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Morningstar

Virtus Newfleet Multi-Sect Intrmdt Bd R6 VMFRX

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub
  • NAV / 1-Day Return 9.04  /  −0.09 %
  • Total Assets 547.6 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2.5 Mil
  • Status Open
  • TTM Yield 5.55%
  • Effective Duration 4.03 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0

Morningstar’s Analysis VMFRX

Will VMFRX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VMFRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VMFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Virtus Newfleet Multi-Sect Intrmdt Bd R6's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMFRX

More VMFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4%

2.95 14.2 Mil
Government

Dreyfus Government Cash Mgmt Instl

2.27 10.9 Mil
Cash and Equivalents

Us Dollar

2.25 10.8 Mil
Cash and Equivalents

United States Treasury Notes 1.875%

1.65 7.9 Mil
Government

United States Treasury Bonds 3.625%

0.97 4.6 Mil
Government

Federal National Mortgage Association 6%

0.95 4.6 Mil
Securitized

United States Treasury Notes 3.375%

0.95 4.6 Mil
Government

Federal Home Loan Mortgage Corp. 6%

0.82 4.0 Mil
Securitized

ANGEL OAK MORTGAGE TRUST 2022-5 4.5%

0.70 3.3 Mil
Securitized

ANGEL OAK MORTGAGE TRUST 2023-1 4.75%

0.58 2.8 Mil
Securitized