinaryDividend |
| Dec 17, 2020 | $0.000 | OrdinaryDividend |
| Jun 18, 2020 | $0.038 | OrdinaryDividend |
| Mar 19, 2020 | $0.107 | OrdinaryDividend |
| Dec 19, 2019 | $0.043 | OrdinaryDividend |
| Dec 19, 2019 | $0.507 | CapitalGainLongTerm |
| Sep 19, 2019 | $0.021 | OrdinaryDividend |
| Jun 20, 2019 | $0.058 | OrdinaryDividend |
| Mar 21, 2019 | $0.074 | OrdinaryDividend |
| Dec 20, 2018 | $0.000 | OrdinaryDividend |
| Dec 20, 2018 | $0.050 | CapitalGainLongTerm |
| Sep 20, 2018 | $0.031 | OrdinaryDividend |
| Jun 21, 2018 | $0.049 | OrdinaryDividend |
| Mar 22, 2018 | $0.025 | OrdinaryDividend |
| Dec 21, 2017 | $0.017 | OrdinaryDividend |
| Sep 21, 2017 | $0.120 | OrdinaryDividend |
| Jun 22, 2017 | $0.061 | OrdinaryDividend |
| Mar 16, 2017 | $0.026 | OrdinaryDividend |
| Dec 22, 2016 | $0.000 | OrdinaryDividend |
| Sep 22, 2016 | $0.041 | OrdinaryDividend |
| Jun 16, 2016 | $0.066 | OrdinaryDividend |
| Mar 17, 2016 | $0.058 | OrdinaryDividend |
| Dec 17, 2015 | $0.029 | OrdinaryDividend |
| Sep 17, 2015 | $0.043 | OrdinaryDividend |
| Jun 18, 2015 | $0.061 | OrdinaryDividend |
| Mar 19, 2015 | $0.038 | OrdinaryDividend |
| Dec 18, 2014 | $0.000 | OrdinaryDividend |
| Sep 18, 2014 | $0.037 | OrdinaryDividend |
| Jun 19, 2014 | $0.038 | OrdinaryDividend |
| Mar 20, 2014 | $0.039 | OrdinaryDividend |
| Dec 19, 2013 | $0.058 | OrdinaryDividend |
| Sep 19, 2013 | $0.038 | OrdinaryDividend |
| Jun 20, 2013 | $0.045 | OrdinaryDividend |
| Mar 21, 2013 | $0.045 | OrdinaryDividend |
| Dec 20, 2012 | $0.000 | OrdinaryDividend |
| Sep 20, 2012 | $0.039 | OrdinaryDividend |
| Jun 21, 2012 | $0.054 | OrdinaryDividend |
| Mar 22, 2012 | $0.030 | OrdinaryDividend |
| Dec 22, 2011 | $0.076 | OrdinaryDividend |
| Sep 22, 2011 | $0.056 | OrdinaryDividend |
| Jun 16, 2011 | $0.042 | OrdinaryDividend |
| Mar 17, 2011 | $0.041 | OrdinaryDividend |
| Dec 16, 2010 | $0.056 | OrdinaryDividend |
| Sep 16, 2010 | $0.041 | OrdinaryDividend |
| Jun 17, 2010 | $0.051 | OrdinaryDividend |
| Mar 18, 2010 | $0.051 | OrdinaryDividend |
| Sep 17, 2009 | $0.028 | OrdinaryDividend |
| Jun 18, 2009 | $0.034 | OrdinaryDividend |
| Mar 19, 2009 | $0.074 | OrdinaryDividend |
| Dec 18, 2008 | $0.013 | OrdinaryDividend |
| Sep 18, 2008 | $0.070 | OrdinaryDividend |
| Jun 19, 2008 | $0.051 | OrdinaryDividend |
| Mar 20, 2008 | $0.063 | OrdinaryDividend |
| Dec 13, 2007 | $0.137 | CapitalGainShortTerm |
| Dec 13, 2007 | $0.155 | CapitalGainLongTerm |
| Sep 20, 2007 | $0.038 | OrdinaryDividend |
| Jun 21, 2007 | $0.036 | OrdinaryDividend |
| Mar 22, 2007 | $0.057 | OrdinaryDividend |
| Dec 14, 2006 | $0.158 | CapitalGainShortTerm |
| Dec 14, 2006 | $0.248 | CapitalGainLongTerm |
| Sep 21, 2006 | $0.027 | OrdinaryDividend |
| Jun 22, 2006 | $0.026 | OrdinaryDividend |
| Mar 23, 2006 | $0.038 | OrdinaryDividend |
| Dec 16, 2005 | $0.043 | OrdinaryDividend |
| Dec 13, 2005 | $0.190 | CapitalGainShortTerm |
| Dec 13, 2005 | $0.180 | CapitalGainLongTerm |
| Sep 22, 2005 | $0.025 | OrdinaryDividend |
| Jun 23, 2005 | $0.034 | OrdinaryDividend |
PNBCX - Fund Manager Analysis
Managers
Paul Magnuson
Start Date
Tenure
Tenure Rank
May 08, 2000
22.08
22.1%
Paul Magnuson is a managing director and senior portfolio manager/analyst at NFJ Investment Group. He serves as a co-lead portfolio manager of the NFJ Mid Cap Value and NFJ Small Cap Value strategies. In 2010, he was nominated for Domestic-Stock Fund Manager of the Year by Morningstar. Prior to joining NFJ in 1992, Mr. Magnuson was a quantitative analyst in the trust investment department at NationsBank. Mr. Magnuson earned a B.B.A. in finance from the University of Nebraska.
Thomas Oliver
Start Date
Tenure
Tenure Rank
Sep 15, 2008
13.72
13.7%
Thomas Oliver is a managing director and senior portfolio manager/analyst at NFJ Investment Group. He serves as a co-lead portfolio manager of the NFJ Dividend Value, NFJ Large Cap Value and NFJ All Cap Value strategies. Prior to joining NFJ in 2005, Mr. Oliver was a manager of corporate reporting at Perot Systems and an auditor at Deloitte & Touche. Mr. Oliver earned a B.B.A. and an M.B.A. from the University of Texas. He is a Chartered Financial Analyst® (CFA®) charterholder and has his Certified Public Accountant (CPA) designation. He began his career in the investment industry in 1995.
R. McKinney
Start Date
Tenure
Tenure Rank
Nov 01, 2010
11.59
11.6%
Mr. McKinney is a portfolio manager, an analyst and a managing director with Allianz Global Investors. As a member of the Value Equity US Team, he is the product team co-lead for the Dividend Value investment strategy. Before joining the firm in 2006, he was an equity analyst covering the energy sector for Evergreen Investments, an investment-banking analyst at Alex. Brown & Sons, a vice president in equity research at Merrill Lynch and an equity analyst at Morgan Stanley. Mr. McKinney has a B.A. in economics from Dartmouth College and an M.B.A. from The Wharton School, The University of Pennsylvania. He is a CFA charterholder.
Jeff Reed
Start Date
Tenure
Tenure Rank
Nov 01, 2011
10.59
10.6%
Jeff Reed is a managing director and senior portfolio manager/analyst at NFJ Investment Group. He serves as a co-lead portfolio manager of the NFJ Dividend Value, NFJ Large Cap Value and NFJ All Cap Value strategies. Prior to joining NFJ in 2007, Mr. Reed was a credit analyst at Frost Bank. Mr. Reed earned a B.B.A. in finance from Texas Christian University and an M.B.A. from the University of Texas, McCombs School of Business. He is a Chartered Financial Analyst® (CFA®) charterholder. He began his career in the investment industry in 2004.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
