Virtus Mid-Cap Growth Fund (DRMCX)
The investment seeks long-term capital appreciation. The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in common stocks and other equity securities of medium-sized companies. The adviser currently defines medium-sized companies as those having market capitalizations comparable to those companies included in the Russell Midcap Growth Index. The fund normally invests primarily in equity securities of U.S. companies.
Fund Info
| ISIN | US92837N2953 |
|---|---|
| CUSIP | 018919688 |
| Issuer | Allianz Global Investors |
| Inception Date | Nov 6, 1979 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
DRMCX has a high expense ratio of 0.83%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: DRMCX vs. JANEX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Mid-Cap Growth 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 Mid-Cap Growth Fund had a return of 6.15% year-to-date (YTD) and 26.03% in the last 12 months. Over the past 10 years, Virtus Mid-Cap Growth Fund had an annualized return of 11.67%, outperforming the S&P 500 benchmark which had an annualized return of 10.37%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.15% | 5.57% |
| 1 month | -3.72% | -4.16% |
| 6 months | 30.81% | 20.07% |
| 1 year | 26.03% | 20.82% |
| 5 years (annualized) | 12.04% | 11.56% |
| 10 years (annualized) | 11.67% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.02% | 6.69% | 2.28% | |||||||||
| 2023 | -6.82% | 13.89% | 8.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRMCX is 62, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Virtus Mid-Cap Growth Fund(DRMCX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Mid-Cap Growth Fund (DRMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Virtus Mid-Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $1.59 | $0.58 | $0.19 | $0.48 | $0.38 | $0.27 | $0.21 | $0.54 |
Dividend yield | 0.00% | 0.00% | 0.00% | 27.35% | 9.02% | 4.12% | 14.34% | 8.78% | 7.35% | 5.65% | 14.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Mid-Cap Growth 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 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.59 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| 2014 | $0.54 |
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 Mid-Cap Growth 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 Mid-Cap Growth Fund was 85.98%, occurring on Oct 7, 2002. Recovery took 4347 trading sessions.
The current Virtus Mid-Cap Growth Fund drawdown is 29.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -85.98% | Sep 5, 2000 | 523 | Oct 7, 2002 | 4347 | Jan 16, 2020 | 4870 |
| -50.82% | Dec 16, 2021 | 126 | Jun 16, 2022 | — | — | — |
| -34.27% | Feb 20, 2020 | 20 | Mar 18, 2020 | 51 | Jun 1, 2020 | 71 |
| -16.44% | Jul 18, 2000 | 9 | Jul 28, 2000 | 24 | Aug 31, 2000 | 33 |
| -13.23% | Feb 16, 2021 | 15 | Mar 8, 2021 | 34 | Apr 26, 2021 | 49 |
Volatility
Volatility Chart
The current Virtus Mid-Cap Growth Fund volatility is 5.72%, 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.