Fund Assets | 33.52M |
Expense Ratio | 1.35% |
Min. Investment | $2,500 |
Turnover | 16.00% |
Dividend (ttm) | 0.44 |
Dividend Yield | 2.38% |
Dividend Growth | n/a |
Payout Frequency | Annual |
Ex-Dividend Date | n/a |
Previous Close | 18.60 |
YTD Return | 12.53% |
1-Year Return | 6.97% |
5-Year Return | 45.61% |
52-Week Low | 15.31 |
52-Week High | 18.60 |
Beta (5Y) | n/a |
Holdings | 38 |
Inception Date | Jul 29, 2005 |
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.
Performance
PPTAX had a total return of 6.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.60%.
Top 10 Holdings
43.15% of assetsName | Symbol | Weight |
---|---|---|
International Business Machines Corporation | IBM | 6.35% |
Zurich Insurance Group AG | ZURN | 4.74% |
Fortis Inc. | FTS | 4.71% |
Canadian Tire Corp Ltd | CTCA | 4.50% |
Verizon Communications Inc. | VZ | 4.26% |
The Boeing Company | BA | 4.17% |
AbbVie Inc. | ABBV | 3.79% |
The Southern Company | SO | 3.79% |
Trinity Industries, Inc. | TRN | 3.55% |
TE Connectivity plc | TEL | 3.31% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Sep 8, 2025 | $0.08624 | Sep 8, 2025 |
Dec 18, 2024 | $0.3551 | Dec 18, 2024 |
Dec 20, 2023 | $0.49551 | Dec 20, 2023 |
Dec 21, 2022 | $0.40863 | Dec 21, 2022 |
Dec 22, 2021 | $0.31668 | Dec 22, 2021 |
Dec 22, 2020 | $0.34217 | Dec 22, 2020 |