PICMX Performance — Virtus KAR Mid-Cap Growth Fund, Class I
Data updated: 2026-08-28
PICMX returned −3.30% year to date and −8.95% over one year to Jun 2026. Annualised returns are +1.96% over 3 years and −4.09% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $106, against $152 for the category, and to $91 over one year, against $118. Volatility over the past three years was 18.43% a year. In the 12 months to Jun 2026 the fund lost a net $327.6M, and assets reached $404.69M.
PICMX Growth of $100
What $100 invested in Virtus KAR Mid-Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | PICMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $91 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $106 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $81 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $145 | $203 |
PICMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −3.30% |
| 1 year | −8.95% |
| 3 years (annualised) | +1.96% |
| 5 years (annualised) | −4.09% |
PICMX Annual Returns
Calendar-year total returns of Virtus KAR Mid-Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −3.30% |
| 2025 | −3.23% |
| 2024 | +7.67% |
| 2023 | +22.30% |
| 2022 | −33.31% |
| 2021 | +1.47% |
| 2020 | +65.38% |
| 2019 (Jul–Dec) | +5.19% |
PICMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −2.4% | −2.6% | −9.0% | +7.7% | +1.2% | +2.6% | — | — | — | — | — | — |
| 2025 | +6.4% | −7.9% | −6.5% | +2.5% | +7.8% | +1.6% | −0.3% | 0.0% | −0.9% | +1.4% | −3.0% | −3.1% |
| 2024 | −2.2% | +9.5% | +1.2% | −7.2% | +3.2% | −0.9% | +1.9% | +1.9% | +1.9% | −1.9% | +9.7% | −8.1% |
| 2023 | +10.1% | −4.0% | +0.3% | −0.5% | +1.3% | +8.7% | +3.5% | −1.2% | −6.3% | −7.2% | +10.0% | +7.5% |
| 2022 | −14.5% | +1.0% | −1.5% | −13.2% | −6.8% | −8.1% | +12.8% | −0.2% | −9.7% | +7.1% | +2.9% | −5.8% |
| 2021 | −1.4% | +2.1% | −5.1% | +6.9% | −4.7% | +5.6% | +0.9% | +6.4% | −4.7% | +4.7% | −7.1% | −0.8% |
| 2020 | +6.7% | −1.1% | −13.1% | +14.4% | +11.9% | +7.8% | +9.1% | +3.5% | −1.3% | +0.1% | +14.3% | +2.5% |
| 2019 | — | — | — | — | — | — | +3.0% | −3.4% | −4.8% | +2.8% | +6.3% | +1.5% |
PICMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.43%
- 3-year Sharpe ratio: -0.14 (vs 4.5% risk-free rate)
- Best month: +9.97% (Nov 2023)
- Worst month: −9.05% (Mar 2026)
PICMX Fund Flows
Monthly money in and out of Virtus KAR Mid-Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$327.6M
- 12-month gross sales (incl. reinvestments): $315.5M
- Sales ÷ redemptions: 0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.1M | $31.5M | −$28.3M |
| May 2026 | $3.3M | $26.6M | −$23.3M |
| Apr 2026 | $4.6M | $31.1M | −$26.5M |
| Mar 2026 | $4.9M | $41.8M | −$36.9M |
| Feb 2026 | $4.5M | $46.0M | −$41.5M |
| Jan 2026 | $9.6M | $88.9M | −$79.3M |
| Dec 2025 | $253.9M | $159.2M | $94.7M |
| Nov 2025 | $4.1M | $45.4M | −$41.3M |
| Oct 2025 | $7.1M | $48.0M | −$40.9M |
| Sep 2025 | $6.1M | $32.5M | −$26.4M |
| Aug 2025 | $7.1M | $42.1M | −$35.0M |
| Jul 2025 | $7.2M | $50.1M | −$42.9M |
PICMX Assets Under Management
Net assets of Virtus KAR Mid-Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $404.69M |
| 2026-03-31 | $435.01M |
| 2025-12-31 | $666.47M |
| 2025-09-30 | $933.38M |
| 2025-06-30 | $1.05B |
| 2025-03-31 | $1.03B |
| 2024-12-31 | $1.30B |
| 2024-09-30 | $1.39B |
| 2024-06-28 | $1.42B |
| 2024-03-28 | $1.58B |
| 2023-12-29 | $1.54B |
| 2023-09-29 | $1.49B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.