Virtus NFJ Dividend Value Fund Class A (PNEAX)
| Fund Assets | 486.51M |
| Expense Ratio | 1.02% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.19% |
| Dividend Growth | -74.80% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 10.51 |
| YTD Return | 2.47% |
| 1-Year Return | 7.67% |
| 5-Year Return | 66.25% |
| 52-Week Low | 8.94 |
| 52-Week High | 11.44 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Oct 31, 2001 |
About PNEAX
Virtus NFJ Dividend Value Fund Class A is an open-end mutual fund designed to deliver both capital growth and income. Its primary strategy targets large- and mid-capitalization companies that demonstrate a blend of value, quality, and shareholder yield. The fund is managed by NFJ Investment Group, a value equity manager with decades of experience, leveraging a disciplined fundamental research process and advanced data analytics to identify companies with attractive valuations, robust financials, and consistent dividend payments. The portfolio is well-diversified across sectors such as financials, technology, utilities, and industrials, with a significant focus on firms exceeding $2 billion in market capitalization. Notably, the fund maintains substantial exposure to dividend-paying equities and may allocate up to 25% to real estate investment trusts (REITs) and a portion to international securities. This approach aims to capitalize on undervalued opportunities across various industries, seeking to benefit from both income and potential appreciation. The fund’s active management and emphasis on risk control underscore its role as a core holding for investors seeking value-oriented exposure with an income component in the broader equity market.
Performance
PNEAX had a total return of 7.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWDSX | Schwab | Schwab Dividend Equity Fund™ | 0.88% |
Top 10 Holdings
31.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Intuit Inc. | INTU | 4.53% |
| Eversource Energy | ES | 3.78% |
| NextEra Energy, Inc. | NEE | 3.75% |
| Prologis, Inc. | PLD | 3.19% |
| Bank of America Corporation | BAC | 3.13% |
| Alphabet Inc. | GOOGL | 3.03% |
| Pfizer Inc. | PFE | 3.02% |
| Crown Castle Inc. | CCI | 2.45% |
| Exxon Mobil Corporation | XOM | 2.11% |
| Citigroup Inc. | C | 2.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.0465 | Jun 18, 2025 |
| Mar 20, 2025 | $0.04591 | Mar 20, 2025 |
| Dec 19, 2024 | $0.22599 | Dec 19, 2024 |
| Sep 19, 2024 | $0.03629 | Sep 19, 2024 |
| Jun 20, 2024 | $0.02881 | Jun 20, 2024 |
| Mar 21, 2024 | $0.03836 | Mar 21, 2024 |