{"entity_type":"fund","name":"Virtus KAR Developing Markets Fund","identifiers":{"lei":"549300X88W856X7L4E48","cik":"1005020","fund_id":"S000072168","fundkey":"virtus-kar-developing-markets-fund"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-09-30","filing_date":"2026-02-26"},"summary":{"total_positions":41,"total_value_usd":4378028.14,"asset_categories":["EC","STIV"],"by_asset_category":{"EC":{"positions":40,"total_value_usd":4288535.91},"STIV":{"positions":1,"total_value_usd":89492.23}}},"holdings":[{"issuer_name":"TSMC","title":"Taiwan Semiconductor Manufacturing Co Ltd","isin":"US8740391003","value_usd":404173.7,"pct_val":9.043444050638,"balance":1330,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"TW","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tencent Holdings Ltd","title":"Tencent Holdings Ltd","isin":"KYG875721634","value_usd":238593.29,"pct_val":5.338558815115,"balance":3100,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Caixa Seguridade Participacoes","title":"Caixa Seguridade Participacoes S/A","isin":"BRCXSEACNOR7","value_usd":195351.54,"pct_val":4.371018505647,"balance":64409,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Corp Moctezuma SAB de CV","title":"Corp Moctezuma SAB de CV","isin":"MXP314311103","value_usd":177091.21,"pct_val":3.962441023488,"balance":39370,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LEENO Industrial Inc","title":"LEENO Industrial Inc","isin":"KR7058470006","value_usd":161659.51,"pct_val":3.617154540086,"balance":3862,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ferreycorp SAA","title":"Ferreycorp SAA","isin":"PEP736001004","value_usd":153168.78,"pct_val":3.427173248122,"balance":132004,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"PE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Credit Bureau Asia Ltd","title":"Credit Bureau Asia Ltd","isin":"SGXE54097436","value_usd":149681.03,"pct_val":3.349134345572,"balance":148000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Epiroc AB","title":"Epiroc AB","isin":"SE0015658117","value_usd":145381.23,"pct_val":3.252925708718,"balance":7169,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Arca Continental SAB de CV","title":"Arca Continental SAB de CV","isin":"MX01AC100006","value_usd":139528.03,"pct_val":3.121959525819,"balance":12918,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GPS Participacoes e Empreendim","title":"GPS Participacoes e Empreendimentos SA","isin":"BRGGPSACNOR9","value_usd":126687.08,"pct_val":2.834641442327,"balance":42958.75721,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"VAT Group AG","title":"VAT Group AG","isin":"CH0311864901","value_usd":126181.16,"pct_val":2.823321410336,"balance":259,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Heineken Malaysia Bhd","title":"Heineken Malaysia Bhd","isin":"MYL3255OO006","value_usd":119948.74,"pct_val":2.683870125974,"balance":21200,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"NICE Information Service Co Lt","title":"NICE Information Service Co Ltd","isin":"KR7030190003","value_usd":115461.46,"pct_val":2.583466597443,"balance":9784,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Avia Avian Tbk PT","title":"Avia Avian Tbk PT","isin":"ID1000165004","value_usd":108419.79,"pct_val":2.425908229177,"balance":3580000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"HAITIAN INT'L","title":"Haitian International Holdings Ltd","isin":"KYG4232C1087","value_usd":108386.88,"pct_val":2.425171863244,"balance":38066,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Wal-Mart de Mexico SAB de CV","title":"Wal-Mart de Mexico SAB de CV","isin":"MX01WA000038","value_usd":107960.97,"pct_val":2.415642066388,"balance":34710,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Precision Tsugami China Corp L","title":"Precision Tsugami China Corp Ltd","isin":"KYG7215M1006","value_usd":104540.07,"pct_val":2.3390989421,"balance":24200,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tegma Gestao Logistica SA","title":"Tegma Gestao Logistica SA","isin":"BRTGMAACNOR7","value_usd":101180.37,"pct_val":2.263925176521,"balance":14989,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bank Central Asia Tbk PT","title":"Bank Central Asia Tbk PT","isin":"ID1000109507","value_usd":95398.8,"pct_val":2.134561725065,"balance":197000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Allegro.eu SA","title":"Allegro.eu SA","isin":"LU2237380790","value_usd":89837.03,"pct_val":2.010116329886,"balance":10397,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"PL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Dreyfus Government Cash Management","title":"Dreyfus Government Cash Management","isin":"US2620062081","value_usd":89492.23,"pct_val":2.002401380821,"balance":89492.23,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"RF","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Riverstone Holdings Ltd","title":"Riverstone Holdings Ltd","isin":"SG1U22933048","value_usd":89071.11,"pct_val":1.992978760897,"balance":131600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SG","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Optima bank SA","title":"Optima bank SA","isin":"GRS533003000","value_usd":89031.34,"pct_val":1.992088901488,"balance":9826,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BR Advisory Partners Participa","title":"BR Advisory Partners Participacoes SA","isin":"BRBRBICDAM10","value_usd":87496.69,"pct_val":1.95775088936,"balance":23973,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sarana Menara Nusantara Tbk PT","title":"Sarana Menara Nusantara Tbk PT","isin":"ID1000128804","value_usd":87264.11,"pct_val":1.952546878764,"balance":2487400,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Anhui Gujing Distillery Co Ltd","title":"Anhui Gujing Distillery Co Ltd","isin":"CNE000000K82","value_usd":81932.36,"pct_val":1.833248213817,"balance":7300,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kanzhun Ltd","title":"Kanzhun Ltd","isin":"US48553T1060","value_usd":81560.76,"pct_val":1.824933610939,"balance":4002,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Grupa Pracuj SA/Poland","title":"Grupa Pracuj SA/Poland","isin":"PLGRPRC00015","value_usd":77471.89,"pct_val":1.73344456285,"balance":6007,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"PL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Douzone Bizon Co Ltd","title":"Douzone Bizon Co Ltd","isin":"KR7012510004","value_usd":76178.68,"pct_val":1.704508805079,"balance":1282,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kaspi.KZ JSC","title":"Kaspi.KZ JSC","isin":"US48581R2058","value_usd":72973.42,"pct_val":1.632790656477,"balance":934,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"KZ","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Union Auction PCL","title":"Union Auction PCL","isin":"TH4709010011","value_usd":69809.87,"pct_val":1.56200577506,"balance":379200,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"TH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Esab Corp","title":"Esab Corp","isin":"US29605J1060","value_usd":68484.36,"pct_val":1.532347300192,"balance":613,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GFC Ltd/TW","title":"GFC Ltd/TW","isin":"TW0004506001","value_usd":64655.24,"pct_val":1.446670195316,"balance":17000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"TW","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BBB Foods Inc","title":"BBB Foods Inc","isin":"VGG0896C1032","value_usd":64008.63,"pct_val":1.432202204554,"balance":1917,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"S-1 Corp","title":"S-1 Corp","isin":"KR7012750006","value_usd":60911.25,"pct_val":1.362897886303,"balance":1217,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Qualitas Controladora SAB de C","title":"Qualitas Controladora SAB de CV","isin":"MX01Q0000008","value_usd":53798.95,"pct_val":1.203759161736,"balance":5206,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Multi Bintang Indonesia Tbk PT","title":"Multi Bintang Indonesia Tbk PT","isin":"ID1000132806","value_usd":52751.12,"pct_val":1.180313816382,"balance":155000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Wuliangye Yibin Co Ltd","title":"Wuliangye Yibin Co Ltd","isin":"CNE000000VQ8","value_usd":45479.85,"pct_val":1.017618115445,"balance":3000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alibaba Group Holding Ltd","title":"Alibaba Group Holding Ltd","isin":"US01609W1027","value_usd":40895.82,"pct_val":0.915049791896,"balance":279,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"HK","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kfin Technologies Ltd","title":"Kfin Technologies Ltd","isin":"INE138Y01010","value_usd":37776.35,"pct_val":0.845251206751,"balance":3138,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Humanica PCL","title":"Humanica PCL","isin":"TH8335010014","value_usd":18353.44,"pct_val":0.410660831659,"balance":114500,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"TH","fair_val_level":"1","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1005020&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/virtus-kar-developing-markets-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/virtus-kar-developing-markets-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Virtus KAR Developing Markets Fund | LEI: 549300X88W856X7L4E48 | 41 positions totaling $4,378,028 across EC, STIV | Filing: Wed Feb 25 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-02-26"}