VABS Profile
The
Virtus Newfleet ABS/MBS ETF is an exchange-traded fund that seeks to
provide investors with exposure to U.S. residential mortgage-backed
securities (MBS) and asset-backed securities (ABS). The fund is
managed by Virtus ETF Solutions and Newfleet Asset Management, two
subsidiaries of Virtus Investment Partners.
As of September
2021, the VABS ETF had a net asset value of approximately $120 million
and held over 300 individual securities. The fund's portfolio is
diversified across multiple sectors, with a focus on high-quality
securities that have the potential to provide attractive yields while
managing credit risk.
The VABS ETF is designed to provide
investors with a way to potentially benefit from the income-generating
potential of mortgage-backed and asset-backed securities while also
diversifying their portfolio. However, investors should be aware that
investing in fixed income securities carries its own set of risks,
including interest rate risk, credit risk, and liquidity risk.
The expense ratio for the VABS ETF is 0.35%, which is in line with the
expense ratios of other fixed income ETFs. This may make the VABS ETF
an attractive option for investors seeking exposure to mortgage-backed
and asset-backed securities at a reasonable cost.
Overall, the
Virtus Newfleet ABS/MBS ETF may be a suitable investment for investors
seeking exposure to fixed income securities backed by mortgages and
other assets. However, as with any investment, it is important to
conduct your own research and consider your investment goals and risk
tolerance before investing i
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