Virtus KAR Mid-Cap ETF (KMID)

The Virtus KAR Mid-Cap ETF (KMID) is an actively managed equity fund from Virtus Investment Partners, with Kayne Anderson Rudnick Investment Management serving as subadviser. It seeks long-term capital appreciation by investing in U.S. mid-capitalization companies.

Kayne Anderson Rudnick follows a quality-focused approach, seeking businesses with durable competitive advantages, strong balance sheets, high returns on capital and consistent growth, purchased at reasonable valuations. The portfolio is typically concentrated in a limited number of holdings selected through bottom-up fundamental research.

Because it is actively managed, the fund does not track an index, and its sector weights and holdings can differ substantially from mid-cap benchmarks.