NARAX : Virtus Newfleet Multi-Sector Short Term Bond Fund Class A

NARAX is a Bond Market High Yield Bond with HIGH fees.

NARAX

Virtus Newfleet Multi-Sector Short Term Bond Fund Class A

FI Score

47 /100

Expense Ratio Rating

5 /10

Expense Rating

0 /10

Market Score

9 /10

Category Score

0 /10

Market Size

9 /10

47% FI Score
  • narax
  • Mutual Fund
  • Bond
  • High Yield Bond

Virtus Newfleet Multi-Sector Short Term Bond Fund Class A

Expenses: 0.97% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income while the adviser attempts to limit changes in the fund's net asset value per share caused by interest rate changes. The fund seeks current income with an emphasis on maintaining low volatility and overall short duration by investing primarily in higher quality, more liquid securities across 14 bond market sectors. It invests at least 80% of its assets in bonds, which are fixed income debt obligations of various types of issuers. The fund invests in a diversified portfolio of primarily short-term fixed income securities having an expected dollar-weighted average maturity of three years or less.

Largest Holdings

Amount Holding
1.51% United States Treasury Notes 1.5%
1.37% iShares iBoxx $ High Yield Corp Bd ETF
0.52% Arroyo Mortgage Tst 3.76%
0.48% Hertz Vehicle Financing Llc 2.67%
0.45% Goldman Sachs Group, Inc. 4.25%
0.45% Citigroup Inc. 3.2%
0.45% Csmc 2019-Ice4 1.68%
0.44% Morgan Stanley 3.88%
0.42% Federal National Mortgage Association 4%
0.42% FAIR SQUARE ISSUANCE TRUST 2.9%
0.41% Jp Morgan Mtg Tr 2017-5 3.15%
0.39% VMware Inc 2.95%
0.39% 121 Financial Serv 3.3%
0.39% Goldman Sachs Group, Inc. 3.85%
0.37% Kinder Morgan, Inc. 5.62%
0.37% Hilton USA Trust 2013-HLT 3.32%
0.36% Industrial and Commercial Bank of China Limited, New York Branch 2.96%
0.35% Kabbage Asset Securitization 3.82%
0.35% CKE Restaurants, Inc. 4.25%
0.35% Federal National Mortgage Association 3%
0.35% Tencent Holdings Limited 3.28%
0.34% Office Properties Income Trust 4.15%
0.34% PRPM LLC 4.5%
0.33% NRG Energy, Inc. 3.75%
0.33% HOMEWARD OPPORTUNITIES FUND I TRUST 2.68%

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