Virtus KAR Small-Mid Cap Core Fund Class I (VKSIX)
| Fund Assets | 2.19B |
| Expense Ratio | 0.99% |
| Min. Investment | $100,000 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.42% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 21.02 |
| YTD Return | 2.91% |
| 1-Year Return | 5.62% |
| 5-Year Return | 47.78% |
| 52-Week Low | 17.55 |
| 52-Week High | 22.11 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Mar 7, 2018 |
About VKSIX
Virtus KAR Small-Mid Cap Core Fund Class I is an open-end mutual fund focused on delivering long-term capital appreciation by investing primarily in U.S. small- and mid-capitalization companies. Its investment strategy emphasizes **high-quality businesses** that exhibit durable competitive advantages, strong management, lower financial risk, and robust growth trajectories. The fund employs a rigorous, research-driven selection process, favoring companies with solid balance sheets, consistent profitability, high returns on capital, and the potential for sustainable growth. Notably, the portfolio remains concentrated—typically holding 25 to 35 positions—reflecting the management team's highest conviction ideas and supporting a low-turnover, long-term investment approach. Managed by Kayne Anderson Rudnick Investment Management since the fund’s inception in 2018, the fund targets reduced volatility compared to its small- and mid-cap benchmarks by focusing on less risky businesses. While its primary mandate is growth, dividend income is a secondary consideration. The fund does not prioritize environmental, social, or governance (ESG) criteria in its investment decisions and maintains nearly all exposure to U.S. equity markets, making it a significant participant within the domestic mid-cap growth segment.
Performance
VKSIX had a total return of 5.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.20%.
Top 10 Holdings
39.76% of assets| Name | Symbol | Weight |
|---|---|---|
| W. R. Berkley Corporation | WRB | 4.70% |
| LPL Financial Holdings Inc. | LPLA | 4.64% |
| Dreyfus Government Cash Management Fund | DGCXX | 4.45% |
| Watsco, Inc. | WSO | 4.14% |
| Interactive Brokers Group, Inc. | IBKR | 3.75% |
| Universal Display Corporation | OLED | 3.69% |
| Rollins, Inc. | ROL | 3.65% |
| The Cooper Companies, Inc. | COO | 3.59% |
| Allegion plc | ALLE | 3.58% |
| Bentley Systems, Incorporated | BSY | 3.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.08815 | Dec 18, 2024 |
| Dec 22, 2021 | $0.22412 | Dec 22, 2021 |
| Dec 22, 2020 | $0.00148 | Dec 22, 2020 |
| Dec 17, 2018 | $0.13356 | Dec 17, 2018 |