Virtus Newfleet Multi-Sector Short Term Bond Fund Class C1 (PMSTX)
| Fund Assets | 4.71B |
| Expense Ratio | 1.66% |
| Min. Investment | $2,500 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 3.68% |
| Dividend Growth | -6.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 4.660 |
| YTD Return | 0.73% |
| 1-Year Return | 5.61% |
| 5-Year Return | 10.11% |
| 52-Week Low | 4.400 |
| 52-Week High | 4.660 |
| Beta (5Y) | n/a |
| Holdings | 877 |
| Inception Date | Jun 2, 2003 |
About PMSTX
Virtus Newfleet Multi-Sector Short Term Bond Fund Class C1 is an open-end mutual fund focused on short-duration fixed income. Its primary objective is to generate current income while limiting sensitivity to interest rate changes through an actively managed, diversified portfolio with an average maturity around the short-term range. The strategy employs a flexible, multi-sector approach that rotates across numerous bond segments—including investment-grade corporates, securitized credit, and selective global exposures—to identify undervalued opportunities backed by bottom-up credit research and disciplined risk management. The fund is led by a veteran portfolio manager with a multi-decade tenure, reflecting the strategy’s long track record within short-term, core-plus style bond investing. As part of its mandate, the portfolio maintains a broad allocation primarily to bonds and emphasizes liquidity and quality while seeking incremental income over government benchmarks, consistent with its category profile in short-term bond funds. This role positions the fund as a diversified, short-duration credit solution designed to balance income generation with measured interest rate and credit risk.
Performance
PMSTX had a total return of 5.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.40%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0136 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01491 | Dec 31, 2025 |
| Nov 28, 2025 | $0.013 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0155 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01359 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01453 | Aug 29, 2025 |