Morningstar

Virtus Newfleet ABS/MBS ETF VABS

Morningstar Medalist Rating
Medalist Rating as of | See Virtus Investment Hub

Morningstar’s Analysis VABS

Will VABS 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 VABS’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VABS 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 VABS’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Virtus Newfleet ABS/ MBS ETF 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 second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VABS

More VABS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Avis Budget Rental Car Funding AESOP LLC 3.34%

3.01 332,680
Securitized

TRICOLOR AUTO SECURITIZATION TRUST 2024-2 6.93%

3.00 332,269
Securitized

MERCURY FINANCIAL CREDIT CARD MASTER TRUST 8.04%

2.86 316,608
Securitized

HOTWIRE FUNDING LLC 4.459%

2.76 304,918
Securitized

PROGRESS RESIDENTIAL TRUST 1.555%

2.68 296,401
Securitized

NBC FUNDING LLC 2.989%

2.55 282,648
Securitized

Adams Outdoor Advertising LP 6.967%

2.50 277,067
Securitized

UNITED AUTO CREDIT SECURITIZATION TRUST 2024-1 7.06%

2.44 270,329
Securitized

Alaska Airlines Pass Through Trust 2020-1A 4.8%

2.30 254,190
Securitized

VERUS SECURITIZATION TRUST 2023-8 6.25912%

2.28 252,005
Securitized

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