VRSGX Fees and Costs — Virtus KAR Small-Cap Growth Fund, Class R6
Data updated: 2026-08-28
The net expense ratio is 1.01%: a 0.83% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1.5M in broker commissions, 0.0483% of average net assets, and portfolio turnover was 18%.
VRSGX Fees and Expenses
Annual operating expenses and sales charges of VRSGX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.83% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
VRSGX Costs Over Time
On $10,000 invested in VRSGX, assuming 5% a year before costs, total costs come to $661 over 5 years, cutting the return by 1.11% 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 1.01%) | $106 | $331 | $573 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $364 | $661 |
| Value after costs | $10,389 | $11,213 | $12,102 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
VRSGX 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): 0.0483%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $20.2M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $501K
- Net income from securities lending: $3K (0.000% of average net assets)
VRSGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $519K | 43.12% |
| LIQUIDNET, INC. | $169K | 14.01% |
| JEFFERIES LLC | $119K | 9.91% |
| WILLIAM BLAIR | $85K | 7.02% |
| GOLDMAN SACHS & CO. LLC | $74K | 6.13% |
| ROBERT W. BAIRD & CO. INC. | $60K | 4.98% |
| BARCLAYS CAPITAL, INC. | $57K | 4.77% |
| Raymond James & Associates, Inc. | $43K | 3.55% |
| Carnegie AS | $40K | 3.29% |
| BOFA SECURITIES, INC. | $39K | 3.22% |
VRSGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20.2M | 100.00% |
Virtus KAR Small-Cap 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 |
|---|---|---|---|
| VRSGX | Class R6 | 1.01% | none |
| PXSGX | Class I | 1.12% | none |
| PSGAX | Class A | 1.39% | 5.50% |
| PSGCX | Class C | 2.11% | 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.