Verdicts genuinely change. Free email alert the moment PHRCX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Virtus Duff & Phelps Real Estate Securities Fund · Virtus Opportunities Trust
32 holdings
NON-COMPLIANT 41.93% of portfolio weight is in non-compliant holdings, over the 5% threshold.
32 holdings, 27 matched (87% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
0.53% of this portfolio’s income is non-permissible — weighted across holdings, computed over 71% of portfolio weight (21 of 32 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
43.3% compliant 0.0% questionable 41.9% non-compliant 13.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WELL WELLTOWER INC | COMPLIANT | 12.06% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| PLD PROLOGIS INC | COMPLIANT | 9.01% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| EQIX EQUINIX INC | COMPLIANT | 6.93% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| DLR DIGITAL REALTY TRUST INC | COMPLIANT | 5.43% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SPG SIMON PROPERTY GROUP INC | NON_COMPLIANT | 4.79% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| VTR VENTAS INC | COMPLIANT | 4.54% | AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8% |
| PSA PUBLIC STORAGE | NON_COMPLIANT | 3.68% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| AHR AMERICAN HEALTHCARE REIT INC | COMPLIANT | 3.63% | AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | NON_COMPLIANT | 3.28% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| IRON MOUNTAIN INC (REIT) | UNSCREENED | 3.20% | no in-house ratios for this holding |
| AVB AVALONBAY COMMUNITIES INC | NON_COMPLIANT | 3.18% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| AMH AMERICAN HOMES 4 RENT | NON_COMPLIANT | 3.15% | AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1% |
| FIRST INDUSTRIAL REALTY TRUST INC | UNSCREENED | 2.80% | no in-house ratios for this holding |
| BRIXMOR PROPERTY GROUP INC | UNSCREENED | 2.72% | no in-house ratios for this holding |
| EPRT ESSENTIAL PROPERTIES REALTY TRUST INC | NON_COMPLIANT | 2.68% | AAOIFI45.0% Usmani39.1% Dow Jones Islamic49.1% S&P Shariah55.6% MSCI Islamic39.1% MSCI Islamic M-Series55.6% FTSE Shariah39.1% |
| SBRA SABRA HEALTH CARE REIT INC | NON_COMPLIANT | 2.63% | AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6% |
| ESS ESSEX PROPERTY TRUST INC | NON_COMPLIANT | 2.37% | AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5% |
| CUBE CUBESMART | NON_COMPLIANT | 2.36% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GLPI GAMING AND LEISURE PROPERTIES INC | NON_COMPLIANT | 2.28% | AAOIFI66.7% Usmani57.1% Dow Jones Islamic65.1% S&P Shariah68.3% MSCI Islamic57.1% MSCI Islamic M-Series68.3% FTSE Shariah57.1% |
| AGREE REALTY CORP | UNSCREENED | 2.16% | no in-house ratios for this holding |
| RYMAN HOSPITALITY PROPERTIES INC | UNSCREENED | 2.15% | no in-house ratios for this holding |
| AMT AMERICAN TOWER CORP | NON_COMPLIANT | 1.76% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ELS EQUITY LIFESTYLE PROPERTIES INC | COMPLIANT | 1.66% | AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2% |
| PECO PHILLIPS EDISON & COMPANY INC | NON_COMPLIANT | 1.53% | AAOIFI44.6% Usmani45.0% Dow Jones Islamic54.6% S&P Shariah57.5% MSCI Islamic45.0% MSCI Islamic M-Series57.5% FTSE Shariah45.0% |
| CUZ COUSINS PROPERTIES INC | NON_COMPLIANT | 1.45% | AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3% |
| BXP BXP INC | NON_COMPLIANT | 1.33% | AAOIFI8.5% Usmani3.9% Dow Jones Islamic9.4% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9% |
