# Virtus KAR Mid-Cap Growth Fund (VRMGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vrmgx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2018-01-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $39.63 | | Expense Ratio | 0.83% | | AUM (All Share Classes) | $547.7M | | NAV | $39.63 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | $18.09 /share | | Distribution Frequency | Irregular | | 52-Week Range | $35.60 – $64.76 | | Beta | 1.15 | ## Latest Distribution - Amount: $18.0927 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### 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. ### Does VRMGX pay a dividend? Virtus KAR Mid-Cap Growth Fund (VRMGX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VRMGX pay dividends? Virtus KAR Mid-Cap Growth Fund pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VRMGX's dividend yield? VRMGX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is VRMGX's next ex-dividend date? The most recently announced ex-dividend date for VRMGX was 2025-12-16. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will VRMGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.83% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VRMGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VRMGX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VRMGX cost more than a fund like VOO? VRMGX is actively managed (current expense ratio 0.83%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VRMGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VRMGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VRMGX (0.83%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vrmgx - Distribution history: https://www.dividenddata.com/funds/vrmgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vrmgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vrmgx/expenses - Peer comparison: https://www.dividenddata.com/funds/vrmgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.