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Virtus Duff & Phelps Glb Rl Estt Secs C Overview

Virtus Duff & Phelps Glb Rl Estt Secs C (VGSCX) is an actively managed Sector Equity Global Real Estate fund. Virtus launched the fund in 2009.

The investment seeks long-term capital appreciation with a secondary investment objective of income. The fund provides global exposure to the real estate securities market, focusing on owners and operators with recurring rental income. It invests at least 80% of its assets in equity securities issued by U.S. and non-U.S. companies of any capitalization that are principally engaged in the real estate industry, including common stock, preferred stock and other equity securities issued by real estate companies, such as REITs and similar REIT-like entities.

About Virtus Duff & Phelps Glb Rl Estt Secs C (VGSCX)

There are 2 members of the management team with an average tenure of 17.42 years: Frank Haggerty (2009), Geoffrey Dybas (2009). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and FTSE EPRA Nareit Developed NR USD index with a weighting of 100%. Virtus Duff & Phelps Glb Rl Estt Secs C has 60 securities in its portfolio. The top 10 holdings constitute 40.7% 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 Duff & Phelps Glb Rl Estt Secs C is part of the Equity global asset class and is within the Sector Equity fund group. Virtus Duff & Phelps Glb Rl Estt Secs C has 30.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 64.8%. There is 30.7% 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 Duff & Phelps Glb Rl Estt Secs C has 2.8% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $209 million average for the Global Real Estate 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.

VGSCX 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 Duff & Phelps Glb Rl Estt Secs C expense ratio is high compared to funds in the Global Real Estate category. Virtus Duff & Phelps Glb Rl Estt Secs C has an expense ratio of 1.99%, which is 73% higher than its category average, making the fund expense ratio grade a F. 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 Duff & Phelps Glb Rl Estt Secs C has a portfolio turnover rate of 18%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 71% for the Global Real Estate category.

Recently, in the month of July 2026, Virtus Duff & Phelps Glb Rl Estt Secs C returned 2.6%, which earned it a grade of C, as the Global Real Estate category had an average return of 2.5%. 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 Duff & Phelps Glb Rl Estt Secs C has a trailing yield of 1.49%, which is below the 2.74% 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 Duff & Phelps Glb Rl Estt Secs C Grades

Year to date, the fund has returned 13.7%, 2.8 percentage points better than the category, which translates into a grade of B. The fund has returned 17.7% over the past year (grade of B), 9.8% over the past three years (grade of B) and 1.4% per year over the past five years (grade of C) and 4.6% per year over the past 10 years (grade of B).

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