Virtus Silvant Large-Cap Growth Stock Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.7%
1 yr return
38.2%
3 Yr Avg Return
11.1%
5 Yr Avg Return
17.8%
Net Assets
$156 M
Holdings in Top 10
60.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 5.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
STCIX - Profile
Distributions
- YTD Total Return 9.7%
- 3 Yr Annualized Total Return 11.1%
- 5 Yr Annualized Total Return 17.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.75%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
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Legal NameVirtus Silvant Large-Cap Growth Stock Fund
-
Fund Family NameVirtus Funds
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Inception DateAug 01, 2014
-
Shares OutstandingN/A
-
Share ClassA
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CurrencyUSD
-
Domiciled CountryUS
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ManagerMichael Sansoterra
Fund Description
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks and other U.S.-traded equity securities of large-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (“ADRs”). The subadviser considers large-capitalization companies to be companies with market capitalizations generally within those of companies in the Russell 1000® Growth Index. As of December 31, 2022 the market capitalization range of the companies in the Russell 1000® Growth Index was $306.42 million to $2.07 trillion. As a result of its investment strategy, the fund may focus its investments in one or more sectors.
The subadviser will seek out securities it believes have strong business fundamentals, such as revenue growth, improving cash flows, increasing margins and positive earning trends.
In selecting investments for purchase and sale, the subadviser chooses companies that it believes have above-average growth potential to beat expectations. The subadviser uses a “bottom-up” process based on company fundamentals.
Risk controls are in place to assist in maintaining a portfolio that is diversified by sector and minimizes unintended risks relative to the primary benchmark. The subadviser then performs in-depth fundamental analysis to determine the quality and sustainability of expectations to determine whether or not the company is poised to beat expectations. The subadviser also applies proprietary quantitative models to rank stocks based on improving fundamentals, valuation, capital deployment and efficiency and sentiment or behavior factors. The fund is non-diversified under federal securities laws.
STCIX - Performance
Return Ranking - Trailing
Period | STCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -15.5% | 20.9% | 24.81% |
1 Yr | 38.2% | -22.1% | 61.0% | 13.56% |
3 Yr | 11.1%* | -31.0% | 22.5% | 1.58% |
5 Yr | 17.8%* | -16.4% | 29.0% | 4.45% |
10 Yr | N/A* | -5.7% | 18.8% | 63.47% |
* Annualized
Return Ranking - Calendar
Period | STCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 43.7% | -74.1% | 72.4% | 15.66% |
2022 | -34.4% | -85.9% | 4.7% | 52.58% |
2021 | 9.5% | -52.4% | 60.5% | 45.58% |
2020 | 21.0% | -34.3% | 145.0% | 68.65% |
2019 | 16.7% | -21.8% | 49.4% | 88.26% |
Total Return Ranking - Trailing
Period | STCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -15.5% | 20.9% | 24.81% |
1 Yr | 38.2% | -22.1% | 61.0% | 13.56% |
3 Yr | 11.1%* | -31.0% | 22.5% | 1.58% |
5 Yr | 17.8%* | -16.4% | 29.0% | 4.45% |
10 Yr | N/A* | -5.7% | 18.8% | 73.63% |
* Annualized
Total Return Ranking - Calendar
Period | STCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 49.0% | -4.6% | 72.4% | 9.98% |
2022 | -29.4% | -61.7% | 5.6% | 39.90% |
2021 | 30.0% | -39.8% | 118.1% | 6.99% |
2020 | 35.9% | 2.8% | 149.2% | 46.10% |
2019 | 34.0% | -5.2% | 49.4% | 42.64% |
NAV & Total Return History
STCIX - Holdings
Concentration Analysis
STCIX | Category Low | Category High | STCIX % Rank | |
---|---|---|---|---|
Net Assets | 156 M | 242 K | 269 B | 82.15% |
Number of Holdings | 62 | 1 | 3217 | 48.90% |
Net Assets in Top 10 | 83.6 M | 104 K | 111 B | 79.98% |
Weighting of Top 10 | 60.17% | 0.7% | 205.0% | 10.67% |
Top 10 Holdings
- Microsoft Corp 13.32%
- Apple Inc 12.71%
- NVIDIA Corp 7.03%
- Amazon.com Inc 6.61%
- Meta Platforms Inc 4.43%
- Eli Lilly Co 4.16%
- Alphabet Inc 3.77%
- Alphabet Inc 3.30%
- Visa Inc 2.55%
- Mastercard Inc 2.28%
Asset Allocation
Weighting | Return Low | Return High | STCIX % Rank | |
---|---|---|---|---|
Stocks | 99.77% | 0.00% | 130.05% | 15.12% |
Cash | 0.23% | -1.50% | 173.52% | 81.33% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 88.34% |
Other | 0.00% | -43.49% | 50.04% | 85.22% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 86.55% |
Bonds | 0.00% | 0.00% | 104.15% | 86.82% |
Stock Sector Breakdown
Weighting | Return Low | Return High | STCIX % Rank | |
---|---|---|---|---|
Technology | 41.41% | 0.00% | 65.70% | 23.77% |
Consumer Cyclical | 14.05% | 0.00% | 62.57% | 61.42% |
Healthcare | 13.01% | 0.00% | 39.76% | 44.67% |
Communication Services | 12.79% | 0.00% | 66.40% | 23.69% |
Financial Services | 10.47% | 0.00% | 43.06% | 38.41% |
Consumer Defense | 4.00% | 0.00% | 25.50% | 43.99% |
Industrials | 3.35% | 0.00% | 30.65% | 79.78% |
Basic Materials | 0.93% | 0.00% | 18.91% | 59.73% |
Utilities | 0.00% | 0.00% | 16.07% | 89.68% |
Real Estate | 0.00% | 0.00% | 16.05% | 94.59% |
Energy | 0.00% | 0.00% | 41.09% | 92.30% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | STCIX % Rank | |
---|---|---|---|---|
US | 99.77% | 0.00% | 130.05% | 11.57% |
Non US | 0.00% | 0.00% | 78.10% | 90.46% |
STCIX - Expenses
Operational Fees
STCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.26% | 0.01% | 19.54% | 28.20% |
Management Fee | 0.70% | 0.00% | 1.50% | 69.21% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.23% |
Administrative Fee | 0.10% | 0.01% | 1.02% | 55.91% |
Sales Fees
STCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 2.25% | 8.50% | 63.19% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
STCIX 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.
STCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 5.00% | 0.00% | 316.74% | 2.48% |
STCIX - Distributions
Dividend Yield Analysis
STCIX | Category Low | Category High | STCIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.10% | 91.96% |
Dividend Distribution Analysis
STCIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Annual | Annual |
Net Income Ratio Analysis
STCIX | Category Low | Category High | STCIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.75% | -6.13% | 3.48% | 78.58% |
Capital Gain Distribution Analysis
STCIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
STCIX - Fund Manager Analysis
Managers
Michael Sansoterra
Start Date
Tenure
Tenure Rank
Mar 27, 2007
15.19
15.2%
Michael A. Sansoterra currently serves as a Chief Investment Officer of Silvant and as a Vice President of RidgeWorth. Prior to joining the Silvant team, Mr. Sansoterra served as Large Cap Diversified Growth Portfolio Manager and Senior Equity Analyst of Principal Global Investors from 2003 to 2007. Previously, he worked as a Senior Equity Analyst for USAA Investment Management and as an Equity Analyst and Portfolio Manager for The Northern Trust Company. He has worked in investment management since 1996. He earned his B.S. in Economics from the University of Michigan (1994).He has worked in investment management since 1996.
Sandeep Bhatia
Start Date
Tenure
Tenure Rank
Feb 14, 2011
11.3
11.3%
Sandeep Bhatia, PhD, CFA, currently serves as Managing Director of Silvant. He has been associated with Silvant or an affiliate since 2007. Prior to joining Silvant, Mr. Bhatia served as a Senior Research Analyst for Eagle Asset Management, focusing on the healthcare sector from 2005 to 2007. Previously, he worked as a sell-side senior equity research analyst in the healthcare sector at Piper Jaffray and as an equity research analyst at Dain Rauscher Wessels. Mr. Bhatia has worked in investment management since 2000 and is a Chartered Financial Analyst. He earned his Ph.D. in Chemical Engineering from Iowa State University, his Masters of Business Administration degree with high honors from the University of Chicago with a concentration in Finance, and his Bachelor of Technology degree in Chemical Engineering from the Indian Institute of Technology.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.2 | 2.92 |