Virtus KAR Mid-Cap Core Fund Class I
VIMCX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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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
- 101 Munson Steet Greenfield MA United States of America 01301
- IPO Date
- Jun 23, 2009
- CIK
- 0000034273
- Website
- virtus.com
- Similar Companies
- Business
- Virtus KAR Mid-Cap Core Fund (VIMCX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S. mid-cap companies exhibiting durable competitive advantages, excellent management teams, lower financial risk profiles, and strong growth potential; it employs a disciplined, fundamental research process to select high-quality businesses with above-average returns on capital trading at attractive valuations, maintaining a high-conviction portfolio of 25-35 holdings focused on lower volatility characteristics akin to the S&P 500 Index while targeting mid-cap growth opportunities. The fund offers Class I shares (VIMCX) with no sales load, alongside other share classes including Class A (VMACX), and benchmarks performance against the Russell Midcap Index and FT Wilshire 5000 Index; key portfolio traits as of September 30, 2025, include an average weighted market cap of $25.02 billion, trailing P/E ratio of 30.12, and sector allocations led by industrials (44.28%), financials (21.85%), and information technology (15.57%), with top holdings such as Houlihan Lokey Inc. (5.95%), HEICO Corp. (5.59%), and Monolithic Power Systems Inc. (5.51%). Subadvised by Kayne Anderson Rudnick Investment Management, LLC (KAR), founded in 1984 and headquartered in Los Angeles, California, the fund operates within the multi-boutique platform of Virtus Investment Partners, Inc., established in 1995 (formerly Phoenix Investment Partners) and based in Hartford, Connecticut; Virtus provides distribution and operational support across its affiliated managers, serving retail investors through intermediaries like broker-dealers, as well as institutional clients including corporations, endowments, and retirement funds, with a primary focus on the U.S. equity market and mid-cap growth segment. Launched on June 22, 2009, as part of Virtus Equity Trust domiciled in the United States, the fund manages approximately $147 million in assets as of December 17, 2025, within Virtus' broader $2.3 billion mid-cap core strategy overseen by portfolio managers Craig Stone (Chief Investment Officer) and Jon Christensen (Senior Research Analyst), both with the firm since 2009. Recent developments include Virtus' October 2024 launch of the Virtus KAR Mid-Cap ETF, extending the KAR subadviser's mid-cap core strategy into the ETF format to broaden investor access; ongoing portfolio emphasis on quality mid-caps positioned for 2025 outperformance amid interest rate stabilization and rotation toward undervalued growth names, as highlighted in September 2025 analysis; and Virtus' sustained multi-boutique expansion, with prior acquisitions like AlphaSimplex Group in 2023 enhancing alternative strategies, though no fund-specific mergers, funding rounds, or reorganizations reported in the last 1-2 years.