Virtus KAR Mid-Cap Growth Fund (VRMGX)
Virtus KAR Mid-Cap Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Greenfield, MA, US. The stock last traded at $39.24, up 0.44% on the session, giving a market capitalisation of $542.3M. On trailing twelve-month figures it carries a trailing P/E of 1111.56, a net margin of 1.5%. Its beta of 1.14 implies it has historically moved more than the broad market.
Ordinarily, this fund commits a substantial portion—at least 80%—of its assets to equity investments in mid-capitalization companies. The subadviser strategically selects a focused group of these mid-cap growth firms, targeting those believed to be undervalued compared to their potential for future appreciation. Although its primary holdings are typically U.S.-based companies, the fund retains the option to invest in non-U.S. securities and depositary receipts.
Virtus KAR Mid-Cap Growth Fund is most often compared with the following Financial Services names: