Investment objective & strategy
As of April 23, 2025 · prospectusObjective. The fund has an investment objective of seeking to provide capital appreciation.
Strategy. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks and other U.S.-traded equity securities of large-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (ADRs). The subadviser considers large-capitalization companies to be companies with market capitalizations generally within those of companies in the Russell 1000 Growth Index. As of December 31, 2024, the market capitalization range of the companies in the Russell 1000 Growth Index was $664 million to $3.7 trillion. As a result of its investment strategy, the fund may focus its investments in one or more sectors. The subadviser will seek out securities it believes have strong business fundamentals, such as revenue growth, improving … Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks and other U.S.-traded equity securities of large-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (ADRs). The subadviser considers large-capitalization companies to be companies with market capitalizations generally within those of companies in the Russell 1000 Growth Index. As of December 31, 2024, the market capitalization range of the companies in the Russell 1000 Growth Index was $664 million to $3.7 trillion. As a result of its investment strategy, the fund may focus its investments in one or more sectors. The subadviser will seek out securities it believes have strong business fundamentals, such as revenue growth, improving cash flows, increasing margins and positive earning trends. In selecting investments for purchase and sale, the subadviser chooses companies that it believes have above-average growth potential to beat expectations. The subadviser uses a bottom-up process based on company fundamentals. Risk controls are in place to assist in maintaining a portfolio that is diversified by sector and minimizes unintended risks relative to the primary benchmark. The subadviser then performs in-depth fundamental analysis to determine the quality and sustainability of expectations to determine whether or not the company is poised to beat expectations. The subadviser also applies proprietary quantitative models to rank stocks based on improving fundamentals, valuation, capital deployment and efficiency and sentiment or behavior factors. The fund is non-diversified under federal securities laws.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $34.14M | 15.28% |
| MICROSOFT CORP | — | $22.06M | 9.87% |
| APPLE INC | — | $21.08M | 9.44% |
| AMAZON.COM INC | — | $12.96M | 5.80% |
| ALPHABET INC CL A | — | $11.20M | 5.01% |
| BROADCOM INC | — | $10.40M | 4.65% |
| META PLATFORMS INC CL A | — | $9.36M | 4.19% |
| LILLY ELI and CO | — | $9.31M | 4.17% |
| ALPHABET INC CL C | — | $6.10M | 2.73% |
| NETFLIX INC | — | $5.72M | 2.56% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Virtus Silvant Focused Growth Fund · PGWAX, PGWCX, PGFIX, AFGFX | 77% | 0.62% |
| Virtus Silvant Growth Opportunities ETF · VGRO | 74% | 0.35% |
| The Gabelli Growth Fund · GGCAX, GABGX, GGCCX, GGCIX | 72% | 1.10% |
Advisers
| Firm | Role |
|---|---|
| Virtus Investment Advisers, LLC | Adviser |
| Silvant Capital Management LLC | Sub-adviser |
Footnotes
- Expense ratio as of December 15, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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