Virtus Global Allocation Fund (PALAX)
The investment seeks after-inflation capital appreciation and current income. The fund seeks to achieve its investment objective through a combination of active allocation between asset classes and actively managed strategies within those asset classes. It allocates its investments among asset classes in response to changing market, economic, and political factors and events that the portfolio managers believe may affect the value of the fund's investments. In making investment decisions for the fund, the portfolio managers seek to identify trends and turning points in the global markets.
Fund Info
US92838V7670
01900C771
Sep 29, 1998
$2,500
Large-Cap
Blend
Expense Ratio
PALAX features an expense ratio of 0.52%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Global Allocation 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 Global Allocation Fund had a return of 3.19% year-to-date (YTD) and 9.24% in the last 12 months. Over the past 10 years, Virtus Global Allocation Fund had an annualized return of 0.95%, while the S&P 500 had an annualized return of 11.31%, indicating that Virtus Global Allocation Fund did not perform as well as the benchmark.
PALAX
3.19%
2.10%
1.20%
9.24%
1.07%
0.95%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PALAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.13% | 3.19% | |||||||||||
| 2024 | -1.00% | 1.31% | 2.69% | -4.17% | 3.54% | 0.78% | 2.23% | 2.27% | 1.85% | -2.82% | 3.18% | -4.42% | 5.12% |
| 2023 | 6.09% | -3.07% | 2.85% | 1.23% | -2.33% | 3.22% | 2.72% | -3.24% | -4.76% | -2.98% | 7.57% | 4.83% | 11.78% |
| 2022 | -4.23% | -2.79% | 0.18% | -5.39% | 0.39% | -5.20% | 5.07% | -4.04% | -7.04% | 2.55% | 7.34% | -7.41% | -19.78% |
| 2021 | -1.75% | 0.80% | 1.93% | 2.61% | 1.44% | 1.12% | 1.82% | 1.55% | -3.63% | 3.59% | -1.53% | -4.33% | 3.33% |
| 2020 | 1.22% | -4.07% | -9.82% | 7.43% | 3.51% | 1.83% | 3.62% | 3.58% | -1.51% | -2.79% | 8.43% | -1.46% | 8.85% |
| 2019 | 4.71% | 1.44% | 1.71% | 1.87% | -3.13% | 4.66% | -0.09% | 0.18% | 0.38% | 1.45% | 1.70% | -5.82% | 8.93% |
| 2018 | 3.45% | -3.92% | -0.91% | -0.44% | -0.18% | -1.05% | 2.05% | 0.70% | -0.26% | -5.58% | 0.83% | -7.57% | -12.63% |
| 2017 | 1.91% | 2.23% | 0.80% | 1.31% | 1.63% | 0.47% | 2.02% | 0.91% | 1.14% | 1.38% | 0.96% | -4.37% | 10.70% |
| 2016 | -2.41% | 0.10% | 3.77% | 0.09% | 0.37% | 0.64% | 2.00% | -0.09% | 0.18% | -1.60% | -1.09% | 1.65% | 3.51% |
| 2015 | -0.09% | 3.29% | -0.35% | 1.02% | 0.50% | -2.20% | 0.26% | -4.53% | -1.43% | 3.83% | -0.35% | -5.02% | -5.33% |
| 2014 | -2.09% | 3.08% | 0.72% | 0.58% | 1.49% | 1.42% | -1.13% | 1.55% | -2.72% | 0.66% | 0.25% | -3.04% | 0.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PALAX is 50, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Global Allocation Fund (PALAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Virtus Global Allocation Fund provided a 1.78% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.26 | $0.11 | $0.23 | $0.17 | $0.20 | $0.18 | $0.59 | $0.18 | $0.17 | $0.46 |
Dividend yield | 1.78% | 1.84% | 2.60% | 1.15% | 1.97% | 1.49% | 1.84% | 1.76% | 5.09% | 1.61% | 1.55% | 3.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Global Allocation 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.23 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.20 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.13 | $0.18 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.50 | $0.59 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.18 |
| 2015 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2014 | $0.10 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.25 | $0.46 |
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 Global 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 Global Allocation Fund was 42.45%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
The current Virtus Global Allocation Fund drawdown is 9.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.45% | Nov 1, 2007 | 338 | Mar 9, 2009 | 420 | Nov 4, 2010 | 758 |
| -28.56% | Dec 28, 2017 | 561 | Mar 23, 2020 | 174 | Nov 27, 2020 | 735 |
| -27.99% | Nov 10, 2021 | 234 | Oct 14, 2022 | — | — | — |
| -21.04% | Mar 20, 2002 | 141 | Oct 9, 2002 | 226 | Sep 4, 2003 | 367 |
| -17.29% | May 2, 2011 | 108 | Oct 3, 2011 | 239 | Sep 14, 2012 | 347 |
Volatility
Volatility Chart
The current Virtus Global Allocation Fund volatility is 2.13%, 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.