NFLT:NYE-Virtus Newfleet Multi-Sector Bond ETF (USD)

ETF | Multisector Bond |

Last Closing

USD 23.06

Change

+0.09 (+0.39)%

Market Cap

USD 0.17B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-30 )

Largest Industry Peers for Multisector Bond

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

-0.11 (-0.59%)

USD 0.40B
FISR SPDR® SSGA Fixed Income Secto..

-0.06 (-0.23%)

USD 0.34B

ETFs Containing NFLT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Multisector Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.86% 83% B 36% F
Dividend Return 3.33% 83% B 60% D-
Total Return 6.19% 83% B 36% F
Trailing 12 Months  
Capital Gain 7.38% 17% F 31% F
Dividend Return 5.40% 83% B 68% D+
Total Return 12.78% 50% F 35% F
Trailing 5 Years  
Capital Gain -6.12% 83% B 37% F
Dividend Return 15.26% 83% B 54% F
Total Return 9.15% 83% B 36% F
Average Annual (5 Year Horizon)  
Capital Gain -1.82% N/A N/A 27% F
Dividend Return 1.33% N/A N/A 32% F
Total Return 3.16% N/A N/A 62% D
Risk Return Profile  
Volatility (Standard Deviation) 7.11% N/A N/A 85% B
Risk Adjusted Return 18.76% N/A N/A 37% F
Market Capitalization 0.17B 17% F 33% 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.