Subadvisor Zevenbergen Capital Investments announced that Brooke de Boutray, a longtime team member and comanager on Virtus Zevenbergen Technology, will retire on Dec. 31, 2023. De Boutray has been with the firm since the early 1990s and was one of the first members to join firm founder Nancy Zevenbergen. While de Boutray's departure will be a loss for the firm, this retirement wasn't unexpected and does not change the strategy's Average People rating. Zevenbergen and comanagers Anthony Zackery and Joseph Dennison remain. This is a team-based approach, and the managers draw on one analyst for support.
Virtus Zevenbergen Technology Inst DRGTX
- NAV / 1-Day Return 72.72 / +2.44 %
- Total Assets 1.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.170%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Technology
- Investment Style Large Growth
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield —
- Turnover 55%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis DRGTX
Will DRGTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 54.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Alphabet Inc Class C | 8.26 | 112.7 Mil | Communication Services |
Microsoft Corp | 8.13 | 110.9 Mil | Technology |
NVIDIA Corp | 7.80 | 106.5 Mil | Technology |
Meta Platforms Inc Class A | 6.75 | 92.0 Mil | Communication Services |
Apple Inc | 6.49 | 88.6 Mil | Technology |
Amazon.com Inc | 5.12 | 69.9 Mil | Consumer Cyclical |
Advanced Micro Devices Inc | 3.51 | 47.9 Mil | Technology |
Palo Alto Networks Inc | 3.24 | 44.2 Mil | Technology |
Tesla Inc | 2.94 | 40.1 Mil | Consumer Cyclical |
ServiceNow Inc | 2.59 | 35.3 Mil | Technology |