PXCZX : Virtus Newfleet Tax-Exempt Bond Fund Class C

PXCZX is a Bond Market Municipal Bond with HIGH fees.

PXCZX

Virtus Newfleet Tax-Exempt Bond Fund Class C

FI Score

19 /100

Expense Ratio Rating

1 /10

Expense Rating

0 /10

Market Score

2 /10

Category Score

8 /10

Market Size

2 /10

19% FI Score
  • pxczx
  • Mutual Fund
  • Bond
  • Municipal Bond

Virtus Newfleet Tax-Exempt Bond Fund Class C

Expenses: 1.60% (Better than 0% of similar funds)

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

Fund Summary

The investment seeks a high level of current income that is exempt from federal income tax. The fund seeks to generate current income exempt from federal income taxes by investing in a diversified portfolio with municipal bonds of varying maturities. The management team focuses on higher quality tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure. Under normal circumstances, as a matter of fundamental policy, it invests at least 80% of its assets in municipal bonds, the income from which is exempt from federal income taxes.

Largest Holdings

Amount Holding
4.22% FLORIDA ST 5%
4.07% METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5%
2.63% NEW JERSEY ECONOMIC DEV AUTH REV 5%
2.49% NORTH TEX TWY AUTH REV
2.21% PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.25%
2.16% PENNSYLVANIA ST TPK COMMN TPK REV 6.38%
2.13% TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 1.18%
1.91% SEMINOLE CNTY FLA SCH BRD CTFS PARTN 5%
1.70% INDIANA FIN AUTH HOSP REV 5%
1.63% MIAMI-DADE CNTY FLA SCH BRD CTFS PARTN 5%
1.61% KING CNTY WASH SWR REV 5%
1.58% PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.12%
1.43% NEW JERSEY ST HSG & MTG FIN AGY REV 4.38%
1.42% SALES TAX SECURITIZATION CORP ILL 5%
1.32% UNIVERSITY ILL UNIV REVS 5.5%
1.30% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
1.28% IDAHO HSG & FIN ASSN 4.5%
1.27% ILLINOIS ST 5%
1.27% UPPER TRINITY REGL WTR DIST TEX WTR REV 5%
1.26% TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25%
1.20% REGIONAL TRANSN DIST COLO SALES TAX REV 5%
1.18% MICHIGAN FIN AUTH REV 5%
1.12% NEW ALBANY OHIO CMNTY AUTH CMNTY FACS REV 5%
1.08% ILLINOIS ST 5%
1.08% OREGON ST 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo