Fund Evaluator:

Virtus Zevenbergen Innovative Gr Stk I Overview

Virtus Zevenbergen Innovative Gr Stk I (SCATX) is an actively managed U.S. Equity Large Growth fund. Virtus launched the fund in 2004.

The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks of U.S. companies and other U.S.-traded equity securities. The Adviser considers U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. It may invest in companies of any size and may invest a portion of its assets in U.S. or non-U.S. issued securities of foreign companies.

About Virtus Zevenbergen Innovative Gr Stk I (SCATX)

There are 3 members of the management team with an average tenure of 14.82 years: Joseph Dennison (2015), Anthony Zackery (2015), Nancy Zevenbergen (2004). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: FT Wilshire 5000 TR USD index with a weighting of 100% and Russell 3000 Growth TR USD index with a weighting of 100%. Virtus Zevenbergen Innovative Gr Stk I has 36 securities in its portfolio. The top 10 holdings constitute 53.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Virtus Zevenbergen Innovative Gr Stk I is part of the Equity global asset class and is within the U.S. Equity fund group. Virtus Zevenbergen Innovative Gr Stk I has 11.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.4%. There is 11.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Virtus Zevenbergen Innovative Gr Stk I has 1.8% of the portfolio in cash.

Assets Under Management

The fund has $253 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

SCATX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Virtus Zevenbergen Innovative Gr Stk I expense ratio is high compared to funds in the Large Growth category. Virtus Zevenbergen Innovative Gr Stk I has an expense ratio of 1.00%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Virtus Zevenbergen Innovative Gr Stk I has a portfolio turnover rate of 22%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.

Recently, in the month of July 2026, Virtus Zevenbergen Innovative Gr Stk I returned -6.9%, which earned it a grade of F, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Virtus Zevenbergen Innovative Gr Stk I has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Virtus Zevenbergen Innovative Gr Stk I Grades

Year to date, the fund has returned -1.9%, 5.6 percentage points worse than the category, which translates into a grade of F. The fund has returned -2.6% over the past year (grade of F), 14.9% over the past three years (grade of F) and 0.0% per year over the past five years (grade of F) and 16.0% per year over the past 10 years (grade of B).

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