The Fund Grade · free · no account needed

What grade does PGFIX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-01

Virtus Silvant Focused Growth Fund Instl

#62 of 500 graded active funds · growth · large segment peer group

The point · specialist footprint

PGFIX puts more of its book behind proven specialists than 91% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

10,000+ funds tracked · the graded specialists among them drive every read

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

PGFIX vs the Honor Roll · share card ↗

Conviction exposure

57.9%

of the book in specialist-converged names

Late-stage weight

19.9%

of the book in Crowded or Fading names

Active share

86.1%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
NVDA 16.1%MSFT 10.2%AAPL 9.5%+4 locked
Consensus
LLY 4.7%V 4.1%RCL 3.7%+5 locked
Emerging
HON 1.4%
Crowded
GOOGL 8%GE 4%NFLX 3.3%+1 locked
Fading
AVGO 4.8%GEV 4%FICO 1.7%+3 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

PGFIX grades A and ranks 62 of 500, with nearly 58% specialist ownership backing its concentrated growth bets. The concern worth watching is that five positions, including Broadcom and Netflix, are in Fading stage, accounting for over 13% of the fund. Early Conviction stakes in Vulcan Materials and SOLS are small but show where the fund is genuinely ahead of the crowd.

→ Monitor the combined 13% Fading weight across Broadcom, Netflix, ISRG, FICO, and Autodesk for continued specialist exit signals.

→ Track whether Early Conviction positions VMC and SOLS grow in weight, as that would signal the fund pressing its earliest bets.

Support leaving these positions

GOOGL 8% of the fund · Crowded

AVGO 4.8% of the fund · Fading

GEV 4% of the fund · Fading

GE 4% of the fund · Crowded

NFLX 3.3% of the fund · Crowded

Where it's genuinely early

NVDA 16.1% of the fund · Early Conviction

MSFT 10.2% of the fund · Early Conviction

AAPL 9.5% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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