AWTPX — Virtus Duff & Phelps Water Fund
Data updated: 2026-08-28
AWTPX — Virtus Duff & Phelps Water Fund. Global (incl. US) Mid Cap Growth Thematic Equity · $504.14M AUM. Holdings, fees, performance and SEC filings.
AWTPX Fund Overview
AWTPX — Virtus Duff & Phelps Water Fund is a US mutual fund managed by Virtus Strategy Trust, categorised as Global (incl. US) Mid Cap Growth Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Virtus Strategy Trust
- Category: Global (incl. US) Mid Cap Growth Thematic Equity
- Assets under management: $504.14M
- 1-year return: 14.1%
- Ticker: AWTPX
- SEC CIK: 0001423227
- SEC series ID: S000021463
- Share class ID: C000061369
AWTPX Investment Objective and Strategy
Virtus Duff & Phelps Water Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Strategy Trust.
Investment objective
The Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets (plus borrowings made for investment purposes) in common stocks and other equity securities of companies that are represented in one or more of the S&P Global Water Index, the NASDAQ OMX US Water or Global Water Indices or the S-Network Global Water Index (Composite), or that are substantially engaged in water-related activities. Water-related activities consist of those that relate to the quality or availability of or demand for potable and non-potable water and include the following: water production, storage, transport and distribution; water supply-enhancing or water demand-reducing technologies and materials; water planning, control and research; water conditioning, such as filtering, desalination, disinfection and purification; sewage and liquid waste treatment; and water delivery-related equipment and technology, consulting or engineering services relating to any of the above-mentioned activities.
The specific activities that the Fund may from time to time consider to qualify as water-related activities will change as markets, technologies and investment practices develop. Normally, the Fund invests at least 40% of its total assets in non-U.S. securities and allocates its investments among securities of issuers located in at least eight different countries (which may include the U.S.), and may invest in emerging market securities. The portfolio manager selects investments on a bottom-up basis irrespective of market capitalization, geography, industry/sector or growth- or value-orientation, and ordinarily look for several of the following characteristics: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue through either an expanding market or market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services.
The portfolio manager considers the level of active contribution to the improvement of water resource management during the stock selection process. Companies Environmental, Social and Corporate Governance (ESG) practices are also considered as the portfolio manager believes this offers an additional level of risk management in the investment process. ESG practices are considered and measured by the intrinsic ESG analyst team. Investments are not restricted to companies with a record of dividend payments. In analyzing specific companies for possible investment, the portfolio manager may also consider such factors as the anticipated economic growth rate, political outlook, inflation rate, currency outlook and interest rate environment for the country and the region in which the company is located.
In selecting investments, the portfolio manager may seek the input of a global research platform, regional portfolio managers and single country managers. The Fund is non-diversified, which means that it may invest a significant portion of its assets in a relatively small number of issuers, which may increase risk. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may invest in securities issued in initial public offerings (IPOs), and may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.
AWTPX Holdings
Top 10 holdings of Virtus Duff & Phelps Water Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Xylem, Inc. | 7.89% |
| Sabesp - Companhia De Saneamento Basico Do Estado De Sao Paulo SA | 7.34% |
| Veralto Corp. | 7.16% |
| American Water Works Company, Inc. | 5.95% |
| Core & Main, Inc. | 4.35% |
| Essential Utilities, Inc. | 3.85% |
| Severn Trent PLC | 3.81% |
| Ecolab, Inc. | 3.76% |
| Watts Water Technologies, Inc. | 3.62% |
| United Utilities Group PLC | 3.52% |
AWTPX Portfolio Allocation
Asset-class allocation of Virtus Duff & Phelps Water Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
AWTPX Performance
Total returns for AWTPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.1% |
| 3 years (annualised) | 2.1% |
AWTPX Risk Information
Risk metrics for AWTPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.1%
AWTPX Costs and Fees
AWTPX costs about $94 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.94%
- Gross expense ratio: 1.22%
- Portfolio turnover: 29%
- Brokerage commissions: 2.71 bps of average net assets (SEC N-CEN)
AWTPX Cashflows
Over the 12 months to 2026-06, Virtus Duff & Phelps Water Fund had net outflows of $21.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$10.65M |
| 2026-05 | −$5.90M |
| 2026-04 | −$4.04M |
| 2026-03 | −$4.62M |
| 2026-02 | −$5.23M |
| 2026-01 | −$5.48M |
AWTPX Debt Constituents
No individual debt constituents are reported in Virtus Duff & Phelps Water Fund's latest SEC N-PORT filing.
AWTPX Prospectus and SEC Filings
Official Virtus Duff & Phelps Water Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-21
- Prospectus (485BPOS) — filed 2025-01-24
- Prospectus (485BPOS) — filed 2024-01-25
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2025-12-15
- Annual census (N-CEN) — filed 2024-12-13
Related Funds
Other Global (incl. US) Mid Cap Growth Thematic Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.