Virtus KAR Mid-Cap Growth Fund

Frequently Asked Questions About VRMGX

What does VRMGX invest in?

Ordinarily, this fund commits a substantial portion—at least 80%—of its assets to equity investments in mid-capitalization companies. The subadviser strategically selects a focused group of these mid-cap growth firms, targeting those believed to be undervalued compared to their potential for future appreciation. Although its primary holdings are typically U.S.-based companies, the fund retains the option to invest in non-U.S. securities and depositary receipts.

What is the expense ratio of VRMGX?

Virtus KAR Mid-Cap Growth Fund (VRMGX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VRMGX?

Virtus KAR Mid-Cap Growth Fund (VRMGX) is one share class of a fund that manages $547.7M across all of its share classes (PHSKX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VRMGX actively managed or an index fund?

VRMGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VRMGX's is 0.83%) in exchange for the discretion to over- or under-weight positions.

When was VRMGX launched?

Virtus KAR Mid-Cap Growth Fund (VRMGX) launched in January 2018 and is managed by the fund issuer.

How has VRMGX performed?

VRMGX'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.