Virtus Newfleet Low Duration Core Plus' recent influx of resources is welcomed, and the group is well-positioned to carry out this credit-focused short-term bond offering.
Virtus Newfleet Low Dur Cor Pl Bd I HIBIX
- NAV / 1-Day Return 10.46 / +0.04 %
- Total Assets 416.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.500%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 4.03%
- Effective Duration 2.00 years
USD | NAV as of May 11, 2024 | 1-Day Return as of May 11, 2024, 12:32 AM GMT+0
Morningstar’s Analysis HIBIX
Will HIBIX 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 8.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4.375% | 2.04 | 8.6 Mil | Government |
United States Treasury Notes 4.125% | 1.93 | 8.1 Mil | Government |
United States Treasury Notes 5% | 1.53 | 6.4 Mil | Government |
Us Dollar | 1.13 | 4.7 Mil | Cash and Equivalents |
Federal Home Loan Mortgage Corp. 6% | 0.90 | 3.8 Mil | Securitized |
Federal Home Loan Mortgage Corp. 6% | 0.85 | 3.6 Mil | Securitized |
Towd Point Mortgage Trust 3% | 0.74 | 3.1 Mil | Securitized |
VERUS SECURITIZATION TRUST 2022-7 5.152% | 0.66 | 2.7 Mil | Securitized |
VFI ABS 2022-1, LLC 3.04% | 0.57 | 2.4 Mil | Securitized |
Towd Pt Mtg Tr 2017-1 3.5% | 0.55 | 2.3 Mil | Securitized |