Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Virtus Westchester Credit Event Fd I WCFIX
- NAV / 1-Day Return 11.15 / 0.00
- Total Assets 77.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.480%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 4.27%
- Effective Duration —
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:49 PM GMT+0
Morningstar’s Analysis WCFIX
Will WCFIX 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 36.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
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Textainer Group Holdings Limited | 3.14 | 2.3 Mil | Corporate |
Usd/Eur Fwd 20240116 00187 | 3.11 | 2.3 Mil | Derivative |
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp 7.5% | 3.02 | 2.2 Mil | Corporate |
NFP Corp. 6.875% | 2.93 | 2.2 Mil | Corporate |