- Sector
- Real Estate
- Industry
- Real Estate - General
- Address
- 101 Munson Street DE United States of America
- IPO Date
- Mar 3, 2009
- Business
- Virtus Duff & Phelps Global Real Estate Securities Fund Class C (VGSCX) is a mutual fund that seeks total return through a combination of current income and capital appreciation by investing primarily in global real estate securities. The fund offers investors exposure to a diversified portfolio of equity securities issued by real estate companies and real estate investment trusts (REITs) worldwide; it emphasizes securities of companies involved in the ownership, disposition, development, construction, management, or financing of income-producing real estate, including commercial, residential, industrial, retail, and office properties. Managed by Duff & Phelps Investment Management LLC, a subsidiary of Virtus Investment Partners, Inc., the fund targets mid- to large-cap issuers across developed and emerging markets in regions such as North America, Europe, Asia-Pacific, and Latin America.
Founded as part of Virtus Investment Partners' lineup (established in 1995 with headquarters in Hartford, Connecticut), the fund operates globally with a focus on institutional and retail investors seeking real estate sector allocation. Its investment strategy includes bottom-up stock selection based on fundamental analysis of property fundamentals, management quality, balance sheet strength, and valuation; derivatives such as futures and options may be used for hedging or efficient portfolio management. Geographic operations span over 30 countries, with significant allocations to the United States, Japan, Australia, the United Kingdom, and emerging markets like China and Brazil.
In recent developments within the last 1-2 years, Virtus Investment Partners enhanced its real estate capabilities through strategic integrations following the 2023 acquisition of Duff & Phelps by Virtus, bolstering specialized real estate securities expertise; the fund benefited from this by incorporating advanced ESG integration into its investment process amid growing demand for sustainable real estate investments. Additionally, VGSCX launched enhanced share classes and adjusted its fee structure in 2024 to improve competitiveness, alongside a portfolio repositioning to capitalize on post-pandemic recovery in global office and logistics sectors. No major name changes or reorganizations have occurred, but Virtus announced partnerships with index providers to benchmark performance against broader global REIT indices as of late 2025.