Virtus KAR Long/Short Equity Fund (VLSIX)
Normally, the fund invests at least 80% of its assets in equity securities and equity-related instruments, in long and short positions of U.S.-listed equity securities of any capitalization. Its investments may include securities of U.S. and foreign issuers, including securities of issuers in emerging market countries and securities denominated in a currency other than the U.S. dollar. The fund may invest in derivative instruments, such as options or futures, as an alternative method to take a short position consistent with the fund's investment strategy described herein. It is non-diversified.
Fund Info
US92835M5132
92835M513
Dec 5, 2018
$100,000
Mid-Cap
Growth
Expense Ratio
VLSIX has a high expense ratio of 1.56%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Virtus KAR Long/Short Equity Fund (VLSIX) returned 2.49% year-to-date (YTD) and 7.91% over the past 12 months.
VLSIX
2.49%
8.65%
-5.02%
7.91%
7.64%
6.72%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of VLSIX, 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 | 2.49% | -2.60% | -2.90% | -2.21% | 8.12% | 2.49% | |||||||
| 2024 | 0.92% | 2.05% | 3.97% | -7.64% | 2.50% | 0.97% | -0.79% | 3.23% | 1.04% | 2.01% | 6.45% | -7.47% | 6.45% |
| 2023 | 6.32% | -0.80% | -1.61% | 1.88% | -1.66% | 4.82% | 2.69% | -0.23% | -3.03% | -4.27% | 7.92% | 1.90% | 13.98% |
| 2022 | -9.36% | -3.26% | 1.10% | -5.86% | -3.54% | -3.03% | 6.71% | -3.36% | -3.60% | 5.11% | 2.31% | -2.14% | -18.33% |
| 2021 | -1.83% | 1.40% | -1.78% | 7.01% | -1.85% | 2.72% | 1.79% | 2.66% | -4.14% | 3.40% | -0.89% | 3.96% | 12.56% |
| 2020 | 3.98% | -2.45% | -9.25% | 8.48% | 9.62% | 3.36% | 4.18% | 3.44% | -1.17% | 2.93% | 5.75% | 1.06% | 32.52% |
| 2019 | 7.34% | 7.51% | 2.51% | 4.55% | -2.51% | 5.15% | 3.10% | 0.40% | -1.26% | 1.52% | 3.07% | 2.03% | 38.33% |
| 2018 | -3.30% | -3.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VLSIX is 31, 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 KAR Long/Short Equity Fund (VLSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Virtus KAR Long/Short Equity Fund provided a 7.06% dividend yield over the last twelve months, with an annual payout of $1.25 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.25 | $0.14 | $0.69 | $0.07 | $0.14 | $0.05 |
Dividend yield | 7.06% | 7.24% | 0.78% | 4.51% | 0.35% | 0.83% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus KAR Long/Short 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $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 | $1.25 | $1.25 |
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.69 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2020 | $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 |
| 2019 | $0.05 | $0.05 |
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 Long/Short 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 KAR Long/Short Equity Fund was 25.84%, occurring on Jun 16, 2022. Recovery took 581 trading sessions.
The current Virtus KAR Long/Short Equity Fund drawdown is 5.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.84% | Dec 31, 2021 | 116 | Jun 16, 2022 | 581 | Oct 9, 2024 | 697 |
| -25.82% | Feb 20, 2020 | 23 | Mar 23, 2020 | 47 | May 29, 2020 | 70 |
| -18.45% | Nov 26, 2024 | 90 | Apr 8, 2025 | — | — | — |
| -7.67% | Dec 13, 2018 | 8 | Dec 24, 2018 | 16 | Jan 17, 2019 | 24 |
| -6.89% | Sep 7, 2021 | 20 | Oct 4, 2021 | 31 | Nov 16, 2021 | 51 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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