Virtus Newfleet Core Plus Bond Fund (SAVYX)
The investment seeks high total return from both current income and capital appreciation. The fund seeks to generate high total return from both current income and capital appreciation by investing primarily in intermediate-term debt securities across 14 fixed income sectors. It seeks to achieve its objective by applying a time-tested approach of active sector rotation, extensive credit research and disciplined risk management designed to capitalize on opportunities across undervalued areas of the fixed income markets.
Fund Info
US92828R4048
92828R404
Mar 7, 1996
$100,000
Expense Ratio
SAVYX has an expense ratio of 0.55%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Virtus Newfleet Core Plus Bond Fund (SAVYX) returned 1.08% year-to-date (YTD) and 5.13% over the past 12 months. Over the past 10 years, SAVYX returned 2.24% annually, underperforming the S&P 500 benchmark at 10.46%.
SAVYX
1.08%
0.80%
0.49%
5.13%
1.07%
2.24%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of SAVYX, 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 | 0.65% | 1.98% | -0.36% | -0.39% | -0.79% | 1.08% | |||||||
| 2024 | 0.21% | -0.66% | 0.93% | -2.10% | 1.70% | 0.40% | 2.57% | 1.44% | 1.26% | -1.95% | 1.13% | -1.41% | 3.43% |
| 2023 | 3.78% | -2.11% | 1.65% | 0.90% | -1.10% | 0.22% | 0.27% | -0.49% | -2.26% | -1.63% | 4.39% | 3.55% | 7.08% |
| 2022 | -1.60% | -1.03% | -2.24% | -3.18% | -0.33% | -2.10% | 2.16% | -2.01% | -3.76% | -1.41% | 3.26% | -0.17% | -11.94% |
| 2021 | -0.32% | -1.04% | -1.05% | 0.89% | 0.35% | 0.87% | 0.86% | 0.02% | -0.64% | 0.11% | 0.11% | -1.31% | -1.19% |
| 2020 | 1.89% | 0.90% | -5.97% | 3.00% | 1.98% | 1.68% | 2.26% | -0.21% | -0.04% | -0.27% | 1.78% | 0.64% | 7.59% |
| 2019 | 2.07% | 0.46% | 1.74% | 0.38% | 1.45% | 1.30% | 0.53% | 2.28% | -0.36% | 0.44% | 0.09% | 0.01% | 10.86% |
| 2018 | -0.57% | -0.97% | 0.20% | -0.80% | 0.39% | -0.14% | 0.51% | 0.35% | -0.11% | -0.94% | -0.05% | 0.68% | -1.48% |
| 2017 | 0.71% | 1.08% | 0.04% | 0.97% | 0.98% | 0.04% | 0.62% | 0.75% | -0.12% | 0.30% | -0.14% | 0.41% | 5.77% |
| 2016 | 0.25% | 0.27% | 1.54% | 1.16% | 0.25% | 1.68% | 1.30% | 0.35% | 0.19% | -0.61% | -2.26% | 0.65% | 4.81% |
| 2015 | 0.78% | 0.94% | 0.06% | 0.70% | -0.00% | -1.04% | 0.28% | -0.81% | -0.18% | 0.81% | -0.63% | -0.69% | 0.21% |
| 2014 | 0.54% | 1.50% | 0.36% | 0.79% | 1.30% | 0.68% | -0.51% | 0.85% | -1.20% | 0.80% | -0.21% | -1.21% | 3.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, SAVYX is among the top 20% 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 Core Plus Bond Fund (SAVYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Virtus Newfleet Core Plus Bond Fund provided a 4.87% dividend yield over the last twelve months, with an annual payout of $0.49 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 | $0.49 | $0.53 | $0.45 | $0.31 | $0.30 | $0.32 | $0.38 | $0.40 | $0.40 | $0.36 | $0.39 | $0.49 |
Dividend yield | 4.87% | 5.28% | 4.39% | 3.10% | 2.51% | 2.63% | 3.23% | 3.67% | 3.48% | 3.19% | 3.51% | 4.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Newfleet Core Plus 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 | $0.05 | $0.04 | $0.04 | $0.00 | $0.00 | $0.13 | |||||||
| 2024 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.53 |
| 2023 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.45 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.30 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.32 |
| 2019 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.40 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Newfleet Core Plus 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 Core Plus Bond Fund was 17.26%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Virtus Newfleet Core Plus Bond Fund drawdown is 3.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.26% | Sep 15, 2021 | 280 | Oct 24, 2022 | — | — | — |
| -10.54% | Mar 9, 2020 | 12 | Mar 24, 2020 | 72 | Jul 7, 2020 | 84 |
| -8.19% | Jan 24, 2008 | 193 | Oct 28, 2008 | 130 | May 6, 2009 | 323 |
| -5.69% | May 3, 2013 | 36 | Jun 24, 2013 | 172 | Feb 28, 2014 | 208 |
| -4.36% | Mar 25, 2004 | 35 | May 13, 2004 | 75 | Aug 31, 2004 | 110 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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