Virtus KAR Health Sciences Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.4%
1 yr return
4.6%
3 Yr Avg Return
3.2%
5 Yr Avg Return
9.5%
Net Assets
$148 M
Holdings in Top 10
49.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.39%
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 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RAGHX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.04%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus KAR Health Sciences Fund
-
Fund Family NameAllianz Funds
-
Inception DateJul 13, 2020
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Pirsch
Fund Description
The fund pursues long-term capital appreciation in health sciences-related companies. The fund invests in a select group of health science-related companies believed by the fund’s subadviser to possess sustainable competitive advantages at prices the subadviser deems attractive.
The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in health sciences-related companies. The fund considers health sciences-related companies to include companies that design, manufacture or sell products or services used for or in connection with healthcare, medicine or life sciences. The fund will invest primarily in common stocks and other equity securities. Although the fund may invest in companies of any market capitalization, the fund does not currently intend to invest more than 15% of its assets in companies with market capitalizations below $1 billion. The fund may invest in U.S. and non-U.S. companies. The fund may invest in securities issued in initial public offerings (IPOs). Generally, the fund invests in approximately 25 to 40 securities at any given time.
RAGHX - Performance
Return Ranking - Trailing
Period | RAGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -23.7% | 16.9% | 61.96% |
1 Yr | 4.6% | -20.8% | 20.1% | 58.90% |
3 Yr | 3.2%* | -31.9% | 12.7% | 35.26% |
5 Yr | 9.5%* | -5.6% | 14.8% | 32.12% |
10 Yr | 10.0%* | 0.1% | 13.8% | 37.38% |
* Annualized
Return Ranking - Calendar
Period | RAGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -12.6% | 19.0% | 42.33% |
2022 | -19.4% | -53.9% | 3.2% | 81.41% |
2021 | 2.4% | -39.6% | 24.2% | 38.46% |
2020 | -0.8% | -13.6% | 178.2% | 96.03% |
2019 | 18.4% | 3.8% | 63.8% | 71.85% |
Total Return Ranking - Trailing
Period | RAGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -23.7% | 16.9% | 61.96% |
1 Yr | 4.6% | -20.8% | 20.1% | 58.90% |
3 Yr | 3.2%* | -31.9% | 12.7% | 35.26% |
5 Yr | 9.5%* | -5.6% | 14.8% | 32.12% |
10 Yr | 10.0%* | 0.1% | 13.8% | 37.38% |
* Annualized
Total Return Ranking - Calendar
Period | RAGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -12.6% | 19.0% | 63.80% |
2022 | -11.8% | -53.9% | 3.7% | 53.21% |
2021 | 25.4% | -33.9% | 26.0% | 2.56% |
2020 | 13.6% | -0.7% | 180.6% | 80.13% |
2019 | 26.6% | 4.6% | 63.8% | 45.19% |
NAV & Total Return History
RAGHX - Holdings
Concentration Analysis
RAGHX | Category Low | Category High | RAGHX % Rank | |
---|---|---|---|---|
Net Assets | 148 M | 7.41 M | 47.2 B | 69.33% |
Number of Holdings | 29 | 23 | 420 | 98.16% |
Net Assets in Top 10 | 70.1 M | 2.19 M | 20.5 B | 69.33% |
Weighting of Top 10 | 49.24% | 18.1% | 77.0% | 36.20% |
Top 10 Holdings
- Eli Lilly Co 9.27%
- UnitedHealth Group Inc 5.43%
- IDEXX Laboratories Inc 4.81%
- AbbVie Inc 4.72%
- Cooper Cos Inc/The 4.71%
- Zoetis Inc 4.41%
- Merck Co Inc 4.08%
- Vertex Pharmaceuticals Inc 4.04%
- West Pharmaceutical Services Inc 3.93%
- Danaher Corp 3.83%
Asset Allocation
Weighting | Return Low | Return High | RAGHX % Rank | |
---|---|---|---|---|
Stocks | 99.17% | 87.17% | 106.13% | 31.29% |
Cash | 0.83% | 0.00% | 34.44% | 73.62% |
Preferred Stocks | 0.00% | 0.00% | 7.86% | 82.21% |
Other | 0.00% | -22.99% | 23.31% | 75.46% |
Convertible Bonds | 0.00% | 0.00% | 0.37% | 72.15% |
Bonds | 0.00% | 0.00% | 12.39% | 71.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RAGHX % Rank | |
---|---|---|---|---|
Healthcare | 96.35% | 59.26% | 100.00% | 96.84% |
Basic Materials | 2.90% | 0.00% | 7.16% | 5.70% |
Consumer Defense | 0.74% | 0.00% | 25.73% | 4.43% |
Utilities | 0.00% | 0.00% | 0.00% | 69.62% |
Technology | 0.00% | 0.00% | 22.69% | 72.15% |
Real Estate | 0.00% | 0.00% | 5.89% | 71.52% |
Industrials | 0.00% | 0.00% | 7.02% | 72.15% |
Financial Services | 0.00% | 0.00% | 1.60% | 74.68% |
Energy | 0.00% | 0.00% | 0.00% | 69.62% |
Communication Services | 0.00% | 0.00% | 9.11% | 69.62% |
Consumer Cyclical | 0.00% | 0.00% | 1.92% | 70.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RAGHX % Rank | |
---|---|---|---|---|
US | 99.17% | 66.21% | 104.41% | 24.54% |
Non US | 0.00% | 0.00% | 28.58% | 82.82% |
RAGHX - Expenses
Operational Fees
RAGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.39% | 0.08% | 4.28% | 34.97% |
Management Fee | 0.80% | 0.03% | 1.25% | 71.78% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 50.00% |
Administrative Fee | 0.10% | 0.03% | 0.25% | 39.47% |
Sales Fees
RAGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 66.67% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
RAGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
RAGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 238.00% | 91.19% |
RAGHX - Distributions
Dividend Yield Analysis
RAGHX | Category Low | Category High | RAGHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.25% | 82.21% |
Dividend Distribution Analysis
RAGHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
RAGHX | Category Low | Category High | RAGHX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.04% | -2.54% | 1.85% | 35.26% |
Capital Gain Distribution Analysis
RAGHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
RAGHX - Fund Manager Analysis
Managers
Peter Pirsch
Start Date
Tenure
Tenure Rank
Mar 22, 2018
4.19
4.2%
Mr. Pirsch is a senior portfolio manager, a senior analyst and a director with Allianz Global Investors, which he joined in 2018. He has management and research responsibilities for the Health Care team. Mr. Pirsch has 20 years of investment-industry experience. He previously worked at Aptigon Capital, Visium Asset Management, Surveyor Capital, Fred Alger Management and C.R. Bard. Before that, Mr. Pirsch was an associate director at UBS Investment Bank and an analyst at Wells Fargo. He has a B.A. in economics and international relations from Bucknell University, and an M.B.A. with a certificate in health sector management from Duke University, Fuqua School of Business. Mr. Pirsch is a CFA charterholder.
Christopher Chin
Start Date
Tenure
Tenure Rank
Aug 27, 2020
1.76
1.8%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 24.72 | 7.84 | 0.25 |