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ISIN
US92828N7912
CUSIP
92828N791
Issuer
Virtus
Inception Date
Sep 5, 1940
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

NAINX Performance Chart

Virtus Tactical Allocation Fund (NAINX) is up 1.8% since the beginning of the year. NAINX is currently trading at $10 per share. Investors who bought $1,000 worth of NAINX shares 5 years ago would now be looking at an investment worth $1,148.


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S&P 500 Index

Returns By Period

Virtus Tactical Allocation Fund (NAINX) has returned 1.80% so far this year and 3.38% over the past 12 months. Over the last ten years, NAINX has returned 8.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.


Virtus Tactical Allocation Fund

1D
0.72%
1M
3.47%
YTD
1.80%
6M
1.57%
1Y
3.38%
3Y*
10.96%
5Y*
2.80%
10Y*
8.17%

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.25%
YTD
11.16%
6M
11.43%
1Y
28.20%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NAINX Monthly Returns History

Based on dividend-adjusted daily data since Jan 2, 1980, NAINX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +10.5%, while the worst month was Oct 2008 at -11.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 8 months.

On a daily basis, NAINX closed higher 49% of trading days. The best single day was Aug 26, 1986 with a return of +10.1%, while the worst single day was Apr 30, 1985 at -12.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.41%-1.03%-5.69%4.86%2.84%0.72%1.80%
20252.84%-0.37%-2.90%1.81%3.56%2.86%-0.44%0.00%0.38%0.18%-0.53%-0.59%6.83%
20241.53%4.99%0.99%-4.36%3.35%1.69%1.15%3.34%1.84%-1.59%4.43%-3.70%14.00%
20238.03%-2.65%2.32%0.75%0.21%4.95%3.33%-1.47%-5.15%-3.25%9.11%5.28%22.38%
2022-8.64%-3.01%-0.67%-10.43%-3.49%-7.02%7.57%-2.61%-8.18%2.92%4.81%-2.58%-28.48%
2021-2.50%1.55%-0.96%4.48%-1.85%3.95%1.02%3.52%-3.79%3.39%-1.81%-0.12%6.63%

Benchmark Metrics

Virtus Tactical Allocation Fund has an annualized alpha of 1.74%, beta of 0.50, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

  • This fund participated in 63.71% of S&P 500 Index downside but only 58.43% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.50 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.74%
Beta
0.50
0.64
Upside Capture
58.43%
Downside Capture
63.71%

Expense Ratio

NAINX has a high expense ratio of 1.00%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

NAINX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


NAINX Risk / Return Rank: 55
Overall Rank
NAINX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
NAINX Sortino Ratio Rank: 55
Sortino Ratio Rank
NAINX Omega Ratio Rank: 55
Omega Ratio Rank
NAINX Calmar Ratio Rank: 44
Calmar Ratio Rank
NAINX Martin Ratio Rank: 55
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 Tactical Allocation Fund (NAINX) and compare them to S&P 500 Index.


NAINXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.42

2.39

-1.97

Sortino ratio

Return per unit of downside risk

0.66

3.25

-2.60

Omega ratio

Gain probability vs. loss probability

1.08

1.43

-0.36

Calmar ratio

Return relative to maximum drawdown

0.36

3.11

-2.75

Martin ratio

Return relative to average drawdown

1.19

14.38

-13.19

Dividends

Dividend History

Virtus Tactical Allocation Fund provided a 15.81% dividend yield over the last twelve months, with an annual payout of $1.56 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%5.00%10.00%15.00%$0.00$0.50$1.00$1.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.56$1.54$1.41$0.20$0.64$0.99$0.27$0.23$0.36$0.24$0.85$0.63

Dividend yield

15.81%15.87%13.38%1.94%7.34%7.54%2.06%2.24%4.41%2.61%10.78%7.34%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus Tactical Allocation 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$0.04$0.00$0.00$0.00$0.04
2025$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$1.41$1.54
2024$0.00$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$1.31$1.41
2023$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.13$0.20
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.63$0.64
2021$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.96$0.99

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 Tactical Allocation 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 Tactical Allocation Fund was 36.50%, occurring on Oct 14, 2022. Recovery took 648 trading sessions.

The current Virtus Tactical Allocation Fund drawdown is 0.49%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-36.50%Oct 2022
11mo 8d2y 7mo
3y 6moNov 2021 - May 2025
Financial crisis2007–2009
-33.92%Mar 2009
1y 4mo1y 8mo
3y 4dNov 2007 - Nov 2010
COVID crash2020
-24.45%Mar 2020
1mo 2d2mo 12d
3mo 14dFeb 2020 - Jun 2020
Dot-com crash2000–2002
-19.59%Oct 2002
2y 1mo1y 2mo
3y 3moSep 2000 - Dec 2003
2016 correction2016
-17.91%Feb 2016
8mo 25d1y 2mo
1y 11moMay 2015 - Apr 2017

Drawdown Indicators


NAINXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-36.50%

-56.78%

+20.28%

Max Drawdown (1Y)

Largest decline over 1 year

-10.19%

-9.10%

-1.09%

Max Drawdown (3Y)

Largest decline over 3 years

-11.79%

-18.90%

+7.11%

Max Drawdown (5Y)

Largest decline over 5 years

-36.50%

-25.43%

-11.07%

Max Drawdown (10Y)

Largest decline over 10 years

-36.50%

-33.92%

-2.58%

Current Drawdown

Current decline from peak

-0.49%

0.00%

-0.49%

Average Drawdown

Average peak-to-trough decline

-5.27%

-10.72%

+5.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.08%

1.97%

+1.11%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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