Investment objective & strategy
As of April 23, 2025 · prospectusObjective. The fund has an investment objective of seeking to provide capital appreciation. As a secondary goal, the fund also seeks to provide current income.
Strategy. Under normal circumstances, the fund invests at least 80% of its net assets in U.S.-traded equity securities of small-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (ADRs). As of the date of this prospectus, the funds subadviser considers small-capitalization companies for this purpose to be those companies that, at the time of initial purchase, have market capitalizations generally within the range of companies included in the Russell 2000 Index on a rolling three-year basis. On this basis, as of December 31, 2024,, the total market capitalization range of companies included in the Russell 2000 Index over the past three years was $43.5 thousand to $56 billion. As a result of its investment strategy, the fund may focus its … Under normal circumstances, the fund invests at least 80% of its net assets in U.S.-traded equity securities of small-capitalization companies. U.S.-traded equity securities may include American Depositary Receipts (ADRs). As of the date of this prospectus, the funds subadviser considers small-capitalization companies for this purpose to be those companies that, at the time of initial purchase, have market capitalizations generally within the range of companies included in the Russell 2000 Index on a rolling three-year basis. On this basis, as of December 31, 2024,, the total market capitalization range of companies included in the Russell 2000 Index over the past three years was $43.5 thousand to $56 billion. As a result of its investment strategy, the fund may focus its investments in one or more sectors. In selecting investments for purchase and sale, the subadviser chooses companies that it believes are undervalued in the market relative to the industry sector and the companys own valuation history. The subadviser evaluates potential catalysts that may cause an upward re-rating of the stocks valuation. The common stocks purchased for the fund generally pay dividends at the time of purchase or are expected to pay dividends soon after their purchase.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| GLACIER BANCORP INC | — | $1.74M | 1.83% |
| UMB FINANCIAL CORP | — | $1.73M | 1.82% |
| WINTRUST FINL | — | $1.71M | 1.80% |
| CULLEN FROST BANKERS INC | — | $1.64M | 1.73% |
| COLUMBIA BANKING SYSTEMS INC | — | $1.64M | 1.73% |
| MKS INSTRUMENTS INC | — | $1.61M | 1.69% |
| AMKOR TECHNOLOGY INC | — | $1.61M | 1.69% |
| PRIMORIS SVCS CORP | — | $1.60M | 1.69% |
| SOUTHSTATE BANK CORP | — | $1.60M | 1.68% |
| SEACOAST BANKING CORP FLORIDA | — | $1.59M | 1.68% |
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. |
|---|---|---|
| Small Cap Core Fund · JCCIX, JCCAX, JORSX | 22% | 0.86% |
| Small Cap Core Trust · JAHBX, JESVX, JAGZX | 21% | 0.87% |
| Neuberger Berman Genesis Portfolio | 21% | 0.81% |
Advisers
| Firm | Role |
|---|---|
| Virtus Investment Advisers, LLC | Adviser |
| Ceredex Value Advisors 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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