Virtus Newfleet Senior Floating Rate A (PSFRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.60
0.00 (0.00%)
Sep 8, 2025, 4:00 PM EDT
Fund Assets181.60M
Expense Ratio0.93%
Min. Investment$2,500
Turnover93.00%
Dividend (ttm)0.63
Dividend Yield7.11%
Dividend Growth-14.53%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close8.60
YTD Return-0.22%
1-Year Return2.45%
5-Year Return26.92%
52-Week Low8.41
52-Week High8.75
Beta (5Y)n/a
Holdings296
Inception DateJan 31, 2008

About PSFRX

Virtus Newfleet Senior Floating Rate Fund Class A is a mutual fund focused on generating attractive total return and income by primarily investing in senior-secured, non-investment grade bank loans. The fund targets an allocation of at least 80% of its net assets to senior loans, emphasizing positions in the upper tier of the non-investment grade spectrum. This strategy provides exposure to companies across diverse industries that utilize secured loans in their capital structures. By investing in floating rate instruments, the fund tends to offer lower interest rate sensitivity—evident in its short effective duration—helping to mitigate the impact of rate fluctuations. The fund pays dividends monthly, making it of particular interest for those seeking regular income. Its diversified portfolio often holds hundreds of individual loan positions, reducing single-issuer risk and providing access to the syndicated loan market, which serves as a vital source of capital for leveraged companies. Managed by Virtus and the Newfleet team, the fund is recognized within the bank loan mutual fund category for its disciplined, risk-managed approach to credit selection and valuation opportunities. The overall mandate places it as a relevant vehicle for investors seeking to participate in the floating rate loan sector.

Fund Family Virtus
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol PSFRX
Share Class Class A
Index Index is not available on Lipper Database

Performance

PSFRX had a total return of 2.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.75%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FFHCXFidelityFidelity Series Floating Rate Hi Incn/a

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
VRSFXClass R60.58%
PSFIXClass I0.68%
PFSRXClass C1.68%

Top 10 Holdings

8.69% of assets
NameSymbolWeight
ACRISURE LLCACRISU.L 06.21.32 281.14%
Asurion LLCASUCOR.L 07.30.27 211.00%
APPLIED SYSTEMS INCAPPSYS.L 02.24.31 130.97%
UKG INCULTI.L 02.10.31 90.92%
Invesco Senior Loan ETFBKLN0.88%
CSC Holdings LLCCSCHLD.L 01.18.28 110.83%
TRANSDIGM INCTDG.L 02.28.31 310.78%
Vertiv Group Corporation - VERTIV GROUP CORPVRT.L 03.02.27 90.74%
Garda World Security Corporation - GARDA WORLD SECURITYGWCN.L 02.01.29 100.72%
Grifols Worldwide Operations USA IncGRFSM.L 11.15.27 40.70%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.05347Aug 29, 2025
Jul 31, 2025$0.05024Jul 31, 2025
Jun 30, 2025$0.04632Jun 30, 2025
May 30, 2025$0.05088May 30, 2025
Apr 30, 2025$0.05206Apr 30, 2025
Mar 31, 2025$0.05181Mar 31, 2025
Full Dividend History