VABS
Virtus Newfleet ABS/MBS ETF
📎 Investment Objective
The Virtus Newfleet ABS/MBS ETF seeks to provide current income by investing primarily in asset-backed securities (ABS) and mortgage-backed securities (MBS).
Overview
ETF tracking Virtus Newfleet ABS/MBS ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Virtus Newfleet ABS/MBS ETF seeks to provide current income by investing primarily in asset-backed securities (ABS) and mortgage-backed securities (MBS).
🎯 Investment Strategy
The fund invests in a diversified portfolio of ABS and MBS, including residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). The portfolio is actively managed, with the goal of generating a high level of current income while maintaining relatively low volatility.
✨ Key Features
- Focuses on investment-grade ABS and MBS to generate current income
- Actively managed portfolio to navigate changing market conditions
- Aims to provide a low-volatility fixed income exposure
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of the fund's holdings may decline when interest rates rise
- Credit risk: The fund is exposed to the risk of default or downgrade of the underlying securities
- Prepayment risk: Mortgage-backed securities may be subject to increased prepayments when interest rates fall
- Liquidity risk: The fund may have difficulty selling certain securities, especially in times of market stress
👤 Best For
This ETF may be suitable for investors seeking a low-volatility fixed income allocation that can provide a steady stream of current income. It may be particularly appealing to those looking to diversify their bond portfolio or seeking an alternative to traditional government or corporate bonds.