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Morningstar

Virtus Newfleet Multi-Sect Intrmdt Bd A NAMFX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 8.70  /  0.56 %
  • Total Assets 395.6 Mil
  • Adj. Expense Ratio
    0.990%
  • 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 4.89%
  • Effective Duration 4.03 years

USD | NAV as of Oct 04, 2023 | 1-Day Return as of Oct 04, 2023, 12:25 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.

Process Pillar

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

People Pillar

The People Pillar is our evaluation of the NAMFX 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 NAMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Virtus Newfleet Multi-Sect Intrmdt Bd A'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

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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NAMFX

More NAMFX Holdings
  • Current Portfolio Date
  • Equity Holdings 3
  • Bond Holdings 547
  • Other Holdings 15
  • % Assets in Top 10 Holdings 9.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

3.39
11,063,497
Cash and Equivalents

United States Treasury Bonds 4%

2.56
8,356,170
Government

United States Treasury Notes 1.875%

2.24
7,293,630
Government

Dreyfus Government Cash Mgmt Instl

1.88
6,142,798
Cash and Equivalents

United States Treasury Notes 4.125%

1.28
4,159,031
Government

United States Treasury Notes 0.125%

1.05
3,426,683
Cash and Equivalents

United States Treasury Bonds 1.875%

0.86
2,815,233
Government

Federal National Mortgage Association 5%

0.59
1,914,851
Securitized

AMSR TRUST 1.806%

0.56
1,816,754
Securitized

TOWD POINT MORTGAGE TRUST 3.75%

0.51
1,678,286
Securitized