Virtus NFJ International Value Fund
AFJAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10109 New York NY United States of America 10109
- IPO Date
- Mar 31, 2005
- CIK
- 0000867297
- Website
- virtus.com
- Similar Companies
- Business
- Virtus NFJ International Value Fund (AFJAX) is an open-end mutual fund that seeks capital growth and income through investments primarily in equity securities of non-U.S. companies, including up to 50% in emerging markets, focusing on the intersection of value, quality, and shareholder yield; it normally invests at least 65% of its net assets in common stocks and other equity securities such as preferred stocks, convertible securities, and warrants of non-U.S. companies with market capitalizations greater than $1 billion, emphasizing those expected to generate income through dividends. The fund offers Class A shares with a front-end load of 5.50%, a net expense ratio of 1.30%, and minimum initial investment of $2,500, alongside Class C shares subject to conversion to Class A shares effective January 26, 2026, following the discontinuation of new Class C purchases on January 21, 2026; portfolio allocations emphasize financial services (approximately 24%), consumer cyclical, technology, basic materials, and healthcare sectors, with key geographic exposure to emerging Asia, Japan, the Eurozone, developed Asia, and the United Kingdom. The fund, launched on March 31, 2005 (inception April 1, 2005), is domiciled in the United States with total net assets of approximately $70.30 million (share class size $42.51 million as of recent data) and is managed by NFJ Investment Group, LLC, a Dallas, Texas-based global value equity manager founded with roots dating to 1989 and operating as a subsidiary of Virtus Investment Partners, Inc. since its transition from Allianz Global Investors effective February 1, 2021. Recent operational changes include the announced phase-out of Class C shares in early 2026 to streamline share classes, alongside ongoing portfolio management by a team led by J. Garth Reilly (since 2018), R. Burns McKinney (since 2006), John R. Mowrey (since 2013), and others, with no major acquisitions, funding rounds, or new product launches reported in the last 1-2 years; the fund maintains a foreign large blend strategy targeting individual and institutional investors in the U.S. market.