A period of uncharacteristically weak results and an uptick in analyst departures amid broader organizational change prompt a downgrade of Virtus KAR Small-Cap Core’s People Pillar to Above Average from High, while the Process rating remains Above Average.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PKSAX’s performance objective and investment process is for both security selection and portfolio construction.
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