# EDGAR Filing Document

**Accession Number:** 0000034273
**File Stem:** 0000940400-25-009432
**Filing Date:** 2025-11
**Character Count:** 13688
**Document Hash:** e95c46ab2cff1569e1bf5d7bf68a183d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009432.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009432

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS EQUITY TRUST
- **CENTRAL INDEX KEY:** 0000034273

**ORGANIZATION NAME:**
- **EIN:** 036066130
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00945
- **FILM NUMBER:** 251512156

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STEET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 800-243-1574

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX EQUITY TRUST
- **DATE OF NAME CHANGE:** 20040628

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX ABERDEEN WORLDWIDE OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 19981215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX WORLDWIDE OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 19940505

## Series and Classes Contracts Data

### Virtus KAR Small-Cap Value Fund (Series ID: S000021181)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000060298 | Class A      | PQSAX           |
| C000060299 | Class C      | PQSCX           |
| C000060300 | Class I      | PXQSX           |
| C000176670 | Class R6     | VQSRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Virtus Equity Trust

- **b. Investment Company Act file number:** 811-00945

- **c. CIK number of Registrant:** 0000034273

- **d. LEI of Registrant:** 549300BN8LS7IJSSNN03

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-243-1574

**Item A.2. Information about the Series.**

- **a. Name of Series:** Virtus KAR Small-Cap Value Fund

- **b. EDGAR series identifier (if any):** S000021181

- **c. LEI of Series:** 5493006KGNA2FHX40515

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $761178926.82

**Total Liabilities:** $823705.36

**Net Assets:** $760355221.46

**Cash Not Reported:** $26115960.47

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000060298 | -0.75%               | 3.80%                | -4.08%               |
| Class ID C000060300 | -0.71%               | 3.82%                | -4.06%               |
| Class ID C000176670 | -0.71%               | 3.84%                | -4.08%               |
| Class ID C000060299 | -0.79%               | 3.73%                | -4.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-5567928.07                               |
| Month 2  | $0.00                    | $29255639.34                               |
| Month 3  | $17324618.06             | $-49945033.71                              |

### Schedule of Portfolio Investments

| Name                               | Title                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SiteOne Landscape Supply Inc       | SiteOne Landscape Supply Inc       | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |    154817 | NS      | $19940429.60  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp             | Hillman Solutions Corp             | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2938705 | NS      | $26977311.90  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc                | Thor Industries Inc                | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |    246823 | NS      | $25593076.87  | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp             | National Beverage Corp             | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |    470333 | NS      | $17364694.36  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                | Landstar System Inc                | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |    146494 | NS      | $17954304.64  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    421967 | NS      | $421967.21    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp Inc            | Stock Yards Bancorp Inc            | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |    327793 | NS      | $22942232.07  | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The         | Cheesecake Factory Inc/The         | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |    625467 | NS      | $34175516.88  | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                           | RLI Corp                           | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |    308382 | NS      | $20112674.04  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                   | Badger Meter Inc                   | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     59034 | NS      | $10542291.72  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co                           | WD-40 Co                           | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |    102107 | NS      | $20176343.20  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                      | Primerica Inc                      | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |    128696 | NS      | $35724722.64  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                   | UniFirst Corp/MA                   | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |    125052 | NS      | $20907443.88  | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc     | Armstrong World Industries Inc     | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    248124 | NS      | $48634785.24  | 6.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp                | Bank of Hawaii Corp                | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |    406862 | NS      | $26706421.68  | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                | CSW Industrials Inc                | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     90810 | NS      | $22044127.50  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp          | Albany International Corp          | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |    196209 | NS      | $10457939.70  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc                 | Houlihan Lokey Inc                 | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    240050 | NS      | $49287066.00  | 6.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                         | Watsco Inc                         | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     85884 | NS      | $34722901.20  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp                     | JBT Marel Corp                     | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    234526 | NS      | $32939176.70  | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                        | EVERTEC Inc                        | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    716827 | NS      | $24214416.06  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare I     | Prestige Consumer Healthcare Inc   | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    427886 | NS      | $26700086.40  | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc          | Construction Partners Inc          | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |    394330 | NS      | $50079910.00  | 6.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates Inc        | Jack Henry & Associates Inc        | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     75623 | NS      | $11262533.39  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc     | First Financial Bankshares Inc     | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |    675257 | NS      | $22722398.05  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                   | RBC Bearings Inc                   | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91376 | NS      | $35663139.04  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                       | HB Fuller Co                       | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    431344 | NS      | $25570072.32  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                  | Getty Realty Corp                  | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |    748372 | NS      | $20078820.76  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International In     | Choice Hotels International Inc    | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |    179518 | NS      | $19192269.38  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Virtus Equity Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer