Newfleet Asset Management Rings Opening Bell at NYSE
Celebrates launch of Virtus Newfleet Multi-Sector Unconstrained Bond ETF
HARTFORD, Conn., Aug. 27, 2015 /PRNewswire/ -- Newfleet Asset Management and Virtus ETF Solutions, two affiliates of Virtus Investment Partners (NASDAQ: VRTS), which operates a multi-manager asset management business, celebrated the recent launch of the Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT) by ringing the opening bell at the New York Stock Exchange today.
Newfleet President and Chief Investment Officer David L. Albrycht, CFA rang the bell alongside co-portfolio managers Jonathan Stanley, CFA, managing director and portfolio manager, and Christopher Kelleher, CFA, CPA, senior managing director and senior portfolio manager, and Virtus ETF Solutions co-founder William Smalley.
"The Virtus Newfleet Multi-Sector Unconstrained Bond ETF is a natural extension of Newfleet's proven multi-sector investment approach, and we are excited to bring this ETF to market with Virtus ETF Solutions," said Albrycht. "At Newfleet, we employ a combination of active sector rotation and disciplined risk management with the goal of choosing the right pockets of the global bond market at the right times, while seeking to achieve long-term excess returns."
NFLT seeks to provide a high level of current income, and, secondarily, capital appreciation. The fund is not constrained by limits on sector, industry, or country allocations, which allows the portfolio managers to fully express their highest conviction ideas.
To learn more about the Virtus Newfleet Multi-Sector Unconstrained Bond ETF, visit newfleet.com.
About Newfleet Asset Management
Newfleet Asset Management, an affiliated manager of Virtus Investment Partners, 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 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.
About Virtus ETF Solutions
Virtus ETF Solutions, formerly ETF Issuer Solutions, an affiliate of Virtus Investment Partners, operates a multi-manager ETF platform, providing investors access to differentiated investment capabilities from select subadvisers.
About Virtus Investment Partners
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. Virtus offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs, and provides products and services through affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Its affiliates include Cliffwater Investments, Duff & Phelps Investment Management, Euclid Advisors, Kayne Anderson Rudnick Investment Management, Kleinwort Benson Investors International, Newfleet Asset Management, Newfound Investments, Rampart Investment Management, Virtus ETF Solutions, and Zweig Advisers. Additional information can be found at www.virtus.com.
Carefully consider the Fund's investment objective, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus, which can be obtained at Newfleet.com or by calling 1-800-243-4361. Read the prospectus carefully before investing.
An investment in the Fund is subject to investment risks; therefore, you may lose money by investing in the Fund. There can be no assurance that the Fund will be successful in meeting its investment objective. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a debt security may fail to make interest and/or principal payments. Values of debt securities may rise or fall in response to changes in interest rates, and this risk may be enhanced with longer-term maturities. Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk.
Virtus ETF Advisers LLC serves as the investment adviser and Newfleet Asset Management, LLC serves as the subadviser to the Fund. The Fund is distributed by ETF Distributors LLC, an affiliate of Virtus ETF Advisers LLC.
SOURCE Newfleet Asset Management
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