About PPTAX
Virtus KAR Global Quality Dividend Fund Class A is a mutual fund focused on providing investors with total return by combining capital appreciation and current income. The fund invests in a globally diversified portfolio, primarily targeting high-quality, mature companies recognized for their robust and consistent dividend yields. Managed by Kayne Anderson Rudnick Investment Management, the approach emphasizes identifying businesses with strong financials, market dominance, and historically high returns on capital. Notable portfolio characteristics include a focus on lower volatility, as the fund typically selects companies with stable earnings, strong free cash flow, and minimal reliance on external financing. Industry allocations span sectors such as technology, utilities, healthcare, communication services, and financials, reflecting a broad-based investment strategy. With a high-conviction portfolio of approximately 25-50 holdings and a long-term, low-turnover investment style, the fund aims to appeal to those seeking steady dividend income and exposure to large-cap global equities in the value segment of the market.
Fund Family Virtus
Category World Large-Stock Value
Stock Exchange NASDAQ
Ticker Symbol PPTAX
Share Class Class A
Index MSCI World High Dividend Yield TR
PPTAX had a total return of 12.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.97%.
