NFLT

Virtus Newfleet Multi-Sector Bond ETF

$23.08

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Virtus Newfleet Multi-Sector Bond ETF seeks to provide a high level of current income consistent with capital appreciation.

Overview

ETF tracking Virtus Newfleet Multi-Sector Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2015-08-11

Market Cap $312.7M

Average Volume N/A

Dividend Yield 4.53%

52-Week Range $22.03 - $23.25

VWAP $23.08

Performance

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Investment Summary

📎 Investment Objective

The Virtus Newfleet Multi-Sector Bond ETF seeks to provide a high level of current income consistent with capital appreciation.

🎯 Investment Strategy

The fund invests in a diversified portfolio of fixed income securities across multiple sectors, including U.S. government, corporate, mortgage-backed, and asset-backed securities. The portfolio managers utilize a multi-sector approach to identify undervalued securities with the potential for capital appreciation.

✨ Key Features

Broad exposure to the fixed income market across multiple sectors
Actively managed strategy seeking to identify undervalued securities
Potential for a high level of current income and capital appreciation

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Sector concentration risk: The fund's performance may be more volatile due to its focus on specific sectors
Liquidity risk: Some of the fund's holdings may be difficult to sell at desired prices

👤 Best For

This ETF may be suitable for investors seeking a diversified fixed income portfolio with the potential for higher income and capital appreciation, and who have a moderate to long-term investment horizon and can tolerate the risks associated with the fund's multi-sector approach.