Virtus Newfleet Senior Floating Rate stands to benefit from a recent influx of research resources, but the team’s approach to managing asset flows provides pause.
Virtus Newfleet Senior Floating Rate A PSFRX
- NAV / 1-Day Return 8.74 / −0.09 %
- Total Assets 185.1 Mil
-
Adj. Expense Ratio
0.900%
- Expense Ratio 1.000%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.07%
- Effective Duration 0.13 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0
Morningstar’s Analysis PSFRX
Will PSFRX 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 9.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us Dollar | 3.54 | 6.6 Mil | Cash and Equivalents |
Dreyfus Government Cash Mgmt Instl | 3.10 | 5.8 Mil | Cash and Equivalents |
Medline Borrower Lp Term Loan B | 1.09 | 2.0 Mil | Corporate |
Upfield Usa Corp Term Loan B7 | 1.05 | 2.0 Mil | Corporate |
Ukg Inc Term Loan | 1.03 | 1.9 Mil | Corporate |
Transdigm Inc Term Loan I | 0.99 | 1.8 Mil | Corporate |
Wec Us Holdings Ltd Term Loan B | 0.98 | 1.8 Mil | Corporate |
Applied Systems Inc Term Loan B-Ext | 0.96 | 1.8 Mil | Corporate |
Ineos Us Finance Llc Term Loan B | 0.96 | 1.8 Mil | Corporate |
Froneri Us Inc Term Loan B | 0.95 | 1.8 Mil | Corporate |