Skip to Content

Virtus Newfleet Senior Floating Rate C PFSRX

Analyst rating as of
NAV / 1-Day Return
8.97  /  0.02 %
Total Assets
211.8 Mil
Adj. Expense Ratio
1.860%
Expense Ratio
1.860%
Fee Level
High
Longest Manager Tenure
13.29 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,500
Status
Open
TTM Yield
2.60%
Effective Duration
0.39 years
Premium

Morningstar’s Analysis

Will PFSRX outperform in future?

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

A conservative approach to the loan market doesn’t leave this fund devoid of risk.

Summary

| |

Virtus Newfleet Senior Floating Rate benefits from experienced leadership, but lean supporting resources and a liquidity strategy that adds risk during stress periods support a Morningstar Analyst Rating of Neutral for its cheapest share classes, while its pricier shares are rated Negative.

Unlock our full analysis with Morningstar Premium