Virtus Duff & Phelps Select MLP and Energy Fund A

Under typical market conditions, the fund allocates a minimum of 80% of its capital to master limited partnerships (MLPs) and other equity holdings within the energy sector and related industries. Although its investment in exchange-traded notes (ETNs) and structured financial products varies, it commonly ranges from 0% to 3% and is strictly capped at 10% of total assets. Furthermore, this fund maintains a non-diversified investment approach.