Virtus Multi Sector Short Fund Quote

PIMSX Fund  USD 4.46  0.01  0.22%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 20

 
High
 
Low
Low
Virtus Multi-sector is trading at 4.46 as of the 17th of April 2024; that is -0.22 percent decrease since the beginning of the trading day. The fund's open price was 4.47. Virtus Multi-sector has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Virtus Multi Sector Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
The investment seeks high current income while the adviser attempts to limit changes in the funds net asset value per share caused by interest rate changes. Virtus Newfleet is traded on NASDAQ Exchange in the United States. More on Virtus Multi Sector Short

Moving together with Virtus Mutual Fund

  0.66VFSUX Vanguard Short TermPairCorr
  0.66VFSIX Vanguard Short TermPairCorr
  0.61VFSTX Vanguard Short TermPairCorr
  0.84LALDX Lord Abbett ShortPairCorr

Moving against Virtus Mutual Fund

  0.8UIPIX Ultrashort Mid Cap Steady GrowthPairCorr
  0.62USPSX Profunds Ultrashort Steady GrowthPairCorr
  0.61USPIX Profunds Ultrashort Steady GrowthPairCorr

Virtus Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Virtus Multi-sector's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Virtus Multi-sector or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationShort-Term Bond, Virtus (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date27th of January 2023
Fiscal Year EndSeptember
Virtus Multi Sector Short [PIMSX] is traded in USA and was established 17th of April 2024. The fund is listed under Short-Term Bond category and is part of Virtus family. This fund at this time has accumulated 4.57 B in assets with minimum initial investment of 100 K. Virtus Multi Sector is currently producing year-to-date (YTD) return of 0.97% with the current yeild of 0.0%, while the total return for the last 3 years was 0.93%.
Check Virtus Multi-sector Probability Of Bankruptcy

Instrument Allocation

Top Virtus Multi Sector Short Mutual Fund Constituents

EMBiShares JP MorganEtfEmerging Markets Bond
HYDVanEck High YieldEtfHigh Yield Muni
HYGiShares iBoxx HighEtfHigh Yield Bond
JNKSPDR Bloomberg HighEtfHigh Yield Bond
LQDiShares iBoxx InvestmentEtfCorporate Bond
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Virtus Multi Sector Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Virtus Multi-sector market risk premium is the additional return an investor will receive from holding Virtus Multi-sector long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Virtus Multi-sector. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Virtus Multi-sector's alpha and beta are two of the key measurements used to evaluate Virtus Multi-sector's performance over the market, the standard measures of volatility play an important role as well.

Virtus Multi-sector Against Markets

Picking the right benchmark for Virtus Multi-sector mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Virtus Multi-sector mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Virtus Multi-sector is critical whether you are bullish or bearish towards Virtus Multi Sector Short at a given time. Please also check how Virtus Multi-sector's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Virtus Multi-sector without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Virtus Mutual Fund?

Before investing in Virtus Multi-sector, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Virtus Multi-sector. To buy Virtus Multi-sector fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Virtus Multi-sector. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Virtus Multi-sector fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Virtus Multi Sector Short fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Virtus Multi Sector Short fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Virtus Multi Sector Short, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Virtus Multi Sector Short?

The danger of trading Virtus Multi Sector Short is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Virtus Multi-sector is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Virtus Multi-sector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Virtus Multi Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Multi Sector Short. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between Virtus Multi-sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Multi-sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Multi-sector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.