Virtus Zevenbergen Technology Fund
DRGTX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Dec 27, 1995
- CIK
- 0000867297
- Website
- virtus.com
- Similar Companies
- Business
- Virtus Zevenbergen Technology Fund (DRGTX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of innovative technology companies capitalizing on major sector growth themes; it allocates at least 80% of its net assets plus borrowings to common stocks, other equity securities, derivatives, and synthetic instruments exhibiting economic characteristics of technology equities, including U.S.-traded ADRs of foreign issuers. The fund maintains a concentrated portfolio of 40-70 holdings across emerging and mature companies in subsectors such as semiconductors (approximately 25%), interactive media services (18%), systems software (16%), technology hardware, internet services, broadline retail, application software, and automobile manufacturers; top holdings as of late 2025 typically include NVIDIA Corp., Alphabet Inc., Microsoft Corp., Meta Platforms Inc., Apple Inc., Broadcom Inc., Shopify Inc., Tesla Inc., Amazon.com Inc., and Micron Technology Inc., representing over 60% of assets under management, which totaled about $1.6 billion as of December 17, 2025. It benchmarks performance against the S&P North American Technology Sector Index and Nasdaq Composite Index, with a gross expense ratio of 1.16% for institutional shares, and is non-diversified with exposure primarily to U.S. stocks (over 90%) alongside limited non-U.S. positions in regions including Canada, Latin America, the United Kingdom, and Eurozone countries. Launched on December 27, 1995, with Class A shares inception on February 5, 2002, the fund is part of Virtus Investment Trust, managed by Virtus Investment Advisers, Inc., and subadvised by Zevenbergen Capital Investments LLC since 1987; portfolio managers include Nancy Zevenbergen (since 2022), Joseph Dennison (since 2022), and Anthony Zackery (since 2022), all based in the United States. Recent developments include strong Q2 2025 performance of 28.51% for institutional shares, outperforming the benchmark S&P North American Technology Index's 23.38% return, driven by security selection in aerospace-defense and broadline retail alongside standout contributions from NVIDIA and Broadcom; the fund navigated market volatility with a notable rebound following an April 2, 2025 sentiment bottom, amid ongoing emphasis on AI-related growth and semiconductor resilience despite U.S.-China trade concerns.