Virtus Private Credit Strategy ETFVirtus Private Credit Strategy ETFVirtus Private Credit Strategy ETF

Virtus Private Credit Strategy ETF

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Key stats


Assets under management (AUM)
‪51.32 M‬USD
Fund flows (1Y)
‪23.47 M‬USD
Dividend yield (indicated)
10.48%
Discount/Premium to NAV
1.2%

About Virtus Private Credit Strategy ETF


Issuer
Virtus Investment Partners, Inc.
Brand
Virtus
Expense ratio
9.72%
Home page
Inception date
Feb 7, 2019
Index tracked
Indxx Private Credit Index
Management style
Passive
VPC is a fund of funds that aims for income from private credit markets via exposure to US-listed closed-end funds (CEFs). It holds 2 main types: CEFs regulated as business development companies (BDCs) and non-BDC CEFs that focus on private credit. The BDCs invest in middle market firms with below-investment grade ratings using a variety of debt and equity vehicles. The non-BDC CEFs invest in loans, CLOs and senior loans. VPCs index screens for steady dividend payments over the past 3 years. The non-BDC CEFs are further screened to weed out large premiums or discounts of price vs. NAV. Securities are weighted by dividend yield. Structured as a fund-of-funds, investors should expect to pay double because of costs compounding. The index is reconstituted annually and rebalanced quarterly.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Multi-factor
Weighting scheme
Dividends
Selection criteria
Multi-factor

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Mutual fund
Stocks54.78%
Finance52.00%
Miscellaneous2.79%
Bonds, Cash & Other45.22%
Mutual fund43.03%
Cash2.19%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows