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.
Virtus Newfleet Senior Floating Rate R6 VRSFX
- NAV / 1-Day Return 8.69 / −0.09 %
- Total Assets 184.5 Mil
-
Adj. Expense Ratio
0.550%
- Expense Ratio 0.650%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2.5 Mil
- Status Open
- TTM Yield 8.80%
- Effective Duration 0.11 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:43 AM GMT+0
Morningstar’s Analysis VRSFX
Will VRSFX 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 9.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us Dollar | 3.73 | 7.4 Mil | Cash and Equivalents |
Dreyfus Government Cash Mgmt Instl | 2.14 | 4.3 Mil | Cash and Equivalents |
Upfield Usa Corp Term Loan B7 | 1.01 | 2.0 Mil | Corporate |
Ukg Inc Term Loan B | 0.96 | 1.9 Mil | Corporate |
Transdigm Inc Term Loan J | 0.93 | 1.8 Mil | Corporate |
Medline Term Loan B | 0.92 | 1.8 Mil | Corporate |
Applied Systems Inc Term Loan B | 0.91 | 1.8 Mil | Corporate |
Ineos Us Finance Llc Term Loan B | 0.89 | 1.8 Mil | Corporate |
Csc Holdings Llc Term Loan B6 | 0.86 | 1.7 Mil | Corporate |
Peraton Term Loan B | 0.85 | 1.7 Mil | Corporate |
United States