Virtus NFJ International Value Fund

The Virtus NFJ International Value Fund generally commits at least 65% of its total assets (including any capital obtained through borrowing for investment purposes) to a diverse range of equity instruments. These investments primarily target corporations based outside the United States, specifically those with a market capitalization exceeding $1 billion. The types of equity securities held can include common shares, preferred stocks, convertible bonds, and warrants. A key aspect of the fund's strategy is a strong focus on selecting holdings that the portfolio managers anticipate will generate income, largely through dividend payments.