Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Virtus Newfleet Multi-Sect Intrmdt Bd A NAMFX
- NAV / 1-Day Return 9.06 / +0.49 %
- Total Assets 557.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.990%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.48%
- Effective Duration 3.94 years
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:13 AM GMT+0
Morningstar’s Analysis NAMFX
Will NAMFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bonds 4% | 2.22 | 12.2 Mil | Government |
Us Dollar | 1.31 | 7.2 Mil | Cash and Equivalents |
Federal National Mortgage Association 6% | 0.81 | 4.5 Mil | Securitized |
United States Treasury Bonds 4.25% | 0.80 | 4.4 Mil | Government |
United States Treasury Bonds 3.625% | 0.80 | 4.4 Mil | Government |
Federal Home Loan Mortgage Corp. 6% | 0.70 | 3.9 Mil | Securitized |
ANGEL OAK MORTGAGE TRUST 2022-5 4.5% | 0.59 | 3.2 Mil | Securitized |
Dreyfus Government Cash Mgmt Instl | 0.58 | 3.2 Mil | Cash and Equivalents |
ANGEL OAK MORTGAGE TRUST 2023-1 4.75% | 0.54 | 3.0 Mil | Securitized |
United States Treasury Bonds 1.875% | 0.46 | 2.6 Mil | Government |