Virtus Water’s Morningstar Analyst Rating is Under Review because it is receiving a new subadvisor. After the May 17, 2022, SEC announcement disqualifying Allianz Global Investors U.S. from providing advisory services to U.S.-registered firms, Virtus Investment Advisors had until July 25, 2022, to decide who would lead this strategy going forward. On July 21, 2022, Virtus hired Duff & Phelps, a Virtus-owned affiliate, to replace AGI here. It will be renamed to Virtus Duff & Phelps Water.
Virtus Duff & Phelps Water P AWTPX
NAV / 1-Day Return
18.94
/
2.38
%
Total Assets
793.0 Mil
Adj. Expense Ratio
0.940%
Expense Ratio
0.940%
Fee Level
Average
Longest Manager Tenure
0.04
years
Category
Natural Resources
Investment Style
Mid BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
1.15%
Turnover
32%
Morningstar’s Fund Analysis AWTPX
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.
Virtus Water Is Under Review Owing to Subadvisor Change
