Virtus Newfleet ABS MACS (VMADX)
| Fund Assets | 32.59M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.87% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.86 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.86 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 99 |
| Inception Date | n/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.
Top 10 Holdings
24.11% of assets| Name | Symbol | Weight |
|---|---|---|
| American Credit Acceptance Receivables Trust 2025-1 | ACAR.2025-1 C | 2.70% |
| Veros Auto Receivables Trust 2025-1 | VEROS.2025-1 B | 2.63% |
| Taco Bell Funding, LLC - Taco Bell Funding LLC | BELL.2025-1A A2I | 2.60% |
| Carvana Auto Receivables Trust 2023-N4 | CRVNA.2023-N4 C | 2.50% |
| Affirm Master Trust Series 2025-3 | AFRMT.2025-3A A | 2.37% |
| ACM Auto Trust 2025-3 | ACMAT.2025-3A A | 2.35% |
| TSC SPV FUNDING, LLC - TSC SPV Funding LLC | TROP.2024-1A A2 | 2.33% |
| USQ Rail III LLC | STEAM.2024-1A A | 2.24% |
| LAD Auto Receivables Trust 2021-1 | LADAR.2021-1A D | 2.21% |
| Oasis Securitisation - Libra Solutions 2024-1 LLC | OASIS.2024-1A A | 2.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.0423 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04315 | Mar 31, 2026 |