Virtus Newfleet Short Duration High Income is on solid footing after navigating through an unexpected 2022 subadvisor change, particularly after welcoming an influx of leveraged finance researchers the following year.
Virtus Newfleet Short Dur H Inc Instl ASHIX
- NAV / 1-Day Return 13.77 / 0.00
- Total Assets 590.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 7.02%
- Effective Duration 1.96 years
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:00 AM GMT+0
Morningstar’s Analysis ASHIX
Will ASHIX 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 15.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Shift4 Payments Llc / Shift4 Payments Finance Subordinated Incorporated 4.6 | 2.07 | 11.8 Mil | Corporate |
Fly Leasing Limited 7% | 1.93 | 11.0 Mil | Corporate |
Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | 1.86 | 10.6 Mil | Corporate |
LSB Industries Inc 6.25% | 1.74 | 9.9 Mil | Corporate |
Apx Group Inc Term Loan B | 1.72 | 9.8 Mil | Corporate |
SLM Corporation 4.2% | 1.53 | 8.7 Mil | Corporate |
Asurion Term Loan B8 | 1.36 | 7.7 Mil | Corporate |
Energizer Holdings Inc 6.5% | 1.32 | 7.5 Mil | Corporate |
Medline Borrower LP 5.25% | 1.32 | 7.5 Mil | Corporate |
Connect Finco SARL/Connect US Finco LLC 6.75% | 1.30 | 7.4 Mil | Corporate |