AZMPX — Virtus NFJ Emerging Markets Value Fund
Data updated: 2026-08-28
AZMPX — Virtus NFJ Emerging Markets Value Fund. Emerging Markets Small Cap Blend / Core Financials Equity. Holdings, fees, performance and SEC filings.
AZMPX Fund Overview
AZMPX — Virtus NFJ Emerging Markets Value Fund is a US mutual fund managed by Virtus Strategy Trust, categorised as Emerging Markets Small Cap Blend / Core Financials 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: Emerging Markets Small Cap Blend / Core Financials Equity
- Assets under management: $16.95M
- 1-year return: 1.4%
- Ticker: AZMPX
- SEC CIK: 0001423227
- SEC series ID: S000038497
- Share class ID: C000118781
AZMPX Investment Objective and Strategy
Virtus NFJ Emerging Markets Value 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 investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of companies that are domiciled in or tied economically to countries with emerging securities marketsthat is, countries with securities markets which are, in the opinion of the portfolio managers, less sophisticated than more developed markets in terms of participation by investors, analyst coverage, liquidity and regulation. Most countries with emerging securities markets are located in Asia, Africa, the Middle East, Latin America and Eastern Europe. The Fund may achieve its exposure to non-U.S. equity securities in several ways, including through investing in American Depositary Receipts (ADRs) and other depositary receipts, in addition to direct investments in the securities of non-U.S.
issuers. The Fund may also utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments, as well as access products such as participatory notes (P-Notes). Although the Fund does not expect to invest significantly in foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments, it may do so at any time. In selecting investments for the Fund, the portfolio managers use a value investing style focusing on companies the portfolio managers believe are undervalued, including smaller capitalization securities and real estate investment trusts (REITs). The portfolio managers partition the Funds selection universe by industry and then identify what they believe to be undervalued securities in each industry to determine potential holdings for the Fund representing a broad range of industry groups.
The portfolio managers use quantitative factors to screen the Funds selection universe, analyzing factors such as price-to-earnings ratios ( i.e. , share price relative to a companys earnings), dividend yield, price-to-book ratios ( i.e., share price relative to a companys balance sheet value), price-to-cash-flow ratios ( i.e., share price relative to a companys cash flow). After still further narrowing the universe through a combination of qualitative analysis and fundamental research, the portfolio managers select securities for the Fund.
AZMPX Holdings
Top 10 holdings of Virtus NFJ Emerging Markets Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Company Ltd. | 15.68% |
| Samsung Electronics Co. Ltd. | 8.94% |
| Sk Hynix, Inc. | 7.88% |
| Foxconn Industrial Internet Co. Ltd. | 3.10% |
| Alibaba Group Holding Ltd. | 3.10% |
| Jd.com, Inc. | 2.77% |
| Advanced Micro-Fabrication Equipment, Inc. | 1.85% |
| Shenzhen Longsys Electronics Co. Ltd. | 1.78% |
| Shannon Semiconductor Technology Co. Ltd. | 1.54% |
| Nan Ya Plastics Corp. | 1.39% |
AZMPX Portfolio Allocation
Asset-class allocation of Virtus NFJ Emerging Markets Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.5% |
AZMPX Performance
Total returns for AZMPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.4% |
| 3 years (annualised) | -8.9% |
AZMPX Risk Information
Risk metrics for AZMPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.1%
AZMPX Costs and Fees
AZMPX costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 1.45%
- Portfolio turnover: 74%
- Brokerage commissions: 18.83 bps of average net assets (SEC N-CEN)
AZMPX Cashflows
Over the 12 months to 2026-06, Virtus NFJ Emerging Markets Value Fund had net outflows of $3.37M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$387.20K |
| 2026-05 | −$102.68K |
| 2026-04 | −$378.27K |
| 2026-03 | −$462.40K |
| 2026-02 | −$417.77K |
| 2026-01 | −$48.04K |
AZMPX Debt Constituents
No individual debt constituents are reported in Virtus NFJ Emerging Markets Value Fund's latest SEC N-PORT filing.
AZMPX Prospectus and SEC Filings
Official Virtus NFJ Emerging Markets Value 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 2026-05-29
- 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 Emerging Markets Small Cap Blend / Core Financials 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.