Virtus Newfleet Multi-Sector S/T Bd C1 (PMSTX)
| Fund Assets | 4.62B |
| Expense Ratio | 1.66% |
| Min. Investment | $2,500 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 3.86% |
| Dividend Growth | 5.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 4.620 |
| YTD Return | 1.78% |
| 1-Year Return | 2.66% |
| 5-Year Return | 6.76% |
| 52-Week Low | 4.540 |
| 52-Week High | 4.630 |
| Beta (5Y) | n/a |
| Holdings | 891 |
| 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 2.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.81%.
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 | $0.01399 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01407 | Jun 30, 2025 |
| May 30, 2025 | $0.01492 | May 30, 2025 |
| Apr 30, 2025 | $0.01466 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01358 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01524 | Feb 28, 2025 |