| VNO VORNADO REALTY TRUST | NON_COMPLIANT | 1.30% | AAOIFI35.1% Usmani16.7% Dow Jones Islamic37.5% S&P Shariah41.9% MSCI Islamic16.7% MSCI Islamic M-Series41.9% FTSE Shariah16.7% |
| HLTC NATIONAL HEALTHCARE PROPERTIES INC | NON_COMPLIANT | 1.26% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| KIM KIMCO REALTY CORP | NON_COMPLIANT | 1.24% | AAOIFI51.8% Usmani38.5% Dow Jones Islamic53.4% S&P Shariah57.2% MSCI Islamic38.5% MSCI Islamic M-Series57.2% FTSE Shariah38.5% |
| PEB PEBBLEBROOK HOTEL TRUST | NON_COMPLIANT | 0.70% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| SMA SMARTSTOP SELF STORAGE REIT INC | NON_COMPLIANT | 0.54% | AAOIFI58.1% Usmani46.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.1% MSCI Islamic M-Series— FTSE Shariah46.1% |
| ARE ALEXANDRIA REAL ESTATE EQUITIES INC | NON_COMPLIANT | 0.41% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
The published standards disagree about this fund by 40 points of portfolio weight — 40.2% of it passes AAOIFI, 0.0% passes Usmani. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 40.2% ratios fail on 29.1% 28.9% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 56.0% 42.2% not rated under Usmani
ratios pass on 35.7% ratios fail on 29.9% 32.6% not rated under Dow Jones Islamic
ratios pass on 35.7% ratios fail on 29.9% 32.6% not rated under S&P Shariah
ratios pass on 14.4% ratios fail on 52.4% 31.4% not rated under MSCI Islamic
ratios pass on 35.7% ratios fail on 29.9% 32.6% not rated under MSCI Islamic M-Series
ratios pass on 14.4% ratios fail on 52.4% 31.4% not rated under FTSE Shariah
27 of 32 listed holdings carry our own per-methodology verdicts (85% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 24 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| SPG SIMON PROPERTY GROUP INC | 4.79% |
| PSA PUBLIC STORAGE | 3.68% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | 3.28% |
| AVB AVALONBAY COMMUNITIES INC | 3.18% |
| AMH AMERICAN HOMES 4 RENT | 3.15% |
| EPRT ESSENTIAL PROPERTIES REALTY TRUST INC | 2.68% |
| SBRA SABRA HEALTH CARE REIT INC | 2.63% |
| ESS ESSEX PROPERTY TRUST INC | 2.37% |
| CUBE CUBESMART | 2.36% |
| GLPI GAMING AND LEISURE PROPERTIES INC | 2.28% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Virtus Duff & Phelps Real Estate Securities Fund (PHRCX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| WELLWELLTOWER INC | 12.06% | Compliant |
| PLDPROLOGIS INC | 9.01% | Compliant |
| EQIXEQUINIX INC | 6.93% | Compliant |
| DLRDIGITAL REALTY TRUST INC | 5.43% | Compliant |
| SPGSIMON PROPERTY GROUP INC | 4.79% | Non-compliant |
| VTRVENTAS INC | 4.54% | Compliant |
| PSAPUBLIC STORAGE | 3.68% | Non-compliant |
| AHRAMERICAN HEALTHCARE REIT INC | 3.63% | Compliant |
| MAAMID-AMERICA APARTMENT COMMUNITIES INC | 3.28% | Non-compliant |
| IRON MOUNTAIN INC (REIT)not matched to a ticker | 3.20% | Not screened |
Top 10 of 32 holdings, 56.6% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for PHRCX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 45.20 | NEUTRAL |
| Stochastic %K (14) | 82.14 | SELL |
| CCI (20) | 5.77 | NEUTRAL |
| Williams %R (14) | -17.86 | SELL |
| MACD (12,26,9) | 0.05 | BUY |
| ROC (10) | -0.10 | SELL |
| Momentum (10) | -0.02 | SELL |
| EMA (10) | 19.50 | BUY |
| SMA (10) | 19.41 | BUY |
| EMA (20) | 19.65 | SELL |
| SMA (20) | 19.60 | BUY |
| EMA (30) | 19.83 | SELL |
| SMA (30) | 19.84 | SELL |
| EMA (50) | 20.06 | SELL |
| SMA (50) | 20.27 | SELL |
| EMA (100) | 20.13 | SELL |
| SMA (100) | 20.48 | SELL |
| EMA (200) | 19.53 | BUY |
| SMA (200) | 19.71 | SELL |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.