Virtus Newfleet Multi-Sector Short Term Bond Fund (NARAX)
The fund seeks current income with an emphasis on maintaining low volatility and overall short duration by investing primarily in higher quality, more liquid securities across 14 bond market sectors. It invests at least 80% of its assets in bonds, which are fixed income debt obligations of various types of issuers. The fund invests in a diversified portfolio of primarily short-term fixed income securities having an expected dollar-weighted average maturity of three years or less.
Fund Info
US92828R6449
92828R644
Jul 6, 1992
$2,500
Expense Ratio
NARAX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Newfleet Multi-Sector Short Term Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Virtus Newfleet Multi-Sector Short Term Bond Fund had a return of 0.64% year-to-date (YTD) and 6.61% in the last 12 months. Over the past 10 years, Virtus Newfleet Multi-Sector Short Term Bond Fund had an annualized return of 2.58%, while the S&P 500 had an annualized return of 11.29%, indicating that Virtus Newfleet Multi-Sector Short Term Bond Fund did not perform as well as the benchmark.
NARAX
0.64%
0.64%
2.23%
6.61%
2.27%
2.58%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NARAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.64% | 0.64% | |||||||||||
| 2024 | 0.58% | 0.14% | 0.63% | -0.27% | 0.88% | 0.22% | 1.72% | 0.86% | 0.82% | -0.48% | 0.64% | 0.18% | 6.07% |
| 2023 | 2.13% | -0.64% | 0.53% | 0.73% | -0.18% | 0.09% | 0.76% | 0.32% | -0.09% | -0.34% | 1.98% | 1.75% | 7.22% |
| 2022 | -0.91% | -0.70% | -1.34% | -1.12% | -0.47% | -1.59% | 1.34% | -0.70% | -2.05% | -0.25% | 1.40% | 0.28% | -6.00% |
| 2021 | 0.17% | -0.04% | -0.25% | 0.40% | 0.38% | -0.04% | 0.38% | -0.06% | -0.04% | -0.27% | -0.49% | 0.38% | 0.51% |
| 2020 | 0.87% | 0.00% | -6.33% | 2.40% | 2.06% | 1.54% | 1.50% | 0.61% | 0.00% | 0.00% | 1.04% | 0.82% | 4.31% |
| 2019 | 1.57% | 0.47% | 0.69% | 0.47% | 0.49% | 0.87% | 0.04% | 0.70% | 0.02% | 0.23% | 0.02% | 0.43% | 6.18% |
| 2018 | 0.23% | -0.40% | 0.02% | -0.40% | 0.02% | -0.19% | 0.45% | 0.04% | 0.22% | -0.41% | -0.17% | -0.17% | -0.76% |
| 2017 | 0.89% | 0.46% | 0.27% | 0.44% | 0.46% | -0.17% | 0.67% | 0.25% | 0.25% | 0.02% | -0.19% | 0.23% | 3.66% |
| 2016 | -0.22% | 0.02% | 1.33% | 1.10% | 0.23% | 1.09% | 0.66% | 0.46% | 0.67% | -0.19% | -0.80% | 0.49% | 4.94% |
| 2015 | 0.27% | 0.67% | 0.25% | 0.65% | 0.23% | -0.60% | 0.02% | -0.40% | -0.40% | 0.45% | -0.19% | -0.79% | 0.15% |
| 2014 | 0.08% | 0.89% | 0.27% | 0.47% | 0.66% | 0.45% | -0.37% | 0.25% | -0.78% | 0.25% | -0.17% | -0.97% | 1.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, NARAX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Short Term Bond Fund (NARAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Virtus Newfleet Multi-Sector Short Term Bond Fund provided a 4.81% dividend yield over the last twelve months, with an annual payout of $0.22 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $0.17 | $0.11 | $0.09 | $0.13 | $0.14 | $0.13 | $0.14 | $0.14 | $0.14 | $0.15 |
Dividend yield | 4.81% | 4.76% | 3.71% | 2.49% | 1.99% | 2.67% | 2.97% | 2.93% | 2.97% | 2.88% | 2.98% | 3.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Newfleet Multi-Sector Short Term Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.00 | $0.02 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2019 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Newfleet Multi-Sector Short Term Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Virtus Newfleet Multi-Sector Short Term Bond Fund was 16.18%, occurring on Dec 12, 2008. Recovery took 149 trading sessions.
The current Virtus Newfleet Multi-Sector Short Term Bond Fund drawdown is 0.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.18% | Feb 4, 2008 | 218 | Dec 12, 2008 | 149 | Jul 20, 2009 | 367 |
| -10.69% | Mar 5, 2020 | 14 | Mar 24, 2020 | 88 | Jul 29, 2020 | 102 |
| -9.81% | Jul 22, 1998 | 38 | Sep 11, 1998 | 161 | Apr 26, 1999 | 199 |
| -8.54% | Sep 16, 2021 | 277 | Oct 20, 2022 | 299 | Dec 29, 2023 | 576 |
| -4.35% | Aug 3, 2011 | 44 | Oct 4, 2011 | 78 | Jan 26, 2012 | 122 |
Volatility
Volatility Chart
The current Virtus Newfleet Multi-Sector Short Term Bond Fund volatility is 0.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.