Virtus Duff & Phelps Real Estate Secs I (PHRIX)
| Fund Assets | 348.70M |
| Expense Ratio | 0.99% |
| Min. Investment | $100,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 1.65 |
| Dividend Yield | 8.76% |
| Dividend Growth | -28.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 18, 2025 |
| Previous Close | 18.83 |
| YTD Return | 1.63% |
| 1-Year Return | -4.38% |
| 5-Year Return | 49.33% |
| 52-Week Low | 16.43 |
| 52-Week High | 21.83 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Dec 29, 2006 |
About PHRIX
Virtus Duff & Phelps Real Estate Securities Fund Class I is a U.S.-focused mutual fund that invests primarily in publicly traded real estate investment trusts (REITs) and companies engaged in the real estate industry. Its main objective is to deliver a balance of capital appreciation and income by emphasizing businesses with revenues substantially derived from recurring rental income. The fund applies a disciplined, bottom-up investment process, leveraging both qualitative and quantitative analysis to identify high-quality commercial real estate owner/operators. A distinguishing feature is its focus on companies with strong management teams and resilient cash flows, typically drawn from contractual rental agreements. With a portfolio typically containing 25 to 45 holdings, the fund aims for broad diversification from traditional assets, seeking to benefit from real estate’s historically lower correlation to equities and bonds. Managed by the experienced Duff & Phelps Investment Management team, the fund is popular among institutional investors and those seeking exposure to the real estate sector’s income and growth characteristics while maintaining a lower volatility profile compared to many equity-focused funds.
Performance
PHRIX had a total return of -4.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.48%.
Top 10 Holdings
57.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 8.75% |
| Welltower Inc. | WELL | 8.46% |
| Equinix, Inc. | EQIX | 7.48% |
| Digital Realty Trust, Inc. | DLR | 5.66% |
| Iron Mountain Incorporated | IRM | 4.89% |
| AvalonBay Communities, Inc. | AVB | 4.62% |
| Public Storage | PSA | 4.55% |
| Ventas, Inc. | VTR | 4.36% |
| Simon Property Group, Inc. | SPG | 4.21% |
| American Homes 4 Rent | AMH | 4.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 18, 2025 | $0.10018 | Sep 18, 2025 |
| Jun 18, 2025 | $0.10096 | Jun 18, 2025 |
| Mar 20, 2025 | $0.0821 | Mar 20, 2025 |
| Dec 19, 2024 | $1.36283 | Dec 19, 2024 |
| Sep 19, 2024 | $0.10585 | Sep 19, 2024 |
| Jun 20, 2024 | $0.09177 | Jun 20, 2024 |