Virtus Zevenbergen Innovative Growth Stock Fund Class A (SAGAX)
| Fund Assets | 390.70M |
| Expense Ratio | 1.25% |
| Min. Investment | $2,500 |
| Turnover | 22.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 48.74 |
| YTD Return | -18.63% |
| 1-Year Return | 3.70% |
| 5-Year Return | -9.51% |
| 52-Week Low | 40.65 |
| 52-Week High | 65.03 |
| Beta (5Y) | 1.58 |
| Holdings | 37 |
| Inception Date | Feb 23, 2004 |
About SAGAX
Virtus Zevenbergen Innovative Growth Stock Fund Class A is a mutual fund focused on achieving long-term capital appreciation. Managed by Zevenbergen Capital Investments, the fund builds a concentrated portfolio of companies across all market capitalizations and life cycle stages, emphasizing businesses exhibiting robust growth prospects and disruptive potential. The strategy is grounded in independent, fundamental research, with investment decisions shaped by a bottom-up analysis akin to venture capital criteria. This approach seeks to identify innovative leaders, often in sectors such as technology, healthcare, consumer discretionary, and financial services, that are at the forefront of transformative industry trends. The fund typically invests at least 80% of its assets in common stocks, and its high-conviction portfolio is characterized by a long-term, low-turnover discipline, aiming to realize the full growth potential of its holdings. Holdings are frequently concentrated in high-growth technology firms and visionary business models, with a significant portion of assets allocated to the portfolio team’s strongest ideas. This positions the fund as a specialized option for investors seeking exposure to innovation-driven U.S. companies shaping the future business landscape.
Performance
SAGAX had a total return of 3.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.69%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAOFX | Fidelity | Fidelity Advisor Series Growth Opportunities Fund | n/a |
| FCGSX | Fidelity | Fidelity Series Growth Company Fund | 0.57% |
| FDGRX | Fidelity | Fidelity Growth Company Fund | 0.69% |
| FGCKX | Fidelity | Fidelity Growth Company Fund - Class K | 0.62% |
| FGKFX | Fidelity | Fidelity Growth Company K6 Fund | 0.45% |
Top 10 Holdings
56.25% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.94% |
| Tesla, Inc. | TSLA | 8.59% |
| Shopify Inc. | SHOP | 7.08% |
| Axon Enterprise, Inc. | AXON | 5.62% |
| MercadoLibre, Inc. | MELI | 5.56% |
| Amazon.com, Inc. | AMZN | 4.70% |
| Meta Platforms, Inc. | META | 4.36% |
| Alphabet Inc. | GOOGL | 4.20% |
| Snowflake Inc. | SNOW | 3.19% |
| Rocket Lab Corporation | RKLB | 3.01% |