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Virtus Ceredex Small-Cap Value Equity Fund Q3 2025 Commentary (SASVX)

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Virtus Ceredex Small-Cap Value Equity Fund Q3 2025 Commentary (SASVX)

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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 of

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