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Trending ETFs

Name

As of 06/21/2024

Price

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

$14.58

$31.1 M

6.82%

$0.99

1.55%

Vitals

YTD Return

0.6%

1 yr return

5.1%

3 Yr Avg Return

1.6%

5 Yr Avg Return

2.7%

Net Assets

$31.1 M

Holdings in Top 10

42.1%

52 WEEK LOW AND HIGH

$14.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.55%

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 06/21/2024

Price

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

$14.58

$31.1 M

6.82%

$0.99

1.55%

PPTAX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.55%
DIVIDENDS
  • Dividend Yield 6.8%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Virtus KAR Global Quality Dividend Fund
  • Fund Family Name
    Virtus Funds
  • Inception Date
    Aug 01, 2019
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Richard Sherry

Fund Description

The fund invests in a globally diversified portfolio of primarily high-quality, mature companies with high dividend yields. The investment strategy emphasizes companies the subadviser believes to have a sustainable competitive advantage, strong management and low financial risk and to be able to grow over market cycles. The fund invests in dividend paying equity securities of companies that are tied economically to a number of countries throughout the world, including depositary receipts. The fund typically invests in the securities of medium to large capitalization companies, but it is not limited to investing in the securities of companies of any particular size. Under normal circumstances, the fund invests at least 80% of its assets in dividend paying equity securities. Generally, the fund invests in approximately 25 to 50 securities at any given time.

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PPTAX - Performance

Return Ranking - Trailing

Period PPTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -35.6% 29.2% 39.04%
1 Yr 5.1% 17.3% 252.4% 94.66%
3 Yr 1.6%* -3.5% 34.6% 92.34%
5 Yr 2.7%* 0.1% 32.7% 95.57%
10 Yr 4.6%* -6.9% 18.3% 74.95%

* Annualized

Return Ranking - Calendar

Period PPTAX Return Category Return Low Category Return High Rank in Category (%)
2023 1.0% -24.3% 957.1% 97.52%
2022 -5.5% -38.3% 47.1% 61.82%
2021 10.2% -54.2% 0.6% 51.28%
2020 -8.8% -76.0% 54.1% 98.54%
2019 19.4% -26.1% 47.8% 6.38%

Total Return Ranking - Trailing

Period PPTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -35.6% 29.2% 40.16%
1 Yr 5.1% 11.4% 252.4% 99.20%
3 Yr 1.6%* -3.5% 34.6% 97.32%
5 Yr 2.7%* 0.1% 32.7% 97.85%
10 Yr 4.6%* -6.9% 18.3% 79.41%

* Annualized

Total Return Ranking - Calendar

Period PPTAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% -24.3% 957.1% 97.52%
2022 -2.8% -33.1% 47.1% 62.20%
2021 12.6% -44.4% 1.8% 65.28%
2020 -6.5% -6.5% 54.1% 99.71%
2019 22.1% -14.4% 47.8% 11.48%

NAV & Total Return History


PPTAX - Holdings

Concentration Analysis

PPTAX Category Low Category High PPTAX % Rank
Net Assets 31.1 M 199 K 133 B 83.33%
Number of Holdings 41 1 9075 81.61%
Net Assets in Top 10 13 M -18 M 37.6 B 78.63%
Weighting of Top 10 42.05% 9.1% 100.0% 28.26%

Top 10 Holdings

  1. International Business Machines Corp 6.08%
  2. DREYFUS GOVERNMENT CASH MANAGE 5.28%
  3. Fortis Inc/Canada 4.58%
  4. AbbVie Inc 4.37%
  5. BCE Inc 3.95%
  6. Amcor PLC 3.80%
  7. Zurich Insurance Group AG 3.59%
  8. Verizon Communications Inc 3.53%
  9. Southern Co/The 3.48%
  10. TotalEnergies SE 3.38%

Asset Allocation

Weighting Return Low Return High PPTAX % Rank
Stocks
98.00% 61.84% 125.47% 45.70%
Cash
5.28% -174.70% 23.12% 49.67%
Preferred Stocks
0.00% -0.01% 5.28% 88.77%
Other
0.00% -13.98% 19.14% 89.76%
Convertible Bonds
0.00% 0.00% 4.46% 88.22%
Bonds
0.00% -1.50% 161.67% 88.66%

Stock Sector Breakdown

Weighting Return Low Return High PPTAX % Rank
Financial Services
23.43% 0.00% 38.42% 34.80%
Communication Services
18.65% 0.00% 57.66% 13.66%
Utilities
11.40% 0.00% 29.12% 4.74%
Healthcare
11.13% 0.00% 35.42% 31.83%
Industrials
10.50% 0.00% 44.06% 8.92%
Consumer Defense
8.28% 0.00% 73.28% 40.64%
Consumer Cyclical
6.16% 0.00% 40.94% 87.67%
Technology
4.36% 0.00% 49.87% 94.16%
Basic Materials
2.84% 0.00% 38.60% 51.98%
Energy
1.99% 0.00% 21.15% 97.03%
Real Estate
1.27% 0.00% 39.48% 59.58%

Stock Geographic Breakdown

Weighting Return Low Return High PPTAX % Rank
US
59.57% 0.13% 103.82% 48.02%
Non US
38.43% 0.58% 99.46% 51.10%

PPTAX - Expenses

Operational Fees

PPTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.01% 44.27% 29.08%
Management Fee 0.75% 0.00% 1.82% 62.80%
12b-1 Fee 0.25% 0.00% 1.00% 52.11%
Administrative Fee 0.10% 0.01% 0.76% 65.80%

Sales Fees

PPTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 60.80%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PPTAX 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.

PPTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 395.00% 67.78%

PPTAX - Distributions

Dividend Yield Analysis

PPTAX Category Low Category High PPTAX % Rank
Dividend Yield 6.82% 0.00% 3.26% 88.51%

Dividend Distribution Analysis

PPTAX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Annually Annually

Net Income Ratio Analysis

PPTAX Category Low Category High PPTAX % Rank
Net Income Ratio 2.55% -4.27% 12.65% 10.11%

Capital Gain Distribution Analysis

PPTAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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PPTAX - Fund Manager Analysis

Managers

Richard Sherry


Start Date

Tenure

Tenure Rank

Sep 01, 2009

12.75

12.8%

Richard Sherry, CFA is a Portfolio Manager and a Senior Research Analyst with primary responsibilities for the large-capitalization energy, financials, and utilities sectors. Mr. Sherry joined Kayne Anderson Rudnick in 1995 as a Marketing Analyst before becoming a Research Analyst. He has approximately 15 years of equity research experience. Before joining our organization, Mr. Sherry worked as Operations/Marketing Supervisor at Pilgrim Asset Management. He earned a B.A. in Economics from the University of California, Los Angeles, and an M.B.A. from the University of Southern California. Mr. Sherry is a Chartered Financial Analyst charterholder and a member of the CFA Society of Los Angeles, Inc.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25