The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VRSFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VRSFX 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 VRSFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Liquidity matters with loans.
Max Curtin
Analyst
Summary
Virtus Newfleet Senior Floating Rate stands to benefit from a recent influx of research resources, but the team’s approach to managing asset flows provides pause.