PXIIX - Virtus KAR Equity Income Fund Class I

Nasdaq - Nasdaq Delayed Price. Currency in USD

Virtus KAR Equity Income Fund Class I

Greenfield MA 01301

101 Munson Street

Virtus Equity Trust

Management Information
,Lead Manager since August 31, 2020
Richard Sherry, CFA is a Portfolio Manager and a Senior Research Analyst with primary responsibilities for the large-capitalization energy, financials, and utilities sectors. Mr. Sherry joined Kayne Anderson Rudnick in 1995 as a Marketing Analyst before becoming a Research Analyst. He has approximately 15 years of equity research experience. Before joining our organization, Mr. Sherry worked as Operations/Marketing Supervisor at Pilgrim Asset Management. He earned a B.A. in Economics from the University of California, Los Angeles, and an M.B.A. from the University of Southern California. Mr. Sherry is a Chartered Financial Analyst charterholder and a member of the CFA Society of Los Angeles, Inc.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryLarge Value
Fund FamilyVirtus
Net Assets139.38M
YTD Return-4.37%
Morningstar Rating★★★★
Inception DateJan 29, 2018

Fund Operations

Last Dividend0.60
Last Cap Gain3.00
Holdings TurnoverN/A
Average for CategoryN/A

Fees & Expenses

ExpensePXIIXCategory Average
Annual Report Expense Ratio (net)0.91%0.94%
Prospectus Net Expense Ratio0.91%N/A
Prospectus Gross Expense Ratio1.00%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.24%
Max Deferred Sales LoadN/A1.29%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A