Virtus Newfleet Senior Floating Rate benefits from experienced leadership, but lean supporting resources and a liquidity approach 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.
- NAV / 1-Day Return 8.69 / 0.14 %
- Total Assets 194.1 Mil
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Adj. Expense Ratio
- Expense Ratio 0.790%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low / Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 5.05%
- Effective Duration 0.15 years
Morningstar’s Analysis PSFIX
Will PSFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.