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ISIN
US92838V3612
CUSIP
01880B298
Issuer
Allianz
Inception Date
Dec 17, 2012
Min. Investment
$1,000,000
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

AZMIX Performance Chart

Virtus NFJ Emerging Markets Value Fund (AZMIX) is up 26.6% since the beginning of the year. AZMIX is currently trading at $25 per share. Investors who bought $1,000 worth of AZMIX shares 5 years ago would now be looking at an investment worth $1,279.


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S&P 500 Index

Returns By Period

Virtus NFJ Emerging Markets Value Fund (AZMIX) has returned 26.64% so far this year and 49.99% over the past 12 months. Over the last ten years, AZMIX has returned 9.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Virtus NFJ Emerging Markets Value Fund

1D
2.76%
1M
5.73%
YTD
26.64%
6M
27.60%
1Y
49.99%
3Y*
17.58%
5Y*
5.04%
10Y*
9.10%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AZMIX Monthly Returns History

Based on dividend-adjusted daily data since Dec 24, 2012, AZMIX's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2022 with a return of +21.1%, while the worst month was Mar 2020 at -15.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, AZMIX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +8.0%, while the worst single day was Mar 16, 2020 at -10.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.11%4.41%-10.59%12.39%7.44%2.97%26.64%
20252.65%2.33%0.49%-0.12%4.17%5.65%0.67%3.04%11.54%1.20%-3.76%1.88%33.20%
2024-7.64%4.38%3.17%-0.06%0.52%0.45%-1.09%1.10%9.62%-4.81%-3.33%-0.26%0.98%
202312.64%-8.34%4.51%-2.76%-1.74%4.27%6.25%-7.01%-0.93%-6.02%4.40%3.79%7.15%
2022-4.64%-6.07%-5.60%-9.00%2.67%-4.85%-0.89%-0.64%-13.38%-5.60%21.12%-1.47%-27.76%
20213.80%-0.56%-2.87%3.65%2.82%1.53%-5.62%0.14%-4.64%3.50%-1.11%2.47%2.53%

Benchmark Metrics

Virtus NFJ Emerging Markets Value Fund has an annualized alpha of -2.00%, beta of 0.71, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since December 24, 2012.

  • This fund participated in 89.48% of S&P 500 Index downside but only 66.14% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.49 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-2.00%
Beta
0.71
0.49
Upside Capture
66.14%
Downside Capture
89.48%

Expense Ratio

AZMIX has an expense ratio of 0.89%, placing it in the medium range.


Return for Risk

Risk / Return Rank

AZMIX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


AZMIX Risk / Return Rank: 7373
Overall Rank
AZMIX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
AZMIX Sortino Ratio Rank: 5757
Sortino Ratio Rank
AZMIX Omega Ratio Rank: 7575
Omega Ratio Rank
AZMIX Calmar Ratio Rank: 8686
Calmar Ratio Rank
AZMIX Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Virtus NFJ Emerging Markets Value Fund (AZMIX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AZMIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.31

Sortino ratioReturn per unit of downside risk

+0.16

Omega ratioGain probability vs. loss probability

1.45

1.37

+0.08

Calmar ratioReturn relative to maximum drawdown

3.91

2.78

+1.13

Martin ratioReturn relative to average drawdown

12.70

12.44

+0.26

Dividends

Dividend History

Virtus NFJ Emerging Markets Value Fund provided a 2.49% dividend yield over the last twelve months, with an annual payout of $0.63 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.63$0.63$0.24$0.28$0.31$0.12$0.35$0.50$0.44$0.31$0.33$0.45

Dividend yield

2.49%3.15%1.57%1.80%2.08%0.57%1.68%2.96%3.07%1.70%2.41%3.62%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.63$0.63
2024$0.00$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.17$0.24
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$0.28
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$0.31
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$0.12

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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. Recovery took 806 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-44.57%Oct 2022
1y 8mo3y 2mo
4y 10moFeb 2021 - Jan 2026
COVID crash2020
-36.59%Mar 2020
2y 1mo6mo 20d
2y 8moJan 2018 - Oct 2020
2016 bear market2016
-31.42%Jan 2016
1y 4mo1y 1mo
2y 6moSep 2014 - Mar 2017
2013 correction2013
-14.83%Aug 2013
3mo 21d8mo 28d
1y 14dMay 2013 - May 2014
2026 correction2026
-12.58%Mar 2026
28d21d
1mo 19dFeb 2026 - Apr 2026

Drawdown Indicators


AZMIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-44.57%

-56.78%

+12.21%

Max Drawdown (1Y)

Largest decline over 1 year

-12.58%

-9.10%

-3.48%

Max Drawdown (3Y)

Largest decline over 3 years

-17.91%

-18.90%

+0.99%

Max Drawdown (5Y)

Largest decline over 5 years

-43.05%

-25.43%

-17.62%

Max Drawdown (10Y)

Largest decline over 10 years

-44.57%

-33.92%

-10.65%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-14.21%

-10.71%

-3.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.87%

2.03%

+1.84%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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