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.
Will PSFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PSFRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PSFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PSFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.