VLPIX: Virtus Duff & Phelps Sel MLP & Engy I

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

VLPIX Virtus Duff & Phelps Sel MLP & Engy I


Profile

VLPIX - Profile

Vitals

  • YTD Return -31.4%
  • 3 Yr Annualized Return -16.5%
  • 5 Yr Annualized Return -10.5%
  • Net Assets $5.38 M
  • Holdings in Top 10 60.2%

52 WEEK LOW AND HIGH

$5.67
$3.50
$8.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.31%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 82.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Energy Limited Partnership

Distributions

  • YTD Total Return -31.4%
  • 3 Yr Annualized Total Return -16.5%
  • 5 Yr Annualized Total Return -10.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Virtus Duff & Phelps Select MLP and Energy Fund
  • Fund Family Name
    Virtus
  • Inception Date
    Sep 09, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Grumhaus

Fund Description

Under normal circumstances, the fund invests at least 80% of its assets in securities of master limited partnerships ("MLPs") and/or other equity securities in energy and energy-related industries. Its allocation to ETNs, swaps and/or structured notes will vary over time, but will not exceed 10% of assets. The fund is non-diversified.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

VLPIX - Performance

Return Ranking - Trailing

Period VLPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.4% -87.6% 170.8% 85.27%
1 Yr -35.3% -89.2% 148.2% 85.53%
3 Yr -16.5%* -56.3% 33.8% 83.61%
5 Yr -10.5%* -43.8% 33.6% 81.00%
10 Yr N/A* -13.3% 34.2% N/A

* Annualized

Return Ranking - Calendar

Period VLPIX Return Category Return Low Category Return High Rank in Category (%)
2019 5.1% -24.2% 71.9% 62.67%
2018 -20.3% -37.0% 12.7% 77.04%
2017 -3.9% -25.3% 59.5% 72.10%
2016 28.1% -15.5% 42.5% 6.45%
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period VLPIX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.4% -87.6% 170.8% 85.27%
1 Yr -35.3% -89.2% 148.2% 85.53%
3 Yr -16.5%* -56.3% 39.2% 85.66%
5 Yr -10.5%* -43.8% 36.8% 82.00%
10 Yr N/A* -13.3% 35.9% N/A

* Annualized

Total Return Ranking - Calendar

Period VLPIX Return Category Return Low Category Return High Rank in Category (%)
2019 5.1% -22.9% 71.9% 62.67%
2018 -20.3% -37.0% 12.7% 87.16%
2017 -3.9% -25.3% 68.6% 73.39%
2016 28.1% -15.5% 42.5% 7.37%
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

VLPIX - Holdings

Concentration Analysis

VLPIX Category Low Category High VLPIX % Rank
Net Assets 5.38 M 105 K 10.6 B 94.43%
Number of Holdings 30 4 1562 60.06%
Net Assets in Top 10 3.12 M -81.1 M 3.11 B 94.74%
Weighting of Top 10 60.23% 14.6% 238.7% 39.92%

Top 10 Holdings

  1. Cheniere Energy Inc 9.03%
  2. Williams Companies Inc 8.52%
  3. Enterprise Products Partners LP 7.49%
  4. Kinder Morgan Inc Class P 6.81%
  5. Targa Resources Corp 5.98%
  6. Plains GP Holdings LP Class A 5.67%
  7. Magellan Midstream Partners LP 4.58%
  8. TC Energy Corp 4.34%
  9. Energy Transfer LP 4.01%
  10. ONEOK Inc 3.81%

Asset Allocation

Weighting Return Low Return High VLPIX % Rank
Stocks
98.96% 81.39% 325.56% 30.03%
Cash
1.04% -225.56% 20.91% 61.30%
Preferred Stocks
0.00% 0.00% 5.07% 56.97%
Other
0.00% -19.11% 121.77% 53.87%
Convertible Bonds
0.00% 0.00% 15.68% 55.73%
Bonds
0.00% -43.96% 55.72% 57.59%

Stock Sector Breakdown

Weighting Return Low Return High VLPIX % Rank
Energy
93.71% 0.00% 100.00% 20.74%
Utilities
6.29% 0.00% 64.20% 12.71%
Technology
0.00% 0.00% 52.21% 85.62%
Real Estate
0.00% 0.00% 97.46% 83.95%
Industrials
0.00% 0.00% 46.89% 89.30%
Healthcare
0.00% 0.00% 98.20% 85.62%
Financial Services
0.00% 0.00% 35.62% 84.62%
Communication Services
0.00% 0.00% 24.68% 84.95%
Consumer Defense
0.00% 0.00% 21.72% 82.94%
Consumer Cyclical
0.00% 0.00% 37.65% 85.28%
Basic Materials
0.00% 0.00% 16.01% 85.28%

Stock Geographic Breakdown

Weighting Return Low Return High VLPIX % Rank
US
85.36% 80.07% 325.56% 82.35%
Non US
13.60% -3.46% 39.93% 3.72%

Expenses

VLPIX - Expenses

Operational Fees

VLPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.31% 0.35% 37.17% 34.28%
Management Fee 0.90% 0.00% 2.64% 41.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.05% 0.45% 26.67%

Sales Fees

VLPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VLPIX 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.

VLPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 82.00% 0.00% 5191.00% 66.90%

Distributions

VLPIX - Distributions

Dividend Yield Analysis

VLPIX Category Low Category High VLPIX % Rank
Dividend Yield 0.00% 0.00% 23.21% 58.51%

Dividend Distribution Analysis

VLPIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

VLPIX Category Low Category High VLPIX % Rank
Net Income Ratio 0.62% -3.05% 14.24% 41.69%

Capital Gain Distribution Analysis

VLPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VLPIX - Fund Manager Analysis

Managers

David Grumhaus


Start Date

Tenure

Tenure Rank

Sep 09, 2015

4.98

5.0%

David Grumhaus, Jr. is Co-Chief Investment Officer for all Duff & Phelps Investment Management Co. investment strategies, including the Global Listed Infrastructure, Global Real Estate Securities and Portfolio Solutions strategies. Mr. Grumhaus is also a Senior Portfolio Manager for the firm’s Master Limited Partnership and Energy Infrastructure strategies. Mr. Grumhaus has over two decades of experience working in the investment management industry. Prior to joining Duff & Phelps in February 2014, Mr. Grumhaus served as a portfolio manager and director of research for Copia Capital, LLC. He previously worked as an investment banker for Goldman, Sachs & Co. and William Blair & Company, LLC.

Rodney Clayton


Start Date

Tenure

Tenure Rank

Feb 01, 2020

0.58

0.6%

Rodney Clayton, Managing Director, serves as Portfolio Manager and Senior Research Analyst for MLPs and Energy Infrastructure at Duff & Phelps Investment Management Co. Mr. Clayton concentrates his research on North American midstream energy companies. Prior to joining Duff & Phelps in April 2016, Mr. Clayton was a senior manager due diligence analyst at UBS Financial Services, focusing on MLP, large cap value, and equity income strategies; and an equity research analyst at J.P. Morgan Securities covering the Exploration & Production, Engineering & Construction, and Environmental Services industries. Mr. Clayton completed his undergraduate studies and holds a MBA from Florida A&M University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.02 6.12 10.43