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Morningstar

Virtus Global Allocation Instl PALLX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 9.68  /  0.10 %
  • Total Assets 243.3 Mil
  • Adj. Expense Ratio
    0.290%
  • Expense Ratio 0.490%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.35%
  • Turnover 88%

USD | NAV as of Jan 28, 2023 | 1-Day Return as of Jan 28, 2023, 1:16 AM GMT+00:00

Morningstar’s Analysis PALLX

Will PALLX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PALLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PALLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PALLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Upheaval and uncertainty mar this strategy’s prospects.

Associate Director

Summary

| by Tom Nations

Virtus Global Allocation’s (formerly Virtus AllianzGI Global Allocation) future became unclear when the SEC disqualified former subadvisor Allianz Global Investors from providing advisory services to U.S.-registered funds in May 2022. While Virtus scooped up several members of the management team in July, the strategy and its reduced personnel must navigate considerable upheaval and uncertainty. The three cheapest share classes keep Morningstar Analyst Ratings of Neutral while the remaining pricier shares get Negative.

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