Finny logo
Dibs:
Dibs:
0

10 important things you should know about Virtus DRMAX mutual fund

Updated: October 10, 2021
57
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • 15-year return above the benchmark
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for DRMAX “stock” price, you can quickly find it out by visiting Finny and typing "DRMAX quote". If you’re looking for a quick scoop on DRMAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "DRMAX". You’ll get all this info in one place.

Are you looking to buy or sell DRMAX? Or perhaps you’re looking for DRMAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this DRMAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: DRMAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: DRMAX buy or sell; the pros and cons of investing in DRMAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to DRMAX.

And here is the list of questions we’ll answer:

  1. Describe Allianz Funds: AllianzGI Mid-Cap Fund; Administrative Class Shares (DRMAX).
  2. What are DRMAX holdings?
  3. What is DRMAX performance? What are DRMAX historical returns?
  4. What is DRMAX dividend yield?
  5. What is DRMAX minimum initial investment amount?
  6. Does DRMAX have any sales loads or 12b-1 distribution expenses?
  7. What is DRMAX Finny Score? DRMAX buy or sell?
  8. What are the pros of investing in DRMAX? What are DRMAX buy reasons?
  9. What are the cons of investing in DRMAX? What are DRMAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Allianz Funds: AllianzGI Mid-Cap Fund; Administrative Class Shares (DRMAX).

The Fund seeks long-term capital appreciation. The Fund invests at least 80% of its net assets in common stocks and other equity securities of medium-sized companies those included in the Russell Midcap Growth Index.

2. What are DRMAX top holdings?

DRMAX has 60 stock holdings and 0 bond holdings.

The top 10 holdings represent 26.49% of total assets. Here are the top holdings:

Name Symbol % Assets
EPAM Systems Inc EPAM 3.23%
Immunomedics Inc N/A 2.97%
Horizon Therapeutics PLC HZNP 2.94%
DexCom Inc DXCM 2.70%
Splunk Inc SPLK 2.56%
Chipotle Mexican Grill Inc Class A CMG 2.55%
Align Technology Inc ALGN 2.50%
Lululemon Athletica Inc LULU 2.41%
Take-Two Interactive Software Inc TTWO 2.37%
Zynga Inc Class A ZNGA 2.26%

3. What is DRMAX performance? What are DRMAX historical returns?

DRMAX has generated the following returns:

  • 1-month return is -3.55%;
  • 3-month return is 2.03%;
  • 1-year return is 2.03%;
  • 3-year return is 27.53%;
  • 5-year return is 22.51%;
  • 10-year return is 17.94%;
  • 15-year return is 12.61%.

4. What is DRMAX dividend yield?

DRMAX yield is 0%.

5. What is DRMAX minimum initial investment amount?

DRMAX minimum initial investment amount is $5.00K.

6. Does DRMAX have any sales loads or 12b-1 distribution expenses?

DRMAX 12b-1 distribution fee is 0.25. DRMAX front-end sales load is 0. DRMAX back-end sales load is 0.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 57. Our quantitative analysis shows 4 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 57.

8. What are the pros of investing in DRMAX? What are DRMAX buy reasons?

The following are DRMAX strengths from our perspective:

  • DRMAX 3-year return is 27.53%, which is higher than the 3-year return of the benchmark index (Russell Mid Cap Growth TR USD), 21.24%.
  • DRMAX 5-year return is 22.51%, which is higher than the 5-year return of the benchmark index (Russell Mid Cap Growth TR USD), 19.73%.
  • DRMAX 10-year return is 17.94%, which is higher than the 10-year return of the benchmark index (Russell Mid Cap Growth TR USD), 17.31%.
  • DRMAX 15-year return is 12.61%, which is higher than the 15-year return of the benchmark index (Russell Mid Cap Growth TR USD), 11.92%.

9. What are the cons of investing in DRMAX? What are DRMAX negatives?

The following are DRMAX weaknesses from our perspective:

  • DRMAX net assets are $2.70 million. This fund is not a popular choice with retail investors.
  • DRMAX expense ratio is 0.99%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the DRMAX review, we covered DRMAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
Follow Us