Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX)

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The chart shows the growth of an initial investment of $10,000 in Virtus Ceredex Mid-Cap Value Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) has returned 6.38% so far this year and 31.66% over the past 12 months. Over the last ten years, SMVTX has returned 11.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2002, SMVTX's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Oct 2011 with a return of +15.6%, while the worst month was Mar 2020 at -24.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SMVTX closed higher 52% of trading days. The best single day was Dec 18, 2024 with a return of +16.9%, while the worst single day was Mar 16, 2020 at -13.1%.

Virtus Ceredex Mid-Cap Value Equity Fund has an annualized alpha of 2.61%, beta of 1.01, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 03, 2002.

• This fund captured 115.99% of S&P 500 Index gains and 103.71% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.61% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.01 and R² of 0.84, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

SMVTX has a high expense ratio of 0.99%, indicating above-average management fees.

SMVTX ranks 83 for risk / return — in the top 83% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) and compare them to a chosen benchmark (S&P 500 Index).

Virtus Ceredex Mid-Cap Value Equity Fund provided a 15.45% dividend yield over the last twelve months, with an annual payout of $1.98 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Virtus Ceredex Mid-Cap Value Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Virtus Ceredex Mid-Cap Value Equity 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 Ceredex Mid-Cap Value Equity Fund was 54.72%, occurring on Nov 20, 2008. Recovery took 342 trading sessions.

The current Virtus Ceredex Mid-Cap Value Equity Fund drawdown is 7.02%.

The chart below shows the rolling one-month volatility.