- ISIN
- US92828N8746
- CUSIP
- 92828N874
- Issuer
- Virtus
- Inception Date
- Sep 25, 1997
- Category
- Large Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PDIAX Performance Chart
Virtus KAR Equity Income Fund (PDIAX) is up 12.4% since the beginning of the year. PDIAX is currently trading at $24 per share. Investors who bought $1,000 worth of PDIAX shares 5 years ago would now be looking at an investment worth $1,472.
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Returns By Period
Virtus KAR Equity Income Fund (PDIAX) has returned 12.36% so far this year and 20.51% over the past 12 months. Over the last ten years, PDIAX has returned 10.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Virtus KAR Equity Income Fund
- 1D
- 0.43%
- 1M
- 1.79%
- YTD
- 12.36%
- 6M
- 11.63%
- 1Y
- 20.51%
- 3Y*
- 12.53%
- 5Y*
- 8.04%
- 10Y*
- 10.59%
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%
PDIAX Monthly Returns History
Based on dividend-adjusted daily data since Sep 25, 1997, PDIAX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Oct 2011 with a return of +14.0%, while the worst month was Oct 2008 at -17.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PDIAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.6%, while the worst single day was Mar 16, 2020 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.27% | 3.42% | -4.32% | 5.86% | 1.41% | 1.45% | 12.36% | ||||||
| 2025 | 2.27% | 2.08% | -1.65% | -0.58% | 4.35% | 1.99% | 0.45% | 2.04% | 2.23% | -1.71% | 2.05% | -0.65% | 13.45% |
| 2024 | 0.42% | 0.37% | 4.05% | -4.00% | 2.65% | -0.76% | 5.77% | 2.46% | 2.17% | -2.26% | 4.25% | -5.71% | 9.10% |
| 2023 | 0.93% | -2.35% | 0.21% | 0.84% | -5.90% | 4.29% | 2.27% | -2.53% | -4.02% | -1.65% | 5.16% | 4.53% | 1.08% |
| 2022 | -1.52% | -1.06% | 2.38% | -2.76% | 3.23% | -4.45% | 2.38% | -3.53% | -8.43% | 7.23% | 7.15% | -2.02% | -2.58% |
| 2021 | -1.81% | 1.68% | 7.25% | 3.53% | 2.06% | -2.07% | 0.58% | 1.53% | -3.76% | 2.69% | -2.33% | 7.17% | 17.04% |
Benchmark Metrics
Virtus KAR Equity Income Fund has an annualized alpha of 0.96%, beta of 0.95, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since September 25, 1997.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (96.05%) than losses (93.86%) - typical of diversified or defensive assets.
- With beta of 0.95 and R2 of 0.91, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.96%
- Beta
- 0.95
- R²
- 0.91
- Upside Capture
- 96.05%
- Downside Capture
- 93.86%
Expense Ratio
PDIAX has a high expense ratio of 1.20%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PDIAX ranks 71 for risk / return — better than 71% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Virtus KAR Equity Income Fund (PDIAX) 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.
| PDIAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 2.78 | +0.52 |
| Martin ratioReturn relative to average drawdown | 14.05 | 12.44 | +1.61 |
Dividends
Dividend History
Virtus KAR Equity Income Fund provided a 6.63% dividend yield over the last twelve months, with an annual payout of $1.59 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.59 | $1.41 | $0.58 | $0.52 | $1.13 | $0.88 | $6.61 | $0.21 | $0.21 | $3.15 | $0.70 | $3.53 |
Dividend yield | 6.63% | 6.52% | 2.88% | 2.71% | 5.83% | 4.16% | 35.18% | 0.95% | 1.20% | 15.53% | 3.60% | 19.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus KAR Equity Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.19 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.64 | $1.41 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $1.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
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 KAR Equity Income 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 KAR Equity Income Fund was 53.27%, occurring on Mar 9, 2009. Recovery took 968 trading sessions.
The current Virtus KAR Equity Income Fund drawdown is 0.52%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -53.27%Mar 2009 | 1y 5mo | 3y 10mo | 5y 3moOct 2007 - Jan 2013 |
Dot-com crash2000–2002 | -41.48%Oct 2002 | 2y 1mo | 2y 9mo | 4y 11moSep 2000 - Aug 2005 |
COVID crash2020 | -35.26%Mar 2020 | 1mo 2d | 5mo 6d | 6mo 8dFeb 2020 - Aug 2020 |
Rate-hike selloffLate 2018 | -22.11%Dec 2018 | 10mo 29d | 10mo 5d | 1y 8moJan 2018 - Oct 2019 |
1998 bear market1998 | -21.12%Oct 1998 | 2mo 20d | 2mo 14d | 5mo 4dJul 1998 - Dec 1998 |
Drawdown Indicators
| PDIAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.27% | -56.78% | +3.51% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -9.10% | +2.88% |
Max Drawdown (3Y)Largest decline over 3 years | -12.04% | -18.90% | +6.86% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -25.43% | +9.22% |
Max Drawdown (10Y)Largest decline over 10 years | -35.26% | -33.92% | -1.34% |
Current DrawdownCurrent decline from peak | -0.52% | -1.80% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -8.36% | -10.71% | +2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 2.03% | -0.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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