VABS - Virtus Newfleet ABS/MBS ETF
Stock Price: $24.99 USD
-0.01 (-0.02%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
| Assets | $6.25M |
| NAV | $24.99 |
| Expense Ratio | 0.39% |
| PE Ratio | n/a |
| Beta (5Y) | n/a |
| Dividend (ttm) | $0.04 |
| Dividend Yield | 0.18% |
| Ex-Dividend Date | Mar 22, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $24.99 |
| Previous Close | $25.00 |
| Change ($) | -0.01 |
| Change (%) | -0.02% |
| Day's Open | 25.02 |
| Day's Range | 24.99 - 25.02 |
| Day's Volume | 105 |
| 52-Week Range | 24.93 - 25.05 |
Fund Description
The investment seeks income. The fund's sub-adviser, seeks to achieve its investment objective by investing in asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial MBS and residential MBS. 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 investment grade tranches of ABS and MBS, and in derivatives and other instruments that have economic characteristics similar to such investments.
| Asset Class Fixed Income | Inception Date Feb 9, 2021 |
| Exchange NYSEARCA | Ticker Symbol VABS |
Top 10 Holdings
24.96% of assets| Name | Symbol | Weight |
|---|---|---|
| BPR TRUST 2021-KEN 1.37% | n/a | 3.21% |
| COLT MORTGAGE LOAN TRUST 1.25% | n/a | 3.02% |
| New Residential Mortgage Loan Trust 2020-1 3.5% | n/a | 2.83% |
| Progress Residential 2019-Sfr2 Trust 3.15% | n/a | 2.46% |
| Metlife Sec Trust 3.75% | n/a | 2.43% |
| ELLINGTON FINANCIAL MORTGAGE TRUST 1% | n/a | 2.33% |
| COLT MORTGAGE LOAN TRUST 0.8% | n/a | 2.30% |
| Exeter Automobile Receivables Trust 5.28% | n/a | 2.16% |
| JERSEY MIKES FUNDING LLC 4.43% | n/a | 2.15% |
| TRICON AMERICAN HOMES TRUST 1.83% | n/a | 2.07% |
News
On Wednesday, Newfleet Asset Management and Virtus ETF Solutions, both affiliates of Virtus Investment Partners, Inc. (NASDAQ: VRTS), introduced the Virtus Newfleet ABS/MBS ETF (NYSE: VABS), the third V...