Virtus KAR Equity Income Fund Class A (PDIAX)
| Fund Assets | 175.77M |
| Expense Ratio | 1.14% |
| Min. Investment | $2,500 |
| Turnover | 47.00% |
| Dividend (ttm) | 1.35 |
| Dividend Yield | 5.93% |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2026 |
| Previous Close | 24.60 |
| YTD Return | 14.51% |
| 1-Year Return | 19.10% |
| 5-Year Return | 47.16% |
| 52-Week Low | 21.54 |
| 52-Week High | 24.64 |
| Beta (5Y) | 1.04 |
| Holdings | 39 |
| Inception Date | Sep 25, 1997 |
About PDIAX
Virtus KAR Equity Income Fund Class A is an actively managed mutual fund focused on large value equities. Its primary objective is to generate attractive risk-adjusted long-term returns through a blend of capital appreciation and current income. The fund invests in a diversified portfolio of high-quality, mature businesses—primarily U.S.-based or with significant U.S. economic ties—that have a consistent record of robust dividend yields and financial strength. Target holdings are selected through a disciplined process emphasizing companies with strong balance sheets, durable profitability, and above-average returns on capital, purchased at appealing valuations. The fund typically maintains a high-conviction, concentrated portfolio of 25–50 companies, aiming for lower volatility by favoring businesses with stable earnings and strong free cash flow. Managed by Kayne Anderson Rudnick Investment Management and portfolio manager Richard Sherry, the fund plays a notable role in the market as a source of equity income and potential downside protection in volatile market environments, catering primarily to investors seeking quality, dividend-paying stocks and disciplined risk management within the large-cap value segment.
Performance
PDIAX had a total return of 19.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.11%.
Top 10 Holdings
39.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Fortis Inc. | FTS | 5.38% |
| Zurich Insurance Group AG | ZURVY | 4.53% |
| The PNC Financial Services Group, Inc. | PNC | 4.35% |
| Lamar Advertising Company | LAMR | 4.04% |
| Walmart Inc. | WMT | 3.80% |
| The Bank of New York Mellon Corp. COM | BK | 3.68% |
| The Southern Company | SO | 3.49% |
| AbbVie Inc. | ABBV | 3.46% |
| Linde plc | LIN | 3.41% |
| The Coca-Cola Company | KO | 3.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2026 | $0.11393 | Jun 18, 2026 |
| Mar 19, 2026 | $0.07489 | Mar 19, 2026 |
| Dec 16, 2025 | $0.63802 | Dec 16, 2025 |
| Sep 8, 2025 | $0.76807 | Sep 8, 2025 |
| Dec 18, 2024 | $0.58398 | Dec 18, 2024 |
| Dec 20, 2023 | $0.51836 | Dec 20, 2023 |