VWMCX — Virtus Horizon Wealth Masters Fund

Data updated: 2020-08-26

VWMCX — Virtus Horizon Wealth Masters Fund. Developed ex-US Real Estate · $29.81M AUM · 2.00% expense ratio. Holdings, fees, performance and SEC filings.

VWMCX Fund Overview

VWMCX — Virtus Horizon Wealth Masters Fund is a US mutual fund managed by Virtus Opportunities Trust, categorised as Developed ex-US Real Estate. 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: Developed ex-US Real Estate
Assets under management: $29.81M
1-year return: -18.9%
Ticker: VWMCX
SEC CIK: 0001005020
SEC series ID: S000038117
Share class ID: C000117509

VWMCX Investment Objective and Strategy

Virtus Horizon Wealth Masters Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Opportunities Trust.

Investment objective

The fund has an investment objective of capital appreciation.

Principal investment strategy

The fund seeks to track the performance of the Horizon Kinetics ISE Wealth Index (Ticker: RCH), a public index maintained by Horizon Kinetics LLC, the parent company of the funds subadviser, and published by International Securities Exchange, LLC. The index is composed of U.S.-listed companies and equity REITs managed by executives who are among the wealthiest individuals in the United States and, in many cases, have accumulated a substantial amount of their personal wealth through the companies that they manage. The issuers have market capitalizations, at time of addition to the index, in excess of? $200 million. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

The manner in which the index is constructed is likely to result in the funds assets generally being focused in one or more market sectors. For example, companies eligible for inclusion in the index based upon the first requirement of having an individual with significant wealth in a control position are often companies in the consumer discretionary sector; therefore, it would not be unusual for the funds assets to be similarly focused in the consumer discretionary sector.

VWMCX Performance

Total returns for VWMCX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-18.9%

VWMCX Risk Information

Risk metrics for VWMCX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 35.0%

VWMCX Costs and Fees

VWMCX costs about $200 per $10,000 invested per year in fund expenses.

Net expense ratio: 2.00%
Gross expense ratio: 2.28%
Portfolio turnover: 25%
Brokerage commissions: 4.72 bps of average net assets (SEC N-CEN)

VWMCX Cashflows

Over the 12 months to 2020-06, Virtus Horizon Wealth Masters Fund had net inflows of $27.07M, from monthly SEC N-PORT filings.

Month	Net flow
2020-06	$2.57M
2020-05	$1.79M
2020-04	$2.09M
2020-03	$3.07M
2020-02	$1.19M
2020-01	$1.41M

VWMCX Debt Constituents

No individual debt constituents are reported in Virtus Horizon Wealth Masters Fund's latest SEC N-PORT filing.

VWMCX Prospectus and SEC Filings

Official Virtus Horizon Wealth Masters Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Developed ex-US Real Estate 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.