VDMAX — Virtus KAR Developing Markets Fund
Data updated: 2026-08-28
VDMAX — Virtus KAR Developing Markets Fund. Emerging Markets Large Cap Value Information Technology Equity. Holdings, fees, performance and SEC filings.
VDMAX Fund Overview
VDMAX — Virtus KAR Developing Markets Fund is a US mutual fund managed by Virtus Opportunities Trust, categorised as Emerging Markets Large Cap Value Information Technology 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 Opportunities Trust
- Category: Emerging Markets Large Cap Value Information Technology Equity
- Assets under management: $4.80M
- 1-year return: 12.2%
- Ticker: VDMAX
- SEC CIK: 0001005020
- SEC series ID: S000072168
- Share class ID: C000227967
VDMAX Holdings
Top 10 holdings of Virtus KAR Developing Markets Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Company Ltd. | 10.56% |
| Caixa Seguridade Participacoes SA | 5.14% |
| Ferreycorp Saa | 3.94% |
| Corporacion Moctezuma Sab De Cv | 3.80% |
| Bbb Foods, Inc. | 3.72% |
| Epiroc Ab | 3.47% |
| Arca Continental Sab De Cv | 3.22% |
| Bank Central Asia Tbk Pt | 3.13% |
| Tencent Holdings Ltd. | 2.97% |
| Riverstone Holdings Ltd. | 2.83% |
VDMAX Portfolio Allocation
Asset-class allocation of Virtus KAR Developing Markets Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.4% |
| Cash & Equivalents | 1.5% |
VDMAX Performance
Total returns for VDMAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.6% |
| 1 year | 12.2% |
| 3 years (annualised) | -18.3% |
| 5 years (annualised) | -35.6% |
VDMAX Risk Information
Risk metrics for VDMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.7%
VDMAX Costs and Fees
VDMAX costs about $133 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.33%
- Gross expense ratio: 4.51%
- Portfolio turnover: 33%
- Brokerage commissions: 6.47 bps of average net assets (SEC N-CEN)
VDMAX Cashflows
Over the 12 months to 2026-06, Virtus KAR Developing Markets Fund had net inflows of $480.27K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $829.09K |
| 2026-05 | $819 |
| 2026-04 | $84.22K |
| 2026-03 | −$807.06K |
| 2026-02 | −$10.59K |
| 2026-01 | −$37.21K |
VDMAX Debt Constituents
No individual debt constituents are reported in Virtus KAR Developing Markets Fund's latest SEC N-PORT filing.
VDMAX Prospectus and SEC Filings
Official Virtus KAR Developing Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-23
- Prospectus (485BPOS) — filed 2025-01-23
- Prospectus supplement (497) — filed 2025-02-03
- 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 2024-12-13
- Annual census (N-CEN) — filed 2023-12-13
Related Funds
Other Emerging Markets Large Cap Value Information Technology 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.