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 Westchester Credit Event Fd A WCFRX
- NAV / 1-Day Return 11.46 / +0.09 %
- Total Assets 78.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.860%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 4.08%
- Effective Duration —
USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 12:07 AM GMT+0
Morningstar’s Analysis WCFRX
Will WCFRX 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 36.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Splunk Inc 1.125% | 6.32 | 4.7 Mil | Corporate |
Michael Kors (USA) Inc 4.25% | 5.12 | 3.8 Mil | Corporate |
California Resources Corporation 7.125% | 4.69 | 3.5 Mil | Corporate |
SEG Holding LLC / SEG Finance Corp. 5.625% | 3.90 | 2.9 Mil | Corporate |
Calumet Specialty Products Partners LP / Calumet Finance Corp 11% | 3.65 | 2.7 Mil | Corporate |
PGT Innovations Inc 4.375% | 3.29 | 2.4 Mil | Corporate |
Textainer Group Holdings Limited | 3.14 | 2.3 Mil | Corporate |
Usd/Eur Fwd 20240116 00187 | 3.11 | 2.3 Mil | Derivative |
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp 7.5% | 3.02 | 2.2 Mil | Corporate |
NFP Corp. 6.875% | 2.93 | 2.2 Mil | Corporate |