About VMFIX
Virtus Newfleet Multi-Sector Intermediate Bond Fund Class I is an actively managed mutual fund focused on generating high current income and total return from intermediate‑term fixed income securities. Managed by Newfleet Asset Management, the strategy employs a relative value, research‑driven approach that rotates across approximately 14 bond segments, including investment‑grade, below‑investment‑grade, and non‑U.S. debt, to identify undervalued sectors while applying strict risk controls. The portfolio is designed to be broadly diversified and generally duration‑neutral, with characteristics such as intermediate effective duration and a weighted average maturity consistent with its mandate. Security selection emphasizes bottom‑up fundamental analysis of credit quality, structure, valuation, and technical factors to balance income generation with prudent risk management. As an institutional share class, it targets investors seeking a core-plus style anchor within the multisector bond category, offering flexibility to allocate across corporates, securitized assets, Treasuries, and select emerging markets exposure when opportunities arise. The fund’s materials highlight its long history within multi‑sector fixed income investing and the continuity of its investment process.
Fund Family Virtus
Category Multisector Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol VMFIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
VMFIX had a total return of 1.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.64%.
