Virtus KAR Mid-Cap Growth Fund Class I logo

Virtus KAR Mid-Cap Growth Fund Class I (PICMX)

Market Closed
13 Aug, 13:31
NASDAQ (NMS) NASDAQ (NMS)
$
40. 76
+0.45
+1.1163%
After Hours
$
41. 12
+0.36 +0.8832%
- Market Cap
- Div Yield
0 Volume
$ 40.31
Previous Close
Add Transaction
Day Range
40.76 40.76
Year Range
34.78 65.16
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Summary

PICMX closed yesterday higher at $40.76, an increase of 1.1163% from Wednesday's close, completing a monthly increase of 0.7913% or $0.32. Over the past 12 months, PICMX stock lost -2.5813%.
PICMX pays dividends to its shareholders, with the most recent payment made on Dec 22, 2021. The next estimated payment will be in 22 Jun 2022 on Jun 22, 2022 for a total of $1.03903.
The stock of the company had never split.
The company's stock is traded on one exchange.

PICMX Chart

Virtus KAR Mid-Cap Growth Fund Class I (PICMX) FAQ

What is the stock price today?

The current price is $40.76.

On which exchange is it traded?

Virtus KAR Mid-Cap Growth Fund Class I is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is PICMX.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Virtus KAR Mid-Cap Growth Fund Class I ever had a stock split?

No, there has never been a stock split.

Virtus KAR Mid-Cap Growth Fund Class I Profile

NASDAQ (NMS) Exchange
United States Country

Overview

The company operates a fund that strategically focuses on investing primarily in equity securities of medium-sized companies identified by the subadviser as possessing high growth potential but appearing undervalued in the current market. With a primary emphasis on companies within the United States, the fund maintains a versatile investment approach, allowing for substantial allocations in foreign securities and depositary receipts to diversify and optimize the investment portfolio. This strategy reflects a commitment to identifying and capitalizing on growth opportunities in the medium market capitalization segment, aiming to generate substantial returns for its investors by leveraging the potential undervaluation of these growth companies.

Products and Services

  • Equity Securities Investments

    The fund allocates at least 80% of its assets towards investing in equity securities of medium market capitalization companies. These investments are chosen based on a comprehensive analysis conducted by the subadviser, focusing on companies that show signs of undervaluation relative to their predicted future growth potential. This approach prioritizes growth opportunities while maintaining a diversified and balanced portfolio.

  • Medium Market Capitalization Growth Companies

    Investment targets are primarily medium market capitalization growth companies that are believed to be undervalued. The selection process is rigorous and is based on the potential for future growth, financial health, and market position. By capitalizing on these growth opportunities, the fund aims to achieve higher returns for its investors.

  • Foreign Securities and Depositary Receipts

    Although the fund predominantly invests in U.S. companies, it also diversifies its investment portfolio by including foreign securities and depositary receipts. This strategy not only spreads investment risks but also opens the door to growth opportunities in international markets, enabling the fund to benefit from global economic trends and potential high-growth regions.

Contact Information

Address: Greenfield MA 01301
Phone: -