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Virtus Newfleet Senior Floating Rate Fund Class C (PFSRX)

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8.75 +0.01    +0.11%
25/11 - Delayed Data. Currency in USD
  • Morningstar Rating:
  • Total Assets: 4.85M
Type:  Fund
Market:  United States
Asset Class:  Other
Virtus Senior Floating Rate C 8.75 +0.01 +0.11%

PFSRX Overview

 
On this page you'll find an in-depth profile of Virtus Newfleet Senior Floating Rate Fund Class C. Learn about the key management, total assets, investment strategy and contact information of PFSRX among other information.
Category

Bank Loan

Total Assets

4.85M

Expenses

1.79%

Inception Date

39478

Investment Strategy

The investment seeks high total return from both current income and capital appreciation. The fund offers the potential for attractive total return and income by investing primarily in non-investment grade bank loans with a focus on higher quality companies within a rating tier. Under normal circumstances, it will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a portfolio of senior floating rate loans ("Senior Loans"). The fund may invest up to 15% of total assets in U.S. and non-U.S. dollar denominated foreign securities and foreign Senior Loans, including Yankee bonds.

Contact Information

Address Greenfield, MA, 01301
Greenfield,MA 01301
United States
Phone +1 8002431574

Top Executives

Name Title Since Until
Francesco Ossino Senior Managing Director 2012 Now
Biography Mr. Ossino is a senior managing director, senior portfolio manager, and sector head of the bank loan asset class at Newfleet. Before joining Newfleet in 2012, Mr. Ossino worked at Hartford Investment Management as a bank loan portfolio manager from 2004 to 2012, primarily focused on mutual fund portfolios and a commingled bank loan portfolio for institutional investors. He began his investment career in 1996. He received a BS in economics from Brandeis University and an MS in international economics and finance from Brandeis University and Luigi Bocconi University in Italy.
Kyle A. Jennings Portfolio Manager 2008 Now
Biography Kyle A. Jennings, CFA. Mr. Jennings is Portfolio Manager – Bank Loan Sector of Newfleet (since June 2011). Mr. Jennings is Senior Managing Director and Head of Credit Research (since 2011). Until June 2011, he was Managing Director (2008 to 2011) and 2nd Vice President (2005 to 2008) of Goodwin. Previously, he was associated with VIA, at which time it was an affiliate of Goodwin, and was a member of the corporate research team since 1998. Mr. Jennings is the sector manager for the leveraged loan sector and assists in formulation of the leveraged loan finance strategy for the retail multi-sector funds.He has over 20 years of investment experience.
David L. Albrycht President 2008 Now
Biography David L. Albrycht, CFA, President and Chief Investment Officer, has served as portfolio manager since 2018 and joined Newfleet in 2011. Mr. Albrycht was Executive Managing Director and Senior Portfolio Manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. Mr. Albrycht joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.
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