Virtus Multi Sector Short Fund Year To Date Return
| PIMSX Fund | USD 4.46 0.01 0.22% |
Virtus Multi Sector Short fundamentals help investors to digest information that contributes to Virtus Multi's financial success or failures. It also enables traders to predict the movement of Virtus Mutual Fund. The fundamental analysis module provides a way to measure Virtus Multi's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virtus Multi mutual fund.
Virtus |
Virtus Multi Sector Short Mutual Fund Year To Date Return Analysis
Virtus Multi's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Virtus Multi Year To Date Return | 1.18 % |
Most of Virtus Multi's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Multi Sector Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Virtus Multi Sector Short has a Year To Date Return of 1.1774%. This is much higher than that of the Virtus family and significantly higher than that of the Short-Term Bond category. The year to date return for all United States funds is notably lower than that of the firm.
Virtus Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virtus Multi's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Virtus Multi could also be used in its relative valuation, which is a method of valuing Virtus Multi by comparing valuation metrics of similar companies.Virtus Multi is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Virtus Multi
The fund consists of 96.09% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.Asset allocation divides Virtus Multi's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Virtus Fundamentals
| Price To Book | 0.42 X | |||
| Price To Sales | 28.20 X | |||
| Total Asset | 3.69 B | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 1.18 % | |||
| One Year Return | 5.75 % | |||
| Three Year Return | 0.97 % | |||
| Five Year Return | 2.15 % | |||
| Ten Year Return | 3.71 % | |||
| Net Asset | 4.57 B | |||
| Minimum Initial Investment | 100 K | |||
| Last Dividend Paid | 0.01 | |||
| Cash Position Weight | 3.52 % | |||
| Equity Positions Weight | 0.02 % | |||
| Bond Positions Weight | 96.09 % |
About Virtus Multi Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtus Multi Sector Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus Multi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus Multi Sector Short based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Virtus Multi Sector using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.