The Virtus Spectrum of Solutions
Virtus offers 20 fixed income mutual funds, three fixed income ETFs, and four wrap portfolios for investors. Click on the interactive chart below to view our range of solutions, plotted by credit quality and duration.
As of 12/31/2019.
|Product Name||AAA/Aaa||AA/Aa||A/A||BBB/Baa||BB/Ba||B/B||CCC/Caa||Below CCC||Not
|Cash||30-daySEC Yield||30-day SEC Yield(Unsubsidized)|
|Virtus Seix U.S. Government Securities Ultra-Short Bond Fund||94.40||3.18||0.00||0.00||0.00||0.00||0.00||0.00||0.00||2.41||1.90||1.77|
|Virtus Seix Ultra-Short Bond Fund||49.33||18.43||21.66||7.30||0.00||0.00||0.00||0.00||0.00||3.28||1.85||1.58|
|Virtus Seix Floating Rate High Income Fund||0.00||0.00||0.00||6.16||35.76||47.20||5.33||0.28||1.62||3.65||3.79||3.73|
|Virtus Newfleet Senior Floating Rate Fund||0.68||0.00||0.00||11.77||36.08||45.89||3.27||0.00||2.30||0.00||4.38||4.35|
|Virtus Newfleet Dynamic Credit ETF||21.83||0.00||0.00||4.29||34.52||30.06||8.63||0.41||0.24||0.00||4.56||2.70|
|Virtus Seix Short-Term Bond Fund||86.51||2.27||7.49||3.31||0.00||0.00||0.00||0.00||0.00||0.42||1.22||0.12|
|Virtus Newfleet Low Duration Core Plus Bond Fund||44.62||9.84||19.64||19.16||3.30||0.28||0.06||0.00||3.12||0.00||2.54||2.37|
|Virtus Newfleet Multi-Sector Short Term Bond Fund||30.84||8.75||17.10||24.33||7.97||6.70||0.28||0.06||3.97||0.00||2.73||0.00|
|Virtus Seix Short-Term Municipal Bond Fund||39.06||21.84||24.35||4.30||0.00||0.00||0.00||0.00||0.00||10.45||0.73||0.00|
|Virtus Seix High Yield Fund||0.00||0.00||0.00||12.51||48.53||34.93||0.29||0.06||0.26||3.43||3.33||3.19|
|Virtus Seix High Income Fund||0.00||0.00||0.00||12.56||41.31||37.75||7.27||0.06||0.28||0.77||4.16||3.93|
|Virtus Newfleet High Yield Fund||4.14||0.00||0.98||5.81||37.55||35.31||15.03||0.33||0.85||0.00||6.29||5.90|
|Virtus Seix U.S. Mortgage Fund||97.63||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00||2.37||2.12||1.64|
|Virtus Newfleet Multi-Sector Intermediate Bond Fund||15.07||5.80||7.42||29.81||16.07||18.20||4.62||0.16||2.86||0.00||4.08||3.97|
|Virtus Newfleet Multi-Sector Bond ETF||19.00||5.69||8.63||30.63||15.47||13.50||5.78||0.20||1.09||0.00||4.07||3.46|
|Virtus Newfleet Core Plus Bond Fund||36.28||6.62||13.87||29.42||7.80||2.97||0.10||0.00||2.93||0.00||2.76||2.52|
|Virtus Seix Investment Grade Tax-Exempt Bond Fund||35.95||49.34||3.10||0.00||0.00||0.00||0.00||0.00||1.70||9.91||0.94||0.72|
|Virtus Newfleet Tax-Exempt Bond Fund||14.54||37.50||32.00||10.12||0.86||0.00||0.00||0.00||4.98||0.00||1.23||1.05|
|Virtus Seix Core Bond Fund||81.65||4.17||6.39||7.30||0.00||0.00||0.00||0.00||0.00||0.49||1.93||1.74|
|Virtus Seix Total Return Bond Fund||81.30||4.14||6.43||7.46||0.00||0.00||0.00||0.00||0.00||0.68||1.98||1.88|
|Virtus Seix High Grade Municipal Bond Fund||37.05||44.43||2.21||3.22||0.00||0.00||0.00||0.00||0.00||13.09||1.11||0.87|
|Virtus Seix Corporate Bond Fund||0.00||4.98||56.40||38.03||0.00||0.00||0.00||0.00||0.27||0.33||2.21||2.10|
|Seix Core Bond Wrap||79.64||1.37||8.25||8.68||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00|
|Seix Enhanced Bond Wrap||82.23||1.27||8.02||7.01||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00|
|Seix High Yield Bond Wrap||0.00||0.00||0.00||18.25||53.74||26.74||0.78||0.00||0.00||0.00||0.00||0.00|
|Seix Intermediate Bond Wrap||84.39||1.40||5.00||7.25||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00|
Two managers. One-point access
Newfleet Asset Management is a long-tenured team of value investors in fixed income. As pioneers in full spectrum multi-sector fixed income investing, Newfleet has steered its flagship portfolio since 1992. That experience is reflected in the firm’s dedicated sector strategies, which include high yield bonds, bank loans, emerging markets debt, and municipal securities. While the multi-sector strategies reflect the team’s best ideas, given the investment guidelines of each portfolio, the individual strategies express each sector strategist’s views in their purest form.
Began managing multi-sector portfolios in 1992
33 investment professionals with 18 years of average experience
$10.3 billion in AUM1
5 Lipper Fund Awards2
Seix Investment Advisors has focused exclusively on managing fixed income assets since 1992. Seix seeks to generate competitive absolute, relative and risk-adjusted returns over the full market cycle through a bottom-up focused, top-down aware process. Seix employs multi-dimensional approaches based on strict portfolio construction methodology, sell disciplines, and trading strategies with prudent risk management as a cornerstone.
Founded in 1992 as an institutional fixed income boutique
42 investment professionals with 25 years of average experience
$20.8 billion in AUM1
7 Lipper Fund Awards2
1As of 12/31/19.
The ratings issued by Nationally Recognized Statistical Rating Organizations assess the credit worthiness of a corporation’s or government’s debt issues. The ratings apply to the fund’s holdings and not the fund itself. Newfleet: The higher of the ratings between Moody’s, Standard & Poor’s, and Fitch is used. If one of the three agencies does not have a rating, the higher of the other two ratings is used. If only one agency has rated the bond, the rating from that agency is used. If none of the three agencies have rated the bond, the bond is placed in the Not Rated category. Credit ratings are subject to change. Aaa, Aa, A, and Baa are investment grade ratings; Ba, B, Caa, Ca, C, and D are below-investment grade ratings. Seix: Standard & Poor’s, Moody’s, and Fitch ratings are used. If all three agencies have rated the security, then the median rating based on numerical equivalents is used. If only two agencies have rated the security, then the lower of the two ratings is used. If only one agency has rated the security, the rating from that agency is used. Credit ratings are subject to change. AAA, AA, A, and BBB are investment grade ratings; BB, B, CCC, CC, C, and D are below-investment grade ratings.
Investing involves risk including loss of principle. Some general risks associated with fixed income investing include the following. For more detailed information, please click on the links provided. Credit & Interest: Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a debt security may fail to make interest and/or principal payments. Values of debt securities may rise or fall in response to changes in interest rates, and this risk may be enhanced with longer-term maturities. High Yield-High Risk Fixed Income Securities: There is a greater level of credit risk and price volatility involved with high yield securities than investment grade securities. Bank Loans: Loans may be unsecured or not fully collateralized, may be subject to restrictions on resale and/or trade infrequently on the secondary market. Loans can carry significant credit and call risk, can be difficult to value, and have longer settlement times than other investments, which can make loans relatively illiquid at times. ABS/MBS: Changes in interest rates can cause both extension and prepayment risks for asset- and mortgage-backed securities. These securities are also subject to risks associated with the repayment of underlying collateral. Foreign & Emerging Markets: Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk.
2Annual Lipper Fund Awards: Newfleet—The Virtus Newfleet Multi-Sector Short Term Bond Fund was the Lipper Fund Awards winner for the ten-year period in the Short-Intermediate Investment-Grade Debt category. 32 Short-Intermediate Investment Grade Debt Funds were eligible for the 10-year period. Seix—The Virtus Seix Short-Term Municipal Bond Fund was the Lipper Fund Awards winner for the ten-year period in the Short Municipal Debt category. 24 Short Municipal Debt Funds were eligible for the 10-year period. The Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2, and the lowest 20% are scored 1. For Lipper Best Individual Funds, the highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner for each time period. For a detailed explanation, please review the Lipper Leaders methodology document at www. lipperfundawards.com. Lipper, Inc. is a nationally recognized organization that ranks the performance of mutual funds. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper Category Classifications © 2019 Lipper. All rights reserved.
Please carefully consider a Fund’s investment objectives, risks, charges, and expenses before investing. For this and other information about any Virtus mutual fund, contact your financial representative, call 1-800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.
Not all products or marketing materials are available at all firms.
Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.
© 2020 Virtus Investment Partners, Inc.