Virtus Introduces the Virtus Newfleet Short Duration Core Plus Bond ETF

Virtus Investment Partners, Inc. (NASDAQ: VRTS) has expanded its exchange-traded funds offerings with the introduction of Virtus Newfleet Short Duration Core Plus Bond ETF (NYSE: SDCP), the fourth Virtus ETF Solutions strategy managed by Newfleet Asset Management.

The Virtus Newfleet Short Duration Core Plus Bond ETF utilizes Newfleet’s disciplined, time-tested investment process and rigorous risk management approach to invest in opportunities across undervalued areas of the fixed income markets. SDCP seeks current income consistent with preservation of capital, while limiting fluctuations in net asset value due to changes in interest rates by investing primarily in investment grade, short-duration debt securities from multiple bond sectors.

“We believe that this actively managed short duration ETF, managed through our relative value lens, can provide a high level of total return and be a good fit in a well-diversified fixed income portfolio,” said Newfleet President and Chief Investment Officer David L. Albrycht, CFA, who manages SDCP with Benjamin Caron, CFA, senior managing director and portfolio manager, and Lisa Baribault, director and portfolio manager. “Our active multi-sector investment approach has been in place for more than three decades and we are excited to expand our multi-sector strategy footprint in an ETF structure.”

Virtus’ multi-manager ETF platform, Virtus ETF Solutions, offers three other actively managed fixed income ETFs from Newfleet: Virtus Newfleet Multi-Sector Bond ETF (NYSE: NFLT), Virtus Newfleet ABS/MBS ETF (NYSE: VABS), and Virtus Newfleet Dynamic Credit ETF (NYSE: BLHY).

“Newfleet has been redefining core fixed income portfolios for more than a decade,” said William Smalley, executive managing director of Virtus ETF Solutions. “SDCP is a building block which combines Newfleet’s relative value approach with the efficiencies of the ETF wrapper, allowing investors to build responsive and adaptive portfolios for today’s fixed income markets.”

About Newfleet Asset Management

Newfleet Asset Management, which managed $14.0 billion as of September 30, 2023, provides comprehensive fixed income portfolio management, including multi-sector, enhanced core, and core strategies, in addition to dedicated sector strategies such as emerging markets debt, bank loans and high yield. Newfleet leverages the knowledge and skill of a team of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction.