Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP)
Virtus Newfleet Short Duration Core Plus Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Hartford, CT, US. The stock last traded at $25.55, up 0.00% on the session, giving a market capitalisation of $12.8M. Its beta of 0.07 implies it has historically moved less than the broad market.
This ETF endeavors to generate consistent income and simultaneously protect investors' principal. It also aims to minimize notable shifts in its net asset value that may arise from changes in interest rates. To achieve these goals, the fund primarily allocates its investments to high-quality, shorter-term debt instruments across diverse segments of the bond market. Its approach incorporates a well-established, systematic investment methodology, combined with stringent risk oversight, to pinpoint and exploit compelling prospects within undervalued areas of the fixed income landscape.
Virtus Newfleet Short Duration Core Plus Bond ETF is most often compared with the following Financial Services names: