Virtus Newfleet Multi-Sector Short Term Bond Fund Class I (PIMSX)
| Fund Assets | 4.62B |
| Expense Ratio | 0.65% |
| Min. Investment | $100,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 4.89% |
| Dividend Growth | 4.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 4.570 |
| YTD Return | 1.74% |
| 1-Year Return | 3.89% |
| 5-Year Return | 11.87% |
| 52-Week Low | 4.490 |
| 52-Week High | 4.580 |
| Beta (5Y) | n/a |
| Holdings | 891 |
| Inception Date | Jun 6, 2008 |
About PIMSX
Virtus Newfleet Multi-Sector Short Term Bond Fund Class I is an actively managed mutual fund focused on generating current income within a low-volatility, short-duration framework. The strategy employs a diversified, multi-sector approach across the fixed income universe—rotating among up to 14 segments, including U.S. investment-grade corporates, asset-backed and mortgage-backed securities, high yield, bank loans, and selected international and Yankee bonds—to capitalize on relative value while managing credit and interest rate risks. The adviser emphasizes bottom-up security selection supported by extensive fundamental credit research and disciplined risk controls, targeting a short effective duration to help temper sensitivity to rate changes. The fund is positioned within the short-term bond category and is designed to provide broad fixed income exposure with flexibility to adjust sector weights as market conditions evolve. Managed by an experienced team at Newfleet Asset Management, the portfolio seeks diversified income streams and prudent risk management, reflecting a long history in multi-sector fixed income investing.
Performance
PIMSX had a total return of 3.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.63%.
Top 10 Holdings
11.53% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 1.625% | n/a | 2.21% |
| United States Treasury Notes 3.875% | T.3.875 05.31.27 | 1.64% |
| United States Treasury Notes 4.625% | T.4.625 06.30.26 | 1.63% |
| United States Treasury Notes 4.375% | T.4.375 08.15.26 | 1.33% |
| United States Treasury Notes 2.75% | T.2.75 05.31.29 | 1.13% |
| Us Dollar | n/a | 1.05% |
| Federal National Mortgage Association 6% | FN.MA5139 | 0.83% |
| Federal Home Loan Mortgage Corp. 6% | n/a | 0.66% |
| Federal National Mortgage Association 5.5% | FN.MA5072 | 0.56% |
| Virtus Newfleet ABS/MBS ETF | VABS | 0.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.01774 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01769 | Jun 30, 2025 |
| May 30, 2025 | $0.01891 | May 30, 2025 |
| Apr 30, 2025 | $0.0184 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01721 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01874 | Feb 28, 2025 |