Virtus Newfleet ABS/MBS ETFVirtus Newfleet ABS/MBS ETFVirtus Newfleet ABS/MBS ETF

Virtus Newfleet ABS/MBS ETF

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Key stats


Assets under management (AUM)
‪83.57 M‬USD
Fund flows (1Y)
‪73.19 M‬USD
Dividend yield (indicated)
5.42%
Discount/Premium to NAV
0.04%
Shares outstanding
‪3.40 M‬
Expense ratio
0.39%

About Virtus Newfleet ABS/MBS ETF


Brand
Virtus
Home page
Inception date
Feb 9, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Advisers LLC
Distributor
VP Distributors LLC
ISIN
US92790A6038
VABS is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. The Sub-Advisers selection process utilizes a relative value, sector rotation approach, which targets the ABS and MBS sectors of the fixed income market. The adviser then identifies appropriate securities within these two sectors by reviewing the underlying asset of the potential investment, assessing the loan originator and management team of the issuer, and analyzing the deal structure and cash flow priorities. Pre-issuance pricing discussions are also analyzed for newly issued ABS and MBS. Ultimately, this strategy aims to offer relatively high income based on the Sub-Advisers risk-reward analysis. The fund mainly invests in investment grade tranches of ABS and MBS, with no limitation regarding maturity. Derivatives may also be used as a hedging tool.

Broaden your horizons with more funds linked to VABS via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, asset-backed
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VABS trades at 24.63 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on VABS price chart.
VABS net asset value is 24.62 today — it's risen 0.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
VABS assets under management is ‪83.57 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
VABS price has risen by 0.22% over the last month, and its yearly performance shows a 0.98% increase. See more dynamics on VABS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.92% over the last month, showed a 2.59% increase in three-month performance and has increased by 6.69% in a year.
VABS fund flows account for ‪73.19 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VABS invests in bonds. See more details in our Analysis section.
VABS expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VABS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, VABS technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VABS shows the strong buy signal. See more of VABS technicals for a more comprehensive analysis.
Yes, VABS pays dividends to its holders with the dividend yield of 5.42%.
VABS trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
VABS shares are issued by Virtus Investment Partners, Inc.
VABS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 9, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.