Markets

Should You Buy Virtus Real Estate Securities A Fund (PHRAX)?

Virtus Real Estate Securities A ( PHRAX ) a Zacks Ranked #2 (Buy) was incepted in March 1995 and is managed by Duff & Phelps Investment Management. PHRAX seeks capital appreciation and current income by investing primarily in equity real estate investment trusts (REITs). Under normal circumstances, this non-diversified fund invests a large chunk of its assets in publicly-traded real estate investment trusts (REITs) and companies that are principally engaged in the real estate industry. PHRAX may also invest in mortgage REITs.

This Real Estate fund, as of the last filing, allocates their fund in four major groups; Foreign Bond, Intermediate Bond, Large Growth and Small Value. Further, as of the last filing, Simon Property Group Inc, Essex Property Trust Inc and Equity Residential were the top holdings for PHRAX.

Virtus Real Estate Securities A, managed by Virtus Funds , carries an expense ratio of 1.35. Moreover, PHRAX requires a minimal initial investment of $2,500.

PHRAX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 2.53%, 3 year 7.42% and 5 year 12.00%. To see how this fund performed compared in its category, please click here .

PHRAX's performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 33% over the past 3 years, and in the 18% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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