Key stats
About Virtus Newfleet Multi-Sector Bond ETF
Home page
Inception date
Aug 11, 2015
Structure
Open-Ended Fund
Replication method
Physical
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
US26923G7079
NFLT offers investors another go anywhere, invest in anything bond ETF option. The fund's managers can invest anywhere in the world, across all sectors and currencies, and can dial in credit risk (investment grade vs. high yield) as they see fit. While the managers can use short positions in Treasurys to hedge US interest rate risk, they have no mandate to maintain a particular duration range. Investors here should have strong conviction in the managers.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Securitized
Government
Stock breakdown by region
Top 10 holdings
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.
NFLT assets under management is 313.75 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.
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.
NFLT invests in bonds. See more details in our Analysis section.
NFLT expense ratio is 0.50%. 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, NFLT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, NFLT pays dividends to its holders with the dividend yield of 5.59%.
NFLT shares are issued by Virtus Investment Partners, Inc.
NFLT 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 Aug 11, 2015.
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.