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Morningstar

Virtus KAR Equity Income I PXIIX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 18.02  /  0.22 %
  • Total Assets 121.5 Mil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.24%
  • Turnover 22%

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 AM GMT+0

Morningstar’s Analysis PXIIX

Will PXIIX 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 PXIIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PXIIX 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 PXIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Virtus KAR Equity Income I to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PXIIX

More PXIIX Holdings
  • Current Portfolio Date
  • Equity Holdings 39
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 39.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

International Business Machines Corp

4.89
6,920,386
Technology

Zurich Insurance Group AG ADR

4.78
6,766,564
Financial Services

MSC Industrial Direct Co Inc Class A

4.72
6,687,227
Industrials

BAE Systems PLC ADR

4.43
6,267,796
Industrials

Verizon Communications Inc

3.93
5,558,864
Communication Services

AbbVie Inc

3.63
5,140,758
Healthcare

Southern Co

3.41
4,821,538
Utilities

Amcor PLC Ordinary Shares

3.40
4,807,785
Consumer Cyclical

Watsco Inc Class A

3.23
4,566,196
Industrials

Kimberly-Clark Corp

3.20
4,532,234
Consumer Defensive