Virtus KAR Emerging Markets Small-Cap Fund Class A (VAESX)
| Fund Assets | 361.84M |
| Expense Ratio | 1.70% |
| Min. Investment | $2,500 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 2.21% |
| Dividend Growth | -23.41% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 16.37 |
| YTD Return | 0.86% |
| 1-Year Return | 10.33% |
| 5-Year Return | 9.45% |
| 52-Week Low | 13.98 |
| 52-Week High | 17.80 |
| Beta (5Y) | 0.63 |
| Holdings | 55 |
| Inception Date | Dec 17, 2013 |
About VAESX
Virtus KAR Emerging Markets Small-Cap Fund Class A is an actively managed mutual fund designed to provide long-term capital appreciation by investing in small-cap companies located in emerging markets. The fund employs a disciplined investment process focused on identifying businesses with durable competitive advantages, exceptional management teams, low financial risk, and robust growth prospects. Emphasizing quality over quantity, the fund typically holds a concentrated portfolio of 30-60 high-conviction holdings, selected through comprehensive fundamental analysis that targets companies with strong balance sheets, consistent and profitable growth, high returns on capital, and solid free cash flow generation. Managed by Kayne Anderson Rudnick Investment Management, the strategy aims to deliver attractive risk-adjusted returns with a lower volatility profile relative to broader emerging markets small-cap benchmarks. The fund serves investors seeking diversification benefits and growth potential in a dynamic segment of the global equity market, often underrepresented in traditional portfolios. By focusing on quality and risk management, the Virtus KAR Emerging Markets Small-Cap Fund Class A stands out as a specialized vehicle for participating in the long-term development and economic expansion of emerging economies through their smaller, high-potential companies.
Performance
VAESX had a total return of 10.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.30%.
Top 10 Holdings
40.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 5.50% |
| Caixa Seguridade Participações S.A. | CXSE3 | 5.21% |
| Haw Par Corporation Limited | H02 | 4.22% |
| LEENO Industrial Inc. | 058470 | 4.17% |
| Corporación Moctezuma, S.A.B. de C.V. | CMOCTEZ | 4.15% |
| Tegma Gestão Logística S.A. | TGMA3 | 3.77% |
| Grupa Pracuj S.A. | GPP | 3.72% |
| Epiroc AB Share B | EPIB.ST | 3.44% |
| GPS Participações e Empreendimentos S.A. | GGPS3 | 3.36% |
| Heineken Malaysia Berhad | HEIM | 3.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.38286 | Dec 16, 2025 |
| Dec 18, 2024 | $0.49987 | Dec 18, 2024 |
| Dec 22, 2021 | $1.32103 | Dec 22, 2021 |
| Dec 22, 2020 | $0.16986 | Dec 22, 2020 |
| Dec 20, 2019 | $0.23382 | Dec 20, 2019 |
| Dec 17, 2018 | $0.03402 | Dec 17, 2018 |