Virtus KAR Equity Income I (PXIIX)
| Fund Assets | 136.09M |
| Expense Ratio | 0.95% |
| Min. Investment | $100,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 1.44 |
| Dividend Yield | 6.57% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Sep 8, 2025 |
| Previous Close | 22.11 |
| YTD Return | 9.17% |
| 1-Year Return | 5.76% |
| 5-Year Return | 50.08% |
| 52-Week Low | 18.83 |
| 52-Week High | 22.65 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Nov 13, 2007 |
About PXIIX
Virtus KAR Equity Income Fund Class I is a mutual fund designed to deliver long-term risk-adjusted returns through a combination of capital appreciation and current income. The fund primarily invests in a diversified portfolio of high-quality, mature U.S. companies that have a track record of consistent and robust dividend yields. Utilizing a disciplined and research-driven process, the fund focuses on identifying businesses exhibiting above-average returns on capital while trading at attractive valuations. To help mitigate risk, the investment approach emphasizes companies with strong balance sheets, predictable earnings, high free cash flow, and minimal reliance on external financing. The portfolio typically holds 25 to 50 of the investment team’s highest-conviction ideas, resulting in a concentrated but diversified allocation. Managed by Kayne Anderson Rudnick Investment Management, the fund aims to provide investors with a lower-volatility equity income solution that maintains the potential for steady growth and reliable income, especially during challenging market conditions.
Performance
PXIIX had a total return of 5.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Top 10 Holdings
41.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 5.76% |
| Fortis Inc. | FTS | 4.97% |
| Zurich Insurance Group AG | ZURVY | 4.82% |
| The PNC Financial Services Group, Inc. | PNC | 4.21% |
| BAE Systems plc | BAESY | 4.05% |
| AbbVie Inc. | ABBV | 3.91% |
| International Business Machines Corporation | IBM | 3.64% |
| The Southern Company | SO | 3.59% |
| The Coca-Cola Company | KO | 3.31% |
| Walmart Inc. | WMT | 3.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 8, 2025 | $0.8055 | Sep 8, 2025 |
| Dec 18, 2024 | $0.63541 | Dec 18, 2024 |
| Dec 20, 2023 | $0.47995 | Dec 20, 2023 |
| Dec 21, 2022 | $1.26711 | Dec 21, 2022 |
| Dec 22, 2021 | $0.93024 | Dec 22, 2021 |
| Dec 30, 2020 | $6.67044 | Dec 30, 2020 |