Virtus Newfleet Multi-Sector Bond ETF
$22.22+0.02 (+0.09%)
- 0.50%
- $510M
- +1.7%
- 5.52%
- 0.1M sh
- $22.18
- low $21.96high $23.35
The ETF.net NFLT Grade
B
Score 58 out of 100
- 16 of 29
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 15 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.B62 out of 100Rank 24 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 11 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 14 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A97 out of 100Rank 2 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 9 of 29
Our read on NFLT
BMost funds benchmarked to the Agg just copy it. NFLT hands the keys to Newfleet's credit team instead, hunting income across US, international and emerging-market bond sectors, and paying out monthly.
The Fund seeks a high level of current income and, secondarily, capital appreciation. Its adviser uses credit research to pursue opportunities across undervalued areas of the bond markets.
Why people hold it
- Active by design: managers choose sectors rather than replicate the Bloomberg U.S. Aggregate, and the mandate reaches into international and emerging-market debt the Agg barely touches.
- Spread thin on purpose. About 200 positions means no single bond decides the outcome, one of the better-diversified books among aggregate bond funds.
- Income comes first by charter: high current income is the stated primary goal, capital appreciation second, and distributions land monthly.
- Trading since 2015 with a mid-size asset base and moderate everyday volume, so it is well past the fragile-startup stage.
Worth knowing
- Active talent has a price tag: 0.50% a year, above the category median and a wide gap over index Agg trackers like BND, AGG and SPAB at 0.03%.
- Leaving the benchmark cuts both ways. Sector rotation and emerging-market bonds mean results can drift from the Agg in either direction.
- Hunting undervalued corners of the bond market means taking credit risk, not just interest-rate risk. Know which lever you are pulling.
NFLT Holdings
- Bonds
- 1,121
- 11%
- Cash/Cash equivalents
Sectors
- Financials89.4%
- Communication7.1%
- Health Care1.2%
- Real Estate1.2%
- Technology1.2%
Geography
- United States57.81%
- Mexico3.10%
- South Africa2.26%
- Brazil2.22%
- Canada2.05%
- United Kingdom1.82%
- France1.73%
- Malaysia1.60%
- 27.42%
Developed 26% · Emerging 74%
NFLT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NFLT$10,174
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NFLT |
|---|---|
| Year to date | −0.1% |
| 1 month | −1.2% |
| 3 months | −1.9% |
| 1 year | +1.7% |
| 3 years | +7.2% |
| 5 years | +2.7% |
| 10 years | +3.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NFLT |
|---|---|---|
| 2026 YTD | −0.1% | |
| 2025 | +8.8% | |
| 2024 | +6.0% | |
| 2023 | +9.2% | |
| 2022 | −9.5% | |
| 2021 | +1.2% | |
| 2020 | +8.0% |
NFLT in the news
NFLT Dividends
- 5.52%
- $1.22
- $0.10 per share
- Monthly
Distribution history
NFLT Risk
- 4.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.48
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.70
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NFLT Cost
0.50%
NFLT0.50%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
16 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- BCPLBNYLI MacKay Core Plus Bond ETFExpense ratio 0.35%1 year return −0.9%
- BPYLDPIMCO Multisector Bond Active Exchange-Traded FundExpense ratio 0.74%1 year return +1.3%
- BBRTRiShares Total Return Active ETFExpense ratio 0.41%1 year return −1.7%
- BBONDPIMCO Active Bond Exchange-Traded FundExpense ratio 0.56%1 year return −2.1%
- CJFLXJPMorgan Flexible Debt ETFExpense ratio 0.64%1 year return +2.2%