Virtus NFJ International Value Fund

Frequently Asked Questions About AFJAX

What does AFJAX invest in?

The Virtus NFJ International Value Fund generally commits at least 65% of its total assets (including any capital obtained through borrowing for investment purposes) to a diverse range of equity instruments. These investments primarily target corporations based outside the United States, specifically those with a market capitalization exceeding $1 billion. The types of equity securities held can include common shares, preferred stocks, convertible bonds, and warrants. A key aspect of the fund's strategy is a strong focus on selecting holdings that the portfolio managers anticipate will generate income, largely through dividend payments.

What is the expense ratio of AFJAX?

Virtus NFJ International Value Fund (AFJAX) charges an expense ratio of 1.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AFJAX?

Virtus NFJ International Value Fund (AFJAX) manages $81.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AFJAX actively managed or an index fund?

AFJAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AFJAX launched?

Virtus NFJ International Value Fund (AFJAX) launched in March 2005 and is managed by the fund issuer.

How has AFJAX performed?

AFJAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.