Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Virtus Newfleet High Yield C PGHCX
- NAV / 1-Day Return 3.65 / +0.02 %
- Total Assets 53.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.700%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.96%
- Effective Duration 2.92 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0
Morningstar’s Analysis PGHCX
Will PGHCX 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 11.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us Dollar | 2.52 | 1.3 Mil | Cash and Equivalents |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | 1.77 | 927,471 | Corporate |
Dreyfus Government Cash Mgmt Instl | 1.70 | 892,537 | Cash and Equivalents |
Acrisure Llc / Acrisure Fin Inc 7% | 1.28 | 673,392 | Corporate |
Carnival Corporation 7.625% | 1.19 | 626,120 | Corporate |
Nationstar Mortgage LLC 5.75% | 1.17 | 615,389 | Corporate |
FMG Resources (August 2006) Pty Ltd. 5.875% | 1.14 | 599,442 | Corporate |
Enbridge Inc. 8.5% | 1.11 | 579,687 | Corporate |
Gray Television, Inc. 7% | 1.09 | 570,300 | Corporate |
CITGO Petroleum Corporation 7% | 1.09 | 569,072 | Corporate |