SGARX Fees and Costs — Virtus SGA Global Growth Fund, Class R6
Data updated: 2026-08-28
The net expense ratio is 0.90%: a 0.80% management fee plus 0.23% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $152K in broker commissions, 0.0611% of average net assets, and portfolio turnover was 37%.
SGARX Fees and Expenses
Annual operating expenses and sales charges of SGARX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SGARX Costs Over Time
On $10,000 invested in SGARX, assuming 5% a year before costs, total costs come to $602 over 5 years, cutting the return by 1.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $602 |
| Value after costs | $10,399 | $11,246 | $12,161 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
SGARX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0611%
- Total broker commissions: $152K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $3K (0.001% of average net assets)
SGARX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $36K | 28.26% |
| JEFFERIES LLC | $16K | 12.35% |
| CITIGROUP GLOBAL MARKETS INC. | $15K | 11.74% |
| BOFA SECURITIES, INC. | $14K | 10.78% |
| J.P. Morgan Securities LLC | $13K | 9.85% |
| INSTINET, LLC | $9K | 6.85% |
| JONESTRADING | $9K | 6.66% |
| GOLDMAN SACHS & CO. LLC | $8K | 6.52% |
| Sandler, O'Neill & Partners, L.P. | $5K | 3.98% |
| MORGAN STANLEY & CO. LLC | $4K | 3.02% |
Virtus SGA Global Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SGARX | Class R6 | 0.90% | none |
| SGAPX | Class I | 1.00% | none |
| SGAAX | Class A | 1.25% | 5.50% |
| SGACX | Class C | 2.00% | none |
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.