Virtus Private Credit Strategy ETF (VPC)
Virtus Private Credit Strategy ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Hartford, CT, US. The stock last traded at $15.71, down 0.03% on the session, giving a market capitalisation of $32.5M. Its beta of 0.42 implies it has historically moved less than the broad market.
The fund aims to provide an income source distinct from traditional bonds by primarily investing in the private credit market. It endeavors to replicate the performance of the Indxx Private Credit Index, which offers broad, unmanaged investment in publicly traded instruments centered on private lending, such as Business Development Companies (BDCs) and Closed-End Funds (CEFs).
Virtus Private Credit Strategy ETF is most often compared with the following Financial Services names: