Virtus KAR Small-Cap Core Fund
VSCRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- Nov 28, 2014
- CIK
- 0000034273
- Website
- virtus.com
- Similar Companies
- Business
- Virtus KAR Small-Cap Core Fund (VSCRX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of small-capitalization U.S. companies exhibiting durable competitive advantages, excellent management teams, lower financial risk, and strong growth potential; it employs a disciplined, fundamental research-driven process to select high-quality businesses with above-average returns on capital trading at attractive valuations. The fund maintains a high-conviction, concentrated portfolio of 20 to 40 stocks, emphasizing lower volatility through holdings in companies with solid balance sheets, consistent profitability, high free cash flow, and minimal reliance on external financing; key sectors include industrials (approximately 45%), financials (approximately 28%), and consumer discretionary, with top holdings such as Primerica Inc., Simpson Manufacturing Co. Inc., and Watts Water Technologies Inc. It offers multiple share classes, including R6 shares with a net expense ratio of 0.92% and a minimum initial investment of $2.5 million for institutional investors; the fund benchmarks performance against the Russell 2000 Index and FT Wilshire 5000 Index while targeting risk-adjusted returns superior to small-cap peers in the Small Blend category. Managed by Kayne Anderson Rudnick Investment Management, LLC (KAR), a subadviser founded in 1984 and affiliated with Virtus Investment Partners, Inc., the fund is led by portfolio managers Jon Christensen, CFA (since 2008), and Todd Beiley, CFA (since 2009), who apply extensive bottom-up analysis across diversified small-cap opportunities. Headquartered in Hartford, Connecticut, under Virtus Investment Advisers, Inc., the fund operates from the 1996 inception of its underlying Virtus Equity Trust structure, with the R6 share class launched on November 12, 2014; it is domiciled in the United States, available primarily to U.S. investors, and closed to new investors with total net assets exceeding $1.9 billion as of December 2025. Recent developments include the fund's recognition with the 2025 LSEG Lipper Fund Award for best three-year performance among Small-Cap Growth Funds (R6 shares), awarded on March 13, 2025, for consistent risk-adjusted returns through November 30, 2024; effective January 21, 2026, Class C shares will no longer be available for purchase by new or existing shareholders. The fund remains focused on its core small-cap equity strategy without reported acquisitions, funding rounds, or major strategic shifts in the past 1-2 years, though KAR continues to emphasize ESG-integrated fundamental analysis and quality-oriented portfolio construction amid market volatility.