Virtus Newfleet Multi-Sector Short Term Bond Fund Class C is an actively managed open‑end mutual fund focused on generating current income while maintaining a low overall duration profile. The strategy applies a flexible, multi‑sector approach, rotating across numerous fixed income segments—including U.S. Treasuries, investment‑grade corporates, securitized assets, and select non‑U.S. exposures—to identify undervalued opportunities and manage risk. The portfolio emphasizes higher‑quality, more liquid bonds and targets short interest‑rate sensitivity, aligning with the short‑term bond category’s mandate. Notable characteristics include broad diversification, a large number of holdings, and meaningful allocations to government and agency mortgage‑backed securities alongside corporate credit. The fund seeks to balance income generation with limited net asset value volatility, supported by an effective duration around two years and a history of multi‑sector execution by the Newfleet team. It distributes income monthly and has a long operating history, with assets in the multi‑billion‑dollar range, underscoring its established presence in short‑duration fixed income markets.
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