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 features an expense ratio of 0.83%, falling within the medium range.
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 22.75% year-to-date (YTD) and 43.30% in the last 12 months. Over the past 10 years, Virtus Mid-Cap Growth Fund had an annualized return of 3.43%, while the S&P 500 had an annualized return of 11.37%, indicating that Virtus Mid-Cap Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 22.75% | 25.23% |
| 1 month | 6.58% | 3.86% |
| 6 months | 13.23% | 14.56% |
| 1 year | 43.30% | 36.29% |
| 5 years (annualized) | 6.28% | 14.10% |
| 10 years (annualized) | 3.43% | 11.37% |
Monthly Returns
The table below presents the monthly returns of DRMCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.02% | 6.69% | 2.28% | -3.72% | 0.97% | 2.10% | -1.69% | 2.67% | 3.34% | -0.00% | 22.75% | ||
| 2023 | 7.42% | -0.24% | 0.48% | -2.38% | 1.22% | 9.86% | 2.84% | -4.47% | -5.35% | -6.82% | 13.89% | 8.20% | 24.81% |
| 2022 | -15.34% | -0.61% | 0.41% | -12.24% | -3.95% | -9.93% | 11.83% | -1.92% | -8.58% | 7.51% | 3.99% | -6.24% | -32.59% |
| 2021 | 0.16% | 5.12% | -2.80% | 6.83% | -2.56% | 4.66% | 3.20% | 2.16% | -4.49% | 8.44% | -3.32% | -23.48% | -9.94% |
| 2020 | 1.99% | -4.55% | -13.15% | 14.36% | 12.33% | 3.46% | 7.86% | 6.92% | -0.68% | -0.00% | 13.38% | -2.57% | 42.16% |
| 2019 | 15.02% | 4.96% | 1.74% | 4.89% | -5.59% | 8.40% | 2.28% | -1.78% | -1.59% | -0.23% | 6.24% | -1.52% | 36.04% |
| 2018 | 4.90% | -2.67% | 0.00% | -2.28% | 3.50% | -0.00% | 2.03% | 6.19% | -0.21% | -12.11% | 0.95% | -21.65% | -22.38% |
| 2017 | 4.29% | 3.34% | 1.24% | 0.49% | 3.42% | -0.47% | 2.85% | 0.46% | 1.15% | 3.18% | 2.64% | -7.94% | 15.01% |
| 2016 | -9.38% | -0.00% | 8.88% | 0.54% | 3.51% | -1.31% | 6.08% | -0.25% | 0.75% | -4.96% | 4.96% | -7.21% | 0.00% |
| 2015 | -1.05% | 6.08% | 0.75% | -1.73% | 2.52% | -1.23% | 1.99% | -4.63% | -4.86% | 5.65% | 2.04% | -6.98% | -2.36% |
| 2014 | -2.46% | 7.30% | -2.58% | -3.13% | 2.24% | 3.41% | -2.35% | 3.61% | -2.56% | 1.19% | 3.07% | -12.59% | -6.14% |
| 2013 | 7.80% | 1.57% | 3.72% | 0.30% | 3.87% | -0.86% | 6.07% | -2.45% | 5.87% | 2.11% | 1.03% | 4.09% | 37.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRMCX is 57, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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
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.
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 87.23%, occurring on Nov 20, 2008. The portfolio has not yet recovered.
The current Virtus Mid-Cap Growth Fund drawdown is 45.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -87.23% | Sep 5, 2000 | 2060 | Nov 20, 2008 | — | — | — |
| -16.44% | Jul 18, 2000 | 9 | Jul 28, 2000 | 24 | Aug 31, 2000 | 33 |
| -5.89% | Jun 22, 2000 | 2 | Jun 23, 2000 | 9 | Jul 10, 2000 | 11 |
| -3.35% | Jun 5, 2000 | 6 | Jun 12, 2000 | 1 | Jun 13, 2000 | 7 |
| -0.73% | Jun 14, 2000 | 1 | Jun 14, 2000 | 1 | Jun 15, 2000 | 2 |
Volatility
Volatility Chart
The current Virtus Mid-Cap Growth Fund volatility is 5.51%, 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.