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15 important things you should know about Virtus RMDAX mutual fund

Updated: July 12, 2021
50
Bull Case
  • 3-year return above the benchmark
  • 5-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 RMDAX “stock” price, you can quickly find it out by visiting Finny and typing "RMDAX quote". If you’re looking for a quick scoop on RMDAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "RMDAX". You’ll get all this info in one place.

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

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

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

  1. Describe Allianz Funds: AllianzGI Mid-Cap Fund; Class A Shares (RMDAX).
  2. What are RMDAX holdings?
  3. What is RMDAX performance? What are RMDAX historical returns?
  4. How many up and down years did RMDAX have historically?
  5. What is RMDAX dividend yield?
  6. What is RMDAX minimum initial investment amount?
  7. What is RMDAX expense ratio?
  8. Does RMDAX have any sales loads or 12b-1 distribution expenses?
  9. What is RMDAX tax efficiency (tax-cost ratio)?
  10. What is RMDAX beta? How would you assess RMDAX risk?
  11. What is RMDAX Sharpe ratio?
  12. What is RMDAX Finny Score? RMDAX buy or sell?
  13. What are the pros of investing in RMDAX? What are RMDAX buy reasons?
  14. What are the cons of investing in RMDAX? What are RMDAX 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; Class A Shares (RMDAX).

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 RMDAX top holdings?

RMDAX 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 RMDAX performance? What are RMDAX historical returns?

RMDAX has generated the following returns:

  • 1-month return is 5.47%;
  • 3-month return is 7.36%;
  • 1-year return is 7.36%;
  • 3-year return is 27.95%;
  • 5-year return is 23.36%;
  • 10-year return is 15.01%;
  • 15-year return is 12.44%.

4. How many up and down years did RMDAX have historically?

In the last 10 years, RMDAX had 8 up years and 2 down years.

RMDAX up and down years

5. What is RMDAX dividend yield?

RMDAX yield is 0%.

6. What is RMDAX minimum initial investment amount?

RMDAX minimum initial investment amount is $1.00K.

7. What is RMDAX expense ratio?

RMDAX expense ratio is 1.14%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

RMDAX expenses

8. Does RMDAX have any sales loads or 12b-1 distribution expenses?

RMDAX 12b-1 distribution fee is 0.25. RMDAX front-end sales load is 5.5. RMDAX back-end sales load is 0.

9. What is RMDAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.39%;
  • 3-year ax cost ratio is 2.5%.
RMDAX tax costs

10. What is RMDAX beta? How would you assess RMDAX risk?

RMDAX Beta

11. What is RMDAX Sharpe ratio?

  • 3-year Sharpe ratio is 1.13;
  • 5-year Sharpe ratio is 1.15;
  • 10-year Sharpe ratio is 0.86;
  • 15-year Sharpe ratio is 0.67.
RMDAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 50. Our quantitative analysis shows 3 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 50.

13. What are the pros of investing in RMDAX? What are RMDAX buy reasons?

The following are RMDAX strengths from our perspective:

  • RMDAX 3-year return is 27.95%, which is higher than the 3-year return of the benchmark index (Russell Mid Cap Growth TR USD), 22.4%.
  • RMDAX 5-year return is 23.36%, which is higher than the 5-year return of the benchmark index (Russell Mid Cap Growth TR USD), 20.57%.
  • RMDAX 15-year return is 12.44%, which is higher than the 15-year return of the benchmark index (Russell Mid Cap Growth TR USD), 12.14%.

14. What are the cons of investing in RMDAX? What are RMDAX negatives?

The following are RMDAX weaknesses from our perspective:

  • RMDAX net assets are $376.70 million. This fund is not a popular choice with retail investors.
  • RMDAX expense ratio is 1.14%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the RMDAX review, we covered RMDAX 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.
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