- ISIN
- US92837F4587
- CUSIP
- 92837F458
- Issuer
- Virtus
- Inception Date
- Nov 30, 2001
- Category
- Mid Cap Value Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SMVTX Performance Chart
Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) is up 16.5% since the beginning of the year. SMVTX is currently trading at $14 per share. Investors who bought $1,000 worth of SMVTX shares 5 years ago would now be looking at an investment worth $1,681.
Loading charts...
Compare this symbol against anything
Returns By Period
Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) has returned 16.53% so far this year and 29.40% over the past 12 months. Over the last ten years, SMVTX has returned 11.55% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Virtus Ceredex Mid-Cap Value Equity Fund
- 1D
- 1.19%
- 1M
- -3.94%
- 6M
- 8.69%
- YTD
- 16.53%
- 1Y
- 29.40%
- 3Y*
- 19.22%
- 5Y*
- 10.94%
- 10Y*
- 11.55%
- ALL TIME*
- 10.04%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
SMVTX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2002, SMVTX's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.21% | 6.18% | -4.08% | 9.18% | 0.56% | 3.68% | -6.25% | 16.53% | |||||
| 2025 | 4.42% | -2.95% | -6.25% | -1.84% | 5.27% | 4.70% | 4.52% | 2.40% | 2.11% | 2.60% | 2.46% | -0.44% | 17.58% |
| 2024 | -1.19% | 5.15% | 5.14% | -4.34% | 3.24% | -2.47% | 3.71% | 1.71% | 0.31% | -2.28% | 7.25% | 1.94% | 18.93% |
| 2023 | 5.39% | -4.14% | -1.56% | 0.93% | -4.44% | 8.04% | 2.96% | -2.79% | -4.30% | -3.75% | 9.34% | 6.21% | 10.94% |
| 2022 | -5.44% | -3.15% | 2.44% | -6.76% | 0.77% | -8.51% | 8.18% | -2.82% | -9.47% | 7.66% | 7.60% | -3.14% | -13.89% |
| 2021 | -1.05% | 5.15% | 7.15% | 4.28% | 2.50% | 0.34% | 0.07% | 1.22% | -3.20% | 5.59% | -2.35% | 6.86% | 29.15% |
Benchmark Metrics
Virtus Ceredex Mid-Cap Value Equity Fund has an annualized alpha of 2.27%, beta of 1.01, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 02, 2002.
- This fund captured 114.43% of S&P 500 Index gains and 104.09% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.27% 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.
- Alpha
- 2.27%
- Beta
- 1.01
- R²
- 0.84
- Upside Capture
- 114.43%
- Downside Capture
- 104.09%
Expense Ratio
SMVTX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SMVTX ranks 72 for risk / return — above 72% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) 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.
| SMVTX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 2.00 | +1.31 |
| Martin ratioReturn relative to average drawdown | 10.95 | 8.49 | +2.46 |
Dividends
Dividend History
Virtus Ceredex Mid-Cap Value Equity Fund provided a 14.98% dividend yield over the last twelve months, with an annual payout of $2.05 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 | $2.05 | $1.98 | $1.92 | $0.14 | $0.73 | $2.48 | $0.31 | $0.75 | $1.48 | $2.64 | $0.50 | $0.85 |
Dividend yield | 14.98% | 16.44% | 15.96% | 1.16% | 6.75% | 18.53% | 2.52% | 5.82% | 14.47% | 20.86% | 3.61% | 7.05% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.43 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $1.98 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.91 | $1.92 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.48 | $2.48 |
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.
Loading charts...
Worst Drawdowns
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 7.01%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-54.72%Nov 2008 | 1y 5mo | 1y 4mo | 2y 10moJun 2007 - Apr 2010 | Financial crisis2007–2009 |
-45.45%Mar 2020 | 1mo 8d | 9mo 19d | 10mo 27dFeb 2020 - Jan 2021 | COVID crash2020 |
-39.01%Oct 2002 | 5mo 24d | 1y 4mo | 1y 9moApr 2002 - Feb 2004 | Dot-com crash2000–2002 |
-30.93%Oct 2011 | 5mo 4d | 1y 2mo | 1y 7moMay 2011 - Dec 2012 | — |
-25.44%Oct 2022 | 9mo 12d | 1y 4mo | 2y 2moJan 2022 - Mar 2024 | Bear market2022 |
Drawdown Indicators
| SMVTX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.72% | -56.78% | +2.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.10% | -9.10% | +1.00% |
Max Drawdown (3Y)Largest decline over 3 years | -24.75% | -18.90% | -5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -25.43% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -45.45% | -33.92% | -11.53% |
Current DrawdownCurrent decline from peak | -7.01% | -1.58% | -5.43% |
Average DrawdownAverage peak-to-trough decline | -8.20% | -10.70% | +2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.14% | +0.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SMVTX
Add Virtus Ceredex Mid-Cap Value Equity Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SMVTX