- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 101 Munson Steet Greenfield MA United States of America 01301
- IPO Date
- Mar 31, 1999
- Business
- Virtus Silvant Focused Growth Fund Institutional Class (PGFIX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in a concentrated portfolio of 25-35 equity securities of U.S. large-cap companies exhibiting strong business fundamentals, above-average growth potential, positive fundamental trends such as earnings and revenue growth, improving cash flows, and increasing return on invested capital; it may allocate up to 20% of assets to non-U.S. securities, with no more than 10% in any single non-U.S. country or emerging markets, and maintains a non-diversified status. The fund emphasizes bottom-up fundamental research to identify game-changing companies with disruptive products or services and exposure to positive secular trends, often including segments overlooked by traditional growth managers; top sectors typically include information technology (around 50%), communication services, consumer discretionary, industrials, and health care, with leading holdings such as NVIDIA Corp., Microsoft Corp., Amazon.com Inc., Apple Inc., and Meta Platforms Inc. Silvant Capital Management LLC serves as the investment adviser, with a management team comprising Chief Investment Officer Michael A. Sansoterra, Sandeep Bhatia, Ph.D., CFA, and Brandi Allen, all appointed as portfolio managers effective July 25, 2022.
Launched on March 31, 1999, and domiciled in the United States, the Institutional Class shares (PGFIX) target qualified institutional investors with a minimum initial investment of $1,000,000, feature a net expense ratio of 0.67%, and as of recent data manage approximately $340.65 million in share class assets within a total fund size of $1.47-$1.82 billion.
In recent developments, the fund's management team transitioned to the current Silvant professionals in July 2022, contributing to strong performance including a 2025 IBD Best Mutual Funds Award for large-cap growth; effective January 21, 2026, Class C shares will no longer be available for purchase by new or existing shareholders per prospectus supplement. The broader Virtus Investment Partners platform, which oversees the fund, has pursued strategic expansions including affiliate acquisitions between 2017 and 2023, launches of active ETFs in 2024, and UCITS strategies in 2023-2024 to enhance distribution and global reach.