Virtus Newfleet ABS MACS (VMADX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.86
0.00 (0.00%)
At close: Jul 8, 2026
Fund Assets32.27M
Expense Ration/a
Min. Investment$0.00
Turnover14.00%
Dividend (ttm)0.17
Dividend Yield1.73%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2026
Previous Close9.86
YTD Returnn/a
1-Year Returnn/a
5-Year Returnn/a
52-Week Low9.85
52-Week High9.91
Beta (5Y)n/a
Holdings93
Inception Daten/a

About VMADX

Virtus Solutions SMA Trust – Newfleet Asset-Backed Securities Completion Fund is an open‑end mutual fund focused on securitized credit within the U.S. fixed income market. The fund’s primary objective is long‑term total return with a relatively high level of income, pursued by investing predominantly in investment‑grade tranches of asset‑backed securities and instruments with similar economic characteristics under normal market conditions. It targets diversified ABS sectors such as autos, consumer receivables, marketplace lending, timeshare, and whole‑business securitizations, complemented by active security selection across deal structures and vintages. Managed by Newfleet Asset Management, the strategy applies sector rotation and disciplined risk management, emphasizing credit analysis, structure, and collateral performance to identify relative value. With a portfolio spanning over a hundred holdings, it aims to provide completion exposure within securitized credit—filling gaps relative to broad core bond allocations—while maintaining an intermediate interest rate profile typical of ABS mandates. The fund serves investors seeking a specialized slice of investment‑grade structured credit as part of a broader fixed income allocation.

Fund Family Virtus
Category Miscellaneous Fixed Income
Stock Exchange NASDAQ
Ticker Symbol VMADX

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2026$0.04137Jun 30, 2026
May 29, 2026$0.04378May 29, 2026
Apr 30, 2026$0.0423Apr 30, 2026
Mar 31, 2026$0.04315Mar 31, 2026
Full Dividend History