Virtus Managed Account Completion Shares (MACS) Trust - Virtus Newfleet RMBS MACS (VMAJX)
| Fund Assets | 32.99M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 8.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.20 |
| YTD Return | 0.59% |
| 1-Year Return | 2.72% |
| 5-Year Return | n/a |
| 52-Week Low | 9.92 |
| 52-Week High | 10.21 |
| Beta (5Y) | n/a |
| Holdings | 90 |
| Inception Date | n/a |
About VMAJX
Virtus Solutions SMA Trust – Newfleet Residential Mortgage Backed Securities Completion Fund is a mutual fund designed to provide investors with specialized exposure to the U.S. residential mortgage-backed securities market. The fund's primary function is to invest in a broad portfolio of mortgage-backed securities (MBS), focusing on residential real estate loans that have been securitized and sold into the secondary market. Notable features include a diverse mix of over 100 holdings, with significant allocations to trusts such as HOMES, Towd Point Mortgage Trust, and Ajax Mortgage Loan Trust, reflecting its focus on both traditional and non-qualified residential mortgages. This asset is managed using active strategies that seek to navigate the nuances and risks of the MBS sector, including interest rate risk, prepayment risk, and credit risk. In the broader financial market, the fund plays a key role for institutional and individual portfolios seeking targeted exposure to residential credit markets, diversification from corporate or government bonds, and a potential income stream tied to mortgage repayments.
Performance
VMAJX had a total return of 2.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.06%.
Top 10 Holdings
27.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Towd Point Mortgage Trust 2021-1 | TPMT.2021-1 A2 | 3.41% |
| HOMES Trust - HOMES 2023-NQM2 Trust | HOMES.2023-NQM2 A1 | 3.05% |
| Imperial Fund LLC - Imperial Fund Mortgage Trust 2022-NQM3 | IMPRL.2022-NQM3 A1 | 2.95% |
| MFRA Trust - MFA 2022-INV2 Trust | MFRA.2022-INV2 A1 | 2.85% |
| Towd Point Mortgage Trust 2018-6 | TPMT.2018-6 A2 | 2.73% |
| Towd Point Mortgage Trust 2020-MH1 | TPMT.2020-MH1 A2 | 2.66% |
| Tricon American Homes 2020-SFR2 Trust | n/a | 2.59% |
| Ajax Mortgage Loan Trust 2019-D | AJAXM.2019-D A1 | 2.55% |
| METLIFE SECURITIZATION TRUST | MST.2017-1A M1 | 2.52% |
| A&D Mortgage Trust 2023-NQM3 | n/a | 2.33% |