SDCP

Virtus Newfleet Short Duration Core Plus Bond ETF

$25.80

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Virtus Newfleet Short Duration Core Plus Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

Overview

ETF tracking Virtus Newfleet Short Duration Core Plus Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2023-11-16

Market Cap $12.9M

Average Volume N/A

Dividend Yield 4.26%

52-Week Range $25.66 - $26.02

VWAP $25.80

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Virtus Newfleet Short Duration Core Plus Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade fixed income securities, including government, corporate, and securitized bonds, with an average duration of 1-3 years. The portfolio manager uses a multi-sector approach to identify undervalued securities across various fixed income sectors.

✨ Key Features

Focuses on short-duration investment-grade bonds to provide income with lower interest rate risk
Employs an active, multi-sector strategy to capitalize on opportunities across the fixed income market
Seeks to maintain a high level of portfolio diversification to manage risk

⚠️ 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
Liquidity risk: Certain holdings may be difficult to sell at the desired time and price
Sector concentration risk: The fund's performance may be more sensitive to developments in specific sectors

👤 Best For

This ETF may be suitable for investors seeking current income and preservation of capital, with a lower tolerance for interest rate risk. It can be used as a core fixed income holding or to complement a diversified portfolio.