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Morningstar

Virtus Newfleet Multi-Sector S/T Bd I PIMSX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 4.46  /  +0.01 %
  • Total Assets 4.4 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 4.27%
  • Effective Duration 2.05 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PIMSX

Will PIMSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PIMSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PIMSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PIMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Virtus Newfleet Multi-Sector S/ T Bd I's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PIMSX

More PIMSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.5%

4.72 207.8 Mil
Government

Us Dollar

1.15 50.6 Mil
Cash and Equivalents

United States Treasury Notes 4.375%

0.77 34.1 Mil
Government

Federal Home Loan Mortgage Corp. 6%

0.74 32.6 Mil
Securitized

Federal National Mortgage Association 5.5%

0.68 29.9 Mil
Securitized

United States Treasury Notes 1%

0.56 24.5 Mil
Government

United States Treasury Notes 1.625%

0.55 24.0 Mil
Government

Goldman Sachs Group, Inc. 4.25%

0.54 23.9 Mil
Corporate

United States Treasury Bills 5.43507%

0.52 23.0 Mil
Government

Csmc 2019-Ice4 6.38901%

0.52 22.7 Mil
Securitized