Virtus Tax Mutual Fund Money Managers
| PXCZX Fund | USD 10.20 0.01 0.1% |
Break down of Virtus Tax's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Virtus Tax's future under-performance.
| Timothy Heaney Executive Fund Manager |
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Virtus |
Virtus Tax Net Asset Comparison
Virtus Tax Exempt Bond is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 11.42 Billion. Virtus Tax maintains roughly 70.71 Million in net asset contributing less than 1% to funds under Muni National Interm category.
Virtus Tax Exempt Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Virtus Tax Exempt Price Series Summation is a cross summation of Virtus Tax price series and its benchmark/peer.
Virtus Tax Stakeholder
| Timothy Heaney | Fund Manager | Profile |
About Virtus Tax Management Performance
The success or failure of an entity such as Virtus Tax Exempt often depends on how effective the management is. Virtus Tax management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Virtus management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Virtus management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund seeks to generate current income exempt from federal income taxes by investing in a diversified portfolio with municipal bonds of varying maturities. The management team focuses on higher quality tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure. Under normal circumstances, as a matter of fundamental policy, it invests at least 80 percent of its assets in municipal bonds, the income from which is exempt from federal income taxes.
Please note that past performance is not an indicator of the future performance of Virtus Tax, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Virtus Tax Exempt Annual Yield
In accordance with the recently published financial statements, Virtus Tax Exempt Bond has an Annual Yield of 5.0E-4%. This is 97.5% lower than that of the Virtus family and significantly higher than that of the Muni National Interm category. The annual yield for all United States funds is notably lower than that of the firm.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Tax Exempt Bond. 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 nation. Note that the Virtus Tax Exempt information on this page should be used as a complementary analysis to other Virtus Tax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.