Virtus AllianzGI Water's veteran lead manager has yet to distinguish himself, and a 2020 comanager departure won't help. The fund receives a Morningstar Analyst Rating of Neutral across all share classes.
Virtus AllianzGI Water Class P AWTPX
NAV / 1-Day Return
23.14
/
0.48
%
Total Assets
1.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.940%
Expense Ratio
0.940%
Fee Level
Average
Longest Manager Tenure
13.54
years
Category
Natural Resources
Investment Style
Mid GrowthMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.36%
Turnover
28%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will AWTPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AWTPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the AWTPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of AWTPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Another comanager departure won't help.
