Virtus NFJ Emerging Markets Value Fund (AZMIX)
The fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of companies that are domiciled in or tied economically to countries with emerging securities markets-that is, countries with securities markets which are, in the opinion of the portfolio managers, less sophisticated than more developed markets in terms of participation by investors, analyst coverage, liquidity and regulation.
Fund Info
| ISIN | US92838V3612 |
|---|---|
| CUSIP | 01880B298 |
| Issuer | Allianz Global Investors |
| Inception Date | Dec 17, 2012 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
AZMIX has a high expense ratio of 0.89%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus NFJ Emerging Markets Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Virtus NFJ Emerging Markets Value Fund had a return of -0.16% year-to-date (YTD) and 3.31% in the last 12 months. Over the past 10 years, Virtus NFJ Emerging Markets Value Fund had an annualized return of 2.63%, while the S&P 500 had an annualized return of 10.41%, indicating that Virtus NFJ Emerging Markets Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.16% | 6.17% |
| 1 month | -0.58% | -2.72% |
| 6 months | 6.15% | 17.29% |
| 1 year | 3.31% | 23.80% |
| 5 years (annualized) | 0.32% | 11.47% |
| 10 years (annualized) | 2.63% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.64% | 4.38% | 3.17% | -0.06% | ||||||||
| 2023 | -6.02% | 4.41% | 3.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AZMIX is 13, indicating that it is in the bottom 13% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Virtus NFJ Emerging Markets Value Fund(AZMIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus NFJ Emerging Markets Value Fund (AZMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Virtus NFJ Emerging Markets Value Fund granted a 1.73% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.28 | $0.31 | $0.12 | $0.35 | $0.50 | $0.44 | $0.47 | $0.33 | $0.45 | $0.75 | $0.42 |
Dividend yield | 1.73% | 1.80% | 2.08% | 0.57% | 1.68% | 2.96% | 3.07% | 2.53% | 2.41% | 3.62% | 5.31% | 2.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus NFJ Emerging Markets Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.10 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.07 |
| 2015 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.19 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.61 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus NFJ Emerging Markets Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Virtus NFJ Emerging Markets Value Fund was 44.57%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Virtus NFJ Emerging Markets Value Fund drawdown is 29.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.57% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -36.59% | Jan 29, 2018 | 541 | Mar 23, 2020 | 140 | Oct 9, 2020 | 681 |
| -31.42% | Sep 8, 2014 | 346 | Jan 21, 2016 | 292 | Mar 20, 2017 | 638 |
| -14.83% | May 9, 2013 | 78 | Aug 28, 2013 | 185 | May 23, 2014 | 263 |
| -5.17% | Jan 26, 2021 | 4 | Jan 29, 2021 | 8 | Feb 10, 2021 | 12 |
Volatility
Volatility Chart
The current Virtus NFJ Emerging Markets Value Fund volatility is 5.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.