Virtus NFJ Emerging Markets Value A (AZMAX)

Fund Assets	15.53M
Expense Ratio	1.14%
Min. Investment	$2,500
Turnover	74.00%
Dividend (ttm)	0.62
Dividend Yield	2.62%
Dividend Growth	177.18%
Payout Frequency	n/a
Ex-Dividend Date	Dec 18, 2025

Previous Close	23.99
YTD Return	21.02%
1-Year Return	32.19%
5-Year Return	26.92%
52-Week Low	18.69
52-Week High	25.66
Beta (5Y)	0.82
Holdings	76
Inception Date	Dec 18, 2012

About AZMAX

Virtus NFJ Emerging Markets Value Fund Class A is an actively managed mutual fund focused on capital growth and income through investments in emerging markets. The fund targets companies that exhibit a compelling combination of value, quality, and shareholder yield, emphasizing firms with strong financial consistency and superior competitive positioning. Managed by NFJ Investment Group, a firm with a value investing heritage dating back to 1989, the fund employs a disciplined, fundamental research process enhanced by big data analytics to uncover promising investment opportunities. It diversifies across industries within emerging markets, primarily investing in equity securities of companies economically tied to these regions. Since its inception in 2012, the fund has sought to capitalize on low market expectations and robust shareholder return prospects, making it a significant vehicle for exposure to the dynamic and expanding emerging markets sector.

• Fund Family: Virtus
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: AZMAX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) NR USD

Performance

AZMAX had a total return of 32.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.77%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.30%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AZMIX	Institutional Class	0.89%

Top 10 Holdings

50.95% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	16.97%
Samsung Electronics Co., Ltd.	005930	7.72%
SK hynix Inc.	000660	6.06%
Alibaba Group Holding Limited	9988	4.26%
JD.com, Inc.	9618	3.88%
Tencent Holdings Limited	0700	3.27%
Us Dollar	n/a	3.20%
Foxconn Industrial Internet Co., Ltd.	601138	2.67%
Advanced Micro-Fabrication Equipment Inc. China	688012	1.49%
Nan Ya Plastics Corporation	1303	1.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.62047	Dec 18, 2025
Dec 19, 2024	$0.17008	Dec 19, 2024
Sep 19, 2024	$0.02008	Sep 19, 2024
Jun 20, 2024	$0.02704	Jun 20, 2024
Mar 21, 2024	$0.00665	Mar 21, 2024
Dec 21, 2023	$0.15789	Dec 21, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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