NFLT:ARCA-Virtus Newfleet Multi-Sector Unconstrained Bond (USD)

ETF | Multisector Bond | NYSE Arca

Last Closing

USD 22.82

Change

0.00 (0.00)%

Market Cap

USD 0.12B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide a high level of current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its total assets in bonds. The Sub-Adviser seeks to select securities using a sector rotation approach and seeks to adjust the proportion of fund investments in various sectors and sub-sectors in an effort to obtain higher relative returns.

Inception Date: 10/08/2015

Primary Benchmark: BBgBarc US Agg Bond TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.99%

Management Expense Ratio: 0.80 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-31 )

Largest Industry Peers for Multisector Bond

Symbol Name Mer Price(Change) Market Cap
DIAL Columbia Diversified Fixed Inc.. 0.24 %

+0.05 (+0.27%)

USD 0.37B
FISR SPDR® SSGA Fixed Income Secto.. 0.00 %

+0.09 (+0.34%)

USD 0.34B

ETFs Containing NFLT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Multisector Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.79% 100% F 39% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.79% 100% F 39% F
Trailing 12 Months  
Capital Gain 4.01% 67% D+ 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.01% 67% D+ 40% F
Trailing 5 Years  
Capital Gain -7.08% 100% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -7.08% 100% F 43% F
Average Annual (5 Year Horizon)  
Capital Gain -1.90% N/A N/A 28% F
Dividend Return 1.21% N/A N/A 33% F
Total Return 3.11% N/A N/A 61% D-
Risk Return Profile  
Volatility (Standard Deviation) 7.01% N/A N/A 85% B
Risk Adjusted Return 17.24% N/A N/A 38% F
Market Capitalization 0.12B 33% F 31% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.