Virtus Ceredex Small-Cap Value Equity Fund Q3 2025 Commentary
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Mutual Fund Commentaries59 FollowersFollow5ShareSavePlay(7min)CommentsSummaryU.S. stock markets broadly advanced in the third quarter, led by a macro-driven "junk rally" in small-cap value stocks.The Virtus Ceredex Small-Cap Value Equity Fund returned +5.59% (Class I) for the quarter compared to the Russell 2000 ® Value Index ’s return of +12.60%.The performance gap reflects that the Index ’s strongest performers were stocks outside our investment discipline, as our focus on high-quality companies avoids participation in speculative rallies.Our current outlook for the Fund remains strong, as we believe it continues to be well positioned from a fundamentals perspective.Growing capital expenditure momentum and substantial government deficit spending may continue to provide a positive, multi-year backdrop for many of these businesses. 1550539/iStock via Getty Images Market Review U.S. stock markets broadly advanced in the third quarter, led by a macro-driven “junk rally” in small-cap value stocks. The risk-on runup that began last quarter accelerated as investors continued broadly to shrug off fundamentals in favor ofThis article was written byMutual Fund Commentaries59 FollowersFollowSelect quarterly mutual fund commentaries.