Symbols

SDCP

Virtus Newfleet Short Duration Core Plus Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

12.92MUSD

Fund Flows (1Y)

1.95MUSD

Dividend Yield

5.28%

Discount/Premium to NAV

-0.08%

Shares Outstanding

500.00K

Expense Ratio

0.35%

About Virtus Newfleet Short Duration Core Plus Bond ETF

Issuer

Virtus Investment Advisers, LLC

Brand

Virtus

Home Page

https://www.virtus.com/products/virtus-newfleet-short-duration-core-plus-bond-etf#shareclass.1029/period.quarterly

Inception Date

Nov 15, 2023

Structure

Open-Ended Fund

Index Tracked

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

SDCP aims for total return while attempting to stabilize its NAV. The fund's approach is rooted in a methodology that includes active sector rotation, thorough credit research, and disciplined risk management. The process results in an emphasis on low volatility and a short overall duration, typically within the 1 to 3-year range. The strategy aims to capitalize on opportunities across undervalued areas of the fixed income markets. The portfolio includes various fixed-income instruments such as US corporate bonds, US government securities, mortgage-backed securities (MBS), asset-backed securities (ABS), and bonds issued by foreign entities. While the majority of investments are expected to be of investment-grade quality, the fund may allocate up to 20% of its net assets to junk bonds.