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.
Virtus Newfleet High Yield A PHCHX
- NAV / 1-Day Return 3.81 / +0.32 %
- Total Assets 53.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.950%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.99%
- Effective Duration 3.06 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0
Morningstar’s Analysis PHCHX
Will PHCHX 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 11.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | 1.73 | 948,798 | Corporate |
Us Dollar | 1.46 | 800,924 | Cash and Equivalents |
Carnival Corporation 7.625% | 1.14 | 622,232 | Corporate |
Nationstar Mortgage LLC 5.75% | 1.11 | 608,752 | Corporate |
FMG Resources (August 2006) Pty Ltd. 5.875% | 1.09 | 595,178 | Corporate |
Enbridge Inc. 8.5% | 1.08 | 592,162 | Corporate |
Altice Financing S.A. 5% | 1.04 | 572,016 | Corporate |
CITGO Petroleum Corporation 7% | 1.04 | 569,289 | Corporate |
NatWest Group PLC 6.475% | 1.03 | 564,151 | Corporate |
Graham Packaging Company Inc 7.125% | 1.03 | 562,150 | Corporate |