Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost. Please click on the fund name link for additional fund details and performance data current to the most recent month-end. Investors should carefully consider the investment objectives, risks, charges and expenses of any Virtus Mutual Fund before investing.
It does not, however, show the effects of risk. Therefore, the Morningstar Return is most helpful when used in conjunction with the Morningstar Risk Score. For example, an investor could use these two scores when comparing between funds that have the same Morningstar Star Rating and similar Morningstar Risk Adjusted Returns but different levels of risk.
Expenses compares the expense ratio of a fund's share class to the same share classes of other funds within its Morningstar category that invest in similar asset classes and have similar distribution characteristics. Excessive expenses can detract from overall returns and can be a drain on performance.
While you should not base any investment decision entirely on expenses or expense ratios, a fund's expense structure may be one factor to consider. Morningstar Category Risk refers to the risk score that Morningstar assigns to each of its mutual fund categories.
These scores range from 1 for those funds with least amount of risk to 10 for those with the greatest amount of risk. Morningstar calculates these scores by comparing the annualized return for each fund category to the return of the day U. Treasury bill over a 3-year period. Each category is then ranked according to the degree its returns deviate from this so called "risk-free" rate.
NTF will tell you whether a fund charges a transaction fee. Performance Tab Name refers to the name of the fund, including the management company. Morningstar Category is a tool that Morningstar uses to group funds, according to the types of securities in which the funds invest.
Looking at funds in the same Morningstar Category is a good foundation upon which to compare funds. YTD Daily shows a fund's returns from the first trading day of the year through the most recently ended trading day.
Risk Tab Name refers to the name of the fund, including the management company. Standard Deviation measures how much a fund's return varies over an extended period of time. A higher standard deviation indicates a wider variation of past returns and thus greater historical volatility.
Standard deviation does not indicate how an investment actually performed, but it does indicate the volatility of its returns over time. It is calculated by dividing the fund's excess returns fund's average monthly returns minus the average monthly return of the Salomon Smith Barney 3-Month T-Bill Index by the standard deviation of those returns.
The higher the ratio, the better the fund's return relative to the level of risk it's assuming. Beta is a historical measure of a fund's sensitivity to market movements, calculated by comparing a fund's monthly returns, over 36 months, to those of the fund's benchmark.
By definition, the Beta of the benchmark is 1. A Beta of less than 1. R2 measures how closely the portfolio's performance matches the performance of its benchmark. R2 is a proportion that ranges between 0. An R2 of 1.
Therefore, the lower the R2, the more likely that the fund's performance is affected by factors other than the market as measured by performance of the benchmark. Inception Date is the date the fund was first opened to investors.
Fund Manager is the name of the person or persons who make a majority of the fund's investment decisions. Manager Tenure is the number of years the current portfolio manager has served. If a fund has more than one manager, this number will reflect the tenure of the one who has been with the fund the longest.
Assets Millions represents the total amount of money that is invested in the fund by all shareholders. Turnover Rate is a measure of the fund's trading activity calculated by dividing total purchases or sales of portfolio securities whichever is lower by the fund's net assets.
Minimum Initial Purchase Indicates the smallest investment amount a fund will accept to establish a new non-retirement account. Load, marked by Yes or No, indicates whether the fund carries any type of front-end or back-end sales charge.
This number does not include any fee waiver arrangement or expense reimbursement that may be terminated without agreement of the fund's board of trustees during the one-year period.
Mutual fund data has been drawn from the most recent prospectus. Morningstar Rankings Tab Name refers to the name of the fund, including the management company. This ranking is expressed as a percentile, with lower numbers indicating better performance.Mutual funds are sold by prospectus.
A prospectus containing more information, including investment objectives, risks, charges, and expenses for any mutual fund can be obtained by contacting your investment professional or the mutual fund company. Browse a list of Vanguard funds, including performance details for both index and active mutual funds.
Mutual Fund is a convenient medium through which a common man can invest in the equity market.
A Mutual Fund is actually a trust that pools the savings of a number of investors who share a . Top Mutual Funds: AB Large Cap Growth's Performance Excels With 'Idiosyncratic Opportunities' AB Large Cap Growth (APGAX) is in an elite group of top mutual funds. It is a IBD Best Mutual. Morningstar provides mutual fund ratings, performance data, and research to help you invest confidently.
View mutual fund ratings today. Crawford Investment Counsel is the Investment Advisor for the Crawford Mutual Funds. The Advisor is an independent, employee-owned, investment management firm that has created investment strategies that seek to protect on the downside and provide participation on the upside, aiming for a “smoother ride”.