Virtus KAR Mid-Cap Growth Fund A
PHSKX
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
- Greenfield MA 01301 Newark NJ United States of America 07102
- IPO Date
- Jan 2, 1980
- CIK
- 0000019469
- Website
- pgim.com
- Similar Companies
- Business
- Virtus KAR Mid-Cap Growth Fund A (PHSKX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of mid-cap growth companies exhibiting durable competitive advantages, strong management teams, lower financial risk, and robust growth potential. The fund, managed by subadviser Kayne Anderson Rudnick Investment Management, LLC (KAR), allocates at least 80% of its assets to U.S. medium-market-capitalization stocks selected through a disciplined process emphasizing high returns on capital, business model dominance, and attractive valuations; it maintains a high-conviction portfolio of 25-50 holdings with a low-turnover approach, featuring sector weights such as information technology (approximately 31%), consumer discretionary (20%), and health care (15%), with top holdings including Amphenol Corp., Cloudflare Inc., and MercadoLibre Inc. Class A shares carry a front-end load of 5.50%, a net expense ratio of 1.26%, and minimum initial investment of $2,500, with total net assets exceeding $1.3 billion across share classes and operations domiciled in the United States. Launched on December 31, 1975, the fund operates under Virtus Investment Partners, with KAR—founded in 1984—as its longstanding subadviser providing quality-focused equity strategies across market caps and styles; it targets institutional and retail investors seeking mid-cap growth exposure, with portfolio management led by Chris Armbruster (since January 2020) and Noran Eid (since October 2023). In recent developments, effective January 21, 2026, Class C shares of the fund discontinue availability for purchase by new or existing shareholders, as outlined in the latest prospectus supplement, reflecting a strategic refinement in share class offerings. Additionally, Virtus introduced the Virtus KAR Mid-Cap ETF in October 2024, expanding the KAR mid-cap growth strategy into an exchange-traded product managed by the same subadviser. These changes align with Virtus' ongoing enhancements to its equity fund lineup amid a focus on high-quality growth investments.