Virtus Duff & Phelps Real Asset Fund Class A (PDPAX)
| Fund Assets | 20.64M |
| Expense Ratio | 1.32% |
| Min. Investment | $2,500 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.15% |
| Dividend Growth | 84.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 15.09 |
| YTD Return | 9.18% |
| 1-Year Return | 15.22% |
| 5-Year Return | 63.37% |
| 52-Week Low | 13.16 |
| 52-Week High | 15.26 |
| Beta (5Y) | 0.65 |
| Holdings | 11 |
| Inception Date | Nov 30, 2005 |
About PDPAX
Virtus Duff & Phelps Real Asset Fund Class A is a mutual fund designed to provide long-term capital appreciation through a diversified, multi-asset portfolio. Its primary purpose is to protect investors’ purchasing power by investing across a broad spectrum of real assets, including global real estate, global infrastructure, natural resources, commodities securities, and Treasury Inflation-Protected Securities (TIPS). The fund employs both active and passive strategies, utilizing a multi-manager approach for dynamic portfolio construction and diligent rebalancing. Managed by Duff & Phelps Investment Management, a firm specializing in real asset investments since 1932, the fund leverages sector expertise and aims to offer a strong portfolio hedge. Real assets within the fund are selected for their historical ability to mitigate inflation risk and provide diversification benefits due to their typically lower correlation with traditional equity and bond markets. By allocating assets across multiple underlying mutual funds and exchange-traded funds, the fund achieves broad exposure to sectors integral to global economic infrastructure and resource development, playing a significant role in wealth preservation strategies for investors seeking moderate to aggressive global allocation.
Performance
PDPAX had a total return of 15.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.
Top 10 Holdings
97.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Virtus Duff & Phelps Global Infrastructure Fund Class R6 | VGIRX | 29.38% |
| Virtus Duff & Phelps Global Real Estate Securities Fund Class R6 | VRGEX | 26.93% |
| Virtus Duff & Phelps Select MLP and Energy Fund Class I | VLPIX | 15.96% |
| SPDR S&P Global Natural Resources ETF | GNR | 7.76% |
| Virtus Duff & Phelps Water Fund Institutional Class | AWTIX | 3.96% |
| VanEck Gold Miners ETF | GDX | 3.96% |
| Invesco DB Commodity Index Tracking Fund | DBC | 3.71% |
| Virtus Newfleet Senior Floating Rate Fund Class R6 | VRSFX | 3.03% |
| Virtus Duff & Phelps Clean Energy ETF | VCLN | 1.73% |
| Schwab US TIPS ETF | SCHP | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.50448 | Dec 18, 2024 |
| Dec 20, 2023 | $0.27277 | Dec 20, 2023 |
| Dec 21, 2022 | $0.13531 | Dec 21, 2022 |
| Dec 22, 2021 | $0.10059 | Dec 22, 2021 |
| Dec 30, 2020 | $0.0749 | Dec 30, 2020 |
| Dec 30, 2019 | $0.35447 | Dec 30, 2019 |