The legacy NFJ Investment Group that manages AllianzGI International Value ANJIX, AllianzGI Small-Cap Value PSVIX, and AllianzGI Mid-Cap Value PRNIX is moving to Virtus Investment Partners VRTS. Under the arrangement, which still needs board and shareholder approval, Virtus will acquire the NFJ team but let it operate as an autonomous, affiliated manager. The NFJ brand, which AllianzGI had phased out, will likely return in some form. The firms could finalize the plans by year-end.
Virtus NFJ Small-Cap Value Inst PSVIX
NAV / 1-Day Return
17.14
/
0.92
%
Total Assets
576.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.830%
Expense Ratio
0.830%
Fee Level
Below Average
Longest Manager Tenure
25.16
years
Category
Small Value
Investment Style
Small ValueMin. Initial Investment
1,000,000
Status
Open
TTM Yield
1.65%
Turnover
126%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PSVIX 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 PSVIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PSVIX 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 PSVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
AllianzGI NFJ Team Moving to Virtus